Blockchain

Will ApeCoin Have Its Own Chain? $APE Is Now Accepted by Over 19,000 dApps and Games on Polygon Ecosystem

ApeCoin Is Now Available on Polygon Ecosystem

After the recent Yuga Labs’ Otherdeeds NFTs minting issue, which sparked suspicion of a new chain for APE, ApeCoin announced its integration with the Polygon ecosystem. With the addition of ApeCoin to Polygon Ecosystems, the $APE Token is now accepted by over 19,000 dApps and games!

Yuga Labs, the creators of the Bored Ape Yacht Club NFT collection, started minting Otherdeeds NFT land on Sunday. With an anticipated $300 million in sales, the launch received enormous support from its community. Despite this, the launch experienced a number of difficulties, including raising ETH gas fees to previously unheard-of levels, requiring users to spend between 2 and 5 ETH for gas.

As a result, customers who were unable to mint NFTs but still had to pay ETH gas costs were angry and vented their frustrations on Twitter, with some even declaring their withdrawal from APE-related investments.

While Yuga Labs pledged to refund their gas, several users suspected that the failure was part of a marketing trick to draw attention to an issue before launching a new APE chain. An ApeCoin DAO spokesperson, on the other hand, denies this.

Yat Siu, one of these DAO board members, stated that there was no discussion concerning the idea of an APE chain among the DAO’s board members or with other parties.

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.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

Victor

Recent Posts

Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory

BTFD Coin is offering a chance to relive the glory days of meme coin investing,…

57 minutes ago

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

1 hour ago

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

5 hours ago

Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town

Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…

11 hours ago

Crypto Market Outlook 2025 Key Factors to Watch

The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…

14 hours ago

Bitcoin Quantum Computing Threat Expected to Take Decades

The Bitcoin quantum computing threat is years away, but reserves already support post-quantum signatures via…

14 hours ago

This website uses cookies.