
The Aptos $APT token has experienced a significant decline of 16% over the past week, underperforming in comparison to the broader cryptocurrency market. This downturn comes ahead of a major event for Aptos, with a $300 million token unlock scheduled for tomorrow, releasing approximately 24.84 million $APT tokens, which is 1.13% of the supply, worth $139.9M, to core contributors, investors, the community, and the foundation. This event is part of a larger trend in the cryptocurrency market, with other tokens also planning unlocks in the coming days, including $STRK unlocking 5% of its supply worth $946m and $ARB unlocking 0.93% of its supply worth $136.1M, indicating potential volatility in the market.
Btw $APT is unlocking 1.13% of the supply today worth $139.9M And in 3 days: $STRK is unlocking 5% of the worth $946m 💀 $ARB is unlocking 0.93% of the supply worth $136.1M Brace for volatility.
UPDATE: APTOS FALLS BY 9% OVER THE LAST SEVEN DAYS AHEAD OF THE 24.84M $APT TOKEN UNLOCK WORTH $304M
APTOS TOKEN DROPS 16% AS $300M UNLOCK LOOMS - $APT falls behind the market upward trend of BTC & ETH, declining 16% over the past week. - Core contributors, investors, community, and the foundation to receive almost $300M worth of tokens - Token distribution will be as… https://t.co/6jItzN5qCB https://t.co/xLFC6z33wy
