The Bored Ape Yacht Club token is quietly sliding today. $APE ApeCoin is hovering around $0.10, down about 2.5% in 24 hours, extending its monthly losses to more than 36%. Since the start of the year, the coin has lost more than half its value, despite remaining the governance token of the ApeChain ecosystem. Once a sensation during the metaverse land boom, it now offers little but quiet red numbers.
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