Wreck League's Mech Mint: All You Need to Know for the Upcoming Event
Wreck League's Mech Mint is coming soon and Animoca Brands and nWayPlay are preparing for the event. To participate, you will need ApeCoin in your wallet to purchase boxes and ETH to cover gas fees. The mint will start at 12pm EST, but those with allow listed wallets can access the waiting room at 11:30am EST. 25,000 Majestic Boxes will be available for purchase at 150 $APE each, and each Wreck Leaguer can make a single purchase during their allocated turn.
ApeCoin hits all-time low as Bored Ape Yacht Club NFTs face renewed pressure
ApeCoin, the Ethereum-based token powering Yuga Labs' Otherside metaverse game, hit an all-time low as the Bored Ape Yacht Club NFT collection faced renewed pressure. ApeCoin is linked to the valuable Bored Ape profile pictures and fell to $1.77 before rebounding to $1.84. The market for PFPs is faltering, causing assets associated with Yuga Labs' smash hit to fall back to earth. Despite the decline, ApeCoin is still ranked #65 among all other tokens in terms of market capitalization, with a total value of $675 million.
NFT Interest Wanes Across Crypto Sector, BAYC and MAYC Impacted
July 4 (Cointime) - The NFT market has experienced a decline in interest, particularly affecting Yuga Labs' Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). The introduction of Bitcoin Ordinals led to a rally in the NFT market, but interest has since declined.
Optimism, Aptos and ApeCoin set for largest token unlocks in July
July 3 (Cointime) -According to Theblock,Crypto networks Optimism, Aptos and ApeCoin are set for significant token unlocks this month, releasing more than a combined $100 million worth of tokens into circulating supply.
Binance NFT Allows Staked Ape NFTs as Collateral for NFT Loans
June 22 (Cointime) - Binance NFT has announced that users can now use staked Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs as collateral for NFT Loans through the Ape NFT Staking Program. This new feature allows users to earn ApeCoin (APE) rewards while staking their existing NFT collateral or gain access to higher liquidity by completing an NFT Loan with a staked BAYC or MAYC NFT.
ApeCoin Holders Face Financial Losses as 95% Experience Negative Returns
ApeCoin holders are facing financial losses as 95% of them are experiencing negative returns. The declining network growth, dominance of short-term holders, and rising negative sentiment are posing challenges for ApeCoin's price.
ApeCoin （APE）Continues Bearish Swing, Consolidates at Key Support Level
ApeCoin has continued its bearish trend, dropping from $3.81 to $3.21, with a loss of over 46% since mid-February. The current price is just above the key support level of $3.20, and sellers are looking to extend the bearish trend.
ApeCoin DAO Proposes Community-First DEX to Benefit Holders
The ApeCoin DAO has proposed the creation of a decentralized exchange (DEX) to benefit ApeCoin holders by enabling the decentralized exchange of ERC-20 tokens with multi-asset pools.
ApeCoin Price Prediction for 2023-2032: NFT Industry Continues to Boom with Bored Ape Yacht Club Project as One of the Most Successful
The ApeCoin Price Prediction for 2023-2032 indicates that the NFT industry is thriving and the Bored Ape Yacht Club project is successful in the blockchain industry. ApeCoin's current price is $3.31, with a 24-hour trading volume of $44,058,090. Although ApeCoin has been trading sideways for most of the past month, technical indicators suggest that it may continue to fall in the short term. However, according to the ApeCoin Price Prediction by Cryptopolitan, ApeCoin is expected to rebound by the end of 2023 and reach a maximum price of $4.63. The ApeCoin Foundation aims to create a decentralized future where everyone has an equal say and to use the APE ecosystem to create digital gaming, entertainment, and art.
Crypto Evening Briefing: Ethereum Gas Fee Jumped Due to Memecoin Frenzy With Mixed Comments on Network Usability
Ethereum's gas fees have reached a new multi-month high due to a growing memecoin frenzy, resulting in a surge in daily revenue for the network.
ApeCoin Community Approves $1M Donation to Ethereum Development
The ApeCoin community has donated $1 million to support the ongoing development of the Ethereum blockchain. The community-led initiative, titled "I don't hate apes, I just want them to fund public goods," received a majority of votes in favor of the donation. ApeCoin is a cryptocurrency linked to the Bored Ape Yacht Club, a collection of unique digital ape NFTs. The proposal includes donating $300,000 to ETHGlobal and allocating the remaining $700,000 towards organizing 11 ApeCoin hackathons and supporting at least five public good initiatives. The proposer of the donation, ex-ApeCoin special council member Maariab, stated that Ethereum benefits from shared responsibility and collective appreciation, and the ApeCoin community should support the ecosystem.
ApeCoin Community Passes Proposal to Allocate $1 Million for Crypto Public Goods
April 20 (Cointime) - The ApeCoin community has voted in favor of a proposal to allocate $1,000,000 to support crypto public goods through ETH Global and ApeCoin hackathons. The proposal, titled <a href="https://forum.apecoin.com/t/aip-230-i-dont-hate-apes-i-just-want-them-to-fund-public-goods/11280">"I don't hate apes, I just want them to fund public goods!"</a>, received 46.21% of votes in favor, while 29.96% voted against it, and 23.84% abstained.
ApeCoin Community Passes Proposal to Allocate $1 Million for Crypto Public Goods
The name of the proposal is inspired by a tweet from Ethereum co-founder Vitalik Buterin, who expressed his desire for the ApeCoin community to fund public goods.
ApeCoin Proposes $1 Million Funding for Crypto Public Goods Inspired by Vitalik Buterin's Tweet
April 16 (Cointime) - ApeCoin introduces a new proposal, "I don't hate apes, I just want them to fund public goods!", aiming to allocate $1,000,000 to support crypto public goods through ETH Global and ApeCoin hackathons.
ApeCoin Proposes $1,000,000 Funding for Crypto Public Goods Inspired by Vitalik Buterin's Tweet
The name of the proposal is inspired by a tweet from Ethereum co-founder Vitalik Buterin, who expressed his desire for the ApeCoin community to fund public goods.
ApeCoin Surges 1,950% on South Korean Crypto Exchange Upbit
On April 12, Yuga Labs' ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit before most gains were wiped out in a sharp sell-off. However, the token is still trading at $10.90 apiece at the time of publication, representing a significant premium of around $4.50 compared to other exchanges.
Ledger And ApeCoin Are Teaming Up To Teach $Ape Holders About Wallet Security
Hardware wallet company Ledger is teaming up with the ApeCoin DAO to teach $Ape holders about wallet security.
Mutant Apes Take the Lead in Serum City, an ApeCoin-Powered Ethereum NFT Game
Novel Labs and Mutant Cartel founder Lior Messika is set to develop Serum City, a city-builder game that uses Ethereum and ApeCoin as its primary in-game currency. Mutant Apes, Bored Ape Yacht, Genesis Oath, or Mutant Hound NFT collections owners are required to play the game at launch, with Serum City gradually opening access with each new season of content.
ApeCoin Community's Proposal for New NFT Series Fails to Pass with 86.75% Opposition Rate
The ApeCoin community's proposal to launch two new NFT series, AIP-206, has been rejected with an opposition rate of 86.75%, according to the Snapshot voting page. The proposal suggested the launch of "Ape Coin Armory Club NFT" and "Ape Coin Pet Club NFT" to incentivize APE holders and expand into the metaverse community within the broader Yuga Labs ecosystem. However, it failed to pass and will not be implemented.
ApeCoin Community Rejects Proposal for Two New NFT Collection Series
The ApeCoin Community has voted on a proposal that suggested the creation of a new NFT series, rejecting the idea. ApeCoin Armory Club and Ape Coin Pet Club were the two NFT collections.
