While Aptos Price Explodes, These 3 Coins Might 10x

cryptonews.com:

The aptos price has dropped by 2% in the past 24 hours, falling to $13.12 today after a very strong weekend for the layer-one token. Its current price represents a healthy 61% gain in a week and an astonishing 250% jump in the last 30-days, making APT the best-performing top-100 coin over these periods.

However, as strong as APT's performance has been over the previous few weeks, it may not necessarily end up becoming the or one of the best-performing tokens of the year. This accolade could go to a variety of new altcoins, which are currently holding their respective presales and which could post very big gains once they list, given their promising fundamentals.

APT's chart illustrates the extent to which the new altcoin has really taken off in the past few weeks. Most notably, its 30-day moving average (red) has absolutely eclipsed its 200-day (blue), providing another depiction of the now-obvious fact that APT has enjoyed a big breakout rally.

The thing is, with its 30-day average now so high, it's possible that it may be about to experience a much-needed correction. This suspicion is reinforced by its relative strength index (purple), which from touch 90 has steadily fallen towards 50, and may drop further.

Regardless of the timing of APT's inevitable comedown, it arguably remains a strong altcoin in terms of its fundamentals. Born out of Meta's doomed digital currency project (it uses the same Move programming language), it was launched in October 2022, when it reached an all-time high of $13.73.

Given the pedigree behind the project, and given that Aptos has raised hundreds of millions of dollars in venture capital, many investors are banking on its long-term success. In theory, the Move language makes Aptos highly