Understand, ApeChain @apecoin is a dedicated structural layer that generally powers the ApeCoin ecosystem. It has its settlement layer as well as Arbitrum One.
$APE is currently up to $0.57, an estimated 2% increase in price in 24 hours with a market cap of approximately $517M.
Recently, ApeChain has made $APE the native gas token of the ApeChain ecosystem to increase utility, which might reflect in price, offering 10 to 12% yield for staking.
Also, it is integrating more staking pools like BAYC, MAYC, and BAKC NFT where you can bridge and earn more $APE rewards.
Show original
5.5K
127
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.