Several altcoins are gaining attention as the cryptocurrency market is on the mend, including ApeCoin (APE) and Curve DAO (CRV), which have increased by 17% and 24% over the previous 24 hours, respectively. People are becoming more optimistic as a result of these improvements. ApeCoin (APE) is ranked number thirty-three in the top 100 coins. It is an ERC-20 token generated for governance and utility. The decentralized autonomous organization ApeCoin DAO developed and debuted the coin and is based on the Ethereum blockchain network. Related Reading | TA: Ethereum Eyes Fresh Surge, Why ETH Could Surpass $1,700 APE has climbed dramatically from its June low of $3.1189. According to data from CoinGecko, the price of ApeCoin today is $6.7739, up 17% from the previous day and 43% from the last week. Its current market cap is $2.08 billion, with a significant rise of 16% during the last 24 hours. APE is linked to the well-known Bored Ape Yacht Club. Yuga Labs developed the Bored Ape Yacht Club, a 10,000-strong non-fungible tokens (NFTs) with an ape theme with various aspects and distinctive qualities, such as digital art, image, music, and video files that have been tokenized and protected using blockchain technology. Its price increased after Yuga Labs gave a select group of gamers a sneak peek into its Otherside metaverse. Therefore, this might be one of the key causes that contributed to the APE price increase. As per the ann...
