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What's in a Name? Apricot Finance's Token Surges on Similarity to Aptos Token's Ticker
Trading volumes of the tokens jumped from under $70,000 on Monday to over $2.2 million.
Yazan Shaurya Malwa
Tokens of the lending application Apricot Finance, which was launched in 2021, surged on Tuesday despite the lack of any recent technical upgrade and little chatter on its social media forums.
An unintended anomaly caused the surge instead. Apricot Finance’s APT tokens – which surged some 70% in the past 24 hours – share the same ticker as Aptos’ native APT tokens.
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Aptos launched on Monday and its tokens are slated to be offered on major crypto exchanges Binance and FTX.
That didn’t stop traders from taking bets on the existing APT. Trading volumes on Apricot’s APT jumped from under $70,000 on Monday to over $2.2 million on Tuesday afternoon, with prices continuing to increase at writing time. The tokens are traded on Gate and LATOKEN, two medium-tier crypto exchanges.
However, there was no increase in the total value locked (TVL) on Apricot, which remained unchanged at $5 million.
Meanwhile, some community members warned others from buying into the hype. “Keep buying the wrong one,” said one member on the CoinMarketCap forum. “Guys binance will list . Not the one on the Gate exchange which is called Apricot Finance. Be Careful,” said another.
As such, there’s a long way to go for APT holders: The token price is down over 95% from last year’s peak of 30 cents, a time when platform TVL was $300 million.
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Bilinmesi gerekenler:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
Bilinmesi gerekenler:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
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