Aptos Price Prediction and Community Welcomes Shinami: Where Might APT Go Next?
The Aptos (APT) community is buzzing with excitement as they welcome a new partnership with Shinami, an innovative gas credit protocol. Despite this exciting news, the Aptos price experienced a 4.5% drop on Tuesday, reflecting the overall sell pressure in the crypto space.
The partnership with Shinami allows dApps to purchase gas credits, enabling dApp users to transact for free. Aptos is even giving some of these credits for free to dApp builders to encourage development on the upcoming chain, which bodes well for its long-term prospects.
However, in the short-term, Aptos traders are closely watching chart analysis to predict where the price might go next. The $7.50 area is a key support zone for APT, but with downside pressure from the 21-day moving average, a downside break could be on the horizon, potentially leading to a return to late-2023 lows around $4.70.
While Aptos has a lot of potential, it remains a highly risky altcoin to invest in. The blockchain, built by former Facebook developers, will need to see further adoption to justify its $3.6 billion market cap. Currently, it has $640 million in trade value locked (TVL), but to reach a market cap in the tens of billions, it will need a TVL in the billions.
For investors seeking alternatives with greater upside potential, Mega Dice Casino (DICE) is running a presale of its utility token. DICE holders can benefit from cashback rewards on wagers and passive income through staking. The project has already raised $660,000, with a $750,000 airdrop for early presale investors. As the project approaches the $1 million milestone, the DICE price will rise, making it a lucrative opportunity for potential investors.
It’s important to note that crypto investments are high-risk, and this article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any investment decisions.
