Popular altcoin projects among Turkish investors start the new week with huge news. In particular, Apecoin’s staking program continues to attract investors rapidly.
ApeCoin rallied 50% on this news
ApeCoin evaluates the news feed of December with more than 50% increase. The main reason for the rally was the launch of the staking program in early December. The event caused high anticipation on social media and among the community. The number of APEs staked so far is 57.5 million coins. That’s equivalent to $250 million.
Data provided by Nansen shows that 21% of that number (12.2 million APE) comes from the ApeCoin Foundation. 76 percent were from unknown investors. The equity stakes are around 1% by the major APE holders.
Meanwhile, the price of Apecoin has gained over 50% compared to November. At the time of writing, it is trading 75% above last month’s low of $2.63.
cryptocoin.comAs you follow, Apecoin was one of the most sought-after altcoins among Turkish investors last week.
This altcoin announced its partnership with giant companies
Decentral Games, an innovation initiative in the web3 game segment, announced its partnership with the world’s largest companies. According to official statements, one of these partners is cryptocurrency data monitoring resource CoinGecko. To celebrate the partnership, the two teams are distributing branded Gecko skins among Decentraland users.
With this limited edition skin, users can play ICE Poker on Decentraland. They can also enter Sit-n-Go tournaments absolutely free. Additionally, the Gecko can be used as a fancy avatar for the Decentraland experience. This airdrop follows the previous distribution of Gecko skins: On December 7, 10,000 NFT was launched through CoinGecko’s loyalty program Candy Reward store. In a nutshell Decentral Games and CoinGecko are hosting joint metaverse party on Decentraland
Manipulation claim for Shiba Inu-based altcoin
On December 12, strange activity emerged around the Shiba Inu ecosystem token BONE. According to Etherscan, an anonymous address went into action again after 413 days. Later, it drew 905,000 BONE from the liquidity pool. The anonymous investor then traded 300,000 BONDS for WETH, which was equivalent to $232,800.
This whale currently still has 605.642 BONUS in its wallet. That’s almost half a million dollars.
0xPlasma Labs CEO proposes Uniswap v3 to be deployed on BNB Chain
0xPlasma Labs has proposed deploying Uniswap v3 to the BNB Chain, potentially bringing additional users and value. According to CEO Ilia, this move could bring in an additional $1 billion and 1-2 million new users in TVL. The proposal is currently under discussion. Ilia, a long-time supporter and contributor of the Uniswap ecosystem, suggested discussing with the community the possibility of deploying Uniswap v3 on BNB Chain:
The Uniswap ecosystem is crucial in the development of the global decentralized finance (DeFi) ecosystem. However, it has yet to embed its protocol on BNB Chain, the second largest Blockchain infrastructure by volume and user base.
Ilia also talked about “missing the opportunity” for Uniswap. He suggested that the platform could “expand its reach and potentially drive further growth and adoption of DeFi.”
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