As the development spread, there were interactions that suggested that it could change the ApeCoin trajectory. However, on-chain data revealed that the circumstances were far from what was projected. Given the condition at press time, Santiment showed that APE’s exchange inflow sunk to 4,291. A simplification of this drop indicated investors’ unwillingness to sell their holdings.
However, the fact that it surged as high as 665,000 in the last hours of 5 December proved that there had been someSource: Santiment This was a slight increase from 4 December. Nevertheless, the implication did not translate to increased interaction with the ApeCoin network.In relation to its network growth, Santiment showed that ApeCoin picked up an increase in this regard. At the time of writing, the network growth was up at 587. As this was a weighty uplift, it implied that new entries into ApeCoin’s network had helped improve the ecosystem’s health.