![]() The current CoinMarketCap ranking is No.30, with a live market cap of $1,433,588,293. As per InvestorObserver, when compared to the volatility of other cryptocurrencies, ApeCoin (APE) has seen a level of volatility that is around average.On the other hand, the value of the cryptocurrency has dropped by 2.1%, reaching $3.97 at press time. However, USD-backed stablecoins, like USDC, USDT, and its derivatives, have accounted for roughly half of the coins on this list as of this writing.ApeCoin’s market performance is quite sluggish, despite a lot of activity from Ethereum whales. These include SHIB, UNI, MANA, BAT, and ENJ, among others.In addition to this, APE`s and SHIB’s climb to the top 10 list has been attributed to the fact that they are among the coins that have been sold the most. We encourage you to do your own research before investing.Join us to keep track of news: NewsĪpecoin is now in the top 10 by trading volume among the 500 largest ETH whales.This information was revealed by the analytics firm, Whalestats.The value of Apecoin (APE) has dropped by 2.1%.ApeCoin (APE), the cryptocurrency token of the well-known NFT collection Bored Ape Yacht Club, has joined the top 10 list by trading volume among the top 500 Ethereum (ETH) wallets in the past 24 hours along with Shiba Inu coin (SHIB).The information about the cryptocurrency’s advance to the leading position on the whale trading leaderboard was tweeted by the crypto analytics platform WhaleStats on January 6, 2023.In a tweet that was released earlier, WhaleStats disclosed that in addition to APE, there are a number of other prominent crypto assets that are among the top-purchased ones. ![]() ![]() According to APE on-chain statistics, holders may become more difficult to sell owing to unrealized losses.DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. The ongoing fall in global NFT markets has resulted in three consecutive months of price declines for APE.Apecoin has a total quantity of 1 billion tokens, of which 36.86% are in circulation. The deadline for voting on the proposal is May 18, and the current proportion of negative votes has reached 86.81%, while the proportion of support is 13.19%.ApeCoin (APE) is a utility and governance token in the well-known NFT ecosystem of the Bored Ape Yacht Club (BAYC). ![]() It expects to contribute to the creation of the lowest feasible trading costs in all of DeFI for APE holders, stakers, and purchasers.Its main contract functionality will involve compensating LP suppliers in APE, offering a crucial use case for APE while also putting strong deflationary pressure on the token.These asset pools will earn from market-making and swap fees LP fees, core functionality will include using APE to reward LP providers. These exchanges charge a variety of fees for opening and closing positions as well as executing swaps.As well as an ApeCoin DAO DEX for ApeCoin holders, the ApeCoin DAO DEX will allow for the decentralized exchange of ERC-20 tokens, which will be backed by multi-asset pools that will pay liquidity providers fees from market making and swap fees. ApeCoin Proposal Intends To Create New DEX But Faces Strong Opposition 4As suggested, ApeCoin is traded on the majority of major CEXs and DEXs (centralized exchanges and decentralized exchanges). Key Points:A new proposal from the ApeCoin community intends to create an APE DEX.It plans to do a decentralized exchange of ERC-20 tokens backed by a multi-asset pool and LP Fees swap.The voting deadline for the proposal is May 18, and the current number of votes against it has reached 86.81%.A new proposal from the ApeCoin community intends to create APE DEX, which plans to realize the decentralized exchange of ERC-20 tokens supported by multi-asset pools.
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