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The announcement of staking rewards for ApeCoin [APE] generated a lot of interest. There was an upsurge in buying the token itself, along with its associated NFTs.
PRESS RELEASE. INTERNET CITY, DUBAI, Dec 16, 2022 – LBank Exchange, a global digital asset trading platform, has recently launched ApeCoin (APE) staking in its “Earn” – “Flexible” section, users will be able to earn APE token with an annual return of 175% (floating adjustment), and withdraw anytime without locking.
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ApeCoin [APE] staking launched on 6 November, much to the delight of its holders, who were looking forward to future benefits. According to the official staking site's guidelines, awards were first earned on 12 December.
Cryptocurrency prices were slightly up at the time of reporting as the price of major cryptocurrencies rose marginally during the early morning trading hours on Tuesday (13 December 2022). The global crypto market cap is $848.03B, a 0.83% increase over the last day.
Although the virtual currency sector imploded, you still turn the red into good news with cryptos to sell for tax-loss harvesting.
Top 5 NFT Coins To Buy Before Entering 2023: In 2022, the NFT market received tremendous attention from investors, causing the coins associated with it to skyrocket within a short period. However, the ongoing downtrend in the crypto market tumbled these coins significantly and brought heavy discounts for interest buyers.
The excitement around APE reached its peak as the hype around the token increased NFTs, such as BAYC and MAYC, observed growth The announcement of ApeCoin's [APE] staking rewards increased the hype around the token. Subsequently, there was a lot of interest in the token and the NFTs associated with it.
Apecoin's recent growth leads to a bullish breakout from a long-term resistance trendline. This breakout could offer significant footing for buyers to lead a recovery rally with growth potential to surpass $5.1.
Hundreds of millions of dollars now staked in APE, with its price reacting respectfully
These three cryptos to sell are among the riskiest bets investors can make in December, particularly in this current macro environment.
APE released its latest transparency report. A few of the metrics and indicators of the alt looked bullish.
The metaverse is the next big technology platform. But don't just take our word for it: this is a direct quote from Bloomberg, which predicts that the metaverse will be an $800 billion market by 2024.
The NFT market is showing signs of recovery, and ApeCoin is already pumping in anticipation.
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.
The global crypto market has witnessed a continuous negative change in performance. The recent data for Bitcoin, Ethereum, and others show a continuous recession.
Worst Metaverse Tokens This Week: In the Metaverse ecosystem, all the coins have responded negatively today. Major coins in this ecosystem like ApeCoin, The Sandbox, and Decentraland have slipped down by a decent percentage.
What if I told you the key to create generational wealth could come down to just identifying and picking a couple of massive potential crypto coins.
ApeCoin (CRYPTO: APE), the native token behind the Yuga Labs ecosystem is up 5% in the last 24 hours, becoming one of the top gainers of the day. What Happened: The surge came as the Ape Foundation on Tuesday started permitting investors to stake their APE, and more than $30 million worth of the tokens were deposited into its contract.
ApeCoin officially began the staking on its network and it only took a few hours to hit $20 million APE ‘s NVT showed that circulation outpaced the network value Blockchain development firm, HorizenLabs, announced that the long-awaited ApeCoin [APE] staking was finally live. According to the update, the pre-commitment period had begun.
APE staking rewards are coming soon, and the price is rising as token and NFT holders prepare to start earning.
A descending trendline has been carrying the ongoing downtrend in Apecoin price for the past four months. After the recent recovery, the prices return to this trendline, attempting a bullish breakout.
Some Bored Ape holders are losing their staked ApeCoin tokens because they failed to delist their paired NFTs. The post Apecoin holders are losing their staked tokens when paired Bored Apes get sold appeared first on The Block.
Over $20 million worth of ApeCoin (APE) has been staked less than 24 hours after its staking feature went live, according to Etherscan data. The post Over $20M staked as ApeCoin staking goes live appeared first on CryptoSlate.
