Aptos Price Prediction as APT Surges 40% in Two Days Ahead of This Potential Bearish Headwind

APT, the native token that powers the Aptos blockchain, has been on the rise over the past two days. Since the start of the week, APT/USD is up over 40%, taking its gains from late-December all-time lows just above $3.0 per token to over 80%. The price predictions are therefore bullish.

APT/USD last changed hands around $5.6, with the cryptocurrency breaking out north of resistance in the form of early December highs near $5.50. APT bulls are now eyeing a test of the next major $6.70 resistance area in the form of 19^the Low October.

Price Prediction: What’s Next for APT?

APT’s recent rally was apparently triggered by a break above a downtrend that had been suppressing price action since the token began trading on exchanges in October. This breakout began earlier this month, but only gained strength in the past two days amid a broader rebound in cryptocurrency market sentiment, perhaps as traders bet on a weakening US economic outlook. The US will discourage the US Federal Reserve from being too aggressive with its monetary tightening. in 2023.

Either way, APT has been able to hit its first bullish target, the early December high in the $5.50 area. If you can pull off a sustained break above this level, which you have not been able to do yet, then that could open the door for a test of resistance at $6.70 and then all-time highs in the $10.30 area. That would mark a further 85% rebound from current levels.

APT Unlock a headwind?

The APT rally comes a day before a major token unlock, which some traders believe could be a short-term hurdle to further price appreciation. According to TokenUnlocks, only slightly more than 139 million of the total supply of 1 billion APT tokens are currently unlocked, or close to 14%.

However, in just over a day, another 4.5 million tokens (0.45% of the total supply) will be released, of which 3.21 million will go to the community and 1.33 million to the blockchain foundation. of Aptos. The fear is that this could create selling pressure that could influence the short-term price of APT as community members and the foundation take advantage.

In terms of Aptos’ token acquisition schedule, APT will roll out gradually over most of the rest of the year. But the speed of APT “inflation” will pick up rapidly in November, when investors and major contributors start getting their hands on locked tokens as well.

Altcoins to consider

With cryptocurrency markets generally having been underperforming in recent weeks, investors might be looking to diversify their holdings with discounted pre-sale tokens from some up-and-coming up-and-coming crypto projects. Here is a list of a few that InsideBitcoins analysts believe have the potential to do well.

FightOut (FGHT) – Preorder Now

The young move-to-win crypto niche has shown great promise, but early success stories like STEPN have significant limitations that have, until now, prevented them from conquering the mainstream. Billing itself as the future of moving to win, FightOut wants to change that in 2023. FightOut is a new web3 fitness app and gym chain that rewards its users for working out, completing challenges, and competing within a fitness metaverse first of its kind.

While existing M2E apps like STEPN only track steps and require expensive NFT token purchases to participate, FightOut takes a more holistic approach to tracking and rewarding its users for their exercise and activity, and doesn’t require any expensive purchases to participate. FightOut seeks to combine the physical and web3 worlds.

The project aims to eventually acquire gyms in all major cities around the world, while also promoting an integrated web3 fitness experience. At the center of FightOut’s digital ecosystem will be its smartphone app which, according to FightOut’s whitepaper, is scheduled to launch in Q2 2023.

The FightOut app will take advantage of smartphones and wearable technology to measure and track physical performance. The app will have its own internal tokenized economy, where users can earn rewards for completing M2E tasks and can create their own soul-bound token avatar, through which the user will be able to interact with the FightOut metaverse.

FGHT is the token that powers the FightOut metaverse ecosystem. Users will pay to participate in competitions and leagues with FGHT, and winning will be paid in FGHT.

FGHT can also be used in peer-to-peer fitness betting. FightOut’s FGHT tokens are currently selling at 60.06 for 1 USDT, and interested investors are encouraged to move quickly to secure their tokens, as the pre-sale has already raised over $2.8 million in just a few weeks. FGHT is the token that will power the FightOut crypto ecosystem.

Visit FightOut now

Dash 2 Trade (D2T): Excessive Funding Round Nearing End, CEX Listing Imminent

Those interested in investing in a promising cryptocurrency trading platform startup should look no further than Dash 2 Trade. The up-and-coming social trading and analytics platform hopes to take the cryptocurrency trading space by storm with a number of unique features. These include trading signals, social sentiment and on-chain indicators, a pre-sale token scoring system, a token listing alert system, and a strategy testing tool.

The Dash 2 Trade ecosystem will be powered by the D2T token, which users will need to purchase and hold to access the platform’s features. Dash 2 Trade is currently running a token pre-sale which was originally supposed to have ended a few days ago, but continued due to the massive demand for tokens.

The total raise recently surpassed $14.2 million, and the token will be listed on its first centralized cryptocurrency exchange, Gate.io, in just one day. Therefore, investors should move quickly to secure tokens before volatility begins. The tokens are currently selling for $0.0533 each.

Investors should also note that Gate.io will also be airdropping $120,000 worth of D2T tokens. Users can register for the airdrop here.

https://t.co/a1d9vDe5GZ #Start up Free initial offer: #D2T @dash2_trade

🗓️ Subscription: 07:00 AM, Jan 10-11 (UTC)
💰Airdrop Value: $120,000

Claim now: https://t.co/mJiKLMj7L3#gateiostartup #gateio #Airdrop #Launch pad pic.twitter.com/0JfVwH5NGb

— Gate.io Startup (@Gateio_Startup) January 9, 2023

Visit Dash 2 Trade here

C+Charge (CCHG): Presale Now On

The carbon credit industry is projected to be worth $2.4 trillion by 2027. Democratizing access to accrue these benefits will generate big business in the coming years and this is something that crypto startup C+Charge hopes to achieve. C+Charge is currently building a blockchain-based Peer-to-Peer (P2P) payment system for EV charging stations that will enable EV drivers to earn carbon credits.

C+Charge aims to boost the role of carbon credits as a key incentive for electric vehicle adoption. Today, big EV manufacturers like Tesla make millions selling carbon credits to polluters. C+Charge wants to democratize the carbon credit market by allowing more of these rewards to be in the hands of electric vehicle owners, rather than just big companies.

C+Charge has just started the pre-sale of the CCHG token that its platform will use to pay at electric vehicle charging stations. The tokens are currently selling for $0.013 each, although by the end of the pre-sale it will have increased by 80%. Investors interested in taking an early part in a promising environmentally friendly cryptocurrency project should act fast, as the project has already raised nearly $240,000 in just a few weeks since the pre-sale launch.

Investors should note that the remaining tokens can be picked up quickly. A crypto whale recently netted over $99 worth of CCHG in one transaction, as can be verified here at BscScan.

Visit C+Charge here