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BAYC’s ApeCoin up 50% this week as its creator raises $450M in new funding -Breaking

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ApeCoinAPEThe firm that was behind the company raised millions in funding from Andreessen Horowitz, allowing it to continue its recovery.

The price of APEThe token gained 7.5% to close at $14.50 per unit intraday. It is notable that the upside movement of the token was part of a rally to retrace its losses, which started in the middle of last week. At the time it was trading at as low $9.50.

Daily price chart. Source: TradingView