🦍 APE: From $2 to $0.23 — What Just Happened?
APE was trading near $2 on December 4th, 2024, and in just months it has collapsed to nearly $0.23, wiping out more than 85% of its value. This isn’t a simple dip — it’s a full reset driven by mass token unlocks, fading hype, aggressive shorting, and zero new demand. The chart shows exactly what a broken trend looks like: falling volume, new lows, and no strong buyers stepping in.
But a crash this violent also tells a different story. Markets don’t die quietly — they overcorrect. APE is now in a deep accumulation zone, where panic sellers exit and smart money slowly reloads. Whether this becomes a final breakdown or a reversal depends on one thing: volume returning at the bottom. For now, APE is showing the classic signs of a market searching for its floor after a long bleed. #ape $APE
