ApeCoin Price up 53% on Colossal APE Staking Figures
ApeCoin (APE) gained more than 50% in value during the calendar month. The likely reason for the increase was the launch of staking at the beginning of December. The event was highly anticipated in the community, and by now, the number of APE blocked in staking stands at 57.5 million coins, equivalent to $250 million. As provided by Nansen, of this number, 21% or 12.2 million APE are provided by ApeCoin Foundation, 76% are provided by unknown investors and minority stakes are in the region of 1% by large APE holders.Thus, as Lookonchain reports, an investor nicknamed Machi Big Brother staked 903,859 APE, equivalent to $3.9 million. The crypto enthusiast accounted for 1.57% of the total staked amount.
Source
https://t.me/Apecoin_VeChain_Elrond
