Cryptocurrency Q&A Why did ApeCoin drop so much?

Why did ApeCoin drop so much?

lucas_clark_artist lucas_clark_artist Thu Nov 07 2024 | 6 answers 932
I'm really concerned about the recent sharp decline in ApeCoin's value. It was performing well initially, but suddenly it just plummeted. I want to understand the reasons behind this significant drop. Why did ApeCoin drop so much?

6 answers

SakuraBloom SakuraBloom Sat Nov 09 2024
This internal disagreement led to significant consequences for ApeCoin.

Was this helpful?

324
24
CherryBlossom CherryBlossom Sat Nov 09 2024
Within a week, the price of APE dropped by a steep 28%.

Was this helpful?

55
67
Martina Martina Sat Nov 09 2024
ApeCoin encountered another wave of dissatisfaction from its community.

Was this helpful?

234
57
mia_harrison_painter mia_harrison_painter Sat Nov 09 2024
The decline in price was so severe that APE hit a low of $2.08 in June 2021.

Was this helpful?

115
68
KDramaLegendary KDramaLegendary Sat Nov 09 2024
The primary issue was the unusually high salaries of the DAO leaders.

Was this helpful?

48
43
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts