
March 21st, 2025
ApeCoin (APE) continues to make its mark in digital art, gaming, decentralized finance (DeFi), and entertainment. Dive into the latest ApeCoin news to stay informed about the token and how it powers one of the most popular non-fungible token (NFT) ecosystems and learn about how ApeCoin is expanding its application across several Web3 use cases.
The MONKY airdrop has created a buzz among FLOKI and APE communities, presenting an opportunity to increase visibility for these tokens.
ApeCoin has doubled in value, with bullish options activity suggesting traders are optimistic about further growth, driving up open interest by over 800%.
The NFT-focused DeFi project announced the launch of its mainnet dubbed Apechain to ensure sustainable future growth of ApeCoin.
Despite a broader market uptrend, The Sandbox’s SAND token dipped around 3%.
The drop in the floor price of the BAYC NFTs has a spillover effect into ApeCoin (APE), which is an important part of Yuga Labs’ virtual world called Otherside.
GALA was the top-gainer among the NFT rally that began last week and was last seen changing hands at $0.042.
While Ape staking is slated for less than two weeks, it will only be available in selected countries, with the United States and Canada among the omissions.
The NFT marketplace by ApeCoin DAO seeks to address creator royalties and pass half of seller fees of each transaction back to the ApeCoin DAO community.
Analysts observe that ApeCoin has formed a symmetric triangle pattern which typically indicates a breakout of either side of the market.
The latest move has been lauded as a vital one for the ApeCoin project as it will provide it with significant exposure in the mainstream. The digital coin at press time was trading at $7.20, up over 11% in the past 24 hours.
According to the legal firm, Yuga labs also launched the ApeCoin to defraud investors.
The majority of NFT and Metaverse tokens started off on a very high bullish note as users were amazed at the way each of the protocols’ sought to drive the mainstream adoption of NFTs and gaming at launch.
The Bitso launch in Colombia happened during a volatile period in the crypto market. Besides the fact that there are still so many people who are unfamiliar with digital assets, the market witnessed one of its biggest crashes in recent memory leading to losses for investors.
The launch of the spot trading platform comes at a time when the market is experiencing a significant downturn.
The $25 million seed round is said to be used for the development of the company and the expansion of its team.
Apecoin APE $0.55 24h volatility: 2.6% Market cap: $439.36 M Vol. 24h: $56.78 M is rising in popularity in the Web3 landscape, putting itself as an important asset in the world of decentralized applications (dApps), non-fungible tokens (NFTs), and the metaverse. The asset was created by ApeCoin DAO, the entity behind the popular Bored Ape Yacht Club (BAYC) NFTs launched in 2021.
Apecoin was initially only associated with the BAYC NFT collection. However, the ecosystem grew and extended the asset’s use cases, making it pivotal to decentralized finance (DeFi) protocols and play-to-earn (P2E). As a growing player in decentralized finance, ApeCoin allows its holders to stake their tokens, participate in yield farming, or provide liquidity, to earn rewards. APE’s utility also extends to gaming, as it is used to reward gamers for their participation and achievements.
ApeCoin plays an important role in promoting decentralized governance. Holders can suggest proposals and vote on critical decisions affecting the project’s future. The decentralized voting method ensures that all community members lend their voices to the evolution of the project. Members can easily contribute to new developments, partnerships, and possible collaborations with other related Web3 projects.
As ApeCoin evolves, its role in DeFi will become more pronounced as other projects integrate the coin into their respective functions. ApeCoin’s longevity will be shaped by its ability to adapt to new use cases within its ecosystem or as required by potential partners.
ApeCoin (APE) has strong ties to the Bored Ape Yacht Club (BAYC), which gives it immense growth potential. The asset’s use cases are also expanding to DeFi and gaming. However, since most cryptocurrencies are volatile, investors must conduct extensive research before a purchase.
ApeCoin is integrated into play-to-earn (P2E) platforms, where players receive the asset for gameplay and also for hitting specified milestones.
ApeCoin earnings are possible through staking, liquidity provision, and gaming.
Holders can vote on key decisions regarding the ApeCoin project’s future. APE holders can also submit proposals for community votes.