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ApeCoin Secures Key Liquidity From Wintermute; Can APE Price Rally Another 100%?

  • ApeCoin (APE), an altcoin focused on the NFT space, has seen a 100% price rally in the past week.
  • The growth of ApeCoin is attributed to its NFT ecosystem and adoption by institutional investors and retail traders.
  • The project launched its mainnet blockchain, Apechain, to enhance NFT minting and trading.
  • The APE price is currently retesting a crucial resistance level and aims for $2.71, but may fall to $1.24 if rejected.

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