ApeCoin Traders Make Bold Moves in PowerTrade's Altcoin Options Market

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.

APE ecosystem's governance and utility token APE has doubled in value to $1.50 since the weekend, leading the broader market higher.Options activity on PowerTrade, a crypto exchange focused on derivatives tied to alternative cryptocurrencies , suggests that the recent strong bullish momentum is expected to persist in the short term.

Most activity is concentrated on the Oct. 22 and Oct. 25 expiry contracts, with traders buying higher strike out-of-the-money calls at strikes as high as $2.2 or nearly 50% higher than APE's going market price.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 291. in BE

Belgique Dernières Nouvelles, Belgique Actualités