As APT Sees Red, Is AiDoge the Way Forward?
The crypto market is currently on a downhill trajectory and has slipped below the $1.14 trillion stronghold to $1.12 trillion.
This significant dip reflects a 0.62% decrease in the last 24 hours. As a result, several crypto assets have slipped into the red zone in lockstep with market movers Bitcoin and Ethereum.
The $APT token has also experienced a significant bearish sentiment, with its entire price chart showing strong red movements.
Could this be an opportunity to buy APT, or will other low-cap crypto gems like AiDoge and Copium help investors cope with the bearish strides?
After enjoying a meteoric ride out to a $1.25 trillion market cap, the crypto market is angling more and more for a major correction.
This sudden switch in tempo is driven by macroeconomic events in the US and a tough regulatory climate for digital assets.
Following this, the emerging industry has dipped to the current market cap of $1.12 trillion, with a possible trend continuation expected.
Proof-of-stake (PoS) layer-1 blockchain protocol Aptos has largely followed in lockstep with other established brands.
Its native token has slipped 2.45% in the last 24 hours, indicating a downtrend of $8.18.
For the past day, the $APT token has traded sideways, showing that it is unlikely the bulls take over operations anytime soon.
On its seven-day price performance, $APT is down 4.28%, with its 30 days price also in the red zone with 20.05% shaved off.
The bloody trail continues with a 90-day loss of 42.94%. However, $APT is in the green zone when it comes to the 180-day price bracket, which shows an 87.97% increase in the stated period.
Its year-to-date (YTD) price performance is also top-notch, with a 135.23% increase locked in since 2023 began.
Meanwhile,
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