Is APE Price Ready For $2 Jump?


APE ecosystem has been observing a decline in the overall treasury from $13 Million to $7 million within a month's period. The overall successful proposals presented on the network have also taken a dip of over 50%. Previously the ratio of total proposals to successful proposals was around 1 to 1.32 but this month it has reached to 2. It suggests that the community has rejected a great number of proposals this month.
Looking at the BAYC NFT it has a floor price of 17.61 ETH while its competitor cryptopunks has a floor price of 41.5 ETH. The ecosystem is seeing a great surge in the NFT interest. Many analysts are expecting a strong growth in the APE Dao ecosystem in the future.

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