ApeCoin Price Drops Over 15%, Four Days After $1 Million BAYC NFT Hack

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ApeCoin has been one of the top performers this week, rising by over 30% this week and setting a new all-time high of $27. However, today the ApeCoin price dropped significantly by over 15%, only four days after the $1 million BAYC NFT hack, where a thief exploited Instagram to gain access to the Bored Ape Yacht Club’s official account, posting a phishing link and stealing NFTs out of users’ accounts. Let’s look at what the future holds for ApeCoin. $1 Million Worth of BAYC NFTs Stolen This week started quite rough with a hacker exploiting the official Bored Ape

The post ApeCoin Price Drops Over 15%, Four Days After $1 Million BAYC NFT Hack appeared first on The Merkle News.

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