“It’s still to be determined what ApeCoin enables beyond governance,” Sean Farrell, head of digital asset strategy at Fundstrat, said. “If history has taught us anything, meme-driven tokens can undergo some pretty crazy episodes of price discovery.”
Bitcoin Price (BTC) Tumbles to $69K, Leads to $450M in Liquidations
In the meantime, bitcoin bulls might be left scratching their heads at what might be needed for a true upside...