Mastering Meme culture does mean mastering traffic and attention to a certain extent. The launch of APEchain has attracted widespread attention in the market, with its trading volume reaching $25 million in a short period of time, and the price of APE soared from $0.73 to a maximum of $1.405, with an increase of more than 100% in 24 hours, which undoubtedly increased the popularity of Meme coins.

As for whether you should chase APE, it depends on your investment strategy. If you plan to hold it for a long time until the end of the year, now may be an opportunity to buy. However, if you are a short-term investor, you may need to be more cautious because chasing highs is usually accompanied by higher risks.

APE is the native token of the BAYC (Boring Ape Yacht Club) community, which has multiple uses:

Participate in community governance and have a direct impact on the decision-making of the foundation.

As the main payment tool in the ecosystem, it is used for various transactions and activities.

Holders can enjoy community benefits, including in-game items, co-branded peripheral products, and event tickets.

APEchain is a Layer3 network based on Arbitrum Orbit technology, which provides a more professional expansion layer on top of Layer2, realizing a faster transaction model and economic model. A notable feature of APEchain is that it has opened up the one-click coin issuance and airdrop functions of Meme coins, as well as a platform for users to trade Meme coins and chat with Meme users.

BAYC Boring Ape is a well-known NFT project launched by Yuga Labs in 2021, containing 10,000 unique ape NFTs. These NFTs have been sought after by celebrities including NBA star Stephen Curry, singer Justin Bieber, JJ Lin, Shawn Yue, and their value once reached hundreds of thousands or even millions of dollars.

The Pump phenomenon usually refers to some teams or investors taking collective actions to buy a large amount of a certain type of cryptocurrency, creating a strong signal of market demand, attracting more people to participate in the purchase through hype and publicity, and then quickly selling for profit after the price rises to a certain extent until the price drops. This is a strategy commonly used in Meme coin hype trading behavior, and the game between players is particularly obvious here. Apechain provides such a trading model