FTX token has continued to crash this week, and the news that the platform filed for bankruptcy has even worsened the situation over this weekend. As of this writing, FTX had crashed 92% in the past 7 days, making it the biggest loser in the market last week.
The future of the FTX Token ($FTT) looks brick, and the chances of the coins recovering back to $25, the price of the coin before the crash started, is almost zero. Therefore, we are looking at another Terra situation as things stand right now. It’s an unfortunate thing to watch, but it is a learning experience for the crypto community.
While FTX Token ($FTT) was crashing, APTOS (APT) was also doing badly in the market. The coins are barely four weeks old on the CMC, and the charts show that the coin has been dumping. In fact, APTOS declined from $10 to $3.6 last week. As of writing, APTOS has risen to $4.6, but the coin is struggling to remain stable.
According to the APTOS (APT) team, there are working towards building one of the most disruptive Layer 1 Proof-of-Stake (PoS) blockchains that will focus on bringing the mainstream adoption of the web3.
However, crypto analysts have poked holes into this program by comparing it with other already-developed projects. This is why the uptake of the Bitgert coin has not been as big as had been anticipated. Bitgert (BRISE) and Centcex (CENX) are two projects that give APTOS (APT) the toughest competition in the market.
Bitgert and Centcex Are Preparing To Pump Hard
Bitgert and Centcex are two coins that crypto experts believe might start pumping in the next few days. There are several things about these coins that make them stand out from the market in a number of ways.
But crypto analysts believe that Bitgert products and many partnerships that have been dropping are some of the reasons BRISE is expected to start pumping soon. Centcex (CENX) is also working on major developments, and the team recently launched the BriseSign on the Bitgert chain,
As of this writing, Bitgert (BRISE) and Centcex (CENX) are on an upward trajectory and are quickly recouping the losses made in the last few days. Therefore, we are likely to see these coins posting impressive pumps in the next few days. The growing adoption of their products and projects is what’s driving these coins.
The post FTX Crashing, APTOS Dumping Sharply, But These Coins Might Start Pumping Soon appeared first on Analytics Insight.
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