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Is it Too Late to Buy Aptos? Experts Give Their APT Price Predictions After 72% Rise in 7 Days

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APT, the token that powers new up-and-coming layer-1 blockchain Aptos, is consolidating just to the north of the $13 level on Monday.

Profit-taking in wake of a stunning 281% rally since the start of the month, with over 70% of these gains coming in the last seven days, preventing the cryptocurrency from holding at record-high levels just to the north of the $14 mark.APT’s rally has been in part powered by a broader move higher in crypto since the start of the month which has, for the most part, been fuelled by macro-optimism (for easier monetary policy this year and next).

Some analysts have also cited growth in trading volumes on Aptos-based NFT marketplace Topaz as boosting interest in the recently launched layer-1 blockchain.Crypto twitter community members were skeptical as to the sustainability of the rally.

According to @Z_Humphries, Aptos is a “new shiny L1 and a lot of the VC money that left Solana could be going here... just a guess”.

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