Meme token with tweets from a few phenomena on Twitter today On ApeCoin (APE) A strong rally started.
As it is known, ApeCoin was recently launched by the developers of Bored Ape Yacht Club (BAYC), the world’s most popular NFT collection.
Rumor has it that Meme Token ApeCoin’s Metaverse Land Sales Will Begin Soon
According to the speculation of Twitter influencers, Yuga Labs, the developer team behind the BAYC collection, will start selling land for the Metaverse project named “Otherside” and this land sale will be priced at APE.
Was just sent some huge alpha re @yugalabs land drop. The sale will be a Dutch auction of some sort starting at 600 $APE.
BAYC / MAYC (Airdrop)
Punks, Meebits, Cool Cats, Nounz, WoW, Toadz (Auto WL)get your $APE ready. Looks like we’re gonna need it. #BAYC #OTHERSIDE
— renegademaster / guccibayc.eth (@renegademasterr) April 20, 2022
Yuga Labs has not answered the questions asked on the subject at the time of this writing.
According to the available data, the APE price is trading at $16.25, with a nearly 23% rally in the last 24 hours.
However, according to CoinGecko data, it is noteworthy that the meme token has gained more than 68% in the last 30 days. APE’s total market capitalization soared to $4.6 billion this week.
With the APE token project launched in March, Yuga Labs, the developer company of the project, announced that “ApeCoin will be made the main token to be used for all new products and services”.
However, information about the company’s Metaverse project “Otherside” is limited. Some characters from the popular NFT collections Cool Cats, Nounz and Toadz can be seen in the trailers released by Yuga Labs. The base price of these NFT collections has also been on the rise this week.
However, this information has not yet been verified by Yuga Labs and cryptocurrency It should not be forgotten that speculation is very common in the world.
*Not investment advice.