Is there a big boom in APT Coin?
If you know why this coin goes up, please tell me here.
Let's discuss it together!!
If I must say the reason is no far from their current situation, check most of those coins that get a sharp pump drastically dropped few hours after the boom, if you talk about more stable coin movement then we can be sure of some little stability in their price growth and moving inline with other coins such as bitcoin so as the general cryptocurrency market make sharp market uptrend movement so will other altcoins who have usercase will increase.
-But any coin that have it's own parallel market pump will drop as sharp as the team cash out their gains.
Yes, aptos made a lot of noise because it rose so much when the rest of the market was falling. But that is easily explained. Most of the coins are held by a small number of people, and there is not much supply on the market. So once the holders sell their coins, the price will be the same as the rest.