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Why ApeCoin Is Climbing Again Today

TheMotleyFool

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Red-hot meme token ApeCoin (CRYPTO: APE) is gaining again today. The cryptocurrency's price was up roughly 6.6% over the previous 24-hour period as of 12:45 p.m. ET Saturday. Meanwhile, Bitcoin was up roughly 1.8%, and Ethereum's Ether (CRYPTO: ETH) token was up roughly 2.5%. These gains added to the massive jump ApeCoin recorded on Friday.

The broader cryptocurrency market is enjoying a day of bullish momentum today, and most top-100 cryptocurrencies are now up over last 24 hours. ApeCoin also appears to be benefiting from hype and continued pricing momentum on the heels of its recent explosive gains.

Image source: Getty Images.

Source Fool.com

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