Tension times in Aptos (APT): Lock opening is at the door!

Aptos, which will realize a $329 million lock opening on March 13, made its investors and ecosystem think.

Aptos, which could not make the expected move even though Bitcoin (BTC) reached $ 72,000, came to the fore with the unlocking. The project, which unlocks regularly, will release 24.84 million APT ($329.16 million) as of March 13. The uneasiness caused by the unlocking and the fact that the coin price remained at low levels annoyed APT investors. So, what are the details about unlocking? How might it affect the price?

## It is behind compared to other altcoins!

Although BTC exceeded $ 72,000 and Ethereum (ETH) exceeded $ 4050, APT could not show the expected performance. Aptos, which remained silent not only on the basis of coin price but also as an ecosystem, began to attract the reaction of its investors. In addition to these, the lock openings further fueled the chaos.

When we look at the unlocking that will take place on March 13, 24.84 million APT will be released. These APTs amount to 329.16 million dollars as of the writing of the news. The ratio of the token to be unlocked to the circulating supply is 6.73 percent. Aptos' current market cap is $4.99 billion. The panic atmosphere created by the lock opening, BTC falling below $ 70,000 or the severe increase in BTC dominance will push the APT price to lower levels. In such a scenario, sudden declines up to $10 can be observed.

If lock openings do not have a significant impact on the price, BTC closes daily above $ 70,000 or BTC dominance relaxes to the 50 percent band, this will pave the way for APT. In such a scenario, a movement towards $15 can be followed first.