• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Bitcoin Casino ReviewsTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Bitcoin Casino ReviewsTry
No Result
View All Result
NewsBTC
No Result
View All Result
Curve DAO
Nexo Logo

Crypto Market On The Mend: ApeCoin And Curve DAO Show Gains

Saeed Hassan by Saeed Hassan
4 weeks ago
in Altcoin
Reading Time: 3 mins read
Advertisement

Several altcoins are gaining attention as the cryptocurrency market is on the mend, including ApeCoin (APE) and Curve DAO (CRV), which have increased by 17% and 24% over the previous 24 hours, respectively. People are becoming more optimistic as a result of these improvements.

ApeCoin (APE) is ranked number thirty-three in the top 100 coins. It is an ERC-20 token generated for governance and utility. The decentralized autonomous organization ApeCoin DAO developed and debuted the coin and is based on the Ethereum blockchain network.

Related Reading | TA: Ethereum Eyes Fresh Surge, Why ETH Could Surpass $1,700

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

APE has climbed dramatically from its June low of $3.1189. According to data from CoinGecko, the price of ApeCoin today is $6.7739, up 17% from the previous day and 43% from the last week. Its current market cap is $2.08 billion, with a significant rise of  16% during the last 24 hours.

APE is linked to the well-known Bored Ape Yacht Club. Yuga Labs developed the Bored Ape Yacht Club, a 10,000-strong non-fungible tokens (NFTs) with an ape theme with various aspects and distinctive qualities, such as digital art, image, music, and video files that have been tokenized and protected using blockchain technology.

Its price increased after Yuga Labs gave a select group of gamers a sneak peek into its Otherside metaverse. Therefore, this might be one of the key causes that contributed to the APE price increase. 

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

As per the announcement, the 4,300 players, referred to as “Voyagers,” were welcomed to the immersive, ape avatar-navigated internet platform on Saturday for a first-look tech presentation and tour.

Tradingview
Curve DAO is currently trading at $1.52 on the daily chart | Source: CRVUSDT From Tradingview

Curve DAO (CRV) Is Steadily Struggling To Recoup Its Value

Due to the market meltdown this year, other coins are struggling to recover, and CRV is also on the path to recovery with them. Curve DAO is a native token for Curve Finance, one of the world’s largest decentralized finance (DeFi) systems.

Since its introduction, Curve DAO has attempted to sustain some of the momenta after falling from its highs. However, from the start of this year, the CRV token has experienced sharp declines. It started the year at $6.2061 and dropped to $2.3958 in the first month.

Read our comparison of 50 different crypto casinos. Find out who has most generous bonuses, best UX, knowledgeable customer support and best provably fair games.

After falling from the $2 level, it reaches a new low in the second month. In March and April, the token’s price slowly kept increasing, fluctuating between $2.78 and $1.95. But, things started to change in June when the token experienced a continuous slide and hit a low of $0.54047.

Related Reading | Solana Zoomed Up By 20% In A Week, This Could Be The Next Target

However, CRV is showing signs of positivity this month and is moving forward with its comeback. It has rebounded from its June low and is presently trading at $1.47, up significantly over the last 14 days by 40.0%.

The anticipated introduction of Curve stablecoin is the main factor behind today’s positive price activity. Michael Egorov, the founder of Curve, acknowledged the debut of an over-collateralized stablecoin during a web3 event.

                   Featured image from Flickr, chart from Tradingview.com

 

Tags: APEUSDTCoinGeckoCRVUSDTCurve stablecoinYuga Labs
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Saeed Hassan

Saeed Hassan

Saeed Hassan is a finance and cryptocurrency enthusiast who has been writing about Bitcoin and the blockchain since 2016. He is an author at Bitcoinist and NewsBTC, and he also runs his blog, where he writes about all things related to crypto and finance. In his spare time, Saeed enjoys playing cricket and watching Marvel series.

Related Posts

altcoins

Recovery Market Sentiment Sees Investors Take More Risk With Altcoins

1 week ago
FLOW Blockchain

What Is FLOW Blockchain And Why Is The Price Up 100% In The Last 24 Hours?

2 weeks ago
Deloitte, screenshot from the study

Deloitte Survey Clearly Shows Crypto Payments Are The Next Big Thing In Commerce

2 weeks ago
Coin Of The Week – Optimism (OP)

Coin Of The Week – Optimism (OP)

2 weeks ago
CZ screenshot

Binance’s CZ: High Inflation And Recession Fears Will Drive Bitcoin Adoption

3 weeks ago
Roger Ver, coin digitalization

The Inside Story Of The Roger Ver Vs. CoinFLEX Conflict

3 weeks ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

Why are Runfy, Bitcoin and Tron being considered the next cryptos to explode in 2022

August 18, 2022

Keninah Concord: Saving The World With Blockchain-Based Solutions

August 18, 2022

How Adirize DAO, Litecoin and Floki Inu Could Be A Great Bear Market Opportunity

August 18, 2022

LBank Exchange Will List THANKQ (TQP) on August 18, 2022

August 18, 2022

Crypto Finance Coin (CTFC) Is Now Available for Trading on LBank Exchange

August 18, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win
  • Bitcoin Casino Reviews

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.