ApeCoin’s value increased over 20% in the last seven days The technical outlook projected a possible correction due to the asset hitting the overbought zone ApeCoin [APE], the governance and utility token of the Bored Ape Yacht Club [BAYC] have since started 2023 on a strong note. The token which endured several nosedives in 2022
![Assessing Apecoin’s [APE] potential to stay profitable in the coming days of 2023](https://images.cryptocompare.com/news/default/ambcrypto.png "Assessing Apecoin’s [APE] potential to stay profitable in the coming days of 2023")
