Aptos Token Surges Nearly Triple Digits: Reaches New All-Time High

• Bitcoin continued to gradually increase in value and tapped yet another multi-month high well above $23,000 before retracing slightly.
• Most altcoins have calmed on a daily scale, aside from OKB and APT.
• Aptos (APT) is the best performer on a weekly scale from the top 100 cryptocurrencies, having soared by almost triple digits in the past seven days.

The cryptocurrency market has seen a lot of activity in the first weeks of 2023, with Bitcoin steadily increasing in value and reaching a new multi-month high of over $23,000 before retracing slightly. While most altcoins have calmed on a daily scale, two stand out in the crowd, with OKB and Aptos (APT) having seen a lot of growth recently.

Aptos has been the best-performing token from the top 100 cryptocurrencies on a weekly basis, with the asset having exploded by almost triple digits in the past seven days. This marks a significant increase from the start of the year, when the token was trading at around $1.50 a few weeks ago. Since then, it has seen a significant surge and reached a new all-time high (ATH) of over $2.90 on January 21.

The surge was mainly driven by an increase in trading volume on major exchanges, with APT recording a peak of over $603 million worth of trades in the past 24 hours. This has been complemented by a notable increase in the token’s market capitalization, which has grown from $182 million to now surpass $300 million.

The strong performance of the token is likely due to the fact that it has been listed on several exchanges in the past few weeks, including Binance, Huobi, and OKEx, which have all helped to drive up the demand for the asset. Additionally, the token has seen a lot of support from the Aptos project team, who have been actively promoting the coin on social media and other platforms.

Overall, it’s clear that Aptos has seen strong growth in the past few weeks, and indications are that this trend is likely to continue in the near future. With the token currently trading at its ATH, it will be interesting to see how much higher it can go in the coming weeks and months.