ApeCoin Traders In Worry As APE Hits All-Time Low

ApeCoin Traders In Worry As APE Hits All-Time Low

ApeCoin (APE) hit its all-time low (ATL) at $1.953 on Monday.
Price of APE dropped 40% over the past 15 days.
All Ape-related creations from Yuga Labs — ApeCoin, BAYC and MAYC — dominated the trends on Crypto Twitter during the Asian noon hours. Neither a positive update nor a pivotal price reversal has occurred. Currently, ApeCoin (APE) is weighed down by the bearish storm.
In the past fifteen days, this web3 altcoin has experienced a decline of over 40%, dropping from $3.372 on June 4 to $2.02 at press time. On Monday, after plunging to its all-time low of $1.953, it pushed all its investors into a state of panic. 
Notably, last week, ApeCoin DAO landed in a heated debate with its community regarding the controversial six-figure annual salaries. APE fell 10% in the subsequent 24-hour window post this controversy, intensifying the downtrend pressure.
Meanwhile, the project’s NFT siblings — Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (NFT) — experienced notable ups

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