The future of ApeCoin (APE) is examined from various perspectives, with multiple price predictions being made for years 2025 to 2031. Analysts foresee a potential recovery but also note a recent plunge to an all-time low. Amidst this, optimism surrounds the imminent unlocking of 1.95% APE tokens on July 17th. Yuga Labs, creator of the Bored Ape Yacht Club (BAYC), proposed the dissolution of ApeCoin DAO, citing failed governance. A new entity, ApeCo, is being suggested as a replacement.
ApeCoin staking is moving to ApeChain, a transition supported by Shadow Technology, negating the need for NFT bridging. Despite a recent 10% gain, investors remain stuck in heavy losses. The infrastructure of ApeChain, central to the APE ecosystem, is also explored. Binance however, discontinues BAYC and MAYC NFT staking. APE staking is adjusted alongside this change. ApeCoin NFT staking will migrate to ApeChain, starting April 15, 2025.
The ApeCoin Foundation announced the appointment of Cameron Kates from Yuga Labs as the new CEO. Moreover, the SEC has ended its investigation of Yuga Labs in relation to BAYC NFTs and ApeCoin. ApeChain has ignited a 100% APE price rally due to its recent launch, despite the APE price being potentially impacted by Azuki drama and NFT prices crashing. Other notable developments include the proposal by Yuga Labs to sunset the ApeCoin DAO and launch Apeco.
APE Coin News Analytics from Wed, 16 Mar 2022 22:03:04 GMT to Thu, 31 Jul 2025 21:52:48 GMT - Rating 3 - Innovation 2 - Information 8 - Rumor -4