Why are people aping into these Ape coin. 1 its an ERC20 Token cant even transfer it to your personal wallet without paying an arm and a leg in transaction fees. 2. Its based on NFT's lol. I just can't believe that this coin is already flying through the market cap ranks. Wouldn't surprise me if it becomes ranked #20 next week.
Here I am DCA'ing in ALGO and ONE and learning about DEFI and how Tokenomics work and out of nowhere this APE token comes along and just overtakes some of my investments in market cap on the first day. Lol, some of my investments aren't even listed on Coinbase. Am I doing crypto wrong? I might just stop buying coins with purpose and Ecosystems and buy these shit coin moonshots.
My friends at work have crypto but they don't know much about it and most of them either have Shiba Inu or ETH and here I am learning all about crypto and investing and DCA'ing and an APE Coin comes along and just takes over. Im gonna start investing in shit coins for the pleasure and pain.
What do you guys feel about APE Token? Is it the next Shiba Inu? Even though. it got released a few days ago I feel we are late and its bag holders will suffer in the end.
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