APE’s Price Movement Continues To Impress, up 8+% in 24 Hours

ApeCoin (APE) is up 8+% in the last 24 hours as the market turns slightly bullish in the last 24 hours, according to CoinMarketCap. The price of APE currently stands at $19.89.

APE is up 8.94% in the last 24 hours and has been performing well over the last seven days—a period that has seen the majority of prices in the cryptocurrency market fall. The last week has seen the price of APE rise by over 27%. When looking at the monthly chart, the price of APE has risen in the last month as well by 38.23%.

APE is also 10th on CoinMarketCap’s trending crypto projects list after being 2nd on the trending list for the last couple of days. The coin is also ranked 27th in terms of market cap, with its market cap standing at over $5.6 billion.

Despite the coin dropping a few positions on CoinMarketCap’s trending list, the number of holders has continued to increase over the last 24 hours as 1,956 new holders enter the ecosystem. The number of unique wallet addresses that hold the coin totals 56,044.

The coin is still actively traded as the 24-hour trading volume has increased by 14.28% to take the daily trading volume to above $1.8 billion.

The bullish momentum may continue for APE as it already edges closer to becoming the top metaverse coin. If it can build its presence in the NFT sector as well then investors could expect the price of APE to skyrocket.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.