Why Did ApeCoin (APE) Fall?
ApeCoin is the community-governed native token of popular NFT collectibles launched by Yuga Labs. These collections include famous NFT collections such as Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). ApeCoin runs on the Ethereum blockchain as an ERC-20-based token and can be used for access to games, merchandise, events and services.
ApeCoin has experienced a decrease of 1.14% in the last 24 hours and is traded at approximately 31.89 TL. APE was in an increasing trend for approximately 3 years. Today’s temperature is not seen as a development movement following the rise of APE.