ApeCoin Price Down 50% In 4 Days, Should You Buy the Dip?

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After an impressive rally last week, ApeCoin’s price is down more than 50% in the past four days, triggered mainly by the problematic Otherside Metaverse land sale, which essentially broke Ethereum’s blockchain and caused gas fees to surge to new record highs. Currently trading at $14, is it worth buying the dip for ApeCoin? Let’s look at the cryptocurrency and the project and see what the future might hold for APE. Problematic Otherside Metaverse Land Sale ApeCoin’s bearish price movement the past couple of days was triggered by issues surrounding its Metaverse sale. While the NFT Land mint sold out

The post ApeCoin Price Down 50% In 4 Days, Should You Buy the Dip? appeared first on The Merkle News.

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