ApeCoin appears set to pump in the coming days and weeks ahead of staking for APE going live.
The coin has made steady gains in the last seven days, up 15% on the week and 7% in the last 24 hours, with more growth expected after Horizen Labs announced they would hold a Twitter Spaces on the subject on September 22.
It remains unclear when exactly staking will go live, with some holders expressing annoyance and disappointment on social media that it hasn't happened yet.
However, the general sentiment on APE is now bullish and the market could see more growth both pre- and post-staking going live, with investors rushing to buy up the coin and then take it off the market.
What is ApeCoin and the Bored Ape Yacht Club?
The Bored Ape Yacht Club (often referred to as BAYC) is one of the premier NFT collections in crypto.
Despite billions being drained from the NFT market and many collections in the red, the cheapest BAYC is still on sale for 72 ETH (approx. $125,000) and during the NFT...
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