🚀 APECOIN EXPLOSION: APE PRICE RISES OVER 100% IN 1 DAY 🚀
ApeCoin (APE) has seen an impressive 100% surge in the last 24 hours, driven by major developments in its ecosystem. Here are the main factors that led to this BOOM in price:
1️⃣ $APE becomes ApeChain's native token: Now used to pay transaction fees, it reduces dependence on Ethereum and lowers costs for Yuga Labs users, increasing demand.
2️⃣ Interoperability with multiple blockchains: With the adoption of the LayerZero OFT standard, APE can be transferred between ApeChain, Ethereum and Arbitrum, making it more versatile and attracting more users.
3️⃣ Passive Yield Mechanism: With the new auto-yield feature, users can earn rewards by holding APE on ApeChain, without the need for manual staking. This has attracted long-term investors.
4️⃣ ApeChain Bridge: The high traffic of APE transfers between blockchains, facilitated by the new bridge, has further increased buying pressure and helped drive the price.
📈 APE PRICE ANALYSIS:
• 1-day: +110%
• 7-day: +114%
• 1-month: +97%
• Market Cap: $1.16B (+108% on the day)
📊 TECHNICAL INDICATORS: “STRONG BUY”:
• RSI: 87 (overbought but still bullish)
• MACD: 0.0693 (buy signal)
• Hull Moving Average: 1.025 (buy signal)
🔮 FORECAST: With the launch of ApeChain, omnichain integration and passive income, ApeCoin has great growth potential and can reach new records in the coming days!