{"id":334330,"date":"2023-08-10T19:00:29","date_gmt":"2023-08-10T13:30:29","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=334330"},"modified":"2023-08-10T14:13:41","modified_gmt":"2023-08-10T08:43:41","slug":"apt-hikes-by-11-after-microsofts-latest-partnership","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/apt-hikes-by-11-after-microsofts-latest-partnership\/","title":{"rendered":"APT hikes by 11% after Microsoft&#8217;s latest partnership"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Aptos price increased by double digits for the second time in over 4 months.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">APT volume climbs to record high.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">On 9 August, Aptos issued a significant announcement regarding its partnership with Microsoft. Following this announcement, there was a notable and substantial response in APT&#8217;s price and trading volume, the token associated with Aptos.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/aptos-price-prediction\" target=\"_blank\" rel=\"noopener\">Aptos (APT) Price Prediction<\/a> 2023-34<\/p>\n<hr \/>\n<h4><b>Aptos to partner with Microsoft<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">On 9 August, <a href=\"http:\/\/ambcrypto.com\/should-aptos-bulls-expect-a-reversal-as-price-dawdles\/\" target=\"_blank\" rel=\"noopener\">Aptos<\/a> unveiled a <a href=\"https:\/\/twitter.com\/AptosLabs\/status\/1689261166663766016?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1689261166663766016%7Ctwgr%5E8e1f8ce3e4c6fe5cb88c446b86d50ad086776357%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fdecrypt.co%2F151860%2Fmicrosoft-ai-aptos-labs-apt-token\" target=\"_blank\" rel=\"noopener\">strategic collaboration<\/a> with Microsoft to &#8220;unlock Web3 on the Aptos network&#8221;. This partnership entailed utilizing Microsoft Azure&#8217;s infrastructure to introduce innovative AI-driven blockchain utilities, such as the Aptos Assistant chatbot. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, to enhance network security, Microsoft will facilitate Aptos Labs in operating validator nodes on the Azure platform. Following these revelations, the trading volume and development activity metrics experienced a surge, reaching record levels.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Today, we&#39;re making Aptos history.<a href=\"https:\/\/twitter.com\/AptosLabs?ref_src=twsrc%5Etfw\">@AptosLabs<\/a> is partnering with <a href=\"https:\/\/twitter.com\/Microsoft?ref_src=twsrc%5Etfw\">@Microsoft<\/a> to unlock Web3 on the <a href=\"https:\/\/twitter.com\/Aptos_Network?ref_src=twsrc%5Etfw\">@Aptos_Network<\/a>.<\/p>\n<p>As an <a href=\"https:\/\/twitter.com\/msPartner?ref_src=twsrc%5Etfw\">@msPartner<\/a>, our joint suite of AI-supported tools will offer developers and users around the world effortless access to Web3. (1\/6) <a href=\"https:\/\/t.co\/zWsrVWhSql\">pic.twitter.com\/zWsrVWhSql<\/a><\/p>\n<p>&mdash; Aptos Labs (@AptosLabs) <a href=\"https:\/\/twitter.com\/AptosLabs\/status\/1689261166663766016?ref_src=twsrc%5Etfw\">August 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h4><b>Aptos volume, dev activity, and social dominance spikes<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">When news of the partnership surfaced, <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1689465557501046784?t=y8PKF8x--gEc7n4ASnjfPg&amp;s=19\" target=\"_blank\" rel=\"noopener\">Santiment<\/a> data revealed significant spikes in volume, development activity, and social dominance. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the Santiment chart, <a href=\"http:\/\/ambcrypto.com\/aptos-what-you-need-to-know-as-apt-moves-sideways\/\" target=\"_blank\" rel=\"noopener\">APT&#8217;s<\/a> trading volume surged to over 637 million by the close of 9 August. The last time this level of volume was reached was around April. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of this writing, the volume had climbed even higher, exceeding 741 million, with this volume level last observed almost five months ago.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, the Santiment chart depicted a noticeable upswing in development activity. The trajectory of Aptos&#8217; development activity had risen since around 3 August, reaching approximately 87. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, on 9 August, it experienced a remarkable surge, reaching 115. Although there was a slight dip to 112 as of this writing, the increase remained evident.<\/span><\/p>\n<figure id=\"attachment_334333\" aria-describedby=\"caption-attachment-334333\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Aptos-APT-09.18.08-10-Aug-2023.png\"><img decoding=\"async\" class=\"wp-image-334333 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Aptos-APT-09.18.08-10-Aug-2023.png\" alt=\"Aptos volume, social dominance and dev activity\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Aptos-APT-09.18.08-10-Aug-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Aptos-APT-09.18.08-10-Aug-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Aptos-APT-09.18.08-10-Aug-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Aptos-APT-09.18.08-10-Aug-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Aptos-APT-09.18.08-10-Aug-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/Aptos-APT-09.18.08-10-Aug-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-334333\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">In addition to these trends, there was a pronounced surge in social dominance, which peaked above 1.5% upon the announcement of the partnership. However, this figure dropped below 1% as of this writing, suggesting a decrease in the token&#8217;s social prominence.<\/span><\/p>\n<h4><b>APT witnesses almost 11% spike<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">On the daily timeframe chart of <a href=\"http:\/\/ambcrypto.com\/aptos-might-climb-to-the-8-mark-again-but-heres-why-a-reversal-is-likely\/\" target=\"_blank\" rel=\"noopener\">Aptos<\/a>, there was a noticeable 10.52% surge in value, leading to a closing trade price of $7.40 on 9 August. The only other occasion when APT experienced a similar sharp increase was on 17 June, when it soared by more than 11%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Remarkably, these two instances represented the sole instances of double-digit spikes in a span exceeding 4 months.<\/span><\/p>\n<figure id=\"attachment_334334\" aria-describedby=\"caption-attachment-334334\" style=\"width: 1491px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-334334\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/APTUSDT_2023-08-10_08-57-58.png\" alt=\"APT\/USDT price trend\" width=\"1491\" height=\"707\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/APTUSDT_2023-08-10_08-57-58.png 1491w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/APTUSDT_2023-08-10_08-57-58-300x142.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/APTUSDT_2023-08-10_08-57-58-1024x486.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/APTUSDT_2023-08-10_08-57-58-768x364.png 768w\" sizes=\"(max-width: 1491px) 100vw, 1491px\" \/><figcaption id=\"caption-attachment-334334\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">How much are 1,10,100 APTs worth today<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">However, as of this writing, the initial excitement seems to have subsided. The token&#8217;s trading value had settled around $7.2, reflecting a minor loss of 1.5%. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite this, the overall trend remained bullish, as indicated by the Relative Strength Index (RSI) sitting above the neutral line.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aptos and Microsoft&#8217;s Web3 alliance lit a fire under APT&#8217;s trading volume, development, and social presence. APT soared 10.52%, marking a historic rise.<\/p>\n","protected":false},"author":76,"featured_media":334338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-334330","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>APT hikes by 11% after Microsoft&#039;s latest partnership - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The Aptos community seems to be bullish about the latest partnership announcement, as the token did good numbers upon the announcement.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/apt-hikes-by-11-after-microsofts-latest-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"APT hikes by 11% after Microsoft&#039;s latest partnership - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Aptos and Microsoft&#039;s Web3 alliance lit a fire under APT&#039;s trading volume, development, and social presence. 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