Cryptocurrency ApeCoin Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
ApeCoin's price has decreased 3.97% in the past 24 hours to $3.26, continuing its downward trend over the past week of -4.0%. Trading volume has climbed 5.0% over the past week, and the circulating supply has increased 0.47% to 368.59 million.
May 25, 2023 | 3:09 pm
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NEGATIVE IMPACT
ApeCoin's price has dropped 3.97% in 24 hours and 4.0% over the past week. Trading volume has increased 5.0% and circulating supply has risen 0.47% to 368.59 million.
The price of ApeCoin has been on a downward trend, decreasing by 3.97% in the past 24 hours and 4.0% over the past week. This negative price movement, along with the increase in trading volume and circulating supply, suggests that the market is reacting to the changes in supply and demand, leading to a short-term negative impact on the price of APEUSD.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100