What Contributed to APE Coin’s Surge?
APE Coin has witnessed a remarkable price hike of over 103% in the past week, primarily due to the launch of its own layer 3 network. This advancement has significantly bolstered liquidity, allowing APE to maintain a price around $1.58 with a trading volume of $1.3 billion. Analysts note that without Bitcoin’s recent decline, APE may have reached even greater heights.