ApeCoin Price Prediction 2022: Can APE Reach Above $50?

  Apecoin is a cryptocurrency that takes inspiration from renowned NFT collectables known as the Bored Ape Yacht Club. Which is the biggest NFT project by market capitalization. It left everyone astounded when the APE's price hit the $24 mark on April 29th. In just a few days after its launch on March 17.  The market …

Timeline of Apecoin-ape

A popular crypto trader and analyst is expressing bullish sentiment for Bitcoin (BTC) with a caveat. Pseudonymous crypto trader Altcoin Sherpa tells his 174,900 Twitter followers that he is “cautiously bullish” on Bitcoin while noting that corrections have typically followed BTC's upward moves in the past. According to Altcoin Sherpa, his bullish thesis will be The post Top Trader Is ‘Cautiously Bullish' on Bitcoin (BTC), Charts ApeCoin (APE), Ethereum-Rival and One Other Altcoin appeared first on The Daily Hodl.

Be[in]Crypto takes a look at the five altcoins that decreased the most over the past seven days, more specifically from April 30 to May 6.  The post ApeCoin (APE) Down More Than 50% Since All-Time High: Biggest Weekly Losers appeared first on BeInCrypto.

ApeCoin has been making waves since it was first announced by Yuga Labs, although like another digital asset, it, too, has had its ups and downs. It has recently made it back into the frontlines after its parent NFT collection, the Bored Ape Yacht Club (BAYC) gained the attention of billionaire Elon Musk.

Top metaverse tokens continue to soar higher amid skyrocketing interest in the space. After a decline in April, top metaverse tokens including ApeCoin (APE), Decentraland (MANA), The SandBox (SAND), and Axie Infinity (AXS) appear to have bottomed out, and are logging strong gains.

The ApeCoin community has voted in favor of three proposals linked to staking ApeCoin (APE) and restructuring its governance. The AIP-21 and AIP-22 staking proposals have received 91.55% and 91.17% votes in favor, respectively.

On May 4th, the Apecoin(APE) price rebounded from the 0.786 Fibonacci retracement level($14) with a long bullish engulfing candle of 10% intraday gain. Furthermore, this sudden gain was bounded by the event that the Billionaire Elon musk had his Twitter profile picture changed to a collage of several Bored Ape NFTs.

Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available via MATIC's 19,000 decentralized applications (dapps) and games. Apecoin

Elon Musk, for some odd reason, manages to shake up the core of the cryptocurrency market each time he says, does, or even thinks something. On 4 May, Musk went ahead and changed his Twitter display picture to a collection of Bored Ape Yacht Club (BAYC) NFTs followed by a tweet about the same.

APE just made a lot of noise, courtesy of another Elon Musk social media comment, which easily rouses the crypto market. Musk updated his Twitter profile photo on Wednesday to include various avatars from the Bored Ape Yacht Club collection of non-fungible tokens.

APE surges in one hour after Elon Musk put a BAYC Twitter profile picture which resulted in the 20% price increase as we can see more today in our latest altcoin news. The richest man on earth, Elon Musk, caused a stir once again in the crypto community after he decided to put a Bored