Market Roundup: $APE Surges in a Bummer of a Month for Crypto

April hasn’t been kind to crypto. But there is one unlikely bright spot: ApeCoin (APE), the native token for the Bored Ape Yacht Club (BAYC) has surged 37% as investors prepare for Yuga Labs’ upcoming virtual land sale on April 30.

For just about everything else, the end of April can’t come fast enough: only nine of the top 100 cryptocurrencies by market capitalization have posted gains this month, according to data from CoinGecko.

The total crypto market cap dropped more than 18% this month and now stands at $1.8T.

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