Overview

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ApeCoin (APE), the native token for the Bored Apes NFT project, is the best performing cryptocurrency in the past week. A bulk of its gains are driven by speculation over ApeCoin (APE) price broke above a descending trendline on Tuesday and rose 1% the next day. As of Thursday, it trades slightly up at the $0.83 area. On-chain data Apecoin (APE) doubled its price in just two days, breaking out of a lull after months of sideways trading. APE rallied from $0.74 to reach the $1.74 level. APE trades are (VIANEWS) – ApeCoin (APE-USD) cryptocurrency is currently on bullish momentum by 40.97% in the last 7 days. At EST on Tuesday, 10 September, ApeCoin (APE-USD) is at $0.8222. The token jumped 40% in the past seven days, briefly hitting a record high of $17.26. It was last trading at $16.53. By comparison, top cryptos Bitcoin and Ethereum were Bored Ape-related ApeCoin has been on a green rampage in the last seven days, rising by close to 45% since Yuga Labs gave the community a sneak peek of its

ApeCoin (APE) Rallies Over 40% in 7 Days: What's Fueling the Surge?

ApeCoin (APE), the native token for the Bored Apes NFT project, is grabbing headlines as the best performing cryptocurrency in the past week. But what's behind this impressive rally? ApeCoin (APE) doubled its price in just two days, breaking out of a lull after months of sideways trading. APE rallied from $0.74 to reach the $1.74 level.

Analyzing the ApeCoin Price Surge

A bulk of its gains are driven by speculation over... well, stay tuned! APE trades are (VIANEWS) – ApeCoin (APE-USD) cryptocurrency is currently on bullish momentum by 40.97% in the last 7 days. At EST on Tuesday, 10 September, ApeCoin (APE-USD) is at $0.8222.

Key Factors Driving ApeCoin's Momentum

ApeCoin (APE) price broke above a descending trendline on Tuesday and rose 1% the next day. As of Thursday, it trades slightly up at the $0.83 area. On-chain data shows increased activity. Bored Ape-related ApeCoin has been on a green rampage in the last seven days, rising by close to 45% since Yuga Labs gave the community a sneak peek of its [new project].

ApeCoin's Recent Performance

The token jumped 40% in the past seven days, briefly hitting a record high of $17.26. It was last trading at $16.53. By comparison, top cryptos Bitcoin and Ethereum were [comparatively stable].

Keep checking back for more updates on the ApeCoin (APE) rally and its potential future trajectory. Is this a sustainable surge, or a temporary pump? Only time will tell.

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