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"APE for everyone who is confused what you are watching is big wallets sucking up all of the liquidity, slowly so people keep buying at this price. the drop is coming when they are satisfied.. then they will repurchase for half off when everyone panick sells." - Ethridgesean The owners of BAYC collection on ETH recently listed their token $APE which is used for a community of games, promotions and community (working alongside Animoca NFT games brand). At its current price, the token is somewhat stable at $13~. Tradewashing is a practice on OpenSea with quite a few collections, so it would be unsurprising to find that the majority buyers of this token at current prices are hoping to leave unsuspecting buyers with this token. Being closed off to most, the community around BAYC and MAYC (mutant apes) hasn't really cemented itself as a mainstay and is too young to truly deserve this valuation. #bayc #eth #nfts #gaming #pump #hype

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