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Despite ApeCoin reporting a positive Q4, the price of APE experienced a decline.

D3 will lead the effort to prepare and submit the application after the majority (91.68%) of the ApeCoin community voted in favor of the proposal.

ApeCoin (APE) emerges as a contender with promising potential, captivating investors with its upward momentum and intriguing prospects. As the market eagerly anticipates APE's next move, let's delve into a detailed price forecast spanning from 2024 to 2033 to decipher whether ApeCoin has what it takes to break the elusive $3 resistance and soar to new heights.

Ditch these unattractive meme coins to avoid; prioritizing cryptos with genuine upside potential for the long-haul

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $73,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $4,000 mark this morning.

A handful of major gaming projects will collectively unlock nearly a quarter-billion dollars in tokens by the end of March.

Born amidst the rise of NFTs, ApeCoin symbolizes the convergence of creativity and technology within the blockchain space. With its origins rooted in the Bored Ape Yacht Club NFT collections, ApeCoin swiftly captured the imagination of crypto enthusiasts worldwide.

According to Token Unlocks, a platform closely monitoring token releases recently revealed significant unlocks in March involving prominent tokens like SUI, APT, ARB, APE, etc. However, The total unlock value exceeds $2.919 billion, indicating a crucial period for token liquidity and market dynamics.

ApeCoin (APE) witnesses noteworthy growth, with active addresses more than doubling over the past day. The memecoin project has 2,530 engaged addresses, reflecting the highest figure over the past six months. The increased wallet activity suggests soaring demand for APE among crypto enthusiasts. Meanwhile, that comes after ApeCoin holders suffered massive losses last week.

Crypto Price Analysis: On Monday, the cryptocurrency market witnessed a modest uptick marked by a 0.15% jump in the total market cap to currently stand at $1.98 Trillion. However, the leading digital asset, Bitcoin continues to prolong its sideways trend below the $53000 barrier waning the bullish momentum in the broader market.

Apecoin (APE) is experiencing a rollercoaster ride in 2024. After plummeting to an all-time low of $1.01 in October 2023, the Bored Ape Yacht Club governance token has experienced a dramatic turnaround, buoyed by strategic whale buying and a recent partnership with the Arbitrum network.

Apecoin whales have maintained a bullish disposition despite the recent market volatility. Here's how APE token price could react.

Story Highlights The live price of Apecoin is . APE coin price may reach a high of $4.022 by the end of 2024. Apecoin, with a potential surge, could reach a maximum of $21.642 by the end of 2030. The market represented an assorted set of opinions on ApeCoin.

ApeCoin breaks free from the merciless crypto bears as ApeChain's hype boosts APE to a fresh monthly high.

The highly anticipated "ApeChain," a dedicated blockchain for the Bored Ape Yacht Club (BAYC) ecosystem, has chosen leading layer-2 network Arbitrum.

Cryptocurrencies are broadly expected to do well this year now that the Securities & Exchange Commission of the United States has approved the Spot Bitcoin ETFs. The exchange-traded funds bring good news for the broader crypto space because what they do essentially is invite institutional money into Bitcoin.

ApeChain will operate as a Layer 3 network and will be controlled by Ape holders. Additionally, the Ape token will serve as a means to pay for transaction fees on the platform.

Polygon Labs' efforts to become the preferred Ethereum Layer 2 chain hits a snag.

TL;DR ApeCoin DAO has decided to develop its own ApeChain network on Arbitrum, a layer-2 Ethereum scaling solution, to handle high transaction volumes with lower fees. This decision is backed by Horizen Labs, known for its robust and secure blockchain platforms.

The decentralized community of ApeCoin has voted for developing the ApeChain network on Arbitrum with support from Horizen Labs.

The ApeCoin (APE) community has selected the Arbitrum (ARB) network to build ApeChain, a blockchain designed to enhance the meme coin's ecosystem and expand altcoin APE. NFT firm Yuga Labs congratulated Arbitrum, HorizenLabs, and OffChainLabs on joining forces to grow the altcoin. Meanwhile, the new blockchain will use APE for governance and paying gas.

Both crypto projects will see the release on the market of previously locked or limited tokens.

When tokens are unlocked, it can add more selling pressure to the market if there isn't enough demand to absorb the newly available tokens. Currently, data shows that there's a scheduled unlocking of $125 million worth of tokens from popular gaming and NFT projects The Sandbox (SAND) and ApeCoin (APE).

Token unlocks refer to the release of previously locked or restricted tokens into the market.