Elon Musk continues to make waves on Twitter with his customarily blunt, customarily confusing, but always exciting remarks. Thus, his tweet about the Aptos token recently caused a 7% increase in its value within minutes. APT’s value had not reached such a high point in 30 days.
CoinMarketCap converts APT to USD.
Many followers initially found the billionaire’s tweet, which read “AI APT OTT!” perplexing. But for those who work in the cryptocurrency industry, it was a clear sign to invest in Aptos tokens. Its value jumped minutes after the tweet was sent as traders scrambled to capitalize on the unexpected increase.
In contrast to that background, the APT value, as seen by analyst Ali Martinez, continued to rise following the daily candle’s earlier close above the 50-day moving average. Martinez, remarking on the token’s value movement, predicts the arrival of other advantageous qualities. However, Elon Musk has already removed his tweet, and the price of the Aptos token has been restored to its previous level, amounting to $12.7 per APT.
The APT in Musk’s post could have stood for “superior persistent menace.” This phrase in cybersecurity describes a situation in which an unauthorized person gains access to a computer system and remains undetected once inside. The oddball millionaire explained the tweet’s deletion because artificial intelligence recognized its meaning.
