Original source: Karen, Foresight News

Reprinted: Koala, Mars Finance

Some assert that ApeChain has a natural advantage in meme traffic since its inception, while others say that Yuga ecosystem users, including BAYC holders, may not care much about the future development of ApeChain, viewing money as trivial and transcending material desires.

On October 20, as ApeCoin launched the ApeChain mainnet and its official cross-chain bridge on Arbitrum Orbit L3, the price of APE tokens experienced a leap from $0.75 to $1.72. Although it slightly retraced to around $1.55, the increase exceeded 100% in just over a day. Meanwhile, the floor price of Yuga Labs NFT series, including BAYC and MAYC, also rose accordingly. Notably, according to Ember monitoring, a single address that spent $1,140 to purchase CURTIS has seen a floating profit of $1.46 million.

Indeed, the current price of APE is still quite distant from its historical peak of $28. However, ApeChain undoubtedly adds new vitality to APE, as it not only becomes the native gas token of ApeChain but also occupies a core position in the Yuga Labs ecosystem, being used for transaction fees, voting rights in ApeCoin DAO, and as a payment method in Yuga Labs games and IRL purchases.

In addition, through cooperation with LayerZero, APE has achieved deep integration with LayerZero's OFT standard, enabling APE to flow seamlessly between ApeChain, Ethereum, and Arbitrum. LayerZero further revealed that the ApeCoin native yield mechanism built with Decent allows users to earn yields from their ApeCoin balances without any manual operations, while maintaining interoperability across the entire chain.

However, we also noticed that some meme coins on ApeChain have slightly cooled off after a brief surge, with only two meme coins (CURTIS and BORED) remaining above a market cap of $10 million.

Dune's data shows that on the second day after ApeChain's launch, its asset inflow volume exhibited a significant downward trend. If ApeChain fails to continuously attract and retain more funds, its popularity and liquidity may be hard to maintain.

However, after exploring the ApeChain ecosystem, I also found some innovative projects. This article summarizes and organizes 7 ApeChain ecological projects worth attention.

Projects in the ApeChain ecosystem worth paying attention to

1. Ape Express

Ape Express is a meme launch platform similar to Pump.fun. When the market cap of new tokens reaches $131,180, all liquidity from the joint curve will be deposited into Camelot and burned.

Ape Express stated that within 24 hours of its launch, a total of 2,640 tokens were created on the platform, of which 55 tokens completed the joint curve, with trading volume on ApeChain exceeding $50 million.

In addition, Ape Express plans to launch a points reward program in the future to incentivize early adopters (including trading users and token creators). According to official documents, Ape Express will distribute FUCKIT tokens to participating users based on points at the end of each week. Currently, information regarding FUCKIT tokens is unavailable.

Ape Express also brings a benefit for Bored Ape or Mutant NFT holders, allowing tokens on its platform to airdrop meme tokens to NFT holders.

https://ape.express/

2. Camelot

Camelot is the first DEX to support Ape Express. Camelot has previously supported Arbitrum and multiple L2 and L3 networks based on Arbitrum. The current circulating market cap of Camelot tokens is $17 million, with an FDV of $75 million.

3. Saru

The Ape Express official website shows that Saru and Camelot are the first exchanges to support Ape Express, although Saru has not yet launched. However, according to Saru's official information, Saru is an ApeCoin-native crypto trading protocol supported by Sushi Labs.

https://x.com/saru_ex

4. Top Trader

Top Trader is a trading simulation platform that currently hosts a tournament every day. Users must deposit 10 APE as an entry fee, which will be pooled as a reward for users who use leverage. Participants start with 10,000 in-game simulated trading currency USDN. On the Top Trader platform, the minimum leverage multiplier users can choose is 100x, with a maximum of 1000x. All trades are simulated, and the maximum loss for users is limited to the 10 APE entry fee.

In addition, to enhance user experience, Top Trader uses Yuga ID (powered by Privy) to abstract all on-chain activities.

https://x.com/toptrader_xyz

5. Ape Names

Ape Names will be launched by D3 Company on October 22 at 22:00. D3 is a next-generation identity company focused on bridging the gap between traditional internet infrastructure and Web3, planning to apply for the .APE TLD (top-level domain), which will first support the minting and trading of domain names on ApeChain.

In a forum proposal, a member of the D3 team stated that D3 intends to provide relevant APE domain names for each BAYC and MAYC NFT holder (e.g., MACHI * APE, 7065 * APE). Members of the ApeCoin community will have priority to register before other *APE domain names are offered to the public. D3 commits to reallocating 50% of all total revenue generated back to ApeCoin DAO.

However, it is worth noting that applying for TLD (top-level domain) is not an easy task. No entity or individual can directly own a TLD. ICANN grants the rights to exclusively operate each TLD and profit from it to specific institutions through contracts, which are automatically renewed every 10 years. D3 stated that the upcoming ICANN application round may open as early as 2025.

6. BattlePlan

A fighting game released by Pixel Vault on ApeChain.

https://enterthevault.app/

7. Rise of the Undead

A game launched by the NFT series Chimpers.

https://enterthevault.app/chimpers/play

Appendix: ApeChain Interaction

1. Purchase APE on Ethereum in CEX and cross-chain APE to ApeChain via the official cross-chain bridge, or use Stargate for cross-chain.

2. After connecting the wallet, MetaMask will prompt to add the network to the wallet, or you can add it manually:

Using a compatible wallet like MetaMask, add ApeChain as a custom network, or you can add it manually.

Network Name: ApeChain

Network URL: https://apechain.calderachain.xyz/http

Chain ID: 33139

Currency Symbol: APE

3. Explore ApeChain ecological meme data on DEX Screener or Ape Express: https://dexscreener.com/apechain

4. Explore the aforementioned ApeChain ecological applications.