ApeCoin (APE) has been showing strong performance as per three key indicators.
Yuga Labs, the entity backing ApeCoin, announced that the SEC has dropped its ongoing investigation into its activities. In recent news, the price of
Apecoin surged by 100% when the ApeChain, developed by Yuga Labs, was launched. The launch also triggered a spike in whale activity for ApeCoin, Floki, Aave, and Jasmy. Mainnet chain, dubbed as
ApeChain, was introduced causing APE price to surge over 100%. Projections suggest that ApeCoin could potentially hit $5 as it forms two unique patterns. The coin recently made a comeback into the list of top 100 cryptocurrencies after rallying by 66%.
ApeCoin has reported a reversal in its value after experiencing a dramatic surge. An increase in support from whales boosted the APE price by 100% post the launch of
ApeChain. Technology integration was demonstrated by Bitget Wallet with ApeChain for enhanced DApp and meme coin trading. However, skepticism persists around its recent rally as interest from high-value investors, also known as ‘whales’, has started to wane. Furthermore, ApeCoin has also unveiled its blueprint for ApeChain in hopes of attracting creators to the network. It remains to be seen if the launch of ApeChain has ended the bull run for ApeCoin or if it is just gearing up for the next big surge.
APE Coin News Analytics from Thu, 17 Mar 2022 07:00:00 GMT to Tue, 04 Mar 2025 00:45:00 GMT -
Rating 6
- Innovation 4
- Information 4
- Rumor -2
