Quote from: fzkto on Today at 02:50:20 PM

Quote from: Wiwo on January 28, 2023, 06:07:45 PM

Quote from: fzkto on January 28, 2023, 10:07:35 AM

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.

We have to be weary of any coin that have a sharp pump and much noise, there are high likelihood that their will not last long in sustaining their price and market volume, this have been the characteristic of most altcoins in the market and as we can see from a few of those that have collapse in their price after pumping high in their price.
-What we should look out for from altcion as an investment is the user case of the coin and what utility service they provide in real life.
-what the liquidity of the coin is and how to have their track records of previous market behaviour.

I thought all altcoins were useless trash and not useful in this world. Well maybe except for some coins like ETH or XMR. Many people call Aptos the new Solana, but sol turned out to be just as worthless as old projects like EOS. So the point of altcoins is to hype and pump. I think the fate of Aptos will be exactly the same as that of many other shitcoins.

Only time will tell. But with altcoins it is about risk/reward, if Aptos is going to be in the top 10 the quality ecosystem projects will gain a LOT of traction.