ApeCoin has seen a significant surge in price with rises of 100%, reportedly due to the launch of ApeChain by Yuga Labs. Experts suggest that holding APE coins could lead to substantial wealth by 2025, and they suggest watching this coin along with others like Solana and Dogecoin. Interestingly, ApeCoin has experienced both sudden gains and sharp reversals in its market performance. Coinbase is purportedly working on a Bored Ape film trilogy which may impact the coin's market. Notably, the coin has entered the top 100 alts, indicating a promising outlook. With the launch of the ApeChain mainnet, price went up more than 100%, despite declining whale support. However, the hype seemed to have fizzled out as traders shifted their profits to coins like XRP and IntelMarkets. APE token has been integrated into Bitget Wallet, enhancing DApp and meme coin trading. The utility of meme coins seems to be evolving with the advent of ApeChain. The rating reflects this. There has been a significant increase in whale transactions, and with upcoming token unlocks, the price could be affected significantly. Particularly, ApeCoinβs price could potentially reach $5 as it forms rare patterns.
APE Coin News Analytics from Thu, 04 Apr 2024 07:00:00 GMT to Mon, 30 Dec 2024 18:35:08 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 6