ApeCoin Rises 15% In Just 24 Hours, edges Over $4bn Market Cap

Emerging as one of the top performers of the day, the ApeCoin (APE) has witnessed an increase of more than 15% over the past 24 hours flawlessly. It started off at lows of $11.60, and the price suddenly moved to a whopping high of $13.47, making it one of the best increases of the day.

However, this justifies the highest price of APE for the past week. This is not actually the highest price as recorded during the past month. APE is optimistic and promises a good and valuable performance.

The highest record of the month is estimated at $15.43, which is a smaller amount than that of its all-time high of $16.47. Making its first appearance on the 17th of March, 2022, not even up to a month old, the altcoin has performed extremely well overall.

RELATED: Apecoin: Bored Ape Yacht Club launches token

The APE is the essential governance token behind the ApeCoin project, which is a DAO, Decentralized Autonomous Organisation, it is unmistakable with respect to its impressive performance.

ApeCoin is a DAO project which functions upon the ERC-20 blockchain. The ApeCoin is under the ApeCoin foundation. This foundation is supported directly by Yuga labs, they are the ones behind the creation of the Bored Ape Yacht Club.

The ApeCoin being a DAO project means that its aim is to establish and create the members of the community and the ApeCoin foundation. Also, to cultivate, maintain and evolve the ApeCoin ecosystem completely decentralized.

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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