ApeCoin ($APE) Hits Its New ATH as the BAYC Metaverse ‘Otherside’ Land Sale Day Is Coming

April 28, 2022 - Around 2 mins mins to read

ApeCoin ($APE) Hits Its New ATH

On April 28, the ApeCoin token reached a new all-time high of $22.65. The upcoming Otherside metaverse land sale, which will be hosted by Yuga Labs and Animoca Brands in conjunction with the Bored Ape Yacht Club NFT project on April 30, is the main reason for APE’s consistent bullish momentum.

Screen Shot 2022 04 29 at 02.01.18 — Source: CoinCu

Only KYC-approved wallets will be able to participate in the sale of the first 100,000 land plots at the Otherside launch, which will be held in a Dutch auction-style sale. All sales will be paid for with APE, which is obviously helping to boost demand for the token by allowing interested parties to store the token in preparation for the sale.

The Otherside adventure will begin on 4/30 at 12pm ET, only on https://t.co/UWRD4dOC9H. The KYC on https://t.co/mbSVzDX9tp was to participate in Saturday’s mint — only those who KYCed can participate. More details in the ????.
— Othersidemeta (@OthersideMeta) April 25, 2022

Wallets holding a BAYC or MAYC NFT will be able to claim a land plot for free for the first 21 days following the auction, without having to be KYC-approved.

Demand for APE has also increased as a result of ongoing governance votes within the ApeCoin community, demonstrating that BAYC and MAYC holders want to be more involved in the ecosystem’s future development.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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ApeCoin ($APE) Hits Its New ATH as the BAYC Metaverse ‘Otherside’ Land Sale Day Is Coming