Ape coin staking started with great success for Yuga Labs and BAYC members. However, the macro economic conditions put additional stress on the Ape coin especially if it leads the members to cash out their stake rewards consistently. It will create consistent downward price pressure on APE. Technicals indicate price action to revisit under $3 again.
APECOIN APEUSDT - Bullish on Yuga Labs Ecosystem Currently no position - Looking at building spot Watching reaction at the 618fib 4.02/bottom of current micro uptrend off the lows Looking to long in this area on support volume/swapping into some spot Will add on further breakdown A short is possible on the rejection here at 4.322 with a reverse or close to...
ApeCoin has been selling off since its most recent pump. It has broken all supports and is now looking to move towards its final support zone which is shown on the chart above. After reaching that support zone I've mapped out how I think it will react over the next few weeks. This is purely a guess but with the community it has, this is very possible. Love it or...
ApeCoin caused massive waves in the crypto community the past 2 days and we all know why. This project should not be looked at as a meme coin. This project has utility and a strong community. This community floor net worth is over 100k so with that being said there's a lot of big money in this project already and personally, I think this can be one of the most...
Do people price NFT's in USD or ETH? It seems that people still value the USD price more than ETH. You can see that in this trend as the MAYC price does up with ETH does down and visa versa.