8/9/2023 0 Comments Aptos landscape supplyThis outstanding crypto market performance has revealed the market’s full expectation of the Fed’s behavior so the rise of interest rate reinforced confidence in crypto as a safe haven asset.įrom the data perspective, the NFT market last week was monotonous. Within three days of the Fed announcing the raise in interest rates, the market has rebounded back to its original position, with even a small-scale increase. Terra Classic (LUNC) and Green Satoshi Token (GST, the one on SOL chain) are currently priced at U$0.0001004 and US$0.05807 respectively. Meanwhile, Ethereum (ETH), the second largest cryptocurrency, has also risen with BTC and is currently trading at US$1,723. While most of tokens this week took a hit from the interest rate rise from the Fed, market expectations allowed the market to rebound quickly. Bitcoin (BTC), while remaining steady at around 41% of market share, has risen above US$23,000 over the week. The global cryptocurrency market cap is currently standing at around US$1.079 trillion. Finally, we also analyze some projects currently under development on the Aptos devnet. We analyze the performance of Aptos, the programming language Move, and do performance comparison with other public chains. Although the mainnet has yet to be launched, Aptos has attracted many developers. Project Analysis: Aptos has attracted a lot of attention thanks to its massive funding round and star investor lineup. This week, we focus on the following events: 1) Facebook parent Meta loses US$2.8 billion on Metaverse division in Q2 2) Cybersecurity protocol Naoris Raises US$11.5M to build decentralized Proof-of-Security consensus mechanism 3) UK Law Commission sees crypto as a new type of property Aptos - A new layer 1 blockchain with excellent performance, team, and investors Authored by Derrick Chen, Kou Jer Shun, Lyu Wenze, Researchers at Huobi Research Institute
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |