APES Explodes +50%: Is APES Crypto Set For Explosive Breakout?

The Bored Ape Yacht Club has taken the digital art world by storm, but now there’s a new APES crypto in town – watch out, BAYC. Apes Crypto has become the pulse of the movement, fueling the community’s vibrant life and shaping its governance with authority and vision in an exciting Telegram crypto gaming project that has seen 3-days of consistent upside returns. Here’s our price prediction for APE and one other new token to check out below.

APES Crypto’s Role in the BAYC Ecosystem

As APES sits in strong bullish form, APES is currently trading at a market price of $0.03 (representing 24-hour 67.9%).

This comes as APES continues to hold it’s 3-day long bullish uptick, which needs little explanation as price action holds tight in an ascendant trading channel.

Now standing at $28M market cap, APES growth this week has been nothing less than impressive, especially given the unlocked liquidity pool of just $675k.

(APESUSDT) Nevertheless, buy pressure remains strong in the order book, dominating transactions over the past 6 hours at 54% taker buys.

This bodes well and boosts confidence amid sustained high trading volume, representing an alluring $6.15m in the past four hours.

Yet, some warning signs appear from the RSI, which is severely overbought and overheating at 79.6 – suggesting a retracement could soon grip the chart.

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Competitors and Market Position for APE Crypto

In a market teeming with community coin heavyweights like Cat in a Dogs World, Heroes of Mavia and The Sandbox, ApeCoin faces the daunting task of carving out its niche.

Despite this, its link to BAYC and Yuga Labs gives it more than a fighting chance; it wields cultural clout and a loyal community as its secret weapons.

Not much talk about $APES right now

Don't worry it is how things work, people talk and buy when they see a green god candle in the chart

Yeah… don't be that person 😅

You know, but are you going to do something?@apescreener still under 2M, currently sitting at 1,4M 🙅🧠 pic.twitter.com/pMLaJdzkxd

— GemsbyM 🌊 (@GemsbyMoes) August 24, 2024

ApeCoin’s future is painted in bright hues as experts at 99Bitcoins foresee a surge driven by favorable markets and relentless innovation.

99Bitcoin predicts a $1 breakthrough by 2025, a testament to its potential. With its presence on exchanges like Coinbase and Binance, ApeCoin remains within reach for retail investors and those looking to join one of the biggest DAO communities in the space.

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EXPLORE: 19 New Cryptocurrencies to Invest in 2024 Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.