Shiba Inu (SHIB) and Aptos (APT) price outlook as Bitcoin (BTC) tests resistance near $30k

But the 16th ranked cryptocurrency, which remains one of the top memecoins with a market of $6.1 billion, has a growing community buoyed by the success of the testnet for layer 2 protocol Shibarium.

On-chain data shows the protocol has enabled over 194,000 transactions and seen over 100,000 wallet interactions.

If an upside flip in the price amid new buy Shiba Inu pressure, the main short term target will be the $0.000035 level. The 2021 all-time high provides another key level and a move to $0.01 could be the Holy Grail of the upcoming bull cycle.

Aptos (APT) price prediction

Aptos (APT) is a new layer 1 blockchain network that’s benefitted from massive investment by venture capitals. The Aptos mainnet went live recently and the demand for the native APT token saw the price rally to the YTD peak of $19.92 in January.

Aptos (APT) price daily chart. Source: TradingView

Currently trading around $10 has the APT/USD pair roughly 46% off the January highs. However, analysts remain bullish on the Aptos price.

Crypto analyst Captain Faibik recently highlighted Aptos bullish flag pattern. If a breakout follows, a move to $20 in the short term could be one of the main targets.

Meanwhile, this Aptos price prediction for the medium term sees a potential burst to a new all-time high.

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