Loading...
tr eur-usd
EURO/USD
1.01%
Euro US Dollar
1,15 TRY
btc
BTC
3.35%
Bitcoin
88.036,85 USDT
eth
ETH
2.71%
Ethereum
1.630,36 USDT
bch
BCH
1.56%
Bitcoin Cash
341,31 USDT
xrp
XRP
2.44%
Ripple
2,13 USDT
ltc
LTC
3.42%
Litecoin
80,45 USDT
bnb
BNB
1.97%
Binance Coin
604,43 USDT
sol
SOL
0.9%
Solana
139,10 USDT
avax
AVAX
5.22%
Avalanche
20,53 USDT
ada
ADA
4.22%
Cardano
0,65 USDT
dot
DOT
1%
Polkadot
3,92 USDT
doge
DOGE
4.3%
Dogecoin
0,16 USDT
shib
SHIB
2.19%
Shiba Inu
0,00 USDT
KriptoBoss.com
featured
  1. News
  2. NFT News
  3. ApeChain Launch Sends APE Token Soaring 40% in Debut

ApeChain Launch Sends APE Token Soaring 40% in Debut

Share

Share This Post

or copy the link

ApeCoin Surges 40% with Launch of ApeChain Blockchain Network

The ApeChain Revolution

With a remarkable 40% surge in the past 24 hours, ApeCoin (APE) has introduced the ApeChain, a cutting-edge Layer 3 blockchain network powered by Arbitrum technology. This move has led to significant market activity, with APE now ranking as the 65th largest cryptocurrency by market cap, standing at $1.1 billion.

APE Integration with LayerZero

One of the key highlights of APE is its integration with LayerZero’s OFT standard, enabling fast and efficient transactions across multiple blockchains. This strategic integration has propelled ApeCoin into the limelight, with a staggering trading volume of $2.2 billion in the past 24 hours, marking a 366.56% increase.

Unveiling ApeChain: The Backbone of the APE Ecosystem

Developed by Yuga Labs, the minds behind the acclaimed Bored Ape Yacht Club NFT collection, ApeChain represents a pivotal technological shift within the APE ecosystem. By leveraging LayerZero’s OFT standard, ApeChain facilitates seamless cross-chain transfers, enhancing utility and scalability for developers and users alike.

APE Price Analysis and Outlook

Despite trading at a notable discount from its all-time high, APE has seen a steady rise of 33.34% since October 2023. The altcoin’s current price of $1.47 positions it within striking distance of the $1.7 to $2 resistance zone. With a strong Relative Strength Index (RSI) indicating bullish momentum, APE’s future looks promising.

As ApeCoin continues to soar on the waves of innovation and technological advancement, its integration with ApeChain sets the stage for a new era of decentralized finance and digital asset utilization.

Disclaimer: The information provided in this article is for educational and informational purposes only. Coin Edition does not offer financial advice. Readers are advised to exercise caution and conduct their own research before making any investment decisions.

0
i_like
I like
0
dikkatimi_ekti
Dikkatimi Çekti
0
do_ru_bilgi
Doğru Bilgi
0
e_siz_bilgi
Eşsiz Bilgi
0
alk_l_yorum
Alkışlıyorum
0
sevdim
Sevdim
ApeChain Launch Sends APE Token Soaring 40% in Debut
Comment
Disclaimer:

The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
ADS Banner

Your email address will not be published. Required fields are marked *

ADS Banner