Aptos New Multi-Million MEXC Partnership Could Kill Solana: Here’s Why

Aptos Crypto is partnering with MEXC to promote APT. Will it flip Solana? Investors are doubling down on MemeBet Casino.

The spirit of crypto and blockchain is not speed but collaboration. Since the first public ledger went live, strategic collaborations have yielded success and important progress.

Think of Vitalik Buterin’s work in Bitcoin before forking and actualizing his dreams on Ethereum or Charles Hoskinson’s work on Ethereum before working solo on Cardano.

If not for the work of crypto pioneers and other selfless engineers who dedicated their time and resources to improvising this novel technology, blockchains would have been expensive and unscalable.

Aptos Crypto And MEXC Join Hands

Since collaboration is vital, the deal between Aptos, a new layer-2 platform aiming to solve the scaling challenge, and MEXC, a crypto exchange, is worth watching.

In a press release accompanying this announcement, the team said the goal is to “promote” events centered around APT, the native currency priming Aptos.

This announcement only makes sense (at least from Aptos’ perspective).

Aptos Blockchain Flipping Solana?

Since launching over two years ago, the network has posted impressive growth, banking on its superior throughput and low fees.

By its second anniversary, the network had processed over 1.7 billion transactions, a huge improvement from what was seen by the end of the first year.

Happy Birthday, Aptos!

In just two years, here's what we have accomplished together 🌐

– 27.7M all-time active addresses
– 1.7B all-time transactions
– 326M transactions done in a single day
– 250 innovative projects that are #builtdifferent

and we’re just getting started ⚡ pic.twitter.com/OMvk7oj0NX

— Aptos (@Aptos) October 18, 2024

With rapidly rising transactions come more on-chain activity.

Records show that Aptos now boasts over 27 million active addresses, driving the number of assets under management by over 5X since launch.

According to DeFiLlama , Aptos DeFi protocols manage over $908 million–a more than 25X expansion year-to-date.

( Source )

To put the numbers in perspective, its largest lending market, Aries, has a TVL of over $278 million. Assets under management continue to rise, up 40% in the past week alone.

Aptos has grown so much that there is a genuine concern, especially by Solana followers, that it may flip the third most valuable smart contracts platform.

That Solana fans are worried is a huge endorsement for Aptos—and it could happen with MEXC in the equation.

As part of the Aptos-MEXC deal, up to $1.5 million in prizes will be distributed to users.

However, like all events, there are no freebies.

Only those participating in various events, including locking their savings and trading on the MEXC’s perpetual platform, stand to win.

This promotion’s design aims to attract all new and existing users.

Admittedly, Solana might have a bigger market cap and more quality partners, such as Visa.

The rapid growth seen in Aptos barely two years after launch. Most crucially, the expansion of its DeFi ecosystem makes APT a potentially undervalued blue chip coin to watch out for in Q4 2024.

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MemeBet Is A Quality Presale Project: Can Easily Outperform SOL and APT

While Aptos presents an opportunity and a coin that could easily flip Solana, investors monitor MemeBet.

It is a GambleFi project whose presale is ongoing.

Like Solana and Aptos, MemeBet is building on a solid base endorsed by the community, as evidenced by the amount raised over the past few weeks.

According to MemeBet presale data , over $500,000 has been raised.

What MemeBet brings to the table is interest among investors: the ability of meme coin holders of Dogecoin, Brett, and others to wager on its Casino.

It is a no-KYC casino on Telegram. This means no registration; it is simply plug-and-play like it should be.

Moreover, the casino will have a global sportsbook for meme coin holders to wager on the multiple crypto casino games.

 

Those who buy MEMEBET can wager and receive even more rewards. Some will include airdrops, bonuses for active players, and an opportunity to win Lootboxes with real-world prizes.

If MemeBet finds traction, it is easy to see why it can easily be 100X. In this way, it will easily outperform SOL and APT in the coming months.

To stay up to date with the latest MEMEBET announcements and project news,  join Telegram  and  follow on X .

VISIT MEMEBET HERE

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