Aptos Token Plummets 40% After APT Airdrop for ‘Early Network Participants’

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The newly-launched Aptos token (APT) is down 40.5% on its first day of trading, according to data from crypto price aggregator CoinGecko.

The native token for the so-called “Solana-killer” currently trades at $8.06, after dropping more than a third of its value since the platform captured the first trade at $13.73.

There are currently big disparities between numbers on different aggregators. CoinGecko competitor CoinMarketCap, for instance, records minor intraday losses so far of 3.5%.

The reason for the big difference is simple: CoinMarketCap captured the first trade at $8.55, nearly 40% lower than CoinGecko’s starting value.

Nomics, on the other hand, records a price increase of over 100%… Click here to read more