Apecoin on volatile ride, since exchanges bored appe yacht club-link crypto list

Apecoin on volatile ride, since exchanges bored appe yacht club-link crypto list

Large cryptocurrency exchanges started on Thursday with the listing of APECOIN (APE) - the token, whose performance is closely connected to the Bored Ape Yacht Club (BayC).

Coinbase, FTX, Gemini and octopus have added all ape to their platforms.

DAVID MA, Head of Listings from FTX, described the token as a "high-quality cryptoasset", which "aroused great interest in the FTX community that absolutely wanted to take part in the Yuga Labs ecosystem".

"[WE] will continue to support projects that are innovative, benefit the crypto ecosystem and promote the introduction of blockchain technology," Ma told Blockworks.

Binance, octopus and coin base did not react immediately to inquiries about comments.

apecoin is an etherum utility token that is managed and introduced by a decentralized autonomous organization - the APECOIN DAO. Having a token is the only prerequisite for DAO membership.

"The token will offer access to exclusive goods, games and events that take place in the ecosystem itself," said Binance in a statement .

APE will serve as a decentralized protocol layer for new products and services that “drive culture into meta -verses”. website . Token owners can vote on how the DAO funds are used.

during the token-drops Subjects who set up and verified Twitter accounts hacked to attract investors and empty their digital wallets.

The APECOIN-TOKEN-which was thrown out of the air to BayC NFT owners-had a rocky start on the stock exchanges on Thursday. The token therefore plunged from $ 39.4 to $ 6.31 from Münzbasis . The token was traded at $ 8.26 at the time of publication.

From Thursday, the owner of APE NFT (non-fungable token) could claim 10,000 APE tokens, Fifteen% of the overall offer of APECOIN. 16 % it was