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ApeCoin's APE Could See Selling Pressure Ahead of Major Token Unlock

More than 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.

ApeCoin’s APE tokens slid early Friday ahead of a token unlock over the weekend. (Bored Ape Yacht Club, modified by CoinDesk)
ApeCoin’s APE tokens slid early Friday ahead of a token unlock over the weekend. (Bored Ape Yacht Club, modified by CoinDesk)