Crypto analysis of Aptos, Ankr and CRO

Continuing our column on crypto trends, today we will focus on three different projects – Aptos (APT), Ankr (ANKR) and Cronos (CRO). 

As usual, we will analyze prices and market statistics, and then focus on recent news to understand how it has affected price movement.

Prices and Market Statistics of the Cryptos Aptos (APT), Ankr (ANKR) and Cronos (CRO)

Starting with Aptos, we can say that the month of the APT token project has not been one of the best. Although the project is largely expanding, the price movements of the last thirty days have been in a negative trend. 

The price of Aptos currently stands at $9.85 and has dropped by -14%, however, in the last week the APT token seems to be regaining strength. 

As for market statistics, Aptos has a market capitalization of $1.9 billion, with an average daily trading volume of $122.2 million.

The number of shares outstanding is 189.5 million APT, with an average holding period of 13 days. 

Similar to Aptos, the ANKR project has also underperformed over the past month, suffering an even greater decline than APT. 

ANKR is now trading at 0.0294 and has seen a 19% decline in the last thirty days.

In terms of market statistics, ANKR has a market capitalization of $294 million, with a daily trading volume of $21 million. 

The outstanding supply is 10 billion ANKR tokens, with an average holding period of 42 days. 

Although the Cronos token is the one that has performed positively among the three projects mentioned above, we cannot consider it a real success.

Cronos (CRO) is currently trading at $0.0705, an increase of less than 1% over the past month. Although the news of the Amazon deal increased the value by 13 percent, the price quickly adjusted over time.

In terms of market capitalization, Cronos has USD 1.8 billion, with a trading volume (in the last 24 hours) of USD 11.5 million. The outstanding supply is 25.3 billion CROs, with an average holding period of 131 days.

Aptos also forges agreements with Mastercard for new blockchain solutions

As the world becomes increasingly digital, the importance of secure and reliable web identity solutions has never been greater. 

The rise of blockchain technology has paved the way for innovative new approaches to digital identity, and one of the latest players in this space is Aptos (APT). 

This emerging blockchain platform has recently emerged as a serious competitor to Solana, one of the world’s most popular blockchain platforms.

Aptos has also announced a major partnership with Mastercard, a global leader in the payments industry, to develop revolutionary web identity solutions.

Aptos is a blockchain platform specifically designed to provide a more secure and efficient way to manage digital identities. 

Its core technology is based on a hybrid consensus mechanism that combines the best features of proof-of-work and proof-of-stake, enabling fast transaction processing and high levels of security. 

Aptos is also highly scalable, making it an ideal platform for managing large-scale Web identity solutions.

Aptos is rapidly gaining traction due to its innovative approach to Web identity solutions.

One of the key benefits of Aptos is its ability to deliver secure and reliable Web identity solutions that are resistant to hacking and fraud. 

Aptos achieves this by using a combination of cryptographic signatures, decentralized storage, and smart contracts to manage digital identity. 

This approach ensures that user data is stored securely and accessed only by authorized parties, while enabling easy and efficient digital identity verification.

To further enhance its web identity solutions, Aptos has partnered with Mastercard, one of the world’s leading payment companies.

Together, APT and Mastercard are developing a range of innovative new products and services that will enable secure and reliable Web identity solutions for individuals and businesses worldwide.

According to Aptos, the partnership with Mastercard is focused on creating a suite of digital identity solutions that will enable secure and reliable identity verification for a wide range of applications, from financial services to e-commerce and beyond. The goal is to create a more secure and efficient Web identity system that helps protect individuals and businesses from fraud and cybercrime.

Cronos (CRO) strikes deal with Amazon and token price goes up immediately

Amazon Web Services (AWS), the cloud computing platform provided by retail giant Amazon, has announced a partnership with Cronos Labs, a Web3 startup focused on DeFi and blockchain games. 

The partnership is expected to bring to market new solutions for decentralized applications (dApps) and non-fungible tokens (NFTs).

Cronos Labs is a Web3 platform focused on building decentralized applications and infrastructure for the DeFi and blockchain games sectors. 

Its main goal is to create a more inclusive and accessible ecosystem for everyone to participate in decentralized financial and gaming applications. 

By partnering with AWS, Cronos Labs plans to leverage the cloud computing giant’s infrastructure and expertise to scale its solutions and make them available to more users.

AWS has been providing cloud computing solutions for more than a decade and has an extensive network of customers and partners. The partnership with Cronos Labs is expected to help the Web3 startup expand its reach and bring its solutions to more users.

The partnership will allow Cronos Labs to leverage AWS’ cloud computing infrastructure, one of the largest and most advanced in the world. This will enable Cronos Labs to provide more robust and scalable solutions for DeFi gaming and blockchain applications.

The Cronos Labs ecosystem has a native token, CRO, which increased by 13 percent shortly after the AWS partnership was announced. 

The price increase reflects the market’s enthusiasm for the partnership and the potential it represents for the future of Web3 and decentralized applications. 

The CRO token is used within the Cronos ecosystem to pay transaction fees and as a medium of exchange for platform services.

Source: https://en.cryptonomist.ch/2023/05/02/crypto-analysis-aptos-ankr-cro/