- Millions of Time Magazine subscribers, one of the most popular altcoins of recent times, in the very near future. ApeCoin (APE) can pay with.
An Ethereum-based token released by the creators of the Bored Ape Yacht Club’s non-fungible token collection, according to an announcement by Time Magazine on Twitter. ApeCoin (APE) announced that it will begin accepting it in the coming weeks.
“We congratulate the ApeCoin DAO on the launch of ApeCoin and are also excited to announce that TIME will be accepting APE for digital subscriptions in the coming weeks.”
Congrats to the ApeCoin DAO on the rollout of @ApeCoin & thrilled we can announce that @TIME will be accepting $APE for digital subscriptions in the coming weeks on https://t.co/tiBU5fsE5B ⏰❤️🍌🦍
— TIMEPiecesᵍᵐ ⏰ (@timepieces) March 20, 2022
Originally iconic release, available for digital subscriptions from last April Bitcoin (BTC) and XRP, Ethereum (ETH) and Dogecoin (DOGE) It made it possible to pay with other cryptocurrencies, including
Time Magazine also auctioned some of its most catchy covers as non-fungible tokens last year. Also, the popular platform agreed to hold Bitcoin on its balance sheet after partnering with Grayscale, a subsidiary of Digital Currency Group.
Earlier this week, the first issue of the 98-year-old publication also aired as NFT. In a recent interview, covered by Ethereum co-founder Vitalik Buterin, programmers outlined their main concerns with the crypto industry, claiming that it could escalate into a dystopia driven by nefarious, over-enthusiastic actors.
The much talked about cryptocurrency was airdropped to Bored Ape Yacht Club owners on Thursday.
The token, which started trading on major cryptocurrency exchanges such as Binance and Coinbase, got out of control in the first hours it started trading: the altcoin jumped to $ 39.40, then fell to $ 8.9.
The cryptocurrency, which has been trading volatilely from the beginning, continues to move quite volatile. According to data provided by CoinMarketCap, the cryptocurrency has dropped nearly 22 percent in the last 24 hours and is currently trading at $10.37. The Ethereum-based token is currently worth $2.8 billion, making it the 47th largest cryptocurrency by market cap.
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.