Cryptocurrency ApeCoin Falls More Than 12% In 24 hours

ApeCoin's APE/USD price has decreased 12.07% over the past 24 hours to $7.27, continuing its downward trend over the past week of -15.0%, moving from $8.52 to its current price.

The chart below compares the price movement and volatility for ApeCoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

price_chart

The trading volume for the coin has fallen 4.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.03%. This brings the circulating supply to 292.19 million, which makes up an estimated 29.22% of its max supply of 1.00 billion. According to our data, the current market cap ranking for APE is #34 at $2.11 billion.

supply_and_vol

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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