AI Summary
The video discusses Aptos, a new layer-1 blockchain, its recent listing, token price performance, and future prospects. The speaker shares personal trading experience and provides a price forecast, suggesting a potential rebound to $8-10.
Chapters
Frol introduces Aptos as a new blockchain with opportunities for earning through applications, games, and more, aiming to shake up the market.
Aptos is positioned as a layer-1 blockchain similar to Ethereum, Solana, and others, recently listed with a market cap of around $4 billion.
There was significant hype with many accounts created for airdrops and node setups, leading to price volatility and some traders experiencing losses.
The price fell sharply from $10 to $6-8; the speaker lost $500-600 due to incorrect expectations about futures introduction.
The speaker expects the price to target $8-10 in the near term, considering current hype and selling pressure from airdrop recipients.
Basic instructions for using Metamask with Aptos are given, with a promise of a more detailed wallet video next.
Aptos remains a hyped blockchain with potential, but recent price volatility suggests caution. The speaker anticipates a recovery to the $8-10 range.
Mentioned in this Video
Study Flashcards (5)
What type of blockchain is Aptos?
easy
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What type of blockchain is Aptos?
Aptos is a layer-1 blockchain like Ethereum and Solana.
01:08
What is Aptos's approximate market cap mentioned?
easy
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What is Aptos's approximate market cap mentioned?
Around $4 billion.
01:23
What price range did Aptos fall to after its initial listing?
medium
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What price range did Aptos fall to after its initial listing?
$6 to $8.
02:34
What was the speaker's personal loss on the Aptos listing?
medium
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What was the speaker's personal loss on the Aptos listing?
$500 to $600.
02:47
What is the speaker's price target for Aptos in the near term?
medium
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What is the speaker's price target for Aptos in the near term?
$8 to $10.
03:12
💡 Key Takeaways
Aptos is a Layer-1 Blockchain
Defines Aptos's position in the crypto ecosystem, comparable to major blockchains.
01:08Sharp Price Drop After Listing
Illustrates the volatility and the impact of futures and airdrop selling pressure.
02:34Price Forecast to $8-10
Key takeaway for traders looking for entry points based on expected fair price.
03:00Full Transcript
[00:02] me, Frol, with you again, and today we will talk about autos. We had a video about this, there was a post on the channel. Yes, you are Nafti gamers. Well, there was more of this in general, then there was no information on listings for everything else on the
[00:16] listing. Unfortunately, I didn't have time to make a video either. But now become some kind of new gene Mega blockchain with a huge number of opportunities for earning applications, games and everything else that can
[00:30] really rock the market there. Well, in short, somehow rock this whole Movement of ours or at least make it interesting for the next few months. And God willing, even years, today we will talk a little more in general, we will have a
[00:43] will talk a little more in general, we will have a series of such videos on experience, what to do, where to do it, so that if suddenly for the first time on the channel, be sure to Don't forget to subscribe, like this video, then the videos will come out
[00:56] faster. I will try to cover all the main points, here is a series of several videos, actually, on this. For now, everyone has gone to the video, which means if without water in
[01:08] two In other words, we have a layer 1 blockchain like Ethereum like Solano like R&D. Which was blockchain like Ethereum like Solano like R&D. Which was recently listed, it was listed quite well, then of course I'll ask it. That is, when it is, that is,
[01:23] huge, well-known blockchains. That is, it costs around 10 dollars, its capitalization is around 4 billion, this is actually not a billion, this is actually not a lot, but it is not enough. Yes, it
[01:36] will somehow easily grow from this and we will talk about a specific price a little later. For now, we can say that there was crazy hype, a lot of people are now suffering from Thomas because you could set up nodes, you could
[01:49] simply register in it, log in, there is minimally something to go through, just enter something like Vasili. Just enter something like login, sometimes register because of this, they poured in about a thousand dollars, it could be a million accounts. Yes, naturally, no one knew about this.
[02:02] Now half of the cryptocurrencies are simply dying from Thomas, someone there is swimming in money. I think some few, the majority are dying from Thomas, and Aptos is still majority are dying from Thomas, and Aptos is still gaining It's gaining hype and
[02:16] this hype is simply crazy and can inflate to unprecedented levels. So, in a nutshell, inflate to unprecedented levels. So, in a nutshell,
[02:34] regarding the token price, we won't talk specifically about NFC and wallets until today. Yes, we'll leave all this for the next video. Today, it will be a little higher in general, accordingly. Yes, regarding the Token price now, it's somewhere around 75, it fell sharply to 6-8. In fact, representatives said that they asked the exchange not to introduce futures right away. Yes, because it's very hard to push the price backwards. That's what actually
[02:47] because it's very hard to push the price backwards. That's what actually happened to me. By the way, I probably lost about 500-600 dollars on the listing because I was sure that there, well, let's say, it definitely won't go below 8 at all. In any case, it has a
[03:00] range of 8-10, it will bounce back, but it turned out almost the opposite, now the price is 75. It seems to me that in the near future, yes, there, the average term can be chosen there to target
[03:12] 8-10 because this is more like its fair price, especially with such hype and especially when now everyone is there with Airdrops. Those who set up nodes. In short, Some freeloaders have a lot of tokens. In short, they all gave up their tokens after the sale, and
[03:26] this pressure on the price has long since passed. Personally, only now, practically every exchange has futures for it. Yes, we'll have a video about wallets next. Well, send your wallet as
[03:40] usual, just like on Metamax. Go to the exchange, go to the wallet section, enter the token, enter, withdraw, place it on the network, and then deposit it into your wallet. We'll talk about this in more detail in the next video. Don't
[03:56] forget to subscribe to the channel and like this video. See you soon.
