ApeCoin (APE) is among the thriving cryptocurrencies today, exhibiting a positive trend. According to CoinMarketCap, the digital asset is currently trading at $4.08, reflecting a 2.18% surge in value within the last 24 hours. During this period, APE reached a high of $4.20 and a low of $1.07%, indicating a dynamic trading environment.
Over the last day, the altcoin has demonstrated a slight uptick in strength against Bitcoin (BTC), with a 0.15% increase. However, it has experienced a decline of 1.03% against Ethereum (ETH). Despite this, APE’s weekly performance has yet to meet expectations, with a decrease of over 7% in the past week. There is still room for improvement in the altcoin’s overall performance.
The 24-hour trading volume of APE has taken a dip, landing in the red zone with a current value of $97,720,511, marking a decrease of over 12% since yesterday. Despite this, APE still holds a strong market cap of $1,499,003,548, securing its position as the 41st largest cryptocurrency in market capitalization. Positioned just behind Stacks (STX) in the 40th spot and ahead of The Graph (GRT) at the 42nd, APE continues to hold its ground in the competitive cryptocurrency world.
This morning, the esteemed crypto whale tracking platform, WhaleStats, made a noteworthy announcement on Twitter regarding the top ETH whales. Per their latest post, APE has emerged as one of the most frequently utilized smart contracts among the top 5,000 ETH whales in the past 24 hours.
Unfortunately, APE failed to secure a spot on the roster of the most frequently employed smart contracts by the top 100 ETH whales in the last 24 hours.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
