New Altcoin Idea !!! Yesterday’s trade delivered a +22% gain within 24 hours —don’t miss it!
Yesterday, we reaffirmed our trading idea for SUI and DeepBook, and both delivered impressive gains of +9% and 22% following the release of our email report (read it here) - within just the last 24 hours. This performance reinforces our outlook from a few weeks ago, where we highlighted DeepBook’s potential for a significant rally. SUI, already a standout performer, has surged an incredible 190% since our initial recommendation earlier in 2024, underscoring the strength of our analysis and foresight.
Exhibit 1: DeepBook (see yesterday’s report)
NEW IDEA: Score 7.3 (out of 10): Aptos sets up for +9.9% rally in 1 month
Aptos has signaled a bullish trend. Previously, during similar occasions, the Aptos token had a median return of +9.9% over the following 1 month - based on 10 historical occasions, with 6 of those showing positive returns (60% hit ratio). This buy signal for Aptos received a high score of 7.3 (out of 10). This insight was generated on 2025-January-4 with the last price of 9.965.
Aptos mainly trades on OKX - join here
Aptos is in the Layer 1 sector. It is a Layer 1 Proof-of-Stake (PoS) blockchain that employs a novel smart contract programming language called Move. Meta (formerly Facebook)’s Diem blockchain engineers independently developed this Rust-based programming language. This asset is considered moderate risk based on the last two years' risk/return profile. The ticker symbol is APT.
Exhibit 2: Previous Trading Signals Returns
After testing several possible alternatives (accuracy of previous returns), we found 1 month to be the optimal trade horizon. Otherwise, consider closing out this trade once the target level of 10.95 (+9.9%) has been reached. Based on Aptos's recent up and down swings, 10x Research suggests setting a stop loss level for this insight at 8.827667 (last price at 9.965), equivalent to a -11.4% decline.
Recommended Position Size: 8.8% or $18k (per 100k Portfolio), as the Volatility of APT-USDT is high (82%).
Exhibit 3: Previous Trading Signals
What is the latest news around Aptos (APT) ?
Aptos has been gaining traction in the DeFi sector, with the Total Value Locked (TVL) in APT terms increasing by 123% quarter-over-quarter to 75 million APT, despite a significant % price drop of 59% for APT over the same period. This indicates growing adoption within the Aptos network for DeFi applications.
Significant leadership changes have occurred, with Mohammad Shaikh, the co-founder and CEO of Aptos, resigning after unlocking his tokens. This has led to speculation and discussions within the community about the project's future direction.
Despite the volatility and leadership changes, there are positive developments in terms of ecosystem growth. Aptos Labs, now under new leadership, is focusing on accelerating the ecosystem's growth, with the network being recognized as one of the fastest-growing Web3 ecosystems globally. Over 1,000 new developers joined in 2024, marking a 96% increase in active developer growth year-over-year.