Aptos Surges 16% in 24 Hours! But What’s Backing It?
In the past 24 hours, Aptos has seen an impressive 16% price surge, climbing from $5.97 to $6.95! But beyond the price movement, let’s dive into a key metric that separates solid projects from short-lived hype—the TVL-to-Market Cap ratio.
TVL-to-Market Cap Ratio: A True Indicator of Strength?
Among the major chains, Aptos holds the second-highest TVL/Market Cap ratio at 34.7%, just behind Ethereum! This metric highlights the strong liquidity base and real utility within the Aptos ecosystem. Unlike tokens that rise on speculation alone, Aptos is backed by an active ecosystem and substantial TVL.
A Reality Check: The SCAM Token Epidemic
Compare this to meme-based tokens like $TRUMP,
$MELANIA, and $LIBRA —tokens that skyrocketed purely on political narratives or celebrity hype. These projects lacked real fundamentals, pumped hard in a single day, and left the broader crypto market at a loss.
So, isn’t it time we focus on projects with strong backing, deep liquidity, and real adoption rather than chasing the next fleeting pump?
Numbers don’t lie. Will the crypto ecosystem finally start following them?
Data by flipsidecrypto