ApeCoin has experienced a significant
price surge, often connected with the development and launch of its mainnet chain,
ApeChain, by
Yuga Labs. The launch resulted in a
100% price increase, pushing ApeCoin amongst the top 100 coins. Analysis shows an
ascending channel targetting $2.10 per coin, with some predictions even foreseeing the price to hit $5 due to the formation of two rare patterns. Despite being categorized as a
memecoin, ApeCoin appears to be positioning itself for a stable rise in the cryptocurrency market. There has been a surge in
whale activity, leading to increased ApeCoin transactions, though some whales appear to be offloading amidst the rate surge. As
ApeChain launches, ApeCoin experienced an additional 100% price rise with a significant decline in whale support. Some experts speculate a possible price correction in the future. Other engagements include the proposed creation of a
Bored Ape-themed hotel in Bangkok by ApeCoin holders.
Apecoin users can look forward to the launch of .APE domain names by D3. Even with some skepticism, traders are showing interest in ApeCoin in PowerTrade's Altcoin Options Market, while investors curiously watch for the coin's next move.
APE Coin News Analytics from Wed, 16 Mar 2022 22:03:04 GMT to Sat, 01 Feb 2025 08:00:00 GMT -
Rating 7
- Innovation -1
- Information 8
- Rumor -5
