The value of APED, one of the most widely used cryptocurrencies, has seen a significant increase over the previous 24 hours after an earlier spike that was over 70% higher.
The meme coin, trading at $7 as of press time, is now sitting at a weekly gain of 66% and a 7% gain in 24 hours, as its trading volume has also increased by 12%.
Because of this unexpected price increase, traders and investors have shown great interest in the asset. Many of them predict that the value of the commodity will continue to rise in the days and weeks ahead.
This occurred due to the asset being listed on Huobi, which is regarded as one of the most crucial cryptocurrency exchanges worldwide.
The recent increase in the price of APED has been attributed in significant part to the fact that Huobi has begun trading cryptocurrency. Huobi, one of the biggest cryptocurrency exchanges in the world, provides buyers and sellers of digital assets with unrivaled access to a wide variety of digital assets.
The asset’s visibility and credibility have both received a big boost due to the inclusion of APED in its platform. The asset’s liquidity has also increased as a direct result of this.
Investors who have recently purchased APED have experienced outstanding gains, with many experiencing a large rise in the value of their holdings over the last week. However, the cryptocurrency market is unpredictable, and it is not unusual for the value of a cryptocurrency to fluctuate suddenly.
Despite today’s bear market, many bulls have remained active, contributing to the strong demand for APED. The asset’s value is anticipated to continue increasing over the next several days and weeks as many investors purchase it.
In conclusion, the recent increase in APED that followed its launching on Huobi is strong evidence of the rising interest in the cryptocurrency sector. This surge came after Huobi announced that it would be listing APED. Even though there are dangers associated with investing in digital assets, the possibility for large returns draws more and more investors to this fascinating market, which is quickly growing.
