Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market. Go to Source Powered by WPeMatico
ApeCoin
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ApeCoin Price Down 50% In 4 Days, Should You Buy the Dip?
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 … Read more
What Really Happened With ApeCoin’s Otherside Metaverse Land Sale
The Otherside Metaverse land sale happened earlier today and sold out within minutes, selling over $200 million in virtual real estate in ApeCoin’s upcoming Metaverse. Each plot of land cost 305 APE, roughly $5k at writing. Unfortunately, due to the high user on-chain activity during the land sale, users experienced unexpected gas fees upwards of … Read more
ApeCoin slides 40% in three days despite Otherside metaverse land sale — here’s why
APE price could see more downside in the coming days as the Otherside hype cools down. Go to Source Powered by WPeMatico
ApeCoin Price Drops Over 15%, Four Days After $1 Million BAYC NFT Hack
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 … Read more
2 key metrics point toward further downside for the entire crypto market
Futures data and decreased demand for Tether signal that the crypto market is set for another round of pain. Go to Source Powered by WPeMatico
Finder’s Experts Predict Apecoin Will End 2022 at $27 per Token, 75% Think APE Is Just ‘Another Memecoin’
On April 28, 2022, the crypto asset apecoin tapped an all-time high (ATH) tapping $26.70 per unit and the digital currency has taken the 25th largest market capitalization among 13,371 cryptocurrencies. The same day, the product comparison platform Finder published its prediction report that covers apecoin’s market performance and Finder’s surveyed panelists predict apecoin will … Read more
ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead?
APE price now risks crashing by almost 20% from today’s price based on its rising wedge pattern. Go to Source Powered by WPeMatico
ApeCoin Price Continues to Surge Amid Community-led Proposal on BAYC NFT Staking
ApeCoin price continues its rally after today’s Twitter Space, where members of the ApeCoin community and DAO discussed a proposal on staking mechanics for the token. Two new proposals were submitted by the ApeCoin community, suggesting a staking process and an allocation of the ecosystem fund for staking pools. Let’s look at the proposals and … Read more
Top 5 cryptocurrencies to watch this week: BTC, DOT, XMR, APE, CAKE
Bitcoin bulls are attempting to reclaim the $40,000 level and if this happens, DOT, XMR, APE and CAKE could be the first altcoins to break out. Go to Source Powered by WPeMatico
