The new star of the stock market is APE COIN!!

[Benefactor]

Those that have been advertised on this coin presumably are lost. While those unloaders, they have presumably taken it some place or with what I have perused an airdrop. Generally during a solid positively trending market this is an ordinary event yet to see it siphoning like this presently demonstrates that the crypto market is as yet fit as a fiddle.

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[husdemba]

No asset can increase in value forever. ApeCoin has received a great demand, but it is necessary to take profits from the right place. At the moment, there is an expectation of $ 20, but a major pullback may occur, especially after $ 15. I hope there will not be many people who are victims of ApeCoin 

[tokeweed]

You seeing this sonmez?  Perfect set up for APE imho.



Broke out at resistance then retraced a bit but then held at the previous resistance area and it flipped into support.  And now it looks like it's flying.  If it breaks out the high of the initial rise around two days after listing, I think it could go as high as AXS during its own all time highs from lasted year.  What was AXS's all time high in market cap?  A tad over 10 billion USD?  

[stepwilli]

Apecoin getting this much hype was of course related to NFT, but what people forgot was the demand and the amount of tokens. We are talking about a token that is already under 10 bucks, and even though it was never that high, some people paid literally 400+ dollars for each, because of the sudden pump when it first came out.

I have to say that it will go down under 1 dollars as well, it is only matter of time "when" that will happen but it will happen for sure. It is already in top 50 but there are too many tokens out there and the more it leaks to market and gets sold, the further down it will get. Just wait and see how it will drop to under 1 dollar soon.

[bitkanu]

I always think in regards of this altcoin that already have established NFT brand in the NFT market are having easy time in building its market capitalization for its ERC20 version because the moment of its release they are being listed in most of major exchanges
this allows them opening the potential of investment flows by billions within a matter of few hours.
aside from the fact that they already have established quite the brand of itself, the exchanges with its massive listing done in such fast manner also contributes in increasing the valuation of this altcoin overall.
So many people are using this token for the swing trade. APE token is having the highest daily trade volume for sure. The volume is telling us about how big the demand for this token is.

[el kaka22]

It is still marvelous to see that people are willing to spend their money on this. It is the most latest memecoin and people are going crazy over it and it is having a blast in the market right now. The moment people realize that this has absolutely zero utility and should not be bought at all, people will be very upset that they bought it.

The drop on doge and shiba is obvious, sure they are ranked highly right now but the peak to right now is more than any market fall, it is much bigger and people lost a lot, bitcoin went down too but not this much, neither eth or bnb. So, ape will have the same faith, it will drop to crazy low levels and make people upset for sure.

[tabas]

It is still marvelous to see that people are willing to spend their money on this. It is the most latest memecoin and people are going crazy over it and it is having a blast in the market right now. The moment people realize that this has absolutely zero utility and should not be bought at all, people will be very upset that they bought it.

True to that because people always like to ride the hype and it doesn't matter to them whether it is a meme coin. As long as everyone is addressed on its possibility to make huge money, they're going to take it and it won't be a problem to them as long as they get their profit before it is being dumped by many. I hope that these people that made money from it are wise and man up to spend it to buy bitcoin or any other better altcoins.

[sonmezmstf1978]

Contrary to the rumors, APE coin rose above $ 14 again and is now at a level of $ 13.5. Of course, the current uptrend also has an effect.

[royalfestus]

They did a great job on producing good NFTs, they stay on that for a while and now they are taking steps towards a good progress and this APE coin is something to watch for, lucky to those who have it a cheaper price. Though, I see the good hype but you still need to be careful, watch out for the whales to take profit. I just can’t help but I wish to have the nft as well, that can be more expensive by this time. The volume keeps on rising, I expect other top nfts to have their own coin as well.

What's the idea behind the project? The only thing I can see is web 3 economy, APE coin is gone and difficult to pick price to invest in an undulating price movement, what is the next project with the same idea, maybe different VCs and influencer?

[tokeweed]

It is still marvelous to see that people are willing to spend their money on this. It is the most latest memecoin and people are going crazy over it and it is having a blast in the market right now. The moment people realize that this has absolutely zero utility and should not be bought at all, people will be very upset that they bought it.

The drop on doge and shiba is obvious, sure they are ranked highly right now but the peak to right now is more than any market fall, it is much bigger and people lost a lot, bitcoin went down too but not this much, neither eth or bnb. So, ape will have the same faith, it will drop to crazy low levels and make people upset for sure.

They said something's coming up this April as per their Twitterz...

https://twitter.com/yugalabs/status/1505014986556551172

And I don't think it's just gonna be a memecoin somewhat.  I mean Yuga Labs have done well for themselves so far, so it's prolly better to just wait and see what they're up to.

But yeah..  The price action seems to be losing steam a bit.  It'll prolly go side ways over the week and I wouldn't be surprised if it retraces down and give up some gains before to goes up again.  :/

Edit:  The latest price action in the 4hr chart looks meh tbh but it looks fine at the daily chart.

[Ararbermas]

Will you change the tittle to the crypto market instead of stock market? APE token has nothing to do with stock market and you are in the crypto not stock market.  

yeah I'm confused as well and listed in binance which a cryto exchange. Lol

Anyways,  OP @sonmez that's a very new token and i am not surprised why it skyrocketed because indeed mostly new crypto project emerging always making hypes after listing..

And i have doubts because these ape coins seems have a lot of versions like memes token. Perhaps they all have the same team behind?.  For example in memes there are shiba inu, black shiba and etc.. And now when it comes apes there's a Ape Swap and now Ape coin and Bored Ape Yacht Club (BAYC)?.    

[ItsCrafty]

Don't be surprise, Board Ape Yacht club is an expensive nft project with big whales involved. apecoin is an airdrop for all holders of this nft, certainly the token will have a high price because of the reputation of the main project, If Board ape nft is expensive so will the token. The price can go even higher in the future depending on certain factors though.

Many people say that this coin has no use-case and will go down very soon. they also warned, not to go big on this coin. I personally like this for day trading. The price of the Ape coin is very volatile and if anyone has little knowledge of DCA then he can make a small profit from this coin.

[sonmezmstf1978]

According to the 1-minute chart, BNB is currently moving down on our CCI chart and it's definitely not the right time to invest. As seen in the red-blue progressive chart, it is in a downward trend. According to our CCI chart, it is safe to invest after it goes above the 0 point. It is really important to follow this instantly from the beginning of the screen. When we look at the 3-hour evaluation, it is now in the risky area. Here, your chart time analysis will change according to your investment plan.

[DapanasFruit]

Amazing to see that many people are attracted to the idea of monkeys or apes though we know that this is mostly hypes and we know for sure there are going to be many losers here or those who bought at the ATH level and would not have a choice but to sell their holdings at a loss. Honestly speaking, the market has been looking for some excitement and this is what ApeCoin provides...and that is why its sudden rise perplexed many.

[bayudndy]

Yes, it's really impressive that many users have received large airdrops from them. I heard that some people got up to $2 million from this airdrop. Really, I feel it is similar to the period when Uniswap airdrops, many new projects appear, and people start to be more excited about investing money. Hopefully, with this appearance, it will have a major impact on this market.

[babygun]

Many people say that this coin has no use-case and will go down very soon. they also warned, not to go big on this coin. I personally like this for day trading. The price of the Ape coin is very volatile and if anyone has little knowledge of DCA then he can make a small profit from this coin.

I really didn't hear a lot of things about the APE coin until the day they launched on Binance and that the price went crazy. As you mention, the price is very volatile right now and for me to risky to place any bets even short term. I think the hype will be short lived and that a lot of people will loose money on it.

[andyou1234]

Currently APE COIN is growing rapidly but that does not mean this coin is a prima donna in the crypto market, I don't think APE will be able to beat the popularity of other coins such as terra, solana, polkadot and cardano, because this coin already has fundamental strength in the crypto market, so it has great opportunity to grow taller in the future.

[2tang]

The Ape Coin when it was launched was so hype. Hundreds or thousands of people got rich when the ape coin was pumped big enough from $1 to $28. But in this context there are always those who buy at the ATH price because they are consumed by the hype by influencers on social media. As of today Ape coin is trading at $12 and up 15%. Now the moment a new token just launched on the market becomes a new trend in short-term trading, if you are careful buying and taking 5% profit is a good choice to see Ape Coin .

[makishart]

The most hyped token this year and most generous airdrop this year. Im a big surprising that if the price can still sustain. i didn't even expect this to happen as so many apetokens holders are not yet selling their tokens to the market.
The team behind ape token is also preparing another product that will make token being used on its ecosystem. This is good for all of ape token holders.
The hype is always there and the price can sustain for long term. The new token that can worth with billion valuation. I didn't even think if this would be happening with the ape token issued by ape NFT creator.
So many early buyers of ape NFT are so lucky.

[gamer4156]

Those that have been advertised on this coin likely are lost. While those unloaders, they have likely taken it some place or with what I've perused an airdrop. Generally during a solid buyer market this is an ordinary event however to see it siphoning like this currently demonstrates that the crypto market is as yet perfectly healthy.