ApeCoin (APE) Value Increased by 20%: Metaverse Fantasy Can Increase Rise

In the last 24 hours, the price of ApeCoin (APE) has increased by about 25%. However, most of the price gains have been accumulating over the past few hours. Because this morning at 8 AM CET, ApeCoin (APE) was still trading at around $5.25. This was followed by a powerful pump and an APE shot above the psychologically important $6 price tag.

Now many investors are once again speculating on a recovery rally that will push ApeCoin to higher heights. Because the downside from the all-time high is around 75%, as APE was still trading at $26.70 just three months ago. What do investors need to know now? Why can the ApeCoin rally continue?

Recovery rally picks up speed

The discount from the record high reached by ApeCoin after the ICO is still huge. However, the momentum in APE has improved in the past few days. The recovery was evident on all time scales.

1 hour day 1 7 days 14 days 30 days
1.5% 23.5% 27.5% 33.5% 62%

The Other Side of the Metaverse Feeds the Imagination, Yuga Labs Launches Litepaper

A few weeks ago, Yuga Labs announced that it was focusing on developing a metaverse that would be called Otherside. Yuga Labs successfully completed an important series of tests over the weekend.

At the same time they published the Light Paper for their metaverse. Here Otheride is described as:

“Otherside is a global building platform that provides an exciting environment to play, create, compete, connect and explore together.”

The various stages and principles are outlined in Litepaper’s Litepaper. Anyone more interested in the ApeCoin Metaverse project should take a look at the explanations.

Update AIP-21/22 as a course driver

The team behind ApeCoin is currently working extensively on update staking. The new update AIP-21/222 aims to give APE holders the opportunity to receive benefits and passive bonuses for their investment. In the past few days, there have been contentious discussions in the ApeCoin DAO Forum about the specific design of the AIP-21, which would like to offer a staking system for ApeCoin and Bored Ape Yacht Club NFTs. Better chances of achieving an above-average APY in APE staking can lead to a significant increase in demand, which could lead to higher prices.

ApeCoin with potential hype

Many cryptocurrency traders and bulls see APE as additional price potential. On social media, they see ApeCoin preparing for a massive pump that will fuel the recovery.

Finally, the original symbol of the monkey ecosystem has the potential to hype around the Metaverse and NFTs. Investors love seeing the metaverse and NFT market benchmarks have indicated growth over the past few years.

In July 2022, monkeys’ NFTs will once again be among the most valuable NFTs in the world – here are the top 3:

Market value in millions of US dollars

Kryptoponics 2,070
Bored Monkey Yacht Club 1,682
Mutant Monkey Yacht Club 784

If the momentum picks up again, ApeCoin could pump at a higher than average rate. In the short term, the APE should successfully defend the US Six.

Buy Metaverse: Battle Infinity (IBAT) Coin Alternative at Presale

ApeCoin (APE) is an exciting metaverse currency. But investors should not put all their eggs in one basket. Alternatively, you should also diversify your investments across different projects. While ApeCoin primarily focuses on entertainment and the metaverse, Battle Infinity is a comprehensive ecosystem.

The Battle Infinity pre-show is currently running on its own platform – in the pre-show, you can participate in the Metaverse project at an early stage of development.

Battle Infinity aims to become the new Axie Infinity. Here, the officials are targeting the Metaverse gaming market. For this, Battle Infinity relies on many success factors such as gaming, gameplay 2, earning, metaverse, NFT, and innovations. The platform focuses on IBAT Premier League, a decentralized fantasy sports game:

“Also, home to some of the best software engineers in the world, the massively popular Layer 2 Polygon project and a cricket-obsessed population, there is no better place than India to launch fantasy sports.”

Since the IBAT token is based on the Binance Smart Chain and the BEP 20 protocol, investors must first purchase Binance Coin in order to invest in Battle Infinity in the pre-sale. Co-founder Suresh Joshi describes the process as follows.

“There are 90 days from today (July 11) to join, so there is no excuse to miss out on the opportunity to book 100x your winnings!”

Battle Infinity (IBAT): The Best Metaverse Coin of 2022!

  • The Metaverse coin with the greatest potential in 2022
  • Big Metaverse platform with games, NFTs, and more!
  • 1000% possible high!

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