Tokens powering the Aptos_Network have surged amid narrative-driven trading and rising NFT activities on marketplaces such as TopazMarket. By shauryamalwa.
Layer 1 blockchain Aptos’ APT tokens is up 250% in just 14 days even as the broader crypto market grapples with bankruptcies, lawsuits and a decline in overall sentiment.
The tokens command a market capitalization of over $2.3 billion on Monday, making Aptos the 30th-most valued network based on current token supply, and have a fully diluted valuation of $14 billion based on their total supply. Prices trade just shy of $14 on Monday, up from last week’s $7 and over 300% from November’s $3 lows, perNFT markets on Aptos appear to have contributed to that growth. Data from Aptos NFT marketplace Topaz
collections such as Aptomingos – a set of comic flamingos – and Aptos Monkeys attracted tens of thousands in trading volume in the past 24 hours, with the minimum prices of several NFT projects rising in the past week.
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