“It’s still to be determined what ApeCoin enables beyond governance,” Sean Farrell, head of digital asset strategy at Fundstrat, said. “If history has taught us anything, meme-driven tokens can undergo some pretty crazy episodes of price discovery.”
Related posts
-
Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines
Mantra (OM) is up over 8% in the past 24 hours, amid broader crypto market volatility.... -
Bitcoin mining stocks slumping in pre-market trading
Many U.S.-based crypto mining stocks are reflecting Bitcoin’s weakness and are trading down close to 10%... -
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as...