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Aptos Integrates With Chingari: Will This Drive up APT’s Price?

Published 23/07/2023, 08:40
Aptos Integrates With Chingari: Will This Drive up APT’s Price?
ETH/USD
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  • The number of active APT addresses reached 182,000 yesterday.
  • On-chain data shows that 94,000 new accounts were created in just the past 48 hours.
  • A technical pattern on APT’s daily chart suggested that a price breakout may be on the horizon.

On-chain data shows that the number of active Aptos (APT) accounts reached 182,000 yesterday, which is also the highest number of addresses since the APT airdrop. Furthermore, the number of new accounts over the past 2 days exceeded 94,000. This surge in new APT holders may be linked to the integration of Chingari – a popular social media app in India.

Daily active users and new accounts on Aptos (Source: aptscan)

Meanwhile, CoinMarketCap indicated that the altcoin’s price rose 0.74% over the past 24 hours. As a result, APT was changing hands at $7.68 at press time. The cryptocurrency also strengthened against the market leaders Bitcoin (BTC) and Ethereum (ETH) by 0.48% and 1.67% respectively. This meant that 1 APT was worth 0.0002567 BTC and 0.004097 ETH.

Daily chart for APT/USDT (Source: TradingView)

A symmetrical triangle on APT’s daily chart suggested that the altcoin’s price may experience a breakout …

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The post Aptos Integrates With Chingari: Will This Drive up APT’s Price? appeared first on Coin Edition.

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