In an intriguing development, the layer-1 blockchain, Aptos, has made significant strides, its price surging up to +20% followed by the announcement of its new alliance with tech behemoth Microsoft. This partnership aims to widen tools and services on the blockchain, using Microsoft’s artificial intelligence capabilities. This includes plans for an Aptos assistant chatbot to act as a ‘helpdesk’, supporting developers building smart contracts and dApps.
Despite weeks of discouraging price action that saw Aptos slide -14.5%, the price is currently on the rise post the push, reclaiming the pivotal support from the 20DMA. The upward-bound price move has led to speculations regarding the possible end of the recent retracement move. However, all silver linings have a touch of grey. Aptos’ indicators seem to ring alarm bells with the RSI reflecting a bearish divergence at 58.38, indicating a strong ‘oversold’ signal demanding consolidation. On the flip side, MACD remains optimistic with a divergence at 0.047 adding a boost to holders’ confidence.
In parallel, there’s an unexpected craze for presales of an unusual altcoin that is eyeing a moon-shot amidst the Barbenheimer hype. The newest arrival, Shibie, a remarkable hybrid of the Shiba Inu-Barbie, is preparing for yet another crypto storm on a grand scale. The amalgamation of Barbie, Hollywood’s sensation, and Shiba Inu in the form of this disruptive token, stands to recondition the meme coin space.
The Shibie presale is in full swing, already amassing approximately $275,000, with tokens priced at a tempting $0.000167. Considering the talk of the town that is Shibie, all signs point to a rapid selling out of the small seed funding round. Shibie stands apart with its unique amalgamation of two popular icons, emanating an irresistible charm. Moreover, Shibie’s determined and inclusive approach with a 20% $SHIBIE token supply allocated to DEX liquidity and 10% to centralized exchange (CEX) liquidity promises smooth trading from the launch itself. Shibie’s rigorous marketing strategy ensues a striking impression across media platforms, contributing to the buzz around it.
Taking the above into account, the high-risk nature of Crypto is widely acknowledged. Market conditions remain volatile as ever. But where there’s volatility, there’s an opportunity. This might be the chance for crypto enthusiasts to capitalize on Aptos and Shibie’s recent moves. But tread wisely, for the crypto market has been known to depict unexpected jitters.
Source: Cryptonews
