Big Move Imminent for Ethereum-Based Altcoin, According to Analytics Firm Santiment
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.
Keep up with what's happening in the crypto world in real-time.
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.
The sudden increase in certain metrics for ApeCoin [APE] caught many off-guard, especially since there had been no significant activity for quite some time. In 2022, ApeCoin broke into the $20 range, and it seemed reasonable to assume that the upward trend would continue.
After breaking out above $26 last year, ApeCoin has been one of the more underappreciated assets of 2023. With APE's price crawling back to $4, which is approximately 90% down from its previous all-time high, many traders have already written it off.
Something big might be cooking for the fungible governance token ApeCoin (APE), a recent analysis posted by on-chain analytics platform Santiment suggests.
Novel Labs and Faraway are developing an independent city-building game that gives new life to Yuga Labs' Mutant Ape Yacht Club NFTs.
Leading projects are set to unlock millions of tokens this month. Previous token unlocks have been bearish in the short term.
March started with a series of US bank collapses, which brought uncertainty to the financial markets, including cryptocurrencies. Some digital assets have been under high selling pressure, marking notable drops.
The metaverse real estate market is still chugging away, despite an early bubble.
The increasing FUD in the crypto market has limited bullish growth in the majority of major cryptocurrencies. However, this ongoing consolidation phase could follow buyers to recuperate the exhausted bullish momentum and resume a sustained uptrend.
The Apecooin price currently trapped in a narrow consolidation phase revealed the formation of a bearish pennant pattern. This technical structure is one of the famous bearish continuation patterns which intensifies the underlying selling pressure once complete.
Home to multiple blue-chip NFT collections, Yuga Labs created ApeCoin [APE] to act as the governance token of its projects. Since then, several proposals have had to pass through a voting process before approval or rebuff.
More than 84% of delegates said no to the latest proposal
The ApeCoin DAO rejected a proposal for two new 20,000 NFT collections — Ape Coin Armory Club and Ape Coin Pet Club.
The crypto market's recent recovery has hit a minor roadblock as increasing FUD (fear, uncertainty, and doubt) among market participants has caused some hesitation. However, a temporary consolidation period could potentially benefit buyers, allowing for a recovery of bullish momentum and extending the positive trend observed over the last couple of weeks.
The increasing adoption of cryptocurrencies amid the U.S. bank crisis has brought the recovery sentiment back to the crypto market. While the overall market has shown significant growth in the last two weeks, today we'll focus on top NFT-related tokens to determine their future growth potential.
With an enticing Annual Percentage Yield (APY), ApeCoin [APE] unveiled its staking feature in December 2022, where it immediately drew over $30 million in bets on the first day. Despite the passage of several months since its introduction, investors remain committed.
ApeCoin (APE) is a cryptocurrency that takes inspiration from renowned NFT collectibles – the Boat Ape Yatch Club. Which is the biggest NFT project by market capitalization. It left everyone astounded when the price hit its All-time-high, in mere a couple of hours of its launch.
Apecoin [APE], the primary token of the Yuga Labs ecosystem, recently released about 40 million tokens in the market as part of its scheduled linear unlock.
After a major hack involving Bored Ape Yacht Club (BAYC) NFTs, the ApeCoin price prediction has been knocked down.
ApeCoin, a decentralized cryptocurrency that operates on the Ethereum blockchain, recently announced a 1-month linear unlock of 4% of its total token supply. The unlock event could cause significant price volatility for the token, as some investors may sell them in anticipation of a price drop.
Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices falling below the key $25,000 level on Wednesday. Ethereum (CRYPTO: ETH) also moved lower, falling below the $1,700 mark this morning.
This Fool almost gave up on digital real estate, but here's what stopped her.
Sharing a statistically significant positive correlation with Bitcoin [BTC], the rally in the king coin's price due to Federal regulators' decision to restore all deposits at Silicon Valley Bank (SVB) has resulted in price gains for Metaverse tokens like Apecoin [APE] and Decentraland [MANA].
Meme-token mania is once again taking over, as investors pile into risk-on trades today.