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The global crypto market cap experienced an increase of 0.80% over the last 24 hours, and as a result, most cryptocurrencies are currently trading in the green. The market tracking website, CoinMarketCap, indicates that ApeCoin (APE) is one of these cryptos.
At press time, APE experienced a 0.06% price increase over the last day. As a result of this, the price of APE now stands at $4.04, which means that the altcoin is trading closer to its daily low of $4.00. Since yesterday, APE was, however, able to set a daily high of $4.13.
The crypto’s performance was not strong enough for it to strengthen against the two market leaders Bitcoin (BTC) and Ethereum (ETH). Currently, APE is down about 0.96% and 1.29% against BTC and ETH respectively.
APE’s 24-hour trading volume took a bit of a knock since yesterday. The crypto’s volume now stands at $53,642,450 after a more than 49% decrease throughout the last day. The barely-there price increase experienced by APE was not enough to push the crypto’s weekly performance in the green just yet.
APE / Tether US 1h (Source: TradingView)
At press time, APE is down 0.49% over the last week. The altcoin does, however, seem to be picking up some steam as it saw a 0.56% increase in its price over the last hour alone.
With its market cap standing at $1,490,511,772, APE is currently ranked as the 39th biggest crypto in terms of market capitalization. This places it right behind VeChain (VET) in the 38th position and in front of Quant (QNT) which is ranked 40th on the list of the biggest cryptos.
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