After months of anticipation following its testnet phase in July, ApeChain has officially launched, marking a significant milestone for the ApeCoin community. With the network now live, users can seamlessly transfer $APE , $ETH , and stablecoins to ApeChain to start earning returns. The launch also introduced a user-centric incentive program designed to create more opportunities for earning on the platform, further increasing its appeal.
The network's launch has led to a rapid influx of meme coins, with numerous tokens debuting in the first few minutes of the launch. Several meme coins have seen their market capitalizations soar, with CURTIS emerging as a standout, reaching a valuation of $16 million. Other notable tokens include $CIF, with a market cap of $5.3 million, and $DOOKEY, valued at $3.5 million. Additionally, ApeChain introduced ApeExpress, a platform for token creation, comparable to Solana’s pump.fun.
The excitement surrounding ApeChain’s debut has fueled a sharp rise in ApeCoin's price. $APE saw a substantial increase, surging from $0.73 to $1.42, reflecting nearly a 100% gain in just a matter of hours. This impressive performance underscores the strong market interest in ApeChain and its potential to become a key player in the meme coin ecosystem.
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