ApeCoin slides 40% in three days despite Otherside metaverse land sale — here's why

Cointelegraph

Published May 01, 2022 05:02AM ET

Updated May 01, 2022 06:40AM ET

ApeCoin (APE) caught its bulls off-guard with APE price losing nearly 40% in just three days.

APE's price reached its second-highest level, hitting $27.57 on April 28, up more than 2,650% from its mid-March debut.

APE/USD four-hour price chart. Source: TradingView
ApeCoin four-hour price chart. Source: TradingView

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