I am bearish on APT and believe that the justified price is somewhere in the very low 2-digits. However, it could very easily happen, based on the same fundamentals (or the lack thereof) as Bitcoin hitting $100K or perhaps even $1M. On the other hand, I also recognise that the upward movement of APT is based on not much more than just mere hope and the expectation that the money printing and loose monetary conditions continue. The reality is that if things turned sour, or the policies 'normalised', then APT would be first to drop and a very big drop it would be, indeed. I myself try to avoid trading solely based on hope.
