ApeCoin is Still Losing Momentum: What’s Going On?

When monkey lovers have hinted they were ready to invest in any ape-related meme crypto project ApeCoin has come out following NFT hype that has already boomed the metaverse. Some rich whales could have bought this token in the hope it will hype like Shiba Inu or DogeCoin but being the only meme token can’t assure ApeCoin to soar again. People love monkeys but their pets are dogs and cats most of the time.

Since the launching day on Coinmarketcap, the token has lost almost 10 points. Perhaps, the developers miscalculated the pricing of the token when Shiba and Doge are still as cheap as a piece of chewing gum. That’s why extremely cheap-priced coins are still trending although they are aging.

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