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Cryptocurrency News Articles

Aptos (APT) crypto is down 3.5% overnight as a $56 million token unlock takes place later today.

Jun 12, 2025 at 06:08 pm

Aptos (APT) is down 3.5% overnight as a $56 million token unlock takes place later today. It comes at a bad time for APT crypto

Aptos (APT) crypto is down 3.5% overnight as a $56 million token unlock takes place later today.

Aptos (APT) is down 3.5% overnight as a $56 million token unlock takes place later today. It comes at a bad time for APT crypto with the Layer-1 protocol struggling to break out of a year-long downtrend.

As Aptos continues to slide, what is the best crypto to buy right now?

One of the many crypto projects that have significant token unlocks is Aptos.

Today’s unlock will see 1% of the supply released to investors, core contributors, the foundation, and the community.

#Aptos $APT is up more than 3% in the last 24 hours and 5.3% over the past week, but it remains down 13% in the last 30 days. The move comes just ahead of a $59 million token unlock scheduled for tomorrow, which could introduce short-term volatility.

🌐🌐@AveryChing pic.twitter.com/VmyjXxWW1Z

— PRC$🌐 (@ElumEmmanuel3) June 12, 2025

Aptp Down 38% On The Year: Constant Token Unlocks Holding APT Back?

Token unlocks are plaguing many large-cap crypto projects right now, with Aptos being a prime example.

Every month until 2027, APT crypto unlocks 1% of its supply, making Aptos inflationary for the foreseeable future.

The sentiment around large token unlocks is evidenced with it down by 38% since this time last year. 12% down in the past month and -4% on the day, marking a year-long downtrend for Aptos.

Aptos recently fell out of the top 10 chains by Total Value Locked (TVL) according toDefiLlama. Aptos has $1.1 billion in TVL, with just $153 million in 24h DEX volume.

There are many within the APT crypto community that believe a mega-reversal is close for Aptos. APT did briefly test the $4.78 support zone and bounced to its current level of $4.95 and if this level can hold there may yet be hope for Aptos investors.

The current trendline sits at around $5.08 and if APT can break through this, a rally towards $8 could be on the cards in the short-term. $8 would also signal Aptos hitting its next significant resistance level, with a sizeable sell-wall on the CEX orderbooks.

If the market conditions line up for APT crypto and Bitcoin is hitting fresh all-time highs, Aptos could blast through the sell-wall at $8 and begin its run back toward its Jan 2023 high of $19.50.

Aptos is still 75% down from that all-time high, and many are hoping buyers can step in to offset the token unlocks.

With the risk attached to a project struggling to break out of a year-long downtrend coupled with token unlocks, many investors are wondering what is the best crypto to buy right now.

(COINGECKO)

BTC Bull (BTCBULL) just smashed past $7 million in presale funding as it continues to cement itself as one of the biggest ICOs in 2025 so far. It perfectly blends memecoin virality with incredible utility, which has led to an influx of investment into the presale.

The main utility powering BTC Bull is the upcoming Bitcoin airdrops for BTCBULL holders. Investors are incentivized to hold with these airdrops, beginning once BTC hits $150,000. Again, at every $50k price increase from thereon,

These Bitcoin airdrops are weighted, meaning the more BTCBULL one holds, the bigger the airdrop. It is this key piece of information that has led to multiple whale wallets scooping big bags of BTC Bull at ICO prices in order to maximize their slice of the airdrops.

Not stopping there, the BTC Bull team have also introduced a token burn mechanism into the project, with burns slated to start once Bitcoin hits $125,000 and every $50k increase from there. This means that beginning at $125k BTC, there will be huge events for BTCBULL holders every time Bitcoin hits a $25k price increase.

When taking into account how many analysts and prominent crypto figures are calling for $500,000+ BTC during this cycle, this could mean EIGHT Bitcoin airdrops are on the way for BTCBULL holders. Binance founder CZ is one of those figures, recently stating his belief that BTC could hit $500k this cycle.

To top it off, the BTC Bull presale offers investors the chance to stake their presale bag for 57% APY.

Not to mention, there are already 1

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Other articles published on Jun 13, 2025