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At the time of writing, there are signs of a possible market correction, not least with major coins such as Bitcoin and Ethereum posting decent gains. Aptos (APT) is one of the tokens that is expected to experience bullish momentum and growth in price.
Although apt has benefits Modest 1.7% in the last 24 hours, Project partnerships and on-chain development paint a somewhat rosy picture. APT price has risen to $8.30 at the time of writing, which highly contributed to this bullish momentum.
Source: Coingecko
Aptos returns with Hack Holland
The cryptocurrency ecosystem uses competition to support new projects that need funding. aptos hack Return With Hack Holland, an event to find the new wave of Web3 projects that will contribute to the growth of the industry.
hack holland hackathonTaking place on June 5–7, Aptos is set to generate the next wave of DeFi products and services. Celebration Will award prizes in categories like NFTs, DeFi, public goods, and many more.
Ready to show off your skills and earn some serious rewards?
Aptos Hack Holland is your chance to hack game-changing web3 ideas and win huge prizes.
Step up to the challenge! Application closes May 29 ⤵️ pic.twitter.com/BIpC7HDaP6
— Aptos (@Aptos_Network) May 27, 2023
More projects in pipeline
Hacks created recently with Holland’s buzz the upcoming The second playtest of Metapixel’s Gran Saga: Unlimited. Metapixel is the Web3 arm of South Korean gaming company Npixel. Entered Web3 world in November last year. If the playtest is successful, we may see more games built on the Aptos blockchain, providing positivity in the long term.
Quicknodes is another exciting development Announcement Strategic partnership with Aptos in the field of remote node infrastructure. This partnership is critical to the success of Aptos as a strong blockchain infrastructure will ensure the dominance of the Aptos blockchain.
Aptos joined @QuickNode To provide easy-to-use remote node infrastructure services to network developers – so devs can spend less time on node operations and more time on building and innovating.
learn more on https://t.co/fYorOhQFak,
— Aptos (@Aptos_Network) May 24, 2023
To onboard more developers to Aptos, move launched A developer hub with tutorials and documentation on how to get started building the Aptos blockchain using the Moov developer language. This consolidation of resources will also have an impact on the volume of dApps on the platform in the future.
APT total market currently at $1.6 billion on the weekend chart at TradingView.com
At $8.30, investors have room to profit
After hitting its all-time high in January, APT has since been in decline. However, this may change in the coming days or months. At the moment, the coin is trading in a very tight range which contributes to the bullish momentum.
APT price performance. Source: Coingecko
Meanwhile, if the market turns sharply bearish, investors and traders should defend the $7.5 support level. Holding this support level will allow the bulls to target the $12 range in the medium to long term. If the momentum allows, we could even see a return to $16 in the long term.
Featured image from Asia Crypto Today
