>>20276929The coin is a little over a month old, and a lot of people made beaucoup money as early buyers you can bet there's a good portion that are cashing out while at the same time new buyers are coming in speculating Apu to further increase. The price is still consolidating and hands are being exchanged with new blood entering Apu. Considering we've had multiple market contractions from FUD campaigns ranging from WWIII, the sun exploding, SEC going after metamask, IRS FUD, Biden tax hikes, and a number of other FUD I can't recall the coin has been performing exceptionally well if you compare it with others.
Of course the risk still exists with whales killing the chart but despite that Apu has definitely positioned itself as the top of mind with meme coins.