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What is Aptos?

Aptos (APT) utilizes key elements of the former "Diem blockchain", a Rust-based programming language independently developed by Meta (formally Facebook). The token launched on October 19th, 2022. A lot of people were highly anticipating its upcoming token launch because of its revolutionary infrastructure that might just surpass all other existing layer-one protocols. The company behind "APT" is Aptos Labs. The company claims that the network will be able to process over 130k transactions per second using its parallel execution engine, which also results in low transaction costs for users. You can safely and reliably buy, sell and store Aptos at LiteBit.

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Aptos: Why is the price skyrocketing to an all-time high?

Jan 25, 2023

Bull markets are easy. Every crypto asset is in the green and the investment thesis becomes closely connected to the overall sentiment and narratives. However, things are different in a bear market, with one exception. Aptos reached an all-time high in January and went on into price discovery later. While every other crypto is recovering from crushing losses, Aptos is pumping.

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