This article centers around a thorough assessment of APL coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits.
What is APOLLO CURRENCY (APL) Coin?
Apollo Currency (APL) is a cryptocurrency that aims to provide fast , private , and secure transactions . It is built on its own blockchain platform called Olympus Protocol , which incorporates various features such as decentralized Exchange , sharding , adaptive forging, and atomic swaps .
The Apollo Currency ecosystem offers several unique features . One of them is the implementation of the Hermes protocol for privacy and anonymity in transactions. By utilizing techniques like coin mixing and IP masking , APL strives to enhance user privacy .
Additionally , Apollo Currency offers a decentralized marketplace where users can buy or sell goods using APL coins directly within their wallet interface . The platform also includes encrypted messaging capabilities to facilitate secure communication between users .
It’s important to conduct thorough research before engaging with any cryptocurrency project or investing in tokens like APL .
If you want to know more about the APOLLO CURRENCY (APL) coin , you can visit its website .
Apollo Currency (APL) has several projects and initiatives in its roadmap. Here are a few notable ones :
1. Apollo DEX : Apollo Currency aims to launch its own decentralized exchange (DEX) , allowing users to trade cryptocurrencies directly on the platform . The DEX will provide fast , secure, and transparent trading options .
2Knox World Pay : This project focuses on facilitating global payments by integrating with existing payment processors and offering an easy-to-use interface for merchants and consumers alike .
3. National Payment Platform : Apollo Currency is working towards establishing partnerships with countries around the world to create national payment platforms powered by APL. These platforms aim to improve financial inclusivity , reduce transaction fees , and enhance security .
4. Apollo Bank Network : The team envisions creating a network of partner banks that will utilize the capabilities of APL blockchain technology for faster cross-border transactions , reduced costs , and increased transparency .
5. Upgraded Olympus Protocol : Continuous improvements are being made to the Olympus Protocol underlying the APL blockchain platform. Enhancements such as sharding technology, adaptive forging mechanism, atomic swaps support, and advanced governance features are being developed to ensure scalability and efficiency .
These projects demonstrate Apollo Currency’s focus on creating a comprehensive ecosystem that encompasses various aspects of finance while leveraging the benefits of blockchain technology .
Factors affecting price:
The price of Apollo Currency (APL) coin, like any other cryptocurrency , is influenced by a variety of factors . Here are some key factors that can impact the price:
1. Market Demand : The demand for APL coins in the market plays a significant role in determining its price. Factors such as user adoption, community support, and investor sentiment can influence the demand for APL .
2. Overall Cryptocurrency Market : The performance of the broader cryptocurrency market can have an impact on individual coins like APL . If there is bullish or bearish sentiment prevailing in the market, it can affect the price of APL accordingly .
3. Technology Updates and Developments : Positive developments within Apollo Currency’s ecosystem such as new partnerships , platform upgrades , product launches , or technological advancements may attract attention and potentially increase demand for APL .
4. Regulatory Environment : Changes or updates to regulations governing cryptocurrencies globally or within specific jurisdictions can have an impact on how investors perceive and trade APL coins .
5. Investor Sentiment : Market perception and investor sentiment towards Apollo Currency also play a role in determining its price . News events , social media trends , and general market speculation can influence how investors perceive the value of APL.
6. Economic Factors : Broader economic conditions including inflation rates, interest rates, geopolitical events may indirectly affect cryptocurrencies’ prices by impacting investor confidence and risk appetite .
It ‘s important to note that cryptocurrency markets are highly volatile and subject to rapid fluctuations based on these influential factors as well as other unforeseen circumstances .
Where can I buy APOLLO CURRENCY Coin (APL)?
APOLLO CURRENCY Coin (APL) Baseline Assessment :
The market cap of the APOLLO CURRENCY (APL) coin is 1.841.589 and its circulating supply is 14.685.096.531 units. Its maximum Supply is 21.165.096.531 units, with a fully diluted valuation of $ 2.654.215.
What is the high price point for APOLLO CURRENCY Coin (APL)?
APOLLO CURRENCY (APL) highest price is $0.05699 recorded on Nov 22, 2020. The current price is -99.74% lower than the all-time high .
What is the low point of the price for APOLLO CURRENCY Coin (APL)?
APOLLO CURRENCY (APL) token’s lowest price was $0.0001396 on Jul 02, 2023.
APOLLO CURRENCY Coin (APL) Technical Outlook:
Apollo Currency (APL) coin dropped from $0.00733363 on 07 Jun 2021 to $0.0001525 on 26 Jun 2023 . Although there has been an increase in volume in recent weeks , it did not support this price . APL coin is priced below the channel middle band , continuing its movement within the falling channel . As it continues to stay below this level, the channel will want to go down to the lower band . The $0.0001512 level should be followed as important support .
Our support point: $0.0001512 and sequential resistances: $0.0003990 – $0.0014442 – $0.0073363
Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences. Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .
SEO Description: APOLLO CURRENCY (APL) coin weekly support zone is : $0.0001512 and The resistance zone is : 0.0003990 – $0.0014442 – $0.0073363
Keywords: APOLLO CURRENCY (APL)support and resistance points , price prediction, fundamental analys
Category: economy , finance , investment , crypto , Bitcoin , (APL)