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The iconic luxury brand is now letting holders of ApeCoin purchase its products through Bitpay. Meanwhile, Michael Saylor has a new job.

After making more than 100%, is Apecoin still a good investment till the end of 2022? Let's analyze in this Apecoin price prediction article.

The price of the Bored Ape Yacht Club (BAYC)-affiliated crypto asset ApeCoin (APE) is going bananas as Gucci announces that it now accepts APE as payment for in-store purchases.

Yesterday's trading session saw Apecoin's price surge by 8 per cent. Today, the aggressive bullish push is looking poised to continue.

ApeCoin's success hinges on the founders' ability to transform the Bored Ape Yacht Club into a mass-market entertainment brand.

The Fear and Greed Index is 30 Fear and is -4 from yesterday's reading of Wednesday's reading of 34

The beginning of August month has been a good start for almost all of the cryptocurrencies. Bitcoin, Ethereum, Solana, Ethereum Classic along with ApeCoin gained their crucial price levels. Even the global crypto market cap reclaimed the $1 trillion mark.

The crypto markets opened fairly flat across the board today, adding 1.3% to bring total market capitalisation up to US$1.08tn. Bitcoin edged slightly over the US$23,000 line, while Ethereum stayed close to US$1,650.

A major non-exchange Ethereum ($ETH) whale has accumulated several altcoins in a massive buying spree that saw it add to its positions on the cryptocurrency's blockchain and saw the value of their account rise by more than $400 million.

A closely tracked crypto strategist is predicting dips for two altcoins while updating his forecast for Solana (SOL) and ApeCoin (APE). Pseudonymous crypto analyst Altcoin Sherpa tells his 180,700 Twitter followers that smart contract protocol Ethereum Classic (ETC) looks poised for a significant pullback after its steep rally over the past few weeks.

Ape Coin Price Prediction – August 3A close technical observation shows the ApeCoin market valuation trends northwardly in range points.

High-end fashion brands have remained unfazed by the ongoing bear market as web3 exploration continues.

Gucci, a high-end fashion giant, has announced support for ApeCoin (APE).

Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing.

ApeCoin (APE) price predictions are worth checking out today after Gucci announced it will accept the crypto for payments.

The Apecoin (APE) price ongoing recovery aims for another resistance breakout as its tag is $7.5 resistance. However, the combined resistance of 100-day EMA and the $7.5 level keeps the selling pressure intact.

Italian luxury fashion brand, Gucci, has just announced that it will accept Bored Ape Yacht Club-affiliated, ApeCoin (APE), at select U.S. stores.

Gucci has become the first major brand to accept in-store payments of ApeCoin, the Bored Ape Yacht Club-affiliated cryptocurrency. Customers of the high-end Italian fashion titan in America can now pay with Ape via the payment infrastructure provided by BitPay, which has also helped AMC accept digital currency payments in the past.

Gucci will be the first to accept payments in their stores in Apecoin. Gucci has expanded its Web3 initiatives by allowing crypto enthusiasts to pay for its products in its stores using ApeCoin, in addition to the 12 other digital currencies it already accepts.

Fashion brand Gucci has announced that it is adding ApeCoin to its list of accepted cryptocurrencies.  Gucci Customers Can Pay With APE Gucci will now be accepting APE payments.

Coinspeaker Gucci Becomes First Major Brand to Accept ApeCoin Payments in US

Gucci has added ApeCoin to its list of approved crypto payments, marking another step forward in the luxury brand's exploration of the crypto industry. Gucci, the high-end Italian fashion brand, has become the first big brand to accept ApeCoin payments.

Bitcoin price started a fresh increase above the USD 23,200 resistance zone and is currently (11:20 UTC) trading near USD 23,400. BTC is up 2% in a day and 10% in a week.

ApeCoin is the best top 50 performing cryptocurrency on Wednesday after Gucci announced it will accept APE payments.