ape Archives - Coin Engineer

APE Nears $0.46 Support: Key Reaction Expected

Yigit Taha OZTURK — Tue, 06 May 2025 18:00:21 +0000

As highlighted in our previous high-timeframe analysis, APE failed to break through the bearish FVG (Fair Value Gap) zone. As anticipated, the rejection led to a downward move toward the $0.46 support, with the current price hovering around $0.47.

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This puts APE at a critical point, as traders watch closely for price action around this key level.

Holding $0.46 Could Spark Recovery, Breakdown Targets $0.40

If APE finds strong buying support at $0.46, a rebound toward the FVG zone could begin. This would signal a potential short-term recovery.

However, if the support breaks down with volume, a drop to the $0.40 area becomes a likely scenario. The $0.46 level remains crucial for determining APE’s next move in the market.

APE/USDT pair daily chart.

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APE Price Analysis: Critical FVG Test in Progress

Yigit Taha OZTURK — Fri, 25 Apr 2025 15:00:21 +0000

ApeCoin (APE) has broken its downtrend on the daily chart, reaching a technically significant turning point. The crypto asset is currently testing the bearish FVG (Fair Value Gap) zone, which will be decisive in the coming days.

Critical FVG Level and Potential Scenarios

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With increasing buying pressure recently, APE has entered a short-term uptrend. Technical analysts foresee two possible scenarios:

Bullish Scenario: If the FVG zone is breached with high volume, $0.66 could become the new target
Bearish Scenario: If rejected from this zone, a correction to $0.46 levels might occur

APE/USDT pair daily chart.

Market Dynamics and APE’s Position

Volatility in Bitcoin (BTC) and Ethereum (ETH) continues to impact altcoins. APE’s performance is particularly influenced by:

Interest in NFT and metaverse projects
Overall market risk appetite
Volume movements at technical levels

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This Week, Million-Dollar Token Unlocks Will Take Place in 8 Altcoins!

Emre Yumlu — Mon, 14 Apr 2025 11:30:25 +0000

This week (April 15-18), million-dollar token unlocks will take place in 8 altcoins! In which altcoins will token unlocks occur and how much?

What Is a Token Unlock?

Token unlock refers to the process of releasing previously locked cryptocurrencies into the market. This usually takes place as part of project team allocations, early investor agreements, or community incentive mechanisms. The goal is to avoid flooding the market with tokens all at once and to help maintain price stability.

Token unlocks increase circulating supply, which can create selling pressure and lead to price volatility. For this reason, investors closely monitor large-scale unlocks. On the other hand, not all unlocked tokens are immediately sold—some investors may adopt a long-term strategy and hold onto their assets.

Token Unlocks and Market Impact

Since token unlocks increase supply in the market, they are closely watched by investors. In low-liquidity projects especially, large unlocks can lead to significant price drops due to selling pressure.

However, not every unlock has a negative effect. Some projects coordinate their unlocks with exchange listings or strategic partnerships to boost demand and help stabilize the price. Therefore, it’s important to consider not only the amount of tokens being unlocked but also the overall market context and project-related news flow.

When Will Token Unlocks Happen and in Which Altcoins?

During the week of April 15-18, significant token unlocks will occur in several major projects. Here are the tokens and unlock amounts by date.

April 15 Tuesday

$STRK: 128.05 million tokens – $16 million (1.28% of total supply)
$SEI: 55.56 million tokens – $8 million (0.55% of total supply)

April 16 Wednesday

$ARB: 93.65 million tokens – $26 million (0.94% of total supply)
$VANA: 1.24 million tokens – $6 million (1.04% of total supply)

April 17 Thursday

$GRT: 71.44 million tokens – $5 million (0.71% of total supply)
$APE: 15.38 million tokens – $6 million (1.54% of total supply)

April 18 Friday

$IMX: 27.31 million tokens – $11 million (1.37% of total supply)
$TRUMP: 40 million tokens – $318 million (4% of total supply)

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Major Token Unlocks in the Coming Days

Tanju Akbıyık — Sun, 16 Feb 2025 19:00:29 +0000

In the crypto market, unlocks will take place for many tokens in the coming days. These unlockings are closely monitored by investors as they may increase selling pressure in the market. Here are the notable token unlocks and details:

Upcoming Lock Expansions and their Impact

February 7, 2025

SUI (Sui): SUI 378,060 ($1.26M) → Market capitalization impact: 0.01
GRT (The Graph): GRT 72.52M ($10.18M) → Market capitalization impact: 0.76
WLD (Worldcoin): 3.42M WLD ($4.21M) → Market capitalization impact: 0.33

February 9, 2025

TIA (Celestia): TIA 998,404 ($3.04M) → Market capitalization impact: 0.19

February 12, 2025

IMX (Immutable X): 27.92M IMX ($22.75M) → Market capitalization impact: 1.60

February 13, 2025

APE (ApeCoin): 15.60M APE ($11.31M) → Market capitalization impact: 2.07
MELANIA: 70.00M MELANIA ($91.56M) → Market capitalization impact: 46.67

February 14, 2025

PLUME: 110.43M PLUME ($15.54M) → Market capitalization impact: 5.52

Possible Market Impacts

Large unlocks can create significant selling pressure, especially in projects like MELANIA (46.67%) and PLUME (5.52%). Tokens with such large unlocks are closely watched by investors and a possible wave of selling could cause significant fluctuations in the price.

Tokens like SUI, GRT and TIA, which have lower open rates, may affect prices to some extent, but do not carry the risk of a large-scale drop. In these projects, it is important for investors to be more cautious about expansions and observe the volume situation.

On the other hand, token launches in large projects like IMX and APE could put moderate pressure on prices. In particular, the movements of large investors (whales) can play a key role in determining how these assets are priced in the market.

Such key breakout data provides important signals for investors. It is critical to follow market movements and be cautious about price fluctuations that may occur after openings.

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Binance Supports the Wise Monkey (MONKY) Airdrop for FLOKI and APE Holders!

Orhan — Mon, 02 Dec 2024 11:00:54 +0000

The leading platform in the cryptocurrency world, Binance, has announced its support for the Wise Monkey (MONKY) airdrop for FLOKI and APE token holders.

In a recent announcement, Binance thrilled the crypto community by confirming its support for the Wise Monkey (MONKY) airdrop. According to the details shared, users will receive 0.35 MONKY per FLOKI and a significant 804,828 MONKY per APE. These distribution rates are based on users’ current token balances.

Snapshot dates have been scheduled as follows: December 15, 2024, for FLOKI and November 29, 2024, for APE.

Binance has outlined eligibility criteria for participating in the airdrop. Users must hold a minimum balance of 1 FLOKI or 1 APE. Tokens involved in open trading orders or deposit/withdrawal processes during the snapshot will not qualify. Balances in Spot, Margin, Funding, and Flexible Earn accounts will be considered.

Deposit and withdrawal services for FLOKI and APE tokens will remain unaffected, and Spot and Margin trading will continue as usual. However, Binance has clarified that there is no guarantee MONKY will be listed on its platform. Any listing decision will be subject to Binance’s standard review process.

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Announcement of New Trading Pairs on Binance!

Emre Yumlu — Wed, 20 Nov 2024 15:00:01 +0000

To expand the list of trading choices offered on Binance Spot and enhance users’ trading experience, Binance will open trading for the APE/FDUSD, FDUSD/USDC, HBAR/USDC, OM/USDC, RAY/USDC, TAO/USDC, and TURBO/FDUSD trading pairs at 2024-11-22 08:00 (UTC).

In addition, Binance will enable Trading Bots services for the following pairs at 2024-11-22 08:00 (UTC):

Spot Algo Orders: APE/FDUSD, FDUSD/USDC, HBAR/USDC, OM/USDC, RAY/USDC, TAO/USDC, TURBO/FDUSD

Furthermore, users will enjoy zero fees for the FDUSD/USDC trading pair from 2024-11-22 08:00 (UTC) until further notice.

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Major Token Unlocks on the Horizon!

Yigit Taha OZTURK — Mon, 11 Nov 2024 14:00:54 +0000

Last week’s Bitcoin-led rally sparked excitement across the crypto market. However, the coming week will witness significant token unlocks across various altcoins, potentially impacting market dynamics. These unlocks may introduce selling pressure, particularly on projects without solid price support, and could lead to sudden price drops.

Highlighted Token Unlocks and Times (U.S. Eastern Time):

Sui (SUI): $1.09 million – November 10, 8:00 PM
Internet Computer (ICP): $21.15 million – November 10, 8:00 PM
Masa Network (MASA): $1.41 million – November 11, 7:00 AM
Celestia (TIA): $5.36 million – November 11, 2:00 PM
Aptos (APT): $48.12 million – November 11, 8:00 PM
StarkNet (STRK): $28.52 million – November 15, 8:00 AM

Investors should be mindful of potential short-term fluctuations as these unlocks may exert downward pressure on prices. Preparing for significant price movements during this period is key. In addition to token unlocks, macroeconomic factors such as U.S. and European central bank announcements will influence the crypto market. Key economic indicators, including inflation data and potential interest rate changes, could further shape market direction this week.

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Coinbase Launches ApeCoin (APE) Futures!

Orhan — Thu, 24 Oct 2024 20:45:26 +0000

Coinbase, one of the world’s leading cryptocurrency exchanges, continues to expand its product offerings for investors. In its latest move, the exchange announced that it will add ApeCoin (APE) to its futures trading list. This development further solidifies ApeCoin’s position in the crypto ecosystem while providing new opportunities for investors.

What is ApeCoin (APE)?

ApeCoin (APE) is an ERC-20 token used within the APE ecosystem. It serves as the governance token, allowing holders to participate in the ApeCoin DAO. Additionally, ApeCoin is used to access games, products, events, and services within the ecosystem.

Coinbase’s decision to include ApeCoin (APE) in its futures trading list gives investors the ability to trade based on both price increases and decreases. This allows investors to take more strategic positions on ApeCoin’s future price movements. Futures trading offers more liquidity and variety in the crypto market while also providing experienced traders with risk management opportunities.

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ApeCoin Price Doubled with the Launch of ApeChain! APE Price Analysis!

Orhan — Mon, 21 Oct 2024 14:00:33 +0000

ApeCoin ($APE) Sees Significant Price Surge Following ApeChain Launch

One of the most popular cryptocurrencies in recent times, ApeCoin ($APE), has experienced a significant price increase. The value of ApeCoin surged by 100% after Yuga Labs launched its new ApeChain platform, surprising investors.

ApeCoin (APE) saw a substantial price increase alongside the new blockchain network, ApeChain. After a drop of 80% from its peak in 2022, APE had lost 70% of its value in just the first few months of 2024. However, following the launch on October 19, 2024, its value doubled within two days.

One of the reasons for ApeCoin’s rise is the platform Ape Express. Ape Express offers a one-click token creation feature for creating and trading memecoins. Within 24 hours of its launch, the platform attracted over 137,000 unique visitors and saw the creation of more than 2,600 tokens.

APE Price Movement: Will This Surge Continue?

Following the ApeChain launch, the price of APE experienced a 100% increase. APE broke the $0.87 resistance level, rising to $1.73, briefly surpassing the 0.5 Fibonacci retracement level. However, this surge may not be sustainable, as the price showed a long upper wick, indicating increased selling pressure.

Critical Levels to Watch for Investors and Traders:

– Important Price Levels: A closing above $1.83 for APE could confirm a trend reversal and allow the price to reach higher levels, possibly even $2.

– Support Levels: Falling below the $1.30 level would indicate that this movement is merely corrective and could lead to new low levels.

What is ApeChain?

ApeChain is developed as a Layer 3 network based on Arbitrum One, designed to work in full compliance with the APE token, offering new possibilities for NFT minting, trading, and decentralized applications (DApps).

The Future of APE: Will It Rise or Fall?

The launch of ApeChain has been a very positive catalyst for the APE price, resulting in a 100% increase. However, the long-term trend remains uncertain. A closing above $1.83 could indicate that the bullish trend will continue in the long run, while falling below the $1.30 level may signal further declines.

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ApeChain Officially Launched, Meme Coin Wave Begins

Orhan — Sun, 20 Oct 2024 15:00:10 +0000

ApeChain, which sparked excitement in the crypto world with its testnet phase in July, has now officially launched. Following the announcement of ApeChain, a flood of meme coins hit the network, and ApeCoin (APE) saw a significant price increase as a result of these developments. According to a statement from ApeCoin, bridges are now active, allowing users to transfer their APE, ETH, and stablecoins to ApeChain to generate yields. Additionally, the core incentive program for users was launched today.

Meme Coin Wave Shakes ApeChain

After the official launch of ApeChain, meme coin projects were rapidly introduced, with many securing their spot on the platform within minutes. Some of these meme coins quickly reached market capitalizations worth millions of dollars. A token creation platform called ApeExpress, similar to pump.fun on the Solana network, was also launched alongside ApeChain.

Among the standout meme coins, CURTIS led the pack, reaching a market cap of around $16 million, followed by CIF at $5.3 million, and DOOKEY at $3.5 million.

The launch of ApeChain also triggered a noticeable surge in the price of ApeCoin (APE). APE rose from $0.73 to $1.42, recording a nearly 100% increase within a few hours. As of 11:40 AM Turkish time, APE is trading at $1.40, with many eagerly awaiting whether this upward trend will continue.

These developments are seen as a significant turning point for the future of the ApeChain and ApeCoin ecosystems.

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