First VeChain (VET) Then ApeCoin (APE): Price Volatility With News

Luxury fashion brand Gucci has announced that it will accept payments in ApeCoin (APE), the token of the Bored Ape Yacht Club (BAYC) collection, through Bitpay.

Gucci At around 16.30 CEST made on Twitter in sharingannounced that it will accept payments with ApeCoin. Apecoin price with sharing a 9% rise lived. However, minutes later, Gucci removed the post, and this time the price of ApeCoin dropped significantly.

About 15 minutes after these events, Gucci reappeared. share the same made. Many investors are thought to be victims in this process.

A similar incident took place in VeChain.

VeChain, normally a post that needs to be archived shared. In the post shared by the Blockchain protocol, with Amazon Web Services established a technological partnership was located. With this share, VeChain’s native token VET an increase of nearly 10% showed. Later, the company made another statement on Twitter and made the following statements:

We apologize for the confusion created. The article about Amazon Web Services was for archival purposes. The original text was shared on May 9, 2022.

With this statement, VET has regressed to the position where it started to rise and is currently from $0.269 is being traded.


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