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ApeCoin Up 31% as Staking Nears, Bored Ape NFT Prices Rebound | Apecoin_VeChain_Elrond

ApeCoin Up 31% as Staking Nears, Bored Ape NFT Prices Rebound

ApeCoin
(APE), the Ethereum-based token created for the growing Bored Ape Yacht Club ecosystem, is outperforming most major cryptocurrencies during the last week. It’s now up 31% over the past seven days, with the increase coming ahead of the launch of ApeCoin staking rewards. The token is currently priced at $4.15, per data from CoinGecko, and has rebounded since hitting an all-time low price of $2.63 on November 14 amid the fallout from the collapse of crypto exchange FTX. ApeCoin is up nearly 58% since that low. Over the last week, only three other coins or tokens in the top 100 (ranked by market cap) have posted larger gains—including leading meme coin Dogecoin.

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