- ApeCoin revealed new updates regarding AIP.
- It recently published its latest transparency report.
- The native coin APE may rise by mid December.
The APE community recently revealed new updates regarding its APE Improvement Proposals (AIP) which were the recommendations to improve the network. According to this update, there were 47 AIP in the process last week, with seven new AIP ideas submitted and 1 AIP withdrawn since then. It also released its transparency report, which brought out APE balances, inflows and outflows, and grants that were allocated, paid, and remain. As per the report, the APE foundation holds APE 470 million in its treasury, over half a million in accounts payable, and APE 181 million reserved for services and grants. Further, Horizon labs partnered staking, which was initiated recently, hyped the APE coin sending it on a bull run. This news release works like a charm for the APE coin as the price plans to surge.
Here’s what the charts tell
The price plans to surge, taking support of …