ApeCoin’s treasury is held in segregated custody accounts via Coinbase Custody. Several influencers sold their APE holdings before the price plummeted. In the latest tweet, ApeCoin [APE] revealed its status regarding the FTX episode. Reportedly, the Ape Foundation does not hold any assets on FTX. The treasury has been held in segregated custody accounts via […]
’s on-chain metrics to better understand what might be in store for APE in the days to follow.
According to Santiment’s data, APE’s MVRV Ratio registered an uptick, giving further hope to investors for a continued price hike. APE’s network growth also increased when compared to the last week, which is yet another positive signal.’s NFT space witnessed growth over the last week as its total NFT trade count and NFT trade volume in USD went up.
Nonetheless, both metrics declined over the last two days. APE’s social volume also followed a similar route. Considering all the positives and negatives, it is quite difficult to find out what may be ahead, therefore caution is advised.Subscribe to get it daily in your inbox.
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