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ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead? -Breaking


ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead?

ApeCoinAPEOne day after the event, there was a minor sell-off of ). Bored Ape Yacht Club(BAYC), an iconic non-fungible token (NFT), brand Reports say they lost $2.4 Million worth of digital collectiblesIn a robbery.

Hacker stole the BAYC official Instagram account and posted a phishing hyperlink that effected withdrawals of tokens from cryptocurrency wallets.

The daily price chart shows a “symmetrical Triangle” setup. TradingView
Four-hour APE/USD price chart with rising wedge configuration TradingView