TL:DR;<\/p>\n
ApeCoin\u2019s price surge continued after our initial reports and tapped a 6-month peak of over $1.7 earlier today.
\nHowever, its all-time high is still far ahead and the questions arises whether it will be able to break it amid the ongoing developments around the project.<\/p>\n
<\/a><\/p>\n It\u2019s safe to say that today belongs to ApeCoin\u2019s native token. As reported<\/a> earlier, it exploded by 65% in hours after the launch of ApeChain \u2013 the protocol\u2019s bridge that allows users to earn native yield on ETH, APE, and a few stablecoins.<\/p>\n However, that was just the start for APE as it kept pumping in the following hours and broke above $1.70 for the first time since early April this year. Although it has retraced slightly since then, APE is still over 110% up on a daily scale.<\/p>\n This is probably the catalyst for NFT bull run @apecoin<\/a> \u2014 Soer Punk (@soberpunker) October 20, 2024<\/a><\/p>\n\n The hype led to the reemergence of numerous APE bulls as they started to predict the beginning of a new NFT and altcoin season.<\/p>\n #APE<\/a> looks ready for massive breakout from weekly charts as the descending channel ready to flip off! Expecting 260% throwback towards $2.75 price zone, Demand for #Apecoin<\/a> consistently rising on #NFT<\/a> markets triggering the wave. Keep an eye on$APE<\/a> #APEUSDT<\/a> pic.twitter.com\/41WkEvBr97<\/a><\/p>\n \u2014 CryptoBull_360 (@CryptoBull_360) October 20, 2024<\/a><\/p>\n\n Aside from the Automatic Yield Mode launched by the ApeCoin team, they also hinted<\/a> at an upcoming event that will take place in Vegas, USA, in late November.<\/p>\n Despite today\u2019s remarkable performance and the charting of a multi-month high, APE\u2019s price remains miles away from its all-time high registered on April 28, 2022, according to CoinGecko. Back then, the asset stood at $26.70, which means that its currently 94% lower.<\/p>\n As such, we decided to ask ChatGPT about APE\u2019s chances of ever breaking that level after we\u00a0reported <\/a>Perplexity\u2019s point of view. ChatGPT admitted that APE stands a long way from its peak and that it will take a lot more development from the team to go back there.<\/span><\/p>\n But there\u2019s more. The popular AI chatbot outlined the overall market sentiment as another reason that could propel a rally for APE, alongside the growing adoption and utility. Perhaps most importantly, ChatGPT asserted that ApeCoin\u2019s native token could benefit the most if the positive sentiment returns for the broader NFT niche, which hasn\u2019t been the case for the past couple of years.<\/p>\n \u201cWhile ApeCoin has potential, driven by its connection to BAYC, metaverse developments, and the broader crypto market, predicting whether it will reach a new ATH involves considerable uncertainty. Factors like market conditions, innovation in the metaverse, and regulatory developments all play critical roles.\u201d \u2013 concluded the AI solution.<\/p>\n The post After Surging by 110% Daily, Can ApeCoin (APE) Break its All-Time High?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL:DR; ApeCoin\u2019s price surge continued after our initial reports and tapped a 6-month peak of over $1.7 earlier today. However, its all-time high is still far ahead and the questions arises whether it will be able to break it amid the ongoing developments around the project. APEMania Is Here? It\u2019s safe to say that today […]<\/p>\n","protected":false},"author":0,"featured_media":15173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-15172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/15172"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15172"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/15172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/15173"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}APEMania Is Here?<\/h2>\n
\nHigher!!!!! pic.twitter.com\/yfSwcWGgbg<\/a><\/p>\nNew ATH Ever?<\/h2>\n
![<\/a><\/p>\nAPEMania Is Here?<\/h2>\nIt\u2019s safe to say that today belongs to ApeCoin\u2019s native token. As reported<\/a> earlier, it exploded by 65% in hours after the launch of ApeChain \u2013 the protocol\u2019s bridge that allows users to earn native yield on ETH, APE, and a few stablecoins.<\/p>\nHowever, that was just the start for APE as it kept pumping in the following hours and broke above $1.70 for the first time since early April this year. Although it has retraced slightly since then, APE is still over 110% up on a daily scale.<\/p>\nThis is probably the catalyst for NFT bull run @apecoin<\/a>\nHigher!!!!! pic.twitter.com\/yfSwcWGgbg<\/a><\/p>\n\u2014 Soer Punk (@soberpunker) October 20, 2024<\/a><\/p>\n\nThe hype led to the reemergence of numerous APE bulls as they started to predict the beginning of a new NFT and altcoin season.<\/p>\n#APE<\/a> looks ready for massive breakout from weekly charts as the descending channel ready to flip off! Expecting 260% throwback towards $2.75 price zone, Demand for #Apecoin<\/a> consistently rising on #NFT<\/a> markets triggering the wave. Keep an eye on$APE<\/a> #APEUSDT<\/a> pic.twitter.com\/41WkEvBr97<\/a><\/p>\n\u2014 CryptoBull_360 (@CryptoBull_360) October 20, 2024<\/a><\/p>\n\nAside from the Automatic Yield Mode launched by the ApeCoin team, they also hinted<\/a> at an upcoming event that will take place in Vegas, USA, in late November.<\/p>\nNew ATH Ever?<\/h2>\nDespite today\u2019s remarkable performance and the charting of a multi-month high, APE\u2019s price remains miles away from its all-time high registered on April 28, 2022, according to CoinGecko. Back then, the asset stood at $26.70, which means that its currently 94% lower.<\/p>\nAs such, we decided to ask ChatGPT about APE\u2019s chances of ever breaking that level after we\u00a0reported <\/a>Perplexity\u2019s point of view. ChatGPT admitted that APE stands a long way from its peak and that it will take a lot more development from the team to go back there.<\/span><\/p>\nBut there\u2019s more. The popular AI chatbot outlined the overall market sentiment as another reason that could propel a rally for APE, alongside the growing adoption and utility. Perhaps most importantly, ChatGPT asserted that ApeCoin\u2019s native token could benefit the most if the positive sentiment returns for the broader NFT niche, which hasn\u2019t been the case for the past couple of years.<\/p>\n\u201cWhile ApeCoin has potential, driven by its connection to BAYC, metaverse developments, and the broader crypto market, predicting whether it will reach a new ATH involves considerable uncertainty. Factors like market conditions, innovation in the metaverse, and regulatory developments all play critical roles.\u201d \u2013 concluded the AI solution.<\/p>\nThe post After Surging by 110% Daily, Can ApeCoin (APE) Break its All-Time High?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"TL:DR; ApeCoin\u2019s price surge continued after our initial reports and tapped a 6-month peak of over $1.7 earlier today. However, its all-time high is still far ahead and the questions arises whether it will be able to break it amid the ongoing developments around the project. APEMania Is Here? It\u2019s safe to say that today […]<\/p>\n","protected":false},"author":0,"featured_media":15173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-15172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/15172"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15172"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/15172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/15173"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/ApeCoin_UP.jpg\"){kind=link}