An unintended ticker name anomaly caused the tokens of Apricot Finance to surge some 70% in the past 24 hours. By shauryamalwa
An unintended anomaly caused the surge instead. Apricot Finance’s APT tokens – which surged some 70% in the past 24 hours – share the same ticker as Aptos’ native APT tokens.on major crypto exchanges Binance and FTX.
That didn’t stop traders from taking bets on the existing APT. Trading volumes on Apricot’s APT jumped from under $70,000 on Monday to over $2.2 million on Tuesday afternoon, with prices continuing to increase at writing time. The tokens are traded on Gate and LATOKEN, two medium-tier crypto exchanges.no increase in the Total Value Locked Meanwhile, some community members warned others from buying into the hype. “Keep buying the wrong one,” said one member on the CoinMarketCap forum.
As such, there’s a long way to go for APT holders: the token prices are down over 95% from last year’s peak of 30 cents, a time when platform TVL was $300 million.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Smile’ Continues to Kill at International Box Office, ‘Ticket to Paradise’ Hits $70 Million OverseasParamount’s R-rated thriller “Smile” continues to beat box office expectations in North America and beyond. Over the weekend, the horror movie added $16.3 million at the internati…
Read more »
Fan token firm Chiliz grows staff by 70% despite crypto winterThe market is down, but a fan token powerhouse is feeling bullish. Blockchain company Chiliz, the creator of Socios, has continued to expand its workforce despite the ongoing bear market. (Reporting via coindanslecoin)
Read more »
XRP Generates Bullish Divergence as Momentum StallsThe XRP token has seemingly confirmed a bullish divergence, setting the stage for possible recovery
Read more »
Shiba Inu Token Surges 8%, But It's Not SHIB.Shibtoken ecosystem token up 8%, and it's not $SHIB shibainu shibarmy shibarium shibaeternity shib bone leash $bone
Read more »
New Blockchain Aptos Unveils Controversial Tokenomics, APT Incentive Plans.AptosLabs said that tokens held by private investors are subject to a 12-month lockup, while the entire circulating supply will be released in the next ten years. By shauryamalwa
Read more »