Deep dive into the latest Aptos price analysis, as Aptos bulls remain upbeat despite the APT price being down 55% from March. Amid this, interest in the 99Bitcoins presale is soaring.
Crypto prices are down at the moment. Despite a slight pullback from around all-time highs in coins like Bitcoin, altcoins are under immense selling pressure.
Even amid this bearish outlook, the cool thing is that sentiment remains bullish, and supporters expect sharp price recoveries in the days ahead.
Chains that shouldn't be in top 20:
– XRP
– Cardano
– Bitcoin CashChains that should be in top 20 instead of them:
– Polygon
– Aptos
– Ronin— Alex Svanevik 🐧 (@ASvanevik) June 10, 2024
APT Price Down 55% From March Highs Despite Solid Aptos Fundamentals
This overview is seen clearly in the performance of APT, the native currency priming one of the latest smart contracts platforms.
Overall, APT price action remains lackluster despite the bullish sentiment surrounding the platform.
To illustrate, APT is down 55% from March highs and may slip even lower after the mid-April consolidation.
(APTUSDT)
Nonetheless, there are positive developments.
Recently, Aptos Labs CEO Mo Shaikh was selected to serve on the Digital Assets Markets Subcommittee of the United States Commodity Futures Trading Commission (CFTC), which has 34 members.
This appointment is massive.
Proud to be part of a company whose leaders truly care about the space.
We are here for the long run, we are here to build the new internet. https://t.co/9TgLMRWhZ9— Alexander Spiegelman (@SashaSpiegelman) June 5, 2024
The subcommittee plays a crucial role in shaping international trade regulations for digital assets. As such, Shaikh’s presence, analysts observe, will lend credibility to Aptos as one of the key players in the industry.
While at it, Aptos Labs also partnered with IONET, a decentralized AI computing platform, to disrupt AI and the computing landscape.
This collaboration will integrate blockchain technology to provide transparent and immutable records for AI-generated creations.
The 99BTC Presale SMASHES $2M Raised: Will It Be The Altcoin King of Q2 Launches?
While Aptos strikes key partners and its founder helps regulators clarify the status of cryptocurrencies, 99Bitcoins (99BTC) is also grabbing headlines in the ongoing presale.
99Bitcoins is one of the earliest crypto media outlets, with over three million email subscribers.
It offers a variety of educational resources, from beginner guides to advanced project trackers.
However, after years, it plans to upgrade and launch a learn-to-earn platform.
The ongoing 99BTC presale has already raised a stunning $2 million.
Even as investors flock to the presale, 99BTC sits at just $0.00108–a huge discount considering its upside potential.
Key crypto figures and influencers, including Michael Wrubel, back 99BTC to roar 100X, citing its unique L2E model, incentives, generous staking rewards, and tokenomics.
There is an ongoing airdrop campaign, ending on June 19, where 99Bitcoins is giving away $99,999 worth of BTC to 99 lucky winners.
At the same time, presale investors who buy 99BTC and stake for passive income earn a staggering 820% APY.
For long-term investors, the project boasts a well-defined tokenomic structure with no allocation for developers or private sales.
Additionally, its smart contracts have been audited by SolidProof.
Don’t Miss Out.
EXPLORE: US Macro Economics and US Presidential Election Will Trigger Next Bitcoin All Time High
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
