APEX (ApeX Protocol) fell 4.67% in the last 24 hours.

Gate News Bot news, September 28, according to CoinMarketCap data, APEX (ApeX Protocol) is currently priced at $1.94, a fall of 4.67% in the last 24 hours, with a high of $2.70 and a low of $0.24. The current market capitalization is approximately $261 million, a decrease of $12.8049 million compared to yesterday.

ApeX Protocol is a decentralized exchange and trading platform that focuses on providing a high-performance and precise trading decentralized ecosystem. Its ApeX Omni product is a multi-chain liquidity aggregation trading platform built on a modular, intent-driven architecture, offering a variety of trading products, deep liquidity, and a seamless user experience. ApeX also provides perpetual contracts, spot trading, social rewards center, DeFi copy trading, and other features.

Important news about APEX recently:

1️⃣ ApeX Fusion strengthens the EVM ecosystem ApeX Fusion has established a strategic partnership with Nexus and Tenderly to strengthen the EVM ecosystem. This collaboration is expected to bring more robust technical support and broader ecosystem integration to the ApeX Protocol, enhancing its competitiveness in the decentralized trading space.

2️⃣ Large holders reap substantial profits A large investor purchased 489,376 APEX tokens, currently holding a floating profit of about $200,000. The APEX token experienced a 233.3% increase in a single day, indicating the market's high interest in the project and short-term speculative enthusiasm.

3️⃣ ApeX Group expands tokenized fund infrastructure ApeX Group has formed a strategic alliance with Zigchain to jointly launch a tokenized fund infrastructure. This initiative will open up new business areas for ApeX Protocol and potentially increase its influence in the DeFi and asset management sectors.

From a technical perspective, the price of the APEX token has experienced significant fluctuations in the short term, ranging from a low of $0.24 to a high of $2.70, reflecting the drastic changes in market sentiment. The current price has retraced to $1.94, which may be an adjustment after a rapid short-term rise. Investors should closely monitor the project's ongoing development and changes in market sentiment.

This message is not intended as investment advice; investors should be aware of market volatility risks.