As altcoin markets continue to take a hit, ApeCoin (APE) has fallen -10% back below the 20DMA in a tumultuous rejection from trendline resistance, leaving some fearful BAYC bagholders to question whether ApeCoin is going to zero.
This comes following a catastrophic year for ApeCoin, which has bled-out -93.5% since the all-time high on April 28 2022 – leaving APE price reeling in a tight descendant trading channel since the start of this summer….
Read More: ApeCoin is Going to Zero as APE Price Drops 10% in 24 Hours While New Meme Coin Sonik Goes Viral – How to Buy Early?