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Cryptocurrency News Video
Yuga Labs' ApeCoin (APEUSD) token has already lost much of its value since its all-time high.
Apr 22, 2024 at 03:36 am Investidor(a) aBBButre
ApeCoin (APE), the Ethereum-based token that powers Yuga Labs' Bored Apes Yacht Club (BAYC) universe, has fallen to a new all-time low.
ApeCoin's new all-time low is now $1,000. The token is experiencing a slight recovery to $1,280.
The meteoric rise of Bored Apes Yacht Club NFTs in 2021 and 2022 established its 10,000 simian collectibles as Web3 icons. But, with the fluctuation of this market, the assets associated with Yuga Labs' great success lost momentum.
Drop in the price of Apecoin (APE)
ApeCoin hit the market in March 2022 at a price of US$8.54 and rose to US$26.70 the following month. Bored Apes also reached 152 ETH or $429K in April 2022, as Yuga's game Otherside was preparing to launch NFT-based lands that will allow players to customize their own spaces in the online world.
SOURCE: BitCoin Portal translated by Gustavo Martins with authorization from Decrypt
ATTENTION! This video is not a recommendation to buy or sell stocks, indices, funds, bonds, cryptos or commodities. Credits: BitCoin Portal
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.
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