đ đđApeCoin Doubles in Price as ApeChain Launches With Pump.fun Clone, 'Top Trader' Game
đ ApeCoin Doubles in Price After ApeChain Launch
ApeChain, a new Ethereum layer-2 network, was launched by ApeCoin DAO during ApeFest Lisbon. The launch, featuring apps like a meme coin launchpad and trading simulators, saw ApeCoinâs price more than double, from $0.75 to $1.74. Currently, itâs at $1.48 but still shows a 96% increase over the past week.
đđ„ ApeChainâs Launch and ApeCoinâs Surge
ApeChain, powered by Arbitrum technology, was selected by the DAO after beating competitors like Polygon and zkSync. The network supports LayerZero's Omnichain Fungible Token (OFT), allowing cross-chain transactions. ApeCoin is now ApeChainâs native currency, and its market cap jumped to over $1 billion, despite being down 94% from its 2022 peak.
đźđŻ New Dapps and Games on ApeChain
ApeChain features various decentralized apps, including a clone of Solana's Pump.fun, which lets users launch tokens with zero technical knowledge. Popular tokens like CURTIS and BORED have already reached multi-million-dollar market caps. Top Trader, a Yuga Labs game with 1,000x leverage trading, offers real crypto prizes. Upcoming games include Sugartownâs poker game and Yuga Labsâ Otherside metaverse.
