• Aptos (APT) has seen its price increase by 400% over the last month, making it one of the best-performing cryptocurrencies in January.
• Experts have argued that the market is being manipulated due to the high trading volume seen on South Korean exchange Upbit.
• Traders should proceed with caution when investing in APT, as its price may be subject to sudden and significant price swings.

The cryptocurrency market has been relatively quiet over the past couple of months, with most coins seeing little to no movements. However, Aptos (APT) has been bucking the trend, with its price increasing by up to 400% over the course of the last month, making it the cryptocurrency that has performed the best so far in January.

This massive price spike has gained the distinction of being Twitter’s most reviled cryptocurrency pump, with many experts weighing in on the matter. According to Ran Neuner, a cryptocurrency expert and influencer, the manipulated nature of the APT trading volume on the South Korean exchange Upbit is a clear indicator that traders are manipulating the market.

Coingecko data has revealed that the APT/KRW trading pair on Upbit is responsible for more than 73% of the total amount of trading activity involving the coin. At the same time, the trading volume on Upbit has crossed $611 million, while the APT/USDT pair on Binance is staying at $327 million. This discrepancy has led experts to form the opinion that trading activity should not be trusted, as it is likely being driven by market manipulation.

Unfortunately, Aptos‘ price is difficult to forecast since there are currently no stable fundamentals supporting the currency. Moreover, the coin has an extremely limited quantity that is in circulation. This means that traders should proceed with caution when investing in APT, as its price may be subject to sudden and significant price swings.

• David Schwartz, chief technology officer of Ripple and one of the architects of the XRP Ledger, expressed regret that Ripple did not distribute more XRP when prices were low.
• He believes that the influx of tokens that have hit the market since XRP’s price rose to $0.4 has made things significantly more difficult.
• He pointed out that Americans who receive tokens from airdrops would have to pay regular income tax on them, and suggested that all tokens should be released into the market at the lowest possible price.

David Schwartz, the Chief Technology Officer of Ripple and one of the architects of the XRP Ledger, recently gave his unique insight on the XRP supply and token distribution. His comments were sparked by a discussion about cryptocurrency inflation and a recent airdrop of the FLR token from Flare Network.

Schwartz expressed regret that Ripple did not distribute more XRP when the price was lower, noting that the influx of tokens that have entered the market since XRP’s price rose to $0.4 has made things significantly more challenging. He pointed out that Americans who receive tokens from airdrops would have to pay regular income tax on them, and suggested that all tokens should be released into the market at the lowest possible price.

Schwartz noted that the XRP in the escrow belongs to Ripple, a for-profit corporation. He said that there is no community ownership or vote, whereas Flare tokens from an airdrop are supposed to be owned by the community to vote on and benefit the ecosystem.

Schwartz’s comments about XRP supply and token distribution highlight the importance of releasing tokens into the market at the most opportune times. Early token distributions should happen when prices are low, and it’s essential to consider the tax implications of airdrops and how they will affect the token’s value in the long run.

Overall, Schwartz’s views on the XRP supply and token distribution offer valuable insight into the dynamics of cryptocurrency inflation, and how to best manage the release of tokens into the market. His words serve as an important reminder of the importance of timing and the need to consider the tax implications of token distributions.

• The year 2023 began on a positive note, with a team from Bitwise Investment making 10 predictions of what we can expect
• The market is expected to recover with Ethereum’s merger, Layer-2 solutions, and other upgrades that will reduce transaction cost by 1000%
• Coinbase is predicted to make a comeback with its largest installed user base

As the year 2023 began with a positive note, bringing a new hope for investors and traders, a team from Bitwise Investment has come up with 10 predictions of what the crypto market can expect in the coming year.

The crypto market is expected to recover in 2023, with the introduction of various new upgrades and Layer-2 solutions. One of the most anticipated upgrades this year is the Ethereum merger, which is estimated to reduce transaction cost by 1000%. This could potentially lead to transactions being as low as 1/10th of a cent, creating a whole new era in the financial world.

Another prediction made by the Bitwise team is that Coinbase is expected to make a comeback with its largest installed user base. Although Coinbase’s stock dropped by 86% in 2022, the firm’s revenue still increased from $520M in 2018 to $3.3B last year. This suggests that the company’s user base is growing, and it could potentially lead to a 100% rise in Coinbase’s market cap.

The other predictions from the Bitwise team include the emergence of more stablecoins, more decentralized applications and increased adoption of blockchain technology. Additionally, the report also states that the use of cryptocurrency in day-to-day transactions is expected to increase, with more merchants and businesses accepting crypto payments.

Overall, the report indicates that 2023 could be a bullish year for the crypto market. With the introduction of new upgrades and technologies, the crypto market is expected to experience a surge in price. This could potentially lead to a new era in the financial world and open up new opportunities for investors and traders.

• Orbeon Protocol (ORBN) has sold 60 million tokens and is up by over 987%.
• Ripple (XRP) was created to revolutionize the cross-border payments industry and is up by over 56%.
• Flow (FLOW) is a blockchain-based platform that enables developers to create decentralized applications and is up by over 77%.

The cryptocurrency market has been experiencing tremendous volatility in recent months, with tokens of all sizes gaining and dropping in value. This past month saw a few major digital currencies experience significant price fluctuations, and Orbeon Protocol (ORBN) was one of them.

Orbeon Protocol (ORBN) is a blockchain-based protocol that is changing the world of crowdfunding. It stands out from the crowd with its utilization of equity-based NFTs, which serve as a new vehicle for investors to buy into startups. These NFTs can be bought by everyday investors for as little as $1.

The ORBN token can be used to pay for transactions within the network, as well as to grant ORBN holders various bonuses. These bonuses include staking rewards, governance rights, priority access to new crowdfunding rounds, and an array of other benefits.

The presale of ORBN has been doing extremely well, with 60 million tokens sold in the past few weeks. The token has seen a surge in value, rising from $0.004 to $0.0435. It is projected to surge by over 6000% once it hits exchanges.

Ripple (XRP) is another digital currency that has seen significant price fluctuations recently. Ripple (XRP) was created to revolutionize the cross-border payments industry and tackle the inefficiencies of traditional financial institutions. As a result, it has seen a 56% increase in value this past month.

Last but not least, Flow (FLOW) is a blockchain-based platform that enables developers to create decentralized applications. It has seen a 77% increase in value this past month and is quickly becoming a popular choice for developers looking to build on the blockchain.

All in all, the cryptocurrency market continues to be volatile and unpredictable. While some tokens have experienced significant gains, others have seen drastic drops in value. It is important for investors to do their own research and understand the risks before investing in any digital currency.