Crypto two sides of a coin is playing out once again. This time it involves Apecoin (APE) and a new meme coin. Apecoin (APE) being the side on bearish trend and losing its loyalist while this new meme coin is on the other side and on bullish trend with investors flocking in.
Today we will be exploring the rise of Apecoin (APE), why it's on a bearish trend and the rise of this new meme coin everybody is raving about.
Apecoin (APE), introduced as the governance token for the top NFT community that includes Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) in March 2022.
Apecoin (APE) certainly made a mark as a high-performing cryptocurrency reaching an all-time-high of $34 weeks after launch.
However, the recent fluctuations in its price have raised some concerns among investors. Reports from market charts reveal that APE's price has experienced a 30% decline over the past month and a 5.2% drop in value over the last week.
Report circulating is that things could even go worse as ApeCoin's token unlock date looms. According to TokenUnlock's report, about 11% (40 million APEs) of the total supply of APE will be released in addition to the current circulating supply (about 50% of total supply).
Undoubtedly, these declines are causing unease among its holders particularly the whales who have been exiting for an exciting opportunity elsewhere and in Anarchy (ANA), the current reigning champion in the space.
If you're one of the Apecoin (APE) investors looking to cut your losses and be in the green again, look no further than Anarchy (ANA), the project on everyone's lip in the space.
The allure of Anarchy (ANA) stability and the potential for substantial returns have started to attract the attention of Apecoin (APE) investors. This trend is quite understandable, especially when you consider that meme coins, while known for delivering significant returns, often come with a substantial level of risk due to their volatile nature. In contrast, Anarchy (ANA) offers a unique combination of stability and the promise of substantial returns, making it an enticing option for investors.
Anarchy (ANA) is not just a project for financial gain, its aims and vision transcends that. It's a meme coin infused with a DAO (Decentralized Autonomous Organization). Allow me to introduce you to the AnarchyDAO.
AnarchyDAO embodies the core principles of DeFi by returning power to the hands of the people. It stands as a shift in how the financial industry works, transitioning from a model where central authorities make decisions to a true decentralized system where every user has a say.
In the AnarchyDAO, community members consisting of ANA holders (The governance token for Anarchy) get to have a voice in decision making that could shape the future of the project. To bring about community empowerment, Anarchy introduced a Multi sign community wallet funded by a percentage (4.5%) of ANA sold and transferred. The funds in this wallet are used to sponsor community-driven initiatives regarding investment opportunities or charitable activities. This is an extraordinary innovation by Anarchy.
Beyond being a promising addition to Anarchy's already impressive array of features, AnarchyDAO serves as a testament to the platform's unwavering commitment to nurturing a democratic, transparent, and empowering environment for its community. Little wonder some analysts are placing the Anarchy in the top altcoins to buy in 2023.
Want to be part of this growing community? ANA presale presents your best low cost means of getting in.
The ANA presale has already raked in over $4.9 million in revenue and continues to exert its pull, drawing whales from every corner of the crypto space.
To make your luxurious dreams come true, you need to get in early on ANA.
The price is just $0.00027 per token and that's all it takes to set yourself up for a whopping 10,000% in return. Click here to seize this opportunity!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.