ApeCoin Tokenomics Raises Centralization Questions
With the recent launch of ApeCoin ($APE), questions surrounding its tokenomics have surfaced, leading many to question whether this will truly be a decentralized infrastructure. Last week, Yuga Labs announced ApeCoin, a token that the company says will be used for future gaming and entertainment applications. On its launch Thursday, a total of 1
ApeCoin Soars After Launch, BAYC NFT Prices Pump and Dump
Source: AdobeStock / AscannioThe Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it.At 10:13 UTC on Friday, APE traded at USD 14.61, up 41%