APE Coin has been garnering significant attention in the crypto and NFT market. The coin, linked with the popular Bored Ape Yacht Club (BAYC), has seen a flux of ups and downs in its price, recently allowing a 10% gain yet remaining deeply in losses. Future price predictions for the period 2025-2030 show potential for growth. ApeCoin's recent advancements include the launch of a Solana expansion strategy, named $RAID, aimed at tapping over 100 million users, and the initiation of a top trader game, all of which were met with a positive market response, driving ApeCoin prices further up. Alongside these advancements, Yuga Labs has proposed the dissolution of the current APE Coin DAO as a result of failed governance and suggests replacing it with a new entity named ApeCo.
A consistent theme within these news articles refers to ApeCoin's venture into
DeFi partnerships and multi-chain growth, which has expanded its reach to include Solana, positively impacting APE Coin's growth. Recently, its staking has moved to ApeChain utilizing Shadow Technology, with no NFT bridging required. When compared to other memecoins, it has been charting momentum, and in fact, beating some of them in NFT token wars. Despite recent setbacks, the APE ecosystem is still charting progress. The introduction of
Project R.A.I.D, turning the APE token from governance to culture currency is a pivotal step forward. Before wrapping, it's worth noting that a court ruled ApeCoin and Bored Ape NFTs are not securities, bringing clarity on the regulatory front.
APE Coin News Analytics from Sun, 20 Oct 2024 07:00:00 GMT to Fri, 10 Oct 2025 15:14:57 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -6
