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The large jump in the OI over the past 24 hours drew attention to ApeCoin speculator sentiment and was a sign of strong bullish conviction in the near-term

Gaming giant Animoca's daughter brand forges an ApeCoin incubator for auspicious builders.

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $28,400 level on Tuesday. Ethereum (CRYPTO: ETH), also edged higher, but traded below the key $1,600 mark this morning.

The Apecoin (APE) price has increased since reaching a new all-time low price of $0.99 on October 9.

The initiative aimed at bringing more value to the APE token and the ‘wider ecosystem' is funded by ApeCoin DAO with support from Animoca Brands.

ApeCoin's future is uncertain as a substantial token unlock looms, posing both price challenges and opportunities for investors.

Forj, under Animoca Brands, has inaugurated the $APE Accelerator to bolster the ApeCoin ecosystem. The accelerator is now open for applications, inviting innovative Web3 projects to leverage the platform and connect with a substantial ApeCoin community.

Animoca Brands' Forj says it went with ApeCoin because "it has the most collaborative and socially engaged community across Web3."

A bearish structure continues on Apecoin's price chart, with bullish recovery lacking the needed momentum.

ApeCoin (APE) will undergo a token unlock valued at $16.69 million. This development comes amidst the token's bearish price action, which has led to it losing half its market value in Q3 2023.

The crypto space struggles to regain momentum as the market constantly trades in the red. Bitcoin and top altcoins continue to hover around their support levels as the industry trades under the bear's influence. The APE price has been trading in a consolidated range of $1.078 and $1.

Polygon's Sandeep Nailwal has advised the ApeCoin DAO to take the protocol off the Ethereum network and build its own zero-knowledge Layer-2 blockchain.

Sandeep Nailwal, the co-founder of Polygon Labs, has proposed a new zero-knowledge L2 solution to support the growth of ApeCoin and the ApeCoin community.

Polygon Labs co-founder Sandeep Nailwal proposed the ApeCoin DAO develop a zk-powered Ethereum Layer 2 using Polygon's CDK.

Story Highlights The live price of Apecoin is . APE coin price may reach a high of $3.392 by the end of 2023. Apecoin with a potential surge could reach a maximum of $25.397 by the end of 2030. The market represented an assorted set of opinions on ApeCoin.

A number of altcoins—including two Bitcoin forks—have faltered as markets sank today.

Previous bull markets in crypto showed how fortunes can be made and lost in the blink of an eye.

The market sentiment of ApeCoin was heavily bearish, and the Fibonacci retracement and extension levels could be important in the coming days

ApeCoin's massive downtrend came to a halt with a 15% bullish rebound but bearish signs still persist.

September was a slightly bullish month for the cryptocurrency market. The pace picked up during the end of the month, especially in the Bitcoin (BTC) price.

A sigh of relief for $APE holders: top analysts observe the underbought ApeCoin exiting the danger zone.

Using the MVRV metric, Santiment noted that APE has left the danger zone. Is an opportunity nearby?

Apecoin DAO commits $12.5 million to the Digital Art Movement, and announces the launch of a novel governance token, $DAM.

Although there has been some resistance, members of the ApeCoin's governance forum have mostly voted in favor of a proposal to establish a sister DAO for NFTS.