It's been only one year since Aptos (APT) entered the market. However, it has generated significant attention, leaving novice and seasoned investors pondering, "What is Aptos crypto?" The Aptos project debuted in October 2023, with substantial price growth shortly after its public launch. Yet, this rapid price surge was followed by an equally significant decline, prompting crypto enthusiasts to question the viability of Aptos as an investment. Let's explore this further in our Aptos (APT) price prediction for 2023 and beyond. 

Before discussing APT crypto price prediction, let's clarify: What is Aptos crypto?

What is Aptos (APT) crypto?

Launched in October 2022, Aptos is a highly scalable blockchain developed by a team of ex-Diem engineers who joined forces to tackle the issues of reliability, security and user-friendliness that hinder the widespread adoption of blockchain solutions. Their objective is to create the world's most secure and market-ready blockchain, capable of facilitating the industry's shift to Web3. The Aptos blockchain has generated significant enthusiasm due to its distinctive background.

Aptos History

Aptos Labs is the organisation standing behind the Aptos project. Mo Shaikh and Avery Ching, the co-founders, currently lead a large team of programmers, engineers and strategists. Mo Shaikh previously held the position of Meta's Strategic Relationships Director from 2020 to 2021 and was also the creator and CEO of Meridio, a blockchain-based investment platform. Avery Ching, on the other hand, worked as the Principal Software Developer at Facebook and Meta for almost a decade, from 2011 to 2021. His main role involved designing and maintaining Meta's Diem blockchain.

Aptos (APT) Overview

APT is the native token of the Aptos project and has multiple uses within the platform. These include staking APT tokens to earn rewards, participating in platform governance through voting, using APT as collateral for borrowing other cryptocurrencies or stablecoins, and lending APT tokens to other users for interest. 

APT tokens can be bought and sold on cryptocurrency exchanges, enabling users to speculate on their value or trade it for other crypto or fiat currencies.

Aptos is a promising blockchain network with advanced capabilities, making it an attractive choice for developers and users. However, it's important to note that Aptos has a more centralised blockchain than others. Taking these factors into consideration, Aptos presents a moderate case for investment.

Aptos Blockchain White paper

According to the Aptos blockchain white paper, its vision is to create a blockchain that can bring widespread adoption to web3 and enable decentralised applications to solve real-world problems. Their mission is to advance blockchain reliability, safety and performance by providing a flexible architecture that supports frequent upgrades and new use cases. They envision a secure and scalable network governed and operated by the community. 

As infrastructure demands increase, the blockchain can scale to meet those needs. Developers and users will have access to various options for key recovery, data modelling, smart contract standards, privacy, and more. The goal is to make blockchain as commonplace as cloud infrastructure. Aptos has built upon its experiences with the Diem blockchain to develop the Aptos blockchain, which allows for seamless upgrades without disrupting users. They have made significant technological advancements, including novel transaction processing methods and innovative decentralisation and network governance approaches.

Aptos Partnerships

Aptos has partnered with MoonPay, NPIXEL, and Google Cloud to enhance its services and offerings. The collaboration between Aptos and MoonPay resulted in the Petra wallet's creation. This innovative wallet allows users to conveniently join the Aptos network by making payments through popular platforms like Apple Pay, Google Pay, and major credit and debit cards.

Aptos has joined forces with NPIXEL, a highly reputable gaming studio based in Korea. NPIXEL, known for its impressive game titles such as Gran Saga and Chrono Odyssey, is now powered by the reliable Aptos network for its metaverse project, Metapixel.

Furthermore, Aptos and Google Cloud have supported web3 builders and startups. Their goal is to enhance the web3 experience, making it more relevant and seamless for users.

APT Benefits

The Aptos project network utilises the Move language to ensure fast and secure transaction execution. It offers flexible key management, transaction pre-execution and advanced security features for a safe user experience. Aptos achieves high throughput and low latency through its parallel and modular transaction processing pipeline.

Aptos stands out with its support for atomicity, enabling complex transactions and instant upgrades through on-chain change management protocols. The network also provides transaction pre-execution and replay protection to safeguard against potential security threats.

With support for tokenised securities like shares, bonds and real estate, Aptos enhances the accessibility and liquidity of these assets. It also facilitates efficient management of tokenised assets, including voting rights, dividends and other corporate actions.

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Aptos (APT) Price Analysis

At the time of writing this Aptos (APT) crypto prediction on 17 October 2023, the token's price was $5.04, with a daily trading volume of $99,553,954. The crypto ranked #36 on CoinMarketCap, with the Aptos market cap of $1,234,370,272, a circulating supply of 245,050,881 APT tokens, and a total supply of 1,060,569,840 APT. 

APT crypto price statistics (as of 17/10/23)

Aptos (APT) price history

Now, let's examine the APT crypto price history. While it's important to note that past performance doesn't guarantee future results, understanding its journey since its release can provide valuable context for interpreting or making Aptos price predictions.

APT entered the market on 19 October 2022 with an initial value of $13.73. However, it quickly declined to a low of just under $6.69 a few hours later before gradually recovering to around $7.90 in the early afternoon. By lunchtime on 21 October, it was trading at approximately $7.10.

During this period, there were reports of the system's Discord being muted as a precaution against scams, which may have contributed to its initial poor performance. Nonetheless, APT rallied and peaked at $10.25 on 23 October. It then fluctuated around the $7.00 mark for the next few weeks.

However, the collapse of the FTX (FTT) exchange had a negative impact on the market, causing APT to plummet to an all-time low of $3.60 on 9 November 2022. Towards the end of the month, the news that Aptos Blockchain was involved in the Web3 Recovery Initiative program alongside Binance (BNB) led to a price increase, closing the month at $4.78.

APT's value remained relatively stable before dropping to $3.09 on 29 December 2022 and ending the year at $3.45. The start of the New Year brought a rally in the crypto market, and by 10 January 2023, APT value reached its highest price in two months at around $5.80. 

The positive market sentiment continued to drive the price of APT higher, ultimately reaching a peak of $19.90 on 30 January. However, it later declined to a low of $9.77 following the collapse of Silvergate Bank on 10 March. It then recovered to trade at approximately $12.30 on 17 April 2023.

THETA/USDT price chart

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APT technical analysis

Based on data from 17 October 2023, the overall sentiment for Aptos price prediction is neutral. Technical analysis indicators show 14 bullish signals and 14 bearish signals. According to these indicators, Aptos's 200-day SMA is expected to decrease and reach $7.08 by 15 November 2023. The short-term 50-day SMA is projected to reach $5.14 by the same date.

As of 17 October 2023, the RSI value is 28.40, indicating an oversold position in the APT market. The RSI indicator suggests a decrease in the price of APT.

Price of Aptos (APT) in 2023

Based on the data gathered when writing this APT price prediction on 17 October 2023, APT has shown a steady upward trend during the past 7 days. However, over the past month, the price of Aptos has decreased significantly by 60.777%, erasing an average value of $7.80. This decline suggests the token is experiencing a dip, which may be advantageous for quick investment.

Looking at the 90-day price change, the Aptos value has experienced a decline of 72.52%. The price has fluctuated between a minimum average of $12.26 and a maximum average of $18.69 during this period.

In the past 4 months, Aptos has grown, indicating its popularity in specific market segments. The latest data also shows an increase in trading volume for Aptos over this period, highlighting its significance in determining the token's price.

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Aptos (APT) price prediction for 2023-2050

Now, let's examine several Aptos crypto price predictions. Remember that price forecasts, particularly for cryptocurrency, need to be corrected. Additionally, long-term crypto price predictions are algorithm-based and subject to modification.

WalletInvestor Aptos (APT) price prediction for 2023, 2025, 2030, 2040 and 2050

WalletInvestor has a negative outlook on the Aptos (APT) future price. They predict the token could reach $4.428 by the end of 2023. $1.50 is an average APT crypto price prediction for 2025. In 2028, the price of Aptos crypto will average $1.00.

CoinCodex Aptos (APT) crypto price prediction for 2023, 2025 and 2030

According to CoinCodex's Aptos (APT) price prediction, the price of Aptos is expected to decrease by 7.13% and reach $4.69 by 21 October 2023. In 2024, the price is projected to reach as high as $11.49. For 2025, the prediction ranges from $9.74 to $38.97. And for 2030, the prediction varies from $28.17 to $35.66.

CryptoPredictions Aptos crypto prediction for 2023, 2025 and 2030

CryptoPredictions made the APT forecast, predicting that it could drop to $4.929 by the end of 2023 and grow to $5.658 in 2024. They also projected that by the end of 2025, Aptos could be valued at around $6.307. Additionally, the website suggested that Aptos (APT) price will hardly surpass the $10 mark and trade at approximately $8.847 in 2027.

DigitalCoinPrice Aptos crypto prediction for 2023, 2025 and 2030

According to DigitalCoinPrice's APT crypto prediction, the Aptos token can reach $25.66 this year, $29.16 by 2024, and $42.30 by 2025. The Aptos (APT) price prediction also suggests that by the end of the decade, APT could close at $91.37. The site predicts that in 2030, the Aptos token may trade at $126.95, with a potential increase to $175.55 in 2031.

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Aptos (APT) future forecast in general

Aptos (APT) presents a mixed bag of predictions for its future. 

According to WalletInvestor's APT crypto prediction, the outlook seems pessimistic, with a projected price of $4.428 by the end of 2023. CoinCodex, on the other hand, expects a decrease in 2023 followed by a potential high of $11.49 in 2024, while CryptoPredictions' Aptos crypto prediction suggests a range from $4.929 in 2023 to approximately $8.847 in 2027. DigitalCoinPrice offers a more optimistic perspective, with APT forecasts ranging from $25.66 in 2023 to a potential price of $175.55 in 2031. 

As with any cryptocurrency, it's essential to consider multiple sources and do your research when making investment decisions.

How high can APT go?

The future price of Aptos (APT) is subject to varying predictions. According to the available APT forecasts, the price could reach anywhere from around $4.428 by the end of 2023 (as per WalletInvestor) to as high as $175.55 in 2031 (per DigitalCoinPrice).

APT price prediction today

As of 17 October 2023, the APT price prediction today is in the $4.027 to $5.922 price range. 

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