
Aptos drops 8% to $0.548 after tokenomics change
- —APT fell 8.09% to $0.548, day's low $0.544
- —Gas fees on the Aptos network rose tenfold
- —Staking yield was cut to 2.6%
- —RSI at 41.7 and stochastic at 3.1 signal oversold territory
Why it matters: Higher network costs and lower staking yield reduce APT's appeal to holders and validators.
Source: DiarioBitcoin