APE Investors Disheartened as Its Price Dips 97% From ATH

• APE investors are struggling as the token’s price now stands at $1.03 after reaching an all-time high of $39.40.
• A medium-term negative price channel had formed on APE’s daily chart.
• If traders identify APE’s current price as a buy opportunity, then it may retest the $1.298 mark.

Many investors feel dejected when looking at the current Apecoin (APE) price. One investor took to X yesterday sharing his own disappointment with the meme coin’s performance as he bought the token when it was worth $23.63. His holdings that totaled $35,445 are now worth only about $1,635.

According to CoinMarketCap, after APE reached its all-time high (ATH) price of $39.40 in March of 2022, the price of the altcoin has dropped by more than 97% to trade at its current value. At press time APE was worth $1.03 after its price fell by over 4% in the past 24 hours alon…

The post APE Investors Disheartened as Its Price Dips 97% From ATH appeared first on Coin Edition.