Days Before Major Development Apecoin Jumps 40 Percent
Bored Ape Yacht Club’s native cryptocurrency, ApeCoin (APE), has gained significant bullish momentum compared to other digital assets over the past two weeks. The price of ApeCoin has increased by about 43 percent in the last two weeks, trading around 4.07 dollars today.
ApeCoin, which has a market capitalization of approximately 1,530,213,931 dollars, recorded an average trading volume of 277 million dollars in the last 24 hours. The increase in activity in the ApeCoin ecosystem over the past few weeks is attributed to the long-awaited staking program scheduled for December 12.
There are currently 361.250,000 APEs in circulation. Approximately 639,000 APE will be used in staking rewards. Therefore, we can say that the ApeCoin ecosystem is preparing to attract more attention in the coming months. Crypto staking has been described as a better way to reward community members with minimal energy consumption.
Kaynak: https://www.business2community.com/cryptocurrency/apecoin-price-prediction