23/01/2023 Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest

NFT markets on Aptos are seeing growth among Crypto Twitter community users.

Aptos (Danny Nelson/CoinDesk)

An Aptos-branded hat. (Danny Nelson/CoinDesk)

Layer 1 blockchain Aptos’ APT tokens is up 250% in just 14 days even as the broader crypto market grapples with bankruptcies, lawsuits and a decline in overall sentiment.

Solana and Bitcoin NFT trading hits record numbers
Yuga Labs restructures, NFT prices grow: what’s next for the market?
Crypto Pioneer Quigley Sees NFTs Everywhere in Next 10 Years

The tokens command a market capitalization of over $2.3 billion on Monday, making Aptos the 30th-most valued network based on current token supply, and have a fully diluted valuation of $14 billion based on their total supply.

Prices trade just shy of $14 on Monday, up from last week’s $7 and over 300% from November’s $3 lows, perCoinDesk data. The move was primarily led by spot tokens, as APT futures markets remained relatively muted.

NFT markets on Aptos appear to have contributed to that growth. Data from Aptos NFT marketplace Topazshowcollections such as Aptomingos – a set of comic flamingos – and Aptos Monkeys attracted tens of thousands in trading volume in the past 24 hours, with the minimum prices of several NFT projects rising in the past week.

Some popular traders on Crypto Twitter expectinterest in Aptos NFTsto surge in the coming days. Flipping NFTs – a term for quick buying and selling of an asset – built on the network have steadily become trendy among opportunistic traders,several tweetsby various community members suggest.

You're about to see a bunch of Aptos NFTs flood the market over the next few days/weeks imo.

Where there's a massive pump, there's [sudden] massive interest and innovation.

It's all genuine and we're all here for the uhhh tech.

— Loma (@LomahCrypto)January 22, 2023

The Aptos mainnet was launched on Oct.18 to reasonable scrutiny andtechnical difficulties. Some criticized the way APT tokens were distributed: Investors and the Aptos Foundation received almost half the 1 billion tokens issued, leading to concerns that investors and the foundation could potentially liquidate their tokens, which would trigger a negative market reaction.

The team, on its part, defended the token distributions citing adequate lock-up periods put in place to prevent any large investor from dumping thier holdings en masse. "Our goal when we designed the tokenomics was to create something that fairly represents the community," Aptos CEO Mo Shaikh told CoinDesk in an interview.

"If you look at our tokenomics distribution, we have among the lowest across any blockchain for investors. ... It's among the most fair that we have seen even compared to other projects,” Shaikh claimed at the time.

Arts

https://www.coindesk.com/markets/2023/01/23/aptos-token-prices-double-in-two-weeks-amid-strong-nft-interest/

Interesting NFTs
#15360
By OthersideDeployer
My Other Half | Inspired by Minecraft: The Last Minecart (2011)
Almost every year, we capture ourselves in a way that no photo or video is capable of: with a photoscan. If you dig through our archives, you'll find many of them and can see exactly how we change over time. Sam Gorski, Creator | I wanted to find the oldest scan of myself and put him side-by-side with Sam from the present. While it is hard to look at it and not miss the years past, at the same time, this gives me hope for the future by embracing and cherishing the change in my life. How would I have gotten this far without him? About This Piece | Sam on the left was captured in 2014, while Sam on the right was captured last week (2021). This work represents the personal, creative, and emotional journey in all of us, and the hope that ourselves tomorrow may be better than ourselves today.
X*Y=K
･゜ﾟ･:.｡..｡.:*･'(ﾟ▽ﾟ)'･*:.｡. .｡.:*･゜ﾟ･* for more info see https://tinyurl.com/56unnr39
Cerulian Topaz Jaguar Blood
Shalom! I'm Cerulian Topaz Jaguar Blood. I've never told anyone this, but I once pawed at a dog. It wasn't heavily publicized, but I once had a brief relationship with Puss in Boots. This will be an amewsing friendship.
Auto-Erotic Sphinx with Toys
In this image, a giant sphinx spoons itself in erotic play within an aquatic styled environment littered by various denizens. These creatures include symbols and archetypes both current and nostalgic–each inhabiting a rootedness within mass cultural adolescence. Among the roster are Servbots, video game inspired mushrooms, a Pacman-like creature, a distant sea faring rubber duck, creatures sporting the symbols reminiscent of popular anime, and a Pokemon-like rabbit (a novel incarnation of Ganesha indicated by the Shiva trident on its nose). In addition, a few sea creatures partly inspired by sea monsters of western antiquity conglomerate along the mid left side of the composition. The Sphinx itself is an amalgam of aquatic, fetishist, ancient Egyptian, and 80’s style adornments, both living, as in a clown fish, or material, such as a cassette tape. Nautically colored antennae receive somatic signals from the atmosphere, perhaps from the 8 Ball moon or giant ringed planet beyond.