April hasn’t been kind to crypto. But there is one unlikely bright spot: ApeCoin (APE), the native token for the Bored Ape Yacht Club (BAYC) has surged 37% as investors prepare for Yuga Labs’ upcoming virtual land sale on April 30.
For just about everything else, the end of April can’t come fast enough: only nine of the top 100 cryptocurrencies by market capitalization have posted gains this month, according to data from CoinGecko.
The total crypto market cap dropped more than 18% this month and now stands at $1.8T.
