APT Plunges 86% From Year-Ago Levels as $1.8B Token Unlock Looms
Aptos’ APT token has plummeted 86% from last year’s highs, currently trading at $1.91 ahead of a $1.8 billion token unlock. Technical indicators signal oversold conditions, raising hopes for a potential relief bounce. The launch of Paxos stablecoin on Aptos network provides some institutional support amidst the weakness.