Aptos Token Rebounds After Upstart Blockchain’s Dismal Debut

The APT token was trading at $9.17, up 36% compared with last week’s low of $6.75, based on CoinGecko pricing. At that pace of recovery, it’s fast approaching the $12 price where it launched on multiple exchanges, based on data from Riyad Carey, a research analyst at crypto data firm Kaiko. In the early hours following the Oct. 19 launch, the token was trading around $9 on the Coinbase, Huobi, FTX and Binance crypto exchanges.