ApeCoin (APE) hits a new all-time high ahead of this week’s Otherside land auction By Cointelegraph


ApeCoin (APE) hits a new all-time high ahead of this week’s Otherside land auction

The nonfungible token (NFT) and Metaverse sectors have been the bright spots in an otherwise sideways crypto market in 2022 and proof of this comes as the APE token hit a new all-time high at $22.60 on April 28.

The steady bullish momentum for APE is, in large part, due to the upcoming The Otherside land auction being held by Yuga Labs and Animoca Brands in conjunction Bored Ape Yacht Club NFT project on April 30.

APE/USDT 4-hour chart. Source: TradingView