ApeCoin (APE), the native token on the Bored Ape NFT collection, rallied to near record highs on Wednesday. A bulk of its rally in the past 24 hours can be attributed to speculation over an announcement by founder Yuga Labs on its upcoming metaverse. APE jumped 23% in the past 24 hours, coming close to The post ApeCoin (APE) Rallies Over 20% To Near Record High, Here’s Why appeared first on CoinGape.