Former Aptos Adviser Buzz Leaves After Contract Expires, Says He Sold APT Holdings

Buzz, a former Aptos adviser known as BuzzlamicJihad, left the project after his one-year contract expired and said he had sold his APT holdings. According to ChainCatcher, citing Decrypt, Buzz described the departure as a mutual decision and said he did not renew because he saw little further progress and some plans had not unfolded as expected. APT is down 10.7% this month, and Aptos has a market capitalization of about $607 million.Buzz has begun promoting Meta using meme-based marketing similar to his approach with Aptos. His Aptos thesis had centered on the project’s links to Facebook; Aptos was founded by developers from the Libra project. Buzz said Meta’s fundamentals are strong but retail investors are overlooked, particularly after the recent creation of non-voting Class C shares. He has posted messages including “META looking good here” and said he moved communications from Telegram to WhatsApp. Meta fell 1.2% that day, putting its market capitalization at about $1.59 trillion, roughly 2,619 times Aptos’.