{"id":14253,"date":"2022-12-09T19:36:38","date_gmt":"2022-12-09T19:36:38","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/09\/apecoin-ape-usd-staking-launches-with-a-thud-will-bulls-overcome-relentless-bears\/"},"modified":"2022-12-09T19:36:38","modified_gmt":"2022-12-09T19:36:38","slug":"apecoin-ape-usd-staking-launches-with-a-thud-will-bulls-overcome-relentless-bears","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/09\/apecoin-ape-usd-staking-launches-with-a-thud-will-bulls-overcome-relentless-bears\/","title":{"rendered":"ApeCoin (APE\/USD) staking launches with a thud! Will bulls overcome relentless bears?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670613661440-e06c41c6-d835-40f4-843b-450351072c36-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670613661440-e06c41c6-d835-40f4-843b-450351072c36-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670613661440-e06c41c6-d835-40f4-843b-450351072c36-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670613661440-e06c41c6-d835-40f4-843b-450351072c36-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1670613661440-e06c41c6-d835-40f4-843b-450351072c36.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">ApeCoin gained 3% on Friday and stays inexperienced over the week<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">ApeCoin will begin to concern staking rewards on December 12<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The cryptocurrency faces resistance approaching the higher restrict of descending channel<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">ApeCoin (APE\/USD)\u00a0<a href=\"https:\/\/coinjournal.net\/glossary\/staking\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>staking<\/u><\/a> performance is not a dream \u2013 it\u2019s a actuality. Staking rewards are set to start on December 12. Apes are making merry because the staking service launches with a thud, identical to the APE airdrop.<\/p>\n<p dir=\"ltr\">ApeCoin staking launched on December 5, a lot to the thrill of its communities. In simply in the future after the launch of the staking characteristic, $32 million price of APE was deposited within the staking contract. Stakers at the moment are anticipating the rewards in a few days, with 175 million APEs anticipated to be distributed in three years. The quantity represents round 17.5% of the overall ApeCoin tokens in circulation. Will the staking characteristic launch enhance the worth of APE?<\/p>\n<p dir=\"ltr\">As CoinJournal beforehand <a href=\"https:\/\/coinjournal.net\/news\/apecoin-hits-resistance-after-a-weekly-surge-what-next-as-the-staking-feature-nears\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>reported<\/u><\/a>, APE was gaining forward of the staking service. The positive aspects have cooled, in a typical purchase the rumours, promote the information situation. However, it isn&#8217;t that precisely, as APE had gained by an intraday of three% as of press time. The cryptocurrency has remained at greater than 2% previously week. Will APE proceed with the positive aspects because the staking rewards trickle in? That will rely upon the technical modifications in APE value.<\/p>\n<h2 dir=\"ltr\"><strong>ApeCoin trapped in a descending channel amid a bullish push<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/09\/1670613675783-43c0c135-3de3-4c89-adfa-c0c652c1a2b8.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"307\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/APEUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>APE\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">On the each day chart, APE trades on the higher restrict of the descending channel. The cryptocurrency has been buying and selling at this degree for weeks, with bulls getting rejected. The value motion is, nonetheless, wanting more and more bullish, as proven by a continued push to interrupt greater.<\/p>\n<h2 dir=\"ltr\"><strong>What to look at subsequent for APE?<\/strong><\/h2>\n<p dir=\"ltr\">A breakout on the higher restrict of the descending channel is the important thing occasion for ApeCoin subsequent. The breakout will see APE value additionally overcome a essential resistance at $4.2.<\/p>\n<p dir=\"ltr\">A breakout on the descending channel and $4.2 resistance will place APE for restoration to the following resistance at $5.0.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase APE<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro gives a wide selection of cryptos, resembling Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and replica or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTcwMDU&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy APE with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Nexo<\/h3>\n<p>Since 2018 Nexo has strived to carry skilled monetary companies to the world of digital belongings. Leveraging the perfect of the staff&#8217;s years of expertise in FinTech alongside with the ability of blockchain expertise, Nexo empowers tens of millions of individuals to harness the worth behind their crypto belongings, shaping a new, higher monetary system.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/nexo-crypto?guid=OTcwMDU&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy APE with Nexo today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/apecoin-staking-launches-with-a-thud-will-bulls-overcome-relentless-bears\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] ApeCoin gained 3% on Friday and stays inexperienced over the week ApeCoin will begin to concern staking rewards on December 12 The cryptocurrency faces resistance approaching the higher restrict of descending channel ApeCoin (APE\/USD)\u00a0staking performance is not a dream \u2013 it\u2019s a actuality. Staking rewards are set to start on December 12. Apes are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[502,4394,676,640,186,3580,4613,51,5461],"class_list":["post-14253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-apecoin","tag-apeusd","tag-bears","tag-bulls","tag-launches","tag-overcome","tag-relentless","tag-staking","tag-thud","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14253"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14253\/revisions"}],"predecessor-version":[{"id":14254,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14253\/revisions\/14254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14255"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/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