ApeCoin (APE) falls to lowest this month
The ApeCoin (APE) community was quite enthusiastic about the recent development of their staking rewards. Both the ApeCoin (APE) token and NFTs that were tied to it, saw a major surge in purchases that led to temporary price highs. The buzz surrounding ApeCoin (APE), however, quickly died down after the announcement. One of the possible reasons for the decline could be the decreasing incentives received from ApeCoin (APE) staking pools, which may be contributing to the dwindling interest in the token.The daily price chart for ApeCoin (APE) shows that it has been steadily falling and is now close to its all-time low. The value of ApeCoin has dropped from $27.79 this year to $3.63, a fall of over 55%. The trade volume of the ApeCoin (APE) token also dropped by 31.18% in a single day, on December 14th. This shows that momentum for ApeCoin (APE) has been drastically decreasing, portending significant lows for the token in the future.
Source
https://t.me/Apecoin_VeChain_Elrond
