Aptos seems over priced
APT (Aptos) from the very beginning of It's launch had controversy.
1. Tokonomics: About 80% of total token are holded by the developers, angle investors and founders of it.
That's means they have the power to make movement with this token
2. Transaction rate was totally a lie. They just told a number out of no where.
3. According to CoinGecko, token prices soared when the APT token debuted, reaching a peak of $13.73.
But as expected by the community and analysts, APT has already dropped by approximately 50% to $7.46 at the time of writing.
1. Tokonomics: About 80% of total token are holded by the developers, angle investors and founders of it.
That's means they have the power to make movement with this token
2. Transaction rate was totally a lie. They just told a number out of no where.
3. According to CoinGecko, token prices soared when the APT token debuted, reaching a peak of $13.73.
But as expected by the community and analysts, APT has already dropped by approximately 50% to $7.46 at the time of writing.
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