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ApeCoin Staking Rewards Cause a Hype Around APE; Is a Rally on the Cards

The announcement of ApeCoin’s [APE] staking rewards increased the hype around the token. Subsequently, there was a lot of interest in the token and the NFTs associated with it.

Many people from the crypto community have tried to profit from staking rewards. The way users can get their hands on the rewards would be to become a part of any one of the four staking pools. 

The NFT collection’s floor price increased by 9.83% over the past month, according to NFT GO. Whales showed a sudden interest in the collection as well, as can be seen from the image below.

(by Suzuki Shillsalot)

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