The post ApeCoin rallies 66% – But what’s stopping APE from hitting $1.80? appeared on BitcoinEthereumNews.com.

APE has captivated the attention of both investors and enthusiasts, breathing new life into the token.  However, pressure may mount if this momentum falters. ApeCoin [APE] is making waves in the crypto market, soaring over 60% in the last 24 hours and making a triumphant return to the top 100 cryptocurrencies.  With a stunning 66% price rally, excitement is palpable among investors. This surge comes on the heels of the highly anticipated bridge launch, sparking curiosity about just how high APE can soar in the days ahead. ApeCoin is back in the spotlight ApeCoin has seen a dramatic resurgence, doubling in value in just two days. This comes following the highly anticipated mainnet launch. After a challenging 2022 and a staggering 70% drop in 2024 – hitting a new low of $0.48 in August – this news has revitalized interest in the token, thrusting it back into the spotlight. In addition to Apechain, the launch of Ape Express, a streamlined platform for creating memecoins, has attracted over 137,000 unique visitors and generated substantial trading volume in just 24 hours. Source: IntoTheBlock As ApeCoin gains traction, now closing near its early April price range at $1.80, it seems the six-month slump has finally paid off, pushing many stakeholders into net profit and rewarding their patience.  To be precise, around 22,000 APE wallets have made the shift, holding a staggering 179 million tokens.  Certainly, these recent developments are not only reigniting faith among existing holders but also drawing in a wave of new investors eager to grab their share before the FOMO kicks in. With fresh interest brewing, ApeCoin is poised for a lively comeback, and the buzz around it is electric! Everyone is joining the APE craze The APE craze is spreading like wildfire, capturing the attention of both investors and enthusiasts.…

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Filed under: News - @ October 22, 2024 4:06 am