{"id":429729,"date":"2023-08-14T14:13:21","date_gmt":"2023-08-14T14:13:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=429729"},"modified":"2023-08-14T14:13:21","modified_gmt":"2023-08-14T14:13:21","slug":"aptos-price-prediction-apt-crash-possible-while-analysts-turn-eyes-to-a-prominent-contender","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/aptos-price-prediction-apt-crash-possible-while-analysts-turn-eyes-to-a-prominent-contender","title":{"rendered":"Aptos Price Prediction: APT Crash Possible While Analysts Turn Eyes to a Prominent Contender"},"content":{"rendered":"

Multiple factors are responsible for the fluctuations and movements in <\/span>Aptos price<\/span><\/a>. For instance, The TVLs of prominent Layer 1 blockchain networks like Ethereum (ETH), BNB Chain (BNB), and Cardano (ADA) have recently declined. <\/span><\/p>\n

This trend could result from <\/span>Curve’s hack<\/span>, which raised concerns of a potential domino effect impacting the broader DeFi ecosystem. <\/span>Moreover, the global crypto market cap is down in the past 24 hours. Major coins such as BTC and many amongst the top 20 show price losses today, August 14. <\/span><\/p>\n

\n

Total Value Locked (TVL) in #Ethereum<\/a> DeFi has fallen by almost 8% since Sunday. The decline, likely triggered by the uncertainty following the #Curve<\/a> attack, represents a sharp decrease. To put this in context, the decrease amounts to $3.55B, with Curve's TVL on ETH comprising… pic.twitter.com\/lZXWwvBfWQ<\/a><\/p>\n

— IntoTheBlock (@intotheblock) August 1, 2023<\/a><\/p><\/blockquote>\n