Recent updates in the
cryptocurrency market have seen the rise of
ApeCoin (APE), a token associated with the
Bored Ape Yacht Club (BAYC). APE has had a tumultuous journey, with moments of
surge in price followed by drastic downsides. In 2026, ApeCoin expanded to the Solana platform, promoting
multi-chain growth through DeFi partnerships. Subsequently, concerns about governance led
Yuga Labs to propose the replacement of ApeCoin DAO with
ApeCo. This decision was met with diverse reactions from the crypto sphere. After its integration with Solana, APE was still reported to be
98% below its ATH, but this was seen as an opportunity for a possible recovery.
Binance, one of the leading cryptocurrency exchanges, completed a contract swap of ApeCoin on the
BNB Smart Chain(BEP20). This move was significant, as it enabled
ApeCoin staking on ApeChain along with shadow technology. The APE ecosystem expanded when it launched Koda Nexus in Otherside, and in 2025,
US Federal Court declared that
Bored Ape Yacht Club NFTs and ApeCoin were not considered securities. The presale of APEMARS, a meme token associated with ApeCoin, was believed to have great return potential. Sadly, the ApeCoin community encountered a setback when
AirDrop process vulnerability led to the theft of millions of dollars in NFTs. At present, whether ApeCoin is a good investment or a 'pump & dump' disaster waiting to happen continues to be a heated discussion in the market.
APE Coin News Analytics from Wed, 30 Sep 2020 10:06:23 GMT to Sat, 14 Feb 2026 14:46:15 GMT -
Rating 1
- Innovation 0
- Information 5
- Rumor -4
