How are you all? I hope everyone is well. Today I am sharing an analysis article with you about a new token. I think this new token, which was recently listed on Binance, will give quite a surprise in the morning.
Yes, friends, are you worried about the APRO (AT) token, which was recently listed on Binance or are you thinking about how it can perform in the future? This new token in the infrastructure category has generated a lot of discussion among traders in the current crypto market. Currently, the token is trading around $ 0.1447. Although it has increased slightly in the last 24 hours (0.84%), its chart pattern seems quite volatile or fluctuating. As a new token, its price movement is naturally changing very quickly.
The on-chain data or fundamental aspects of the token are quite intriguing. Its current market cap is only $33.19 million, which is considered quite small or 'small cap' in the cryptocurrency world. However, what is surprising is that its trading volume or transaction amount is about $109 million. When the volume of a token is higher than its market cap (here about 330%), then it should be understood that people are very interested in the token and it can be pumped or dumped very quickly.
Looking at the money flow analysis or money flow, there is a mixed reaction. According to the chart you shared, in the last 24 hours, large investors or 'whales' are in a somewhat selling position (about $1.75 million outflow). As of the last 5 days, there is a trend of money going out from large investors. However, the good news is that small and medium traders are still buying it. That is, even as the big ones book profits, retail investors are trying to hold the market.
As for the future prospects, APRO has a huge potential to rise in price due to its low market cap. If it can successfully hold the current support level of $0.1308 and the Bitcoin market remains stable, we could see it in the $0.18 to $0.22 range very soon. Its all-time high was around $0.88, so the current price is available at a significant discount compared to that. However, it may remain in the consolidation zone or sideways movement until the selling pressure from large orders subsides.
Finally, it is important to exercise some caution when investing. Since the 5-day 'large inflow' is showing negative, it would be wise not to invest large sums of money right now. If you want to take an entry, you can buy a small amount at the current price and keep the rest in hand to buy when the price drops (DCA strategy). As a new project, it falls into the high-risk and high-reward category, so trade with your risk management in mind.
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