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ApeCoin (APE) Price Trends and Market Performance

Explore the recent market performance and price trends of ApeCoin (APE), including trading volume and market cap insights.
Published on 2023-04-28

ApeCoin Market Performance

ApeCoin (APE) is currently experiencing a positive shift in the cryptocurrency market. With a recent price increase of 0.56% in the last hour, APE is among the altcoins trading in the green. Despite this short-term gain, its weekly performance remains slightly negative.

Global Crypto Market Trends

The global cryptocurrency market cap has increased by 0.80% over the last 24 hours, contributing to the positive performance of various cryptocurrencies, including APE. As of now, APE's price has risen by 0.06% in the past day, bringing it to $4.04, closer to its daily low of $4.00. The altcoin managed to achieve a daily high of $4.13.

Performance Against Major Cryptos

APE's current performance hasn't been robust enough to outperform the market leaders, Bitcoin (BTC) and Ethereum (ETH). Currently, APE has decreased by approximately 0.96% against BTC and 1.29% against ETH.

Trading Volume and Market Cap

APE's 24-hour trading volume has seen a significant decrease of over 49% since yesterday, now totaling $53,642,450. This modest price increase wasn't sufficient to improve its weekly performance to positive levels. Presently, APE's market cap is $1,490,511,772, positioning it as the 39th largest cryptocurrency. It ranks just behind VeChain (VET) and ahead of Quant (QNT).

The data highlights APE's modest gains amidst a growing market and emphasizes the need for continued observation to assess its future performance.

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