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Some APE holders are cashing out following word that the SEC is probing Yuga Labs over potential securities violations.

ApeCoin (APE) is trending to the downside as the U.S. Securities and Exchange Commission (SEC) announces an investigation against its parent company, Yuga Labs. The creators of popular non-fungible token (NFT) collections, including Bored Ape Yacht Club (BAYC), the regulator will look into a potential violation of their securities laws.

ApeCoin, a token airdropped to holders of Bored Ape Yacht Club (BAYC) NFTs, suddenly dived on rumors of SEC investigation.

A popular opinion within global communities is that crypto is a get-rich-quick scheme. This is a result of media propaganda, and while it is a common misconception, cryptocurrency investing is still a very legitimate and lucrative means of income generation.

SPONSORED POST* The cryptocurrency markets can be highly volatile, so finding a low-risk passive investment strategy, which offers sizable returns that remain the same under any market conditions can be tough.  There is one crypto investment option that is becoming increasingly popular as the bear run continues.

Upon the recent failure of the crypto market, Solana (SOL) and Apecoin (APE) could experience significant gains in the recent past. However, Flasko appears to be the presale powerhouse, overtaking both those coins.

Even though the cryptocurrency market hasn't recovered from its bear market lows, the faith of crypto enthusiasts remains undimmed. Although the market has been declining, some investors are hoping it will eventually rise again.

Since its launch, Apecoin's price has cratered and currently trades at more than 80 per cent below its all-time price high of $39.

Since Monday, the price of Apecoin has enjoyed a two-day gaining run.However, the APE price retreats and is reversing Tuesday's gains.A Friday negative weekly closing that breaches $5 to the downside might put the market in danger.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

The ApeCoinDAO was on a consistent path of making progress with regards to strengthening its DAO and community in the past. Recently, the DAO updated the ApeCoin community on its plans related to the governance protocol in the near future.

BendDAO plans to introduce a BendEarn NFT platform that enables staking of major tokens like ApeCoin, Bored Ape, Mutant Ape, and Bored Ape Kennel Club NFTs. The NFT platform will allow BendDAO users to earn passive income with NFTs through the available innovative features like a dashboard, four staking pools, and market tools.

With the decentralized peer-to-peer NFT liquidity platform, BendDAO plans to pump up more APE stakings to maximize user revenue. Accordingly, the protocol aims to reform the Yuga-based non-fungible tokens (NFT) following the latest proposal from its community.

BendDAO is considering a proposal for it to build a platform called BendEarn, which will allow staking of ApeCoin tokens and Yuga Labs NFTs. The post NFT lender BendDAO mulling creation of ApeCoin staking platform appeared first on The Block.

ApeCoin has recently made it to the top 10 in terms of trading volume from over 100 of the largest ETH whales as seen in the past 24 hours. APE made it to the top 10 in terms of trading volume ApeCoin's MRV has been seeing sustained growth APE price up by 1.46% The Bored Ape Yacht Club isn't running out of cards to play with the integration of a new staking rewards program that caught the attention of many ETH whales.

Apecoin price has entered its fourth consecutive bearish session after dropping by less than a percentage point in today's trading session.

ApeCoin is not ‘monkeying' around as the Bored Ape Yacht Club (BAYC) token has managed to get the attention of Ethereum whales. ApeCoin's community has put forth multiple proposals off late.

The introduction of a new staking rewards program could change the investment narrative for ApeCoin.

The crypto market has been thriving for several years and the trend is expected to continue. As the sale and profits of cryptocurrency increase, it is critical to understand which ones to buy in order to maximize earning potential.

The cryptocurrency market has dropped by 1.3% in the past 24 hours. Its total cap now stands at $965 billion, representing a dip of 0.5% in a week, and a drop of 5% in a month. However, while prices are down on average, a number of coins have posted some notable gains in the past day, as well as in the past week. This article takes a look at them, compiling the biggest crypto gainers today, including IOTA, LUNA, QNT, ZEC and TAMA.

Quick Take ApeCoin aims to fuel innovation at the intersection of culture, gaming, and commerce. Governance is conducted through the synergistic relationship between the ApeCoin DAO and the APE Foundation. Several monumental Ape Improvement Proposals (AIPs) have fundamentally shaped the ecosystem's development.

It might be difficult to find the next big thing in crypto when there are over 20,000 different digital assets to choose from. In-depth analysis by crypto experts and investors has helped us zero in on these 3 digital assets as the best crypto to purchase for maximum returns in 2023.

ApeCoin is up 4% amid optimistic fundamentals from the network.

In our previous Apecoin price analysis, we accounted for the formation of an inverted pennant pattern and how it will influence the coin's future price. Currently, the coin price trades at the $5.6 mark and indicates an intraday growth of 4.26%.