APE Emerges as One of Most Used Smart Contracts Among Top ETH Whales

One of the many cryptocurrencies trading in the green today is ApeCoin (APE). The crypto market tracking website, CoinMarketCap, reveals that APE is currently trading hands at $4.08 after a 2.18% increase in price over the last 24 hours. The crypto was also able to reach a high of $4.20 and a low of $1.07% over the same time period.

APE / Tether US 1D (Source: TradingView)

The altcoin was able to strengthen against Bitcoin (BTC) by about 0.15% over the last day, but weakened against Ethereum (ETH) by about 1.03%. APE’s weekly performance, however, still has some work to do as the altcoin is down by more than 7% over the past week.

APE’s 24-hour trading volume is currently in the red zone, and now stands at $97,720,511 after a more than 12% decrease since yesterday. With its market cap of $1,499,003,548, APE is currently ranked as the 41st biggest cryptocurrency in terms of market capitalization. This places it right behind Stacks (STX) in the 40th position and in front of The Graph (GRT) which is ranked 42nd.

Early this morning, the well-known crypto whale tracking platform known as WhaleStats took to Twitter to share new information about the top ETH whales. According to WhaleStats post, APE is now one of the most used smart contracts among the top 5,000 ETH whales over the last 24 hours.

APE did not, however, make it onto the list of the most used smart contracts among the top 100 ETH whales over the past day.

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