The cryptocurrency
ApeCoin (APE) has been on a rollercoaster of ups and downs. Despite a notable gain of 10%, holders remain burdened by heavy losses, mirroring the turbulent nature of crypto markets. Meanwhile, Norway's burgeoning cryptocurrency scene has left analysts pondering if it is set to ape Bitcoin using its substantial oil wealth. Moreover, the
SEC has dropped its investigation into
Yuga Labs, which had implications for BAYC NFTs and ApeCoin. In a significant milestone, ApeCoin experienced a 100% surge in value following the debut of ApeChain by Yuga Labs. The ApeCoin Foundation has also appointed
Cameron Kates of Yuga Labs as the new CEO. Understanding how to stake ApeCoins on ApeChain is now feasible with an ultimate guide made available. Notably, Coinbase's base has seen an uptick in meme coin trading, leading to significant financial loss for traders. Apecoin, however, has prospects for future growth with price predictions suggesting considerable value increases in the upcoming years. Apecoins' future sees significant speculation of potential corrections, with information on how to buy the crypto asset widely available. Yuga Labs backing of ApeCoin resulted in the launch of its mainnet chain, dubbed ApeChain, leading to an over 100% increase in APE price. Cryptocurrency observers are speculating ApeCoin to be the next significant memecoin to take over Solana. In contrast, others believe ApeCoin's positive outlook could falter due to declining interest from high-value
crypto whales.
APE Coin News Analytics from Thu, 17 Mar 2022 07:00:00 GMT to Mon, 28 Apr 2025 14:17:15 GMT -
Rating 4
- Innovation 8
- Information 6
- Rumor -3
