Markets· ★★★· bearish·

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