ApeCoin Faces Price Decline Ahead of Major Token Unlock Event
ApeCoin (APE) has experienced a significant price decline, falling by nearly 85% from its peak of $6.437 in January. The cryptocurrency is facing a potential challenge as a cliff token unlock event is scheduled for September 17, where 40.60 million APE tokens, valued at approximately $46.69 million, ...
Shiba Inu’s Downtrend Persists: 97.4% of SHIB Holders in the Red
Shiba Inu Continues Downtrend, Leaving 97.4% of SHIB Holders in Losses The Shiba Inu (SHIB) cryptocurrency is facing a persistent downtrend, with its price dropping by 5% in the last 24 hours, pushing it further into the demand zone at $0.00000690. On-chain metrics reveal that a significant 97.4% ...
XRP On-Chain Metrics Suggest Possible Price Correction
For the last seven trading days, the XRP rate has mostly stalled around $0.52, and on-chain metrics promise the coin an early loss of $0.50 support. The native token of the famous Ripple project (XRP) was on the rise in March in a number of on-chain indicators, including the growth of popularity ...
Bank of America Analysts Notice Strong Bitcoin Outflows from Crypto Exchanges to Personal Wallets
Bank of America analysts have recently observed a noteworthy trend in the cryptocurrency market. Over the last week leading up to April 4th, there has been a substantial outflow of bitcoins from crypto exchanges to users' personal wallets, amounting to $368 million in total, according to a report ...