![Why ApeCoin [APE] did not respond to BAYC’s achievements?](https://i.headtopics.com/images/2023/2/7/cryptoamb/why-apecoin-ape-did-not-respond-to-bayc-s-achievem-why-apecoin-ape-did-not-respond-to-bayc-s-achievem-1622709971749163009.webp)
ApeCoin’s price decreased by over 5% in the last seven days. APE’s Galaxy Score was bullish but market indicators inclined in favor of bears. Dookey Dash’s success caught many eyeballs, as its popularity was something to be considered. BAYC has announced that they will wind up to the end of the Sewer Pass claim and […]
, APE was down by over 3% in the last 24 hours, and at the time of writing, it was trading at $5.69 with a market capitalization of above $2 billion.A look at Santiment’s chart revealed quite a few factors that might have played a role in APE’s price plummet. APE’s exchange outflow registered a decline over the last week, which was a development in the bears’ favor.’s MVRV Ratio decreased considerably over the last few days, which too was a negative signal.
increased whale activity, as APE was on the list of the most used smart contracts among the top 100 Ethereum whales in the last 24 hours.
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