📉 ApeCoin (APE) has fallen sharply to $1.44, losing almost 20% from its weekly high. This comes two days after the launch of Yuga Labs' ApeChain.

- ApeChain enables the creation of applications in gaming, DeFi, and NFTs.

- ApeCoin holders can earn income from staking.

- BAYC sales fell to $7.1M in September, from $41M in March.

Investors are taking profits, and the crypto market is weak.