#BAG $APT
Sold APTOS $APT, there was growth, but I expected more.
Either the market maker was covering the demand of new buyers (i.e., selling)
Or people suddenly got smarter and started thinking for themselves (which is unlikely)
I'm also concerned by the coin's chart; the rise was rapid, in a short period, and the fall was smooth (potential distribution of the coin at a discount) - we remember the Aptos hype in Korea a year ago.
If that rise from $3 to $19 was just an attempt to "offload passengers, margin traders," then the fall would have been just as sharp and quick, not lasting 80 days.
A Market Cap of $3.2 billion is not small, considering that 19% of tokens are unlocked for investors, it doesn't make much sense to spend millions on another pump now, when they've given the crowd a chance to buy.
The project team and funds might change the game rules, unlock tokens earlier than scheduled, there are plenty of such cases. In short, a pump here and now (I mean hundreds of percent of profit) is unlikely.
Maybe I'm wrong, then what are the arguments FOR growth?
Post #180
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