Pepe

Shiba Inu

Status

ApeCoin

<ul> 
 <li>ApeCoin (APE) price surged more than 8.5% in the last 24 hours.</li> 
 <li>The price APE is above the 50-day EMA, signaling a positive trend.</li> 
</ul> 
ApeCoin (APE), the meme-inspired cryptocurrency, has managed to buck the prevailing bearish trend in the crypto market by soaring over 8.5% in the past 24 hours. While major cryptocurrencies are grappling with losses, ApeCoin has demonstrated substantial gains. 
ApeCoin (APE) has been stealing the spotlight recently, joining the ranks of other meme coins such as <a href="https://thenewscrypto.com/shib-pumped-19-over-last-week-is-it-too-late-to-buy/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu</a> (SHIB) and Pepe (PEPE) as the top performers in the market. These unconventional cryptocurrencies have defied convention, racking up impressive double-digit gains over the past week. ApeCoin price surged more than 12% within a week, coupled with an 7% increase over the past month. 
<h2 class="wp-block-heading" id="h-current-status-of-apecoin">Current Status of ApeCoin</h2> 
At the time of writing, ApeCoin (APE) is trading at $2, with a 24 hours trading volume of $107 million over the last 24 hours, climbing 117%. This surge in trading volume underscores the growing interest and activity surrounding ApeCoin within the crypto community. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
 <img decoding="async" width="1024" height="506" src="https://thenewscrypto.com/wp-content/uploads/2023/08/ApeCoin-1024x506.png" alt="" class="wp-image-80588" srcset="https://thenewscrypto.com/wp-content/uploads/2023/08/ApeCoin-1024x506.png 1024w, https://thenewscrypto.com/wp-content/uploads/2023/08/ApeCoin-300x148.png 300w, https://thenewscrypto.com/wp-content/uploads/2023/08/ApeCoin-768x380.png 768w, https://thenewscrypto.com/wp-content/uploads/2023/08/ApeCoin-150x74.png 150w, https://thenewscrypto.com/wp-content/uploads/2023/08/ApeCoin.png 1471w" sizes="(max-width: 1024px) 100vw, 1024px"> 
 <figcaption class="wp-element-caption"> ApeCoin (APE) Price Chart (Source: <a href="https://in.tradingview.com/symbols/APEUSDT/?exchange=COINBASE" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>) 
 </figcaption> 
 </figure> 
</div> 
ApeCoin’s (APE) daily price chart indicates that the meme coin is currently positioned above its 50-day Exponential Moving Average (50EMA), a <a href="https://thenewscrypto.com/pepe-memecoin-pumps-over-12-surge-in-the-last-24h/" target="_blank" rel="noopener noreferrer nofollow">positive signal</a> for investors. Moreover, the Relative Strength Index (RSI) is noted at 56.06, suggesting that the coin is neither overbought nor oversold, contributing to a healthy and sustainable price movement. 
ApeCoin’s remarkable ascent against the backdrop of a broader crypto market downturn challenges conventional market wisdom. While the largest cryptocurrencies are experiencing losses, the meme coin continues to <a href="https://thenewscrypto.com/apecoin-ape-a-closer-look-at-whales-latest-moves/" target="_blank" rel="noopener noreferrer nofollow">captivate traders</a> and investors. Also, showcasing the unique performance in the crypto landscape. 
Will ApeCoin (APE) price continue to rise? Share your thoughts with us by tweeting @The_NewsCrypto. 
Highlighted Crypto News 
<a href="https://thenewscrypto.com/shib-pumped-19-over-last-week-is-it-too-late-to-buy/" target="_blank" rel="noopener noreferrer nofollow">SHIB Pumped 19% Over Last Week, Is It Too Late to Buy?</a>

ApeCoin (APE) Surges 9% While Major Altcoins Bleed

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