Author: TechFlow
In the past two days, the gaming sector has collectively revived, and the long-awaited sector rotation effect has also shown some signs.
The most concerned thing in the market since yesterday is that the price of $APE has doubled. At first glance, it seems to be driven by the overall rise of the game sector, but how come it has doubled while rising? After checking social media, I found that the meme hotspot that was still on goats and geese yesterday has shifted to Apechain today.
Yes, Apechain has also decided to start Meme Pump.
Apechain enters the Meme market
At 4:30 am on October 20 (UCT+8), Apechain's first Pump application Ape Express was launched, and Apecoin officials participated in the interaction in a timely manner. The official publicity also made the old OGs in the BAYC community excited. After enduring the entire bear market and half a bull market, the BAYC OGs finally had a place to vent their anxiety about getting rich through Meme. In the first hour of its launch, Ape Express's transaction volume exceeded one million US dollars, and within 12 hours of its launch, the transaction volume exceeded 25 million US dollars.
Ape Express Popular Players Introduction
We have taken stock of several of the most popular tokens currently, ranked by market capitalization. All of them have market capitalizations of over one million US dollars, and there are even two tokens with market capitalizations exceeding ten million.
Note: Meme token prices fluctuate drastically and there is a high risk. Investors should fully assess the risks and participate with caution. This article only shares information based on market hotspots. The author and the platform do not guarantee the completeness and accuracy of the content of the article. At the same time, this article does not contain any investment advice.
Curtis ($CURTIS) - Founder of BAYC
24H trading volume: $12.3 million
Current market value: $24 million
Peak market value: $29 million
BORED ($BORED) - Name, icon double OG
24H trading volume: $2.4 million
Current market value: $15.58 million
Peak market value: $18.5 million
Crypto Is Fun ($CIF) - The first Memecoin on Apechain
24H trading volume: $4 million
Current market value: $8.5 million
Peak market value: $3.78 million
APE（$APE）
24H trading volume: $1.8 million
Current market value: $3.42 million
Peak market value: $6.1 million
Are you eager to participate? Beware of phishing
On one hand, Apecoin’s native currency is pulling up the market, and on the other hand, the chain’s golden dogs are continuously released. The already restless players are now even more anxious. They can’t wait to buy Apecoin and go all in immediately.
But as the saying goes, where the money is, there are scammers. Apechain not only excites gamers, but also phishing operators on the chain who immediately spotted the new "opportunity": less than an hour after Ape Express went online, Pop Punk (@PopPunkOnChain), Co-Founder of Web3 security and transparency platform g8keep, posted a message saying that he was phished on ApeChain and lost $110,000.
Even security experts in the industry are taken advantage of by phishers because of their impulsiveness, which shows how rampant the phenomenon of on-chain fraud is now...
So how do you participate in Ape Express safely?
Add Apechain to your wallet and identify the official cross-chain bridge
First, transfer Apecoin to the ETH mainnet wallet and add the Apechain network to the wallet:
Network Name: ApeChain
Network address:
https: //apechain.calderachain.xyz/http
Chain ID：33139
Currency symbol: APE
(If you are using OKX Wallet, you can directly select Apechain)
Transfer Apecoin from ETH mainnet to Apechain through the official cross-chain bridge. Note that each step should be carefully verified during this process, including wallet connection and signature approval. For unfamiliar operations, it is recommended to try with a small amount first.
Official cross-chain bridge: https://apechain.com/portal
Experience Ape Express
Enter Ape Express and directly select Token for trading. Here we take $CURTIS, which has the highest current market value, as an example:
Summary: Is Meme once again the revival card for old projects?
As of the time of writing, Apecoin has risen by more than 100% from midnight today, and has also driven up the prices of some gaming sector currencies.
At the same time, it was rumored that dYdX would also launch a Meme Pump application. As soon as the news came out, the dYdX token $DYDX rose by about 30% in a short period of time. Obviously, the current market is temporarily paying for the old projects to enter the Meme. Similar to the inscription craze in Q4 last year and the TRON Pump this summer, Meme has once again become the first choice for old projects to rejuvenate.
From a preliminary perspective, Apechain’s first move with Meme as the entry point is quite good. As to whether Apechain’s popularity is short-lived or long-lasting, we will keep an eye on it.
