Cryptocurrencies

Text

What are the highest and lowest prices in ApeCoin history?

ApeCoin (APE) has experienced significant price fluctuations since its launch, with highs of $40.76 on November 28, 2021, and lows of $4.15 on June 18, 2022, driven by factors such as NFT market trends, crypto market conditions, and speculative trading.

Nov 15, 2024 at 10:06 pm

ApeCoin's Historical Price Fluctuations: Exploring the Highest and Lowest Points

ApeCoin (APE), a popular Ethereum-based cryptocurrency, has experienced significant price movements since its launch. To provide a comprehensive understanding of these fluctuations, this article delves into the coin's historical price highs and lows, analyzing the factors influencing these changes.

Highest Prices in ApeCoin History

November 28, 2021: $40.76
- APE surged to its all-time high on November 28, 2021, amidst the broader crypto market bull run and heightened interest in NFT-related projects.
December 20, 2021: $39.40
- APE's second-highest price point came less than a month after the all-time high, as the broader market continued to show strength and demand for NFTs remained high.
January 17, 2022: $32.41
- APE maintained its upward momentum even as the broader market began to cool, reaching its third-highest price point.

Lowest Prices in ApeCoin History

March 13, 2022: $5.29
- APE's sharp decline began in mid-March 2022, coinciding with a wider market sell-off and concerns over the sustainability of the NFT market.
May 12, 2022: $4.85
- APE's price continued to tumble as the crypto market witnessed an extended downturn and investors became more risk-averse.
June 18, 2022: $4.15
- APE's price reached its lowest point in mid-June 2022, marking a significant 90% decline from its all-time high.

Factors Influencing ApeCoin's Price Fluctuations

NFT Market Trends: ApeCoin's value is closely tied to the NFT market, as it is primarily used for NFT purchases and associated activities. Surges in NFT demand and sales typically lead to higher APE prices.
Crypto Market Conditions: APE's price is also influenced by broader crypto market trends. During bull markets, when the overall crypto market is rising, APE typically experiences higher prices. Conversely, during bear markets, APE's price tends to fall.
Community Sentiment: The ApeCoin community and broader investor sentiment can also impact price movements. Positive news, partnerships, and developments surrounding ApeCoin can boost prices, while negative news or events can lead to declines.
Supply and Demand Dynamics: ApeCoin's price is influenced by the supply and demand forces in the market. A surge in demand can lead to higher prices, while an increase in supply can put downward pressure on prices.
Speculative Trading: APE is actively traded in crypto exchanges, and speculative trading can lead to price volatility. Traders often buy and sell based on technical indicators, news, or sentiment, which can cause short-term price fluctuations.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

SOLO

$0.3281

205.52%

Trade Now
XYM

$0.0209

64.43%

Trade Now
SLERF

$0.4070

52.94%

Trade Now
SNEK

$0.0027

45.77%

Trade Now
MOB

$0.4175

34.20%

Trade Now
LUNA

$0.4863

32.85%

Trade Now

Latest Crypto News

Rollblock (RBLK) Token Shines in Crypto Rally: A Promising Presale Token to Watch
2024-11-16 18:25:01
Ripple’s Long-Awaited Return to 2018 Levels: XRP Price on Track for $3.92, While CertiK-Audited Rexas Finance (RXS) Eyes 12934% Gains
2024-11-16 18:25:01
The Quantum Revolution: How Quantum Computing Will Reshape Cryptocurrencies and the Digital Economy
2024-11-16 18:25:01
Dormant Bitcoin (BTC) Wallet From the Satoshi Era Transfers 2,000 BTC to Coinbase, Sending Shockwaves Through the Crypto Ecosystem
2024-11-16 18:15:02
Cathie Wood Reaffirms Bullish Bitcoin Outlook, Predicts a Base Price of $650K by 2030
2024-11-16 18:15:02
Bitwise Asset Management Pushes for Greater Access to Crypto Investments, Announces NYSE Arca Filing to List the Bitwise 10 Crypto Index Fund (BITW) as an ETP
2024-11-16 18:15:02

Related knowledge

What can GMX coins be used for?

Nov 16,2024 at 02:54am

GMX: Unlocking Limitless Possibilities with Revolutionary Blockchain TechnologyGMX, a decentralized exchange platform, has emerged as a pivotal player in the blockchain realm, offering a comprehensive suite of DeFi solutions. At its core is the GMX token, a utility-packed asset that empowers users to leverage the platform's robust features. This article...

What’s the future of GMX coin?

Nov 16,2024 at 03:48am

What's the Future of GMX Coin?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 50x leverage. The platform is powered by the GMX token, which is used to pay for trading fees and to participate in governance.Factors That Will Impact the Future of GMX Coin:Several factors will impact the future of GMX coin, i...

What formal platforms can buy and sell GMX coins?

Nov 16,2024 at 09:15am

What Formal Platforms Can Buy and Sell GMX Coins?GMX, the native token of the decentralized exchange GMX, is gaining popularity among traders seeking leveraged trading opportunities in the DeFi landscape. With its unique features and innovative design, GMX has carved a niche for itself in the crypto market, attracting investors and traders alike. As dem...

What is the market prospect of Siacoin?

Nov 16,2024 at 06:49am

What is the market prospect of Siacoin?Siacoin is a decentralized cloud storage platform that allows users to rent out their unused hard drive space in exchange for Siacoins, the platform's native cryptocurrency. It was founded in 2015 by David Vorick and Luke Champine.Siacoin has a number of advantages over traditional cloud storage providers, includin...

How to buy Siacoin on mobile phone

Nov 16,2024 at 10:46am

How to Buy Siacoin on Mobile PhoneSiacoin is a decentralized cloud storage platform that allows users to rent out their unused hard drive space to others. In return, they are rewarded with Siacoins, the platform's native cryptocurrency. Siacoin can be used to purchase storage space on the Sia network or traded for other cryptocurrencies.If you're intere...

What are the Siacoin trading platforms?

Nov 16,2024 at 03:30am

Comprehensive Guide to Siacoin Trading PlatformsSiacoin (SC), a decentralized cloud storage platform, has gained prominence as a secure and affordable alternative to traditional storage services. With the growing adoption of Siacoin, traders are seeking reliable and efficient platforms to trade SC tokens. This article provides a comprehensive overview o...