In recent weeks, pressure in the NFT space has weighed on prominent collections of profile pictures (PFPs) like the Bored Ape Yacht Club. And that stress may have spilled over to ApeCoin (APE) too.

The crypto token associated with Yuga Labs’ namesake collection of 10,000 Bored Ape NFTs has fallen 15% over the past 14 days, scraping past an all-time low of $1.85 on Friday, according to CoinGecko.

As the NFT market struggles to find its footing again, ApeCoin continues to decline. Bored Ape NFTs have recovered $10,000 from recent, multi-year lows in terms of floor price, or the price of the cheapest NFT listed for sale from a collection. But ApeCoin came within two cents short of a newfound bottom on Monday following Friday’s fresh low.

The Ethereum-based ApeCoin made its Go to Source to See Full Article
Author: André Beganski

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details