Aptos Price Prediction (APT) • 2023 to 2030! • Benzinga
One of the most difficult problems facing crypto investors is distinguishing great projects from doomed ones. A handful of projects received hype, but not all of them were successful. Aptos is a very successful project. It threatens some of the biggest players in the crypto industry and has a strong development team. However, these attributes do not mean that its success is guaranteed. Let’s look at the possible future of Aptos (APT).
What is Aptos (APT)?
Aptos is a layer 1 blockchain similar to blockchains like Solana and Ethereum. It uses a Proof of Stake (PoS) consensus mechanism. However, the Aptos blockchain uses a parallel execution model to generate better throughput and transaction speeds than its competitors. It can process up to 10,000 times more transactions per second than Ethereum.
One of the main selling points of the channel is that it is created by Meta developers who based the channel language on Rust, a popular coding language. The language is called Move and is meant to provide a smaller learning curve for developers already familiar with Rust. It also has advantages over Ethereum’s language in that it can be verified more easily.
Aptos has received funding from various major players in the crypto industry, such as Sam Bankman-Fried, FTX, and Binance. In September 2022, it received a valuation of $4 billion.
Aptos (APT) Market Position
At the start of 2023, APT is trading for around $15, with a market capitalization of just under $3 billion. The token’s record price was $19.86 on January 26, 2023. The record market capitalization was just over $3 billion on the same day. Some of the main competitors of Aptos are Ethereum and Solana.
Julian Lehmann’s long-term bullish Aptos (APT) price prediction
Julian Lehmann is a contributing author for Captain Altcoin, a crypto news and opinion site. He sees the token appreciating by around 25% to reach $21.14 by the end of 2023 and over $100 by 2030.
To justify its pricing targets, it talks about potential and existing use cases, as well as the tokenomics and community surrounding the project. He explains that investing in the token comes with risks, but strong management and development teams can help reduce some of those risks.
Unnimaya Aptos (APT) Long Term Bearish Price Prediction
Unnimaya has a degree in journalism and writes for TheNewsCrypto, a popular crypto publication. She sees the price of APT reaching strong resistance points in 2023 and eventually depreciating.
She thinks the two main points of resistance will be around $16 and $20. She predicts that the price will fall from these points, reaching potential lows of $5.53 in 2023. Along with resistance, she also mentions other technical indicators, such as the 50-day moving average (MA) , the average directional index (ADX) and the relative strength index (RSI). She explains that each of these technical indicators also indicates potential price depreciation.
Aptos (APT) Price Predictions for 2020s
Over the past two years, several financial news publications have started using artificial intelligence (AI) to generate 10+ year cryptocurrency price predictions. While these forecasts should be taken with a grain of salt, they may demonstrate a range of achievable outcomes or show what the general market consensus looks like.
Aptos (APT) Price Prediction 2023
In 2023, many AI-generated forecasts see the price of APT appreciate. PricePrediciton.net sees APT reaching an average price of $22.30, and GOBankingRates predicts the price to be between $26 and $31. However, these forecasts may be far from the actual price in 2023.
Aptos (APT) Price Prediction 2024
Crypto Predictions sets a price target of $30 for the end of 2024. The price of digital coins is even more bullish, with an average prediction of over $35.
Aptos (APT) Price Prediction 2025
For 2025, many forecasts are beginning to deviate towards a wider range of possible outcomes. For example, PricePrediction.net has an average prediction of $46.74, while Changelly has an average price target of almost $60.
Aptos (APT) Price Prediction 2026
PricePrediction.net sees APT reaching an average price of $67.91 in 2026. CryptoPredictions does not see the price appreciate as much as PricePrediction.net, but still has an average price of $36.76.
Aptos (APT) Price Prediction 2027
AMB Crypto is a little less bullish, with an average forecast of $33.28 in 2027. This price level contrasts with Changelly, which has an average price of $123.81.
Aptos (APT) Price Prediction 2030
Forecasts for 2030 show the highest degree of variability. At the high end, GOBankingRates sees the price appreciating above $475. At the low end, AMB Crypto has pegged an average price of $57.93 for 2030. However, none of the AI forecasts consider the possibility of the token depreciating in the long term.
Where to buy Aptos (APT)
Aptos is available on some of the best exchanges available: OKX, Binance (or Binance.US for US users) and Crypto.com. To get started, create an account using an email and password. Verify your account using some basic personal information. Once you have a verified account, you can fund it by connecting a bank account and purchasing APT.
How long will it take Aptos (APT) to reach $50?
A price target that many APT investors have set is $50. This price would represent an increase of approximately 230% over current prices. For this price target to be met, many speculators are heavily emphasizing Aptos’ ability to create a usable Layer 1 solution that can compete with some of the biggest players in the industry.
While many AI price predictions see the APT price reaching $50, a catalyst may be needed to drive the price even higher. An example of potential catalysts could be celebrity endorsements, an influx of new users, or a rally in the crypto market. It is important to consider the likelihood of these potential catalysts occurring when deciding whether you believe APT will hit $50 or not.
Where to Store Aptos (APT) Safely
Best Hardware Wallet: Ledger
Hardware wallets are physical devices that store the keys needed to send crypto and are considered the most secure way to store crypto. Ledger offers the Nano S Plus and Nano X models, with the Ledger Stax up for pre-order. The Nano S Plus is the entry-level hardware wallet offering, with all the features needed to keep your crypto secure. The Nano X supports greater ease of use, with Bluetooth connectivity and a larger screen. Ledger wallets support over 1,800 different cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, Ripple, and all ERC-20 tokens (like Aptos).
Best Software Wallet: Coinbase Wallet
Software wallets store private keys online. Most software wallets are Chrome programs or extensions. Software wallets provide quick and easy access to Web3 applications and projects.
If you are looking for a quick and easy way to get APT, Coinbase Wallet is probably the answer. It has a smooth interface and supports hundreds of tokens.
Bonus section: Keep an eye out for new Aptos use cases, which could attract new users and increase the demand for APT.
Current Crypto Prices
While 2022 has been a tough year for cryptocurrency, a slight price spike since the start of 2023 has brought hope. Many coins are bouncing back from lows and the markets could be heading in a positive direction.
If you want to see where your favorite tokens are at, be sure to check out Benzinga’s up-to-date price chart.
So, is Aptos (APT) a good investment?
Aptos has a strong development team and the technology could be promising. However, many attempts to create a better layer 1 than Ethereum have been developed or are underway, and very few have succeeded in gaining market share. If you think Aptos has the power to be better than Ethereum and gain users, it can be a good investment.