ApeCoin

Get ApeCoin (APE) all time high price, historical charts, latest news and other information.

After several days of trading sideways around $27,000, bitcoin took a turn for the worse and dropped to its lowest price position in almost two weeks.
The altcoins are in no better shape, with ETH slipping below $1,800 and ADA dumping by 3% in a day. LDO is among the few exceptions with daily gains.
BTC Down to 2-Week Low
After the price slumped to $26,500 last week, bitcoin recovered most losses and stood at and above $27,000 during the weekend. The start of this week was even more positive as the cryptocurrency jumped to $27,500 on Tuesday to chart a multi-day high.
However, the bears intercepted the move and didn’t allow any further increases. Just the opposite, they pushed the asset back down to around $27,000.
The past 24 hours brought even more pain for the bulls as BTC dumped by over a grand at one point and dipped below $26,000 for the first time since May 13. Despite bouncing off and recovering a few hundred dollars since that low, bitcoin is still around 2% down on the day.
As such, its market capitalization has declined to $505 billion. Its dominance over the alts has also taken a slight hit and stands now at 46.1% on CMC.
BTCUSD. Source: TradingView
APE Drops Hard
As it typically happens when BTC heads south, so do most altcoins. Ethereum is a prime example. The second-largest digital asset is down by over 2% and trades below $1,800.
Binance Coin has retraced to $305 after a 1% daily decrease. More losses among the top 15 coins come from the likes of Ripple, Cardano, Dogecoin, Solana, Polkadot, Litecoin, Shiba Inu, and Avalanche.
However, ApeCoin and Algorand have dumped the most from the top 50. APE has slumped by over 8% to $3.2, while ALGO is down by 5% to $0.15.
The crypto market cap has shed another $20 billion in a day (and over $40 in two days) and is down to precisely $1.1 trillion on CMC.
Cryptocurrency Market Overview. Source: Quantify Crypto
The post Bitcoin Dumped to 2-Week Low, ApeCoin Nosedives 8% (Market Watch) appeared first on CryptoPotato.

ApeCoin has dumped the most today from the larger-cap alts. 

cryptopotato.com

Bitcoin Dumped to 2-Week Low, ApeCoin Nosedives 8% (Market Watch)

Bitcoin’s troubles continued in the past 24 hours, and the asset charted a new two-month low before recovering over a grand.
The altcoins are in the green today, with LDO taking the main stage with a massive double-digit price surge.
BTC’s Pump and Dump Keeps Rolling
The major news from the past week came when the US CPI numbers for April informed that the inflation rates had slowed down and were actually lower than the expectations. Bitcoin reacted positively to the news at first and spiked from $27,500 to almost $28,500 in minutes.
However, the landscape changed quickly, and the cryptocurrency plummeted by over a grand. More volatility in the opposite direction followed before the asset finally calmed at its starting point of $27,500.
That was short-lived, though, as Thursday and Friday brought more pain for the bulls. This culminated in a price drop to $25,800 late last night, which became BTC’s lowest position in approximately two months.
The bulls finally stepped up on the gas at this point and pushed bitcoin north. As a result, BTC pumped and touched $27,000. It has been unable to reclaim that level yet, though, and now sits inches below it.
Nevertheless, its market cap has neared $520 billion, but its dominance over the altcoins is slightly lower at 46.3%.
BTCUSD. Source: TradingView
LDO Steals the Show
The alternative coins also suffered badly in the past few days, but most have turned green now. ETH, for example, went from $2,000 to $1,700. A minor daily increase has pushed it now to $1,800. Binance Coin, Cardano, Dogecoin, Tron, Litecoin, Shiba Inu, and Avalanche have charted similar daily gains.
Solana has jumped the most from the larger-cap alts. SOL is up by roughly 5% and sits above $20. ARB, ApeCoin, and Near Protocol have added similar percentages in the past 24 hours.
Nevertheless, the day belongs to Lido DAO. LDO has soared by over 13% on a daily scale and trades at around $1.9.
The total crypto market cap has added over $30 billion since yesterday’s low and is at $1.2 trillion now.
Cryptocurrency Market Overview. Source: Quantify Crypto
The post LDO Explodes 13%, BTC Eyes $27K After New 2-Month Low (Weekend Watch) appeared first on CryptoPotato.

Solana, NEAR, and ApeCoin are the other notable gainers from the larger-cap alts. 

LDO Explodes 13%, BTC Eyes $27K After New 2-Month Low (Weekend Watch)

A leading analytics firm says that an Ethereum (ETH)-based altcoin that’s flying under the radar could be gearing up for a big surge.
In a new report, Santiment says that ApeCoin (APE), the native token of the Bored Ape Yacht Club community, is displaying the same on-chain signal that decentralized exchange Stargate Finance (STG) flashed late last month prior to its nearly 50% rally.

According to Santiment, APE’s network activity is on the up and up, which it says could be a precursor for a burst to the upside.
“We recently saw this with Stargate Finance. After a period of increased activity on the network, the price of STG surged. Could the same thing happen with Apecoin?
It certainly looks like it. We are seeing increased activity on APE, with token holders increasing their balances. This is a sign that the retail investors are getting involved, and that could be a sign of a price surge.” 
Source: Santiment
Although APE is giving off a bullish on-chain reading, Santiment says the signal does not guarantee that the metaverse-focused altcoin will rally. However, Santiment says that APE could be the first out of the gate if traders suddenly flip bullish on crypto.
“Of course, there is no guarantee that this will happen. The crypto market is unpredictable, and anything can happen. But if the market decides to turn around, Apecoin could be in a prime position to benefit.
It worked for Stargate, and it could work for Apecoin. We’ll just have to wait and see.” 
At time of writing, APE is trading for $4.23.
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Featured Image: Shutterstock/Salamahin/Angelatriks
The post Big Move Imminent for Ethereum-Based Altcoin, According to Analytics Firm Santiment appeared first on The Daily Hodl.


A leading analytics firm says that an Ethereum (ETH)-based altcoin that&#8217;s flying under the radar could be gearing up for a big surge. In a new report, Santiment says that ApeCoin (APE), the native token of the Bored Ape Yacht Club community, is displaying the same on-chain signal that decen...

dailyhodl.com

Big Move Imminent for Ethereum-Based Altcoin, According to Analytics Firm Santiment


Leading DeFi, NFT, and metaverse projects are set to unlock millions of tokens this month. Previous unlocks have been bearish in the short term, so how will this play out?



Token unlocks have become a popular way to slowly release locked assets into the market over a set period of time.



The theory is that the process aligns incentives for all project investors and stakeholders. However, the reality is that it often causes short-term volatility and price dumps.



Several large projects will be unlocking large chunks of tokens in April. These include derivatives exchange dYdX, NFT collective ApeCoin, Metaverse game Axie Infinity, ByBit DAO BitDAO, and the Ronin Network.



According to the Token Unlocks tracker, $7.2 million worth of tokens will be unlocked this week.



Token Unlocks Galore



This week will see 1inch, Galxe, and Tornado Cash unlock tokens. The following week is the turn of Moonbeam, dYdX, Aptos, and Euler, among other smaller projects.



On April 11, decentralized derivatives exchange dYdX will unlock 6.5 million tokens worth around $15.8 million. The chunk is equivalent to around 0.65% of the total supply, so the price impact should be minimal.



dYdX unlocks are scheduled every month until July 2026. Furthermore, from December 2023, the amount released increases substantially for the team and investors.



On April 17, 15.6 million APE tokens worth around $67 million at current prices will be released. This works out at 1.56% of the total supply so there could be some short-term downward momentum for prices. In February, APE prices tanked 10% following the release of 7.3 million APE coins onto the market.



Additionally, ApeCoin tokenomics are heavily slanted towards the team, treasury, and Yuga Labs, the firm behind the BAYC collection.



Short Term Volatility Expected



Also on April 17, Axie Infinity will unleash 3.9 million AXS tokens. These are currently valued at around $32 million and represent 1.45% of the total supply.



This is also expected to have a negative impact on short-term AXS market momentum.



The Aptos token unlock is scheduled for April 12, when 4.5 million APT tokens flood the markets. The tranche is valued at $51 million and represents 0.45% of the total supply.



Aptos is heavily venture capital controlled, with around half of the token supply dedicated to the team, foundation, and investors.



DeFi gaming platform ImmutableX will unload 18 million IMX tokens on April 22. They represent 0.9% of the total supply and are valued at $18.7 million.



Holders of these tokens are advised to be aware of short-term price volatility during unlocking periods.
The post Market Impact: Massive dYdX, ApeCoin, Aptos, Axie Infinity Token Unlocks in April appeared first on BeInCrypto.


Leading projects are set to unlock millions of tokens this month. Previous token unlocks have been bearish in the short term.
The post Market Impact: Massive dYdX, ApeCoin, Aptos, Axie Infinity Token Unlocks in April appeared first on BeInCrypto.


beincrypto.com

Market Impact: Massive dYdX, ApeCoin, Aptos, Axie Infinity Token Unlocks in April


The ApeCoin Community has voted on a proposal that suggested the creation of a new NFT series, rejecting the idea. ApeCoin Armory Club and Ape Coin Pet Club were the two NFT collections.



The ApeCoin DAO has rejected a proposal that would have introduced two new NFT collections. The two collections are Ape Coin Armory Club and Ape Coin Pet Club, which were designed to have 20,000 NFTs each. 83.95% of the voters rejected the proposal, with 10.01% of the community in favor of it. The NFTs would have been handed out to the crypto community for free, with the overall cost estimated at $168,000.



ApeCoin Community Voting Against New NFT Collections: Snapshot



The multi-link nature of the NFT collections meant that it could have been linked to other NFT and metaverse projects, like Otherside, Decentraland, and The Sandbox. One such possibility, which the proposal hints at, is that the NFTs could have appeared in the 3D worlds of other metaverse projects.



Images from Ape Coin Pet Club: AIP-206



The full proposal showcased images of the NFTs, with the ape logo appearing on a shield. There were also images of the pets that would have formed the Ape Coin Pet Club. The proposal claims that all of the NFTs from both collections “are unique in their own way some with more rare features.”



ApeCoin Team’s Otherside Second Trip Looked Like a Hit



Meanwhile, Yuga Labs, the company behind the Bored Ape Yacht Club, recently announced the Otherside Second Trip event captains. These captains are Jimmy Wong, Brycent, Lowbellie, and Cordell Broadus, and they led four separate teams.




Thanks to every one of the 7,200+ concurrent Voyagers who joined us for 2nd Trip, anyone who watched along on our official live stream, and @jfwong, @brycent_, @champmedici, and @lowbellie for leading their teams through the Trip. We hope you enjoyed your time in Otherside. pic.twitter.com/BOfKhnGPPg— Othersidemeta (@OthersideMeta) March 25, 2023




Second Trip is a virtual event where 10,000 hodlers of its Otherdeeds NFTs will test the Otherside metaverse experience. The event seemed to have been successful, with over 7,200 concurrent players at one point.



Yuga Labs’ Bitcoin NFTs a Success



NFTs still seem to have a strong pull on investors, with Bitcoin NFTs especially taking off. Yuga Labs recently auctioned its first Bitcoin-based NFT collection, raking in $16.5 million in just 24 hours. The highest bidder paid over 7 BTC for one of the assets in the Bitcoin Ordinal collection called TwelveFold.



NFTs are also growing in the mainstream world, with Amazon potentially releasing its own NFTs. Amazon Web Services has hinted at its foray into the space by announcing a collaboration with Ava Labs.
The post ApeCoin Community Rejects Proposal for Two New NFT Collection Series appeared first on BeInCrypto.


The ApeCoin DAO rejected a proposal for two new 20,000 NFT collections — Ape Coin Armory Club and Ape Coin Pet Club.
The post ApeCoin Community Rejects Proposal for Two New NFT Collection Series appeared first on BeInCrypto.


ApeCoin price	$3.16
Low - High 24H	$3.11 - $3.17
Market cap	$1.16B
Volume 24H	$37.09M
All time high	$26.70 -88.18% April 28th 2022
All time low	$2.63 20.14% November 14th 2022
Genesis date	N/A

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