APR (aPriori) down 3.30% in the last 24 hours

Gate News Bot Message, November 12th, according to CoinMarketCap data, as of press time, APR (aPriori) is reported at $0.29, down 3.30% in the past 24 hours, with a high of $0.48 and a low of $0.23. The current market capitalization is approximately $53.33 million, a decrease of about $1.8149 million from yesterday.

Recent important news about APR:

1️⃣ aPriori Airdrop Suspected of Large-Scale Manipulation The aPriori project experienced serious anomalies during its October 23rd APR token airdrop. On-chain data shows that about 80% of the airdropped tokens on the BNB chain were claimed by 5,800 associated wallets, exhibiting typical industrial-grade whale attack characteristics. These suspicious wallets were prepared before the official announcement of the airdrop eligibility standards and were funded by 13 wallets.

2️⃣ Project Team Has Not Responded to Airdrop Controversy Despite the APR token market cap dropping 60% from its peak to now $93 million, the founder Ray Song and investors of the aPriori project have yet to publicly respond to the airdrop manipulation incident. This silence may further erode market trust in the project and continue to suppress the APR token price.

3️⃣ Project Background Draws Attention aPriori had previously raised about $30 million, with notable investors including YZi Labs, HashKey Capital, and other reputable institutions. However, the emergence of the airdrop controversy has raised questions about the project’s management capabilities and transparency, potentially impacting future development prospects and investor confidence.

The ongoing decline in APR token price reflects market concerns about the project. In the absence of official clarification, investors may remain cautious, and the short-term downward trend could be difficult to reverse.

This message is not investment advice. Please be aware of market volatility risks when investing.