Whoever controls the meme controls the traffic? 😛
APEchain went online today and started pump mode. The transaction volume has reached 25 million US dollars in 12 hours.
The price of Ape coin soared from 0.73 to a high of 1.405, with a 24-hour increase of more than 100%. The popularity of meme followed. Will the once popular scene of meme on $sol chain and $tron chain be repeated on ape chain? How should we participate?
$APE is the native token of the BAYC Bored Ape community.
1. Participate in community governance and determine the decisions and users of the foundation.
2. Used in the ecosystem as the main payment method.
3. Community benefits for holders, such as in-game items, co-branded peripherals, event tickets, etc.
APEchain, layer3 based on Arbitrum Orbit technology, is a more dedicated expansion layer on L2, with faster transaction mode and economic model. The most eye-catching model is that apechain has opened up functions such as one-click coin issuance, one-click airdrop, user trading of meme coins, and meme user chat and communication.
BAYC Bored Ape, full name Bored Ape Yacht Club, is a well-known NFT project launched by Yuga Labs in 2021, which contains 10k unique monkey NFTs. These are the small pictures of monkey heads that were very popular at the time, and each one sold for tens of millions. At that time, NBA star Stephen Curry, singer Justin Bieber, JJ Lin, Shawn Yue and other stars were all well-known purchasers.
Pump: refers to a group of teams or investors collectively buying a large amount of a certain type of cryptocurrency, and then creating a strong signal of market demand, through hype and publicity, attracting more people to participate in the purchase, and then the price rises to a certain extent, and the early buyers quickly sell for profit, and the price drop ends. It is mostly used for meme coin hype trading behavior and the game between players. Apechain provides such a model.
How to participate in the gameplay of apechain? Here is a quick and simple operation tutorial
1⃣. Purchase Ape on exchanges such as Binance and OUY and withdraw it to the on-chain wallet. The withdrawal network must be EHT chain or ARB chain. You can also purchase Ape directly on the eth chain and arb chain.
2⃣. Use the cross-chain bridge to transfer the eth mainnet $APE to the APE chain
1. Official bridge: apechain.com/portal (It is recommended to use the official bridge, as there is an airdrop expectation. Ape's foundation still has a large amount of ape that has not been allocated, and the official document of apechain indicates that it will reward the ecosystem)
2. Stargate entry: stargate.finance/bridge (low expectation of secondary airdrop and lower cost)
3⃣.APE platform display, pump gameplay
ape.express One-click coin issuance, airdrop, trading meme functions are all here. Participate in Pump: ape.express/explore/bondin…. NFT holders can also explore in the interface options saloon.
Meme K-line: dexscreener.com/apechain
4⃣: Apechain has many apps coming online soon, and the game sector is the focus. At the beginning, Yuga Labs hoped to build the most powerful and ambitious metaverse game Otherside, and a series of NFT assets such as land, pet props, etc. were once hotly traded, but...
Let’s get back to the point
Here is a trading game recommended by Apechain
TOP TRADER Daily Championship for Top Traders
toptrader.xyz
A trading simulation game with regular tournaments offering up to 1000X leverage. The top 25% of profitable traders receive a share of the prize pool, with the top trader (1st place) receiving 50% of the prize pool.
The contest will be held daily from 3:00 PM to 12:00 PM EST.
TOP TRADER runs on APECHAIN, and the registration system is supported by APE PORTAL, which requires ape as gas.
Rules of the Game
Pay a certain amount of ape tickets to participate in the tournament, each person starts with 10,000 US dollars, even if the account is liquidated, you can buy a new ticket and start trading again. After the daily competition, the bonus ape will be distributed and can be withdrawn.
The simulated trading game on apechain is suitable for novices to practice and for good traders to win bonuses. I also played apechain by the way.
5. Conclusion
Currently, the price of $APE has risen too much, and there are risks in chasing high prices. In addition, the funding rate has been negative, indicating that there are many people shorting.
The platform interface of pum p is relatively friendly and simple, especially suitable for beginners. As a new chain, it is likely to produce a few golden dogs. If you want to participate and are not optimistic about the long-term growth of ape prices, you can consider participating in the market by outsourcing or borrowing coins.
