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HomeCrypto NewsMarketAptos Transactions Jumps Over 3,500%, Experts Explain Reasons Behind Surge

Aptos Transactions Jumps Over 3,500%, Experts Explain Reasons Behind Surge

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Aptos (APT) recently saw a staggering 3,570% change in daily transactions. It just reached 51.6 million on August 13. This happened thanks, in part, to the launch of Tapos 2, but experts believe that there is more to it.

Our article would be essential for crypto enthusiasts seeking to understand the hidden factors driving this growth and its future implications for both Aptos (APT) and the altcoin market.

Aptos (APT): Transactions Skyrocket 3,570% – What’s the Story?

Aptos (APT) recently experienced a remarkable 3,570% surge in transaction volume, reaching 51.6 million transactions on August 13, driven by the launch of the click-to-earn blockchain game, Tapos 2. This surge mirrors the impact of the original Tapos, which previously boosted Aptos (APT) to its highest daily transaction volume of 115.4 million. Currently, Aptos (APT) ranks among the top three Layer-1 networks in terms of transaction volume. This highlights its increasing prominence in the blockchain space.

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APT USD Kraken
APT USD Kraken

In response to the surge, Aptos (APT) token price rose from $6.59 to $6.95, a +25% change over the past week. As the token approaches key technical levels—the 20-day EMA at $6.04 and the 50-day SMA at $6.45—the price could either break through resistance at $7.65 and $8.87, potentially reaching $9.06, or struggle to sustain momentum. Support is expected around $5.21 if a correction occurs.

Despite a positive MACD crossover indicating bullish momentum, the Chaikin Money Flow (CMF) shows bearish divergence, suggesting weakening buying pressure. Solana (SOL) is facing a somewhat similar situation with its recent moves. Aptos (APT) faces a critical period ahead to determine if it can maintain its upward trend or experience a pullback.

Minotaurus (MTAUR): Presale Growth to Combat Uncertainty

Since Aptos (APT) is nearing key technical levels, the situation is uncertain. While it is close to or already facing potential volatility, selecting a presale like Minotaurus (MTAUR) can be a compelling, potentially stabilizing pick. Positioned for substantial growth and priced attractively at $0.0000533 per coin, Minotaurus (MTAUR) could quickly capitalize on the current market momentum and elevated interest.

In its current state, Minotaurus (MTAUR) is showing great promise with its hybrid casual gameplay. It’s combining blockchain technology with engaging maze-running adventures. The presale has garnered interest from both gamers and crypto enthusiasts already. As Minotaurus (MTAUR) receives more and more attention,  it’s predicted to experience significant growth, even beyond the projected ~x4 upon listing at $0.0002.

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Minotaurus Big Bull
Minotaurus Big Bull

Beyond its in-game utility for character customization and access to exclusive zones, $MTAUR tokens provide holders with referral and vesting incentives, and balanced tokenomics aimed at long-term stability. The project employs cutting-edge AI tools to enhance both security and gameplay experiences, creating a smarter and more responsive gaming environment. As we can see with Aptos (APT), a solid game can make all the difference.

Finally, Minotaurus (MTAUR) offers safety with a smart contract approved by SolidProof and Coinsult, giving holders peace of mind. With the presale progressing rapidly, it is on track to become a notable player in blockchain gaming.

Conclusion

APT shows impressive moves, but there is potential volatility. MTAUR, on the other hand, seems ready to develop steadily. Currently priced at just $0.0000533, it’s ready to enter the multi-billion casual gaming niche, projected to grow by 9% yearly by Statista. The presale is well-positioned to capitalize on current market trends as well.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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