- APE has captured the attention of both investors and enthusiasts, breathing new life into the token.
- However, pressure could mount if this momentum falters.
ApeCoin [APE] It is making waves in the cryptocurrency market, rising more than 60% in the past 24 hours and making a triumphant return to the top 100 cryptocurrencies.
With prices rising by a staggering 66%, excitement is palpable among investors. This increase comes on the heels of the upcoming launch of the bridge, raising curiosity about how much APE will rise in the coming days.
ApeCoin is back in the spotlight
ApeCoin has seen a major rebound, doubling its value in just two days. This comes after a rise expected Main network He releases.
After a difficult 2022 and a staggering 70% decline in 2024 – hitting a new low of $0.48 in August – this news has reinvigorated interest in the token, putting it back in the spotlight.
In addition to Apechain, the launch of Ape Express, a streamlined platform for creating memecoins, attracted more than 137,000 unique visitors and generated significant trading volume in just 24 hours.
Source: IntoTheBlock
With ApeCoin gaining traction, now closing near the early April price range at $1.80, it appears that the six-month slump has finally paid off, prompting many stakeholders to net a profit and reward their patience.
To be precise, around 22,000 APE wallets have made the switch, containing a staggering 179 million tokens.
These latest developments are sure to not only reignite confidence among existing stockholders, but are also attracting a wave of new investors eager to grab their shares before the FOMO phenomenon kicks in.
With new interest growing, ApeCoin is preparing for a lively comeback, and the buzz around it is exciting!
Everyone joins in the monkey craze
The great ape craze is spreading like wildfire, attracting the attention of investors and enthusiasts alike.
After bottoming out in August, bringing whale holdings down to 790 million coins, there has been a notable turnaround.
In just two months, these properties have risen to $805 million, reflecting an astonishing increase in interest.
Source: Santiment
The total number of cardholders has also risen significantly, surpassing a staggering 150,000.
Read ApeCoin [APE] Price forecasts 2024-2025
Overall, the future looks bright, as the hype around APE attracts new investors and whales while encouraging those in net loss positions to stay put.
However, keep an eye on these Attitude is crucial. If these holders decide to cash out, the rally could face a setback, making a pullback inevitable.
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