Support for This Metaverse Coin from OpenSea – Price Moves

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  • Leading NFT marketplace OpenSea has now confirmed that it supports payments with Apecoin (APE), the Ethereum-based management token used in the BAYC ecosystem, which has rapidly gained in value over the past seven days.

By Yuga Labs, creators of Bored Ape Yacht Club otherside OpenSea, the largest NFT marketplace, has announced that it has accepted ApeCoin, following the massive rise of APE today following the launch of its metaverse.

This is support news. of Apecoin (APE) It came just days after it became the largest metaverse cryptocurrency by market cap.

According to the data compiled by CoinMarketCap, ApeCoin, which has risen above the $ 25 level today following the positive developments, is trading with an increase of about 9 percent compared to the last 24 hours and more than 40 percent compared to the last week. Coin continues to rise at the time of writing.

“Opensea just announced that ApeCoin will be used to shop on their platform!👏🎉🎊”

The fact that OpenSea is accepting Apecoin as a payment method is not surprising news for the NFT community. Because Apecoin has been performing quite well as the only popular cryptocurrency that has been doing well regardless of the downtrend in overall market conditions lately. APE has climbed more than 78 percent in the last 14 days.

The OpenSea platform also Polygon (MATIC), Klatyn, Ethereum (ETH) and Left (LEFT) It supports four more blockchain networks. Solana is the newest integration of the platform.

nft

As previously reported, APE became the number one metaverse cryptocurrency (ahead of sand and mana) earlier this week. At the same time, the platform otherside announced that they are about to launch the metaverse land sale. The reaction of the price of the Metaverse coin to all these developments in its ecosystem recently also proves that Apecoin is in pretty good shape. This is pretty good news for the Apecoin community.

othersideis a metaverse game world built in partnership with NFT game publisher Animoca Brands and includes a number of projects including Apes, CryptoPunks, Meebits, and Cool Cats.

Yuga Labs also The Sandbox (SAND) and Decentraland (MANA) considered to be similar to those used to represent ownership of virtual land. “Otherdeed” It plans to launch its NFTs. Otherdeeds will be available for public sale and awarded to owners of Bored Ape and Mutant Ape.

Land sales in Otherside will begin Saturday at 9:00 PM EST (4:00 PM on Sunday).

Apecoin is the leader in earnings

Data from CryptoCompare reveals that APE is one of two digital assets leading the market in terms of earnings over the past 30 days. APE has gained more than 50 percent compared to last month.

“Crypto market leaders: APE and KNC

These two cryptocurrencies are leading the market in terms of gains over last month after rising 55.37% and 55.89% respectively.

Apecoin recently witnessed the price increase before the start of the upcoming BAYC Otherside land sales.”

Ahead of the Otherside metaverse launch, which is expected to happen today, a Twitter user claimed that there are currently more than 30,000 wallets holding more than 305 APEs, with 38 percent (i.e. 16,684) of them even verified with KYC. In addition, the investor stated that more than 12,450 wallets hold more than 600 APEs. Also, according to users, 29,140 copies were printed in the first wave; this is the maximum number that can be printed in a wave.

Whales add APE to their stash

The craze for APE tokens from big investors continues to increase following the developments taking place in the platform’s ecosystem. In the past week, Bitcoin (BTC) has fallen by more than 3 percent, while it has increased by more than 40 percent. ApeCoin (APE) large ETH attracted the attention of investors.

ETH whales have added more than $12.4 million in APE tokens to their wallets since yesterday, according to data from whale watching platform Whalestats. This move of the whales is thought to be directly related to the highly anticipated Metaverse project “Otherside” mentioned above. The continued massive demand for BAYC NFTs is also thought to be one of the factors driving the growing demand for the native token Apecoin.

You can check the price movements here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.


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