Latest News

Yuga Labs agreed with the maker of a copycat collection of the blue-chip Bored Ape Yacht Club NFTs.

“You shall not pass,” shouted Gandalf, the wizard of Tolkienian memory to the Barlog of Moria, and so seems to be doing the $6.40 resistance to ApeCoin.

Dookey Dash's success caught many eyeballs, as its popularity was something to be considered. BAYC has announced that they will wind up to the end of the Sewer Pass claim and the Dookey Dash experience on 8 February

These five altcoins had the worst performance in the crypto market this week.

If crypto investors have learned any lesson following the 2022 crypto winter, it's this: only invest in projects that promise real-world utility, long-term value and success roadmap, and innovative features and functionalities. This is where BudBlockz comes into play – amongst a handful of new crypto projects that have skyrocketed to success and popularity in just a few months.

A persistent decline in Apecoin's [APE] value in Q4 2022, aggravated by the unexpected implosion of cryptocurrency exchange FTX, Messari, in a new report, found that the meme coin recorded a temporary surge in the number of new holders between October and December 2022.

ApeCoin may have hit a local top after a steady climb of 78% over the past six weeks, according to Santiment Analytics.

The last two months' recovery in the Apecoin price chart shows the formation of a rising channel pattern. Now, in theory, this s a famous bearish continuation pattern that triggers aggressive downfall upon the breakdown of its support trendline.

The fastest-growing segment of Web3 at the moment is play-to-earn gaming. While other blockchain industries have had difficulty, user numbers have continued to rise.

During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland's MANA and The Sandbox's SAND rising 92-150% against the greenback.

Wylie Aronow, a co-founder of Yuga Labs' Bored Ape Yacht Club (BAYC), has announced on Twitter that he will be taking a leave of absence from his role at Yuga Labs to focus on his health.

Is crypto back? Maybe.

The bulk of the cryptocurrency market entered 2023 with a great deal of optimism, as the majority of its crypto assets began showing good outcomes on charts spanning several timeframes. In the final days of January, we pick these top 5 cryptos that have a strong potential to increase by double-digits, or even more.

ApeCoin [APE] has been oscillating between $5.386 and $6.000 since 22 January. But it broke above the range and reached $6.410 after BTC surged to $23.8K.

ApeCoin (APE), the ERC-20 that powers Yuga Labs' web3 ecosystem, has been exploding to the upside in recent weeks. APE/USD was last changing hands at near $6.10, up nearly 70% since the start of the month and up around 130% versus last year's lows in the $2.60 area.

Rise of NFT industry could have been strong fuel for ApeCoin

The Bored Ape Yacht Club NFT collection has been the target of an exploit this January 20th. FranklinIsbored, one of the biggest holders of BAYC NFTs, is targeted with an exploit of OpenSea's stolen ApeCoin policy which allowed the attacker to sell a marked Bored Ape.

After an earlier report on 20 January, another Bored Ape Yacht Club [BAYC] NFT was the victim of OpenSea's stolen policy. According to the sixth largest BAYC holder, FranklinIsbored, one of his collections had been marked for suspicious activity after hackers tried to exploit the policy and run off with the NFT.

ApeCoin has performed well in recent weeks, and a breakout past the $6 level could be just a matter of time. Bitcoin also had a healthy outlook after sailing past the $22.5k resistance recently.

Are you wondering what the future holds for ApeCoin and thinking of investing in alternative metaverse tokens? You're in the right place. In this article, you'll discover an expert ApeCoin price analysis and why some APE investors have already put their money into an exciting new metaverse project known as Metacade.

A pair of new higher high and higher low formations in Apecoin's daily time frame chart create a sense of steady recovery in this coin. Moreover, the rising prices resonating between two parallel trend lines hint at a parallel channel pattern forming.

Ongoing lawsuits, layoffs, and prolonged crypto winter have had a significant impact on the market. According to CoinMarketCap.com, many cryptocurrencies saw their value plummet by more than 90%.

Based on Santiment's data, it was observed that the 1-year MVRV ratio for APE was much higher compared to other altcoins. This simply meant that most ApeCoin addresses holding onto APE would be generating a profit if they decided to sell.

ApeCoin [APE] has been in a price correction in the past three days. It dropped from $5.532 and was hovering around an immediate support at the time of writing.