Stock Groups

ApeCoin Up 50% This Week After Creator Raises $450 Million -Breaking

by Mike Robinson

[ad_1]

ApeCoin to be 50% in this week’s Top 50 after $450M Creator Fundraiser
    • ApeCoin’s rebound continues today as the firm behind the project raised hundreds of millions of dollars in the latest funding round.
    • CoinMarketCap reports that ApeCoin’s value has increased by more than 9.9% over the last 24 hour and more than 88% in the last seven days.
    • Its recent price surge has pushed APE’s week-to-date profits up by 50%, making it one of the best-performing digital assets since the 21st of March.

ApeCoin’s (APE) rebound continues today as the firm behind the project raised hundreds of millions of dollars in the latest funding round led by Andreessen Horowitz.

APE’s price surged 75% intraday to reach approximately $14.50 per piece. One thing to note is that the token’s upside move came as a part of a retracement rally which started at the beginning of this week when it was trading for as low as $9.50 per coin.

This price surge has pushed APE’s week-to-date profits up by 50%. APE is one of the top-performing digital assets of this year since the 21st March.

Continue reading on CoinQuora

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]