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The cryptocurrency exchange Huobi has announced plans to delist ten trading pairs on Monday. But not just any tokens.

While the cryptocurrency industry offers lucrative opportunities, not all cryptocurrencies are ideal for trading at all times. To assist traders and investors in making informed decisions, indicators such as price action, recent developments, and crypto rating platforms have been utilized to identify cryptocurrencies that may be wise to avoid in the near future.

APE Coin (APE) price declined 4% on Thursday despite the recent growth in the global altcoin markets. Investors are diverting attention from NFTs and affiliated tokens amid the resurgence of the crypto market.

ApeCoin (APE) has experienced a notable slump throughout the second quarter of this year. As the digital currency landscape continues to evolve, investors and enthusiasts have been closely monitoring the token's performance, eagerly awaiting signs of a potential turnaround.

APE's further downside likely if the lack of demand and increasing selling pressure persists unless BTC

Token unlock events happen frequently. Plenty of times, we can observe a temporary pullback of the token price.

AI and metaverse tokens are taking hits despite the hype over artificial intelligence and Apple's Vision Pro headset reveal. CoinDesk Executive Director of Global Content Emily Parker breaks down the underperformance of tokens affected by the SEC's lawsuits against Binance and Coinbase.

ApeCoin, the buzzing cryptocurrency governed by ApeCoin DAO, is sailing in tumultuous waters with a 28% drop in value over the last week. The unsettling salary revelations of the DAO's leadership have stirred up a storm within the community.

The ApeCoin decentralized autonomous organization (DAO) has sparked a debate regarding the six-figure annual salaries received by its Special Council

The decentralized autonomous organization behind ApeCoin, the native currency of the Bored Ape Yacht Club ecosystem, pays each member of its Special Council $20,833 per month.

One community member described the salaries as "insanely out of touch," while another Twitter user accused those who established the rates of being "disconnected from reality."

ApeCoin Price Prediction 2023-2032 The NFT industry has been booming for the past few years, and there is no stopping it anytime soon. The NFT project Bored Ape Yacht Club has been one of the most successful in the blockchain industry.

ApeCoin (APE), created by Yuga Labs, once soared to great heights, capturing the attention of investors and enthusiasts alike. However, recent developments have cast a dark cloud over the once-promising digital asset.

Yuga Labs' ApeCoin holders face financial losses with 95% in the red. Negative sentiment, declining network growth, and short-term dominance present challenges for its price stability.

Cryptocurrency prices staged a strong recovery even as the Securities and Exchange Commission (SEC) continued its battle against digital coins. On Monday, the SEC launched a lawsuit against Binance and CZ, as we wrote here. And on Tuesday, it sued Coinbase, the biggest crypto company in the United States.

APE hovered just above the key support level of $3.20 with sellers looking to continue the bearish trend.

As APE continues to see more contraction on the price charts, this is how the odds stack up against long-term holders.

Compared to Q3 and Q4 of 2022, the growth in the number of APE holders was much higher in the Q1 of 2023.

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

Apecoin rebounded from $3.20 which could see it record more bullish gains, especially if Bitcoin reclaims $30k.

Forj, a subsidiary of Animoca Brands and a leader in Web3 technology, has received approval from the DAO of ApeCoin to launch Ape Accelerator.

In a recent development, ApeCoin has approved a new governance proposal.

Crypto News: The NFT-based ApeCoin has been on a roller-coaster ride this year as it has shown both unpredictable highs & lows. Recently, the DAO governing the APE project, voted in favor of a community proposal that would result in the development of an Accelerator that promotes the incubation of projects utilizing ApeCoin tokens (APE)

The Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.