Cryptocurrency ApeCoin Falls More Than 8% In 24 hours By Benzinga

LME's nickel crisis: major developments since chaotic trading halt

Cryptocurrency ApeCoin Falls More Than 8% In 24 hours

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Over the past 24 hours, ApeCoin's (CRYPTO: APE) price has fallen 8.45% to $4.77. This continues its negative trend over the past week where it has experienced a 9.0% loss, moving from $5.26 to its current price.

The chart below compares the price movement and volatility for ApeCoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

ApeCoin's trading volume has climbed 71.0% over the past week along with the circulating supply of the coin, which has increased 0.82%. This brings the circulating supply to 314.22 million, which makes up an estimated 31.42% of its max supply of 1.00 billion. According to our data, the current market cap ranking for APE is #40 at $1.50 billion.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Read the original article on Benzinga

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