Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed

Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available via MATIC's 19,000 decentralized applications (dapps) and games. Apecoin

Timeline of Apecoin-ape, Polygon

Elon Musk, for some odd reason, manages to shake up the core of the cryptocurrency market each time he says, does, or even thinks something. On 4 May, Musk went ahead and changed his Twitter display picture to a collection of Bored Ape Yacht Club (BAYC) NFTs followed by a tweet about the same.

Meshwap, decentralized exchange (DEX), has launched on Polygon reporting one million-plus users accessing its DeFi ecosystem. Polygon is a platform for Ethereum scaling and infrastructure development claiming 7000+ applications hosted, over 3.4 billion total transactions processed, and about 135M+ unique user addresses.

APE just made a lot of noise, courtesy of another Elon Musk social media comment, which easily rouses the crypto market. Musk updated his Twitter profile photo on Wednesday to include various avatars from the Bored Ape Yacht Club collection of non-fungible tokens.

APE surges in one hour after Elon Musk put a BAYC Twitter profile picture which resulted in the 20% price increase as we can see more today in our latest altcoin news. The richest man on earth, Elon Musk, caused a stir once again in the crypto community after he decided to put a Bored

MATIC delivered a heavily bearish performance in April but it looks like the bears are running out of momentum. Although the selling pressure seems to be tapering out, the price demonstrated some sideways action in the first three days of May due to a lack of strong buying pressure.

Elon Musk is yet again in the picture as he chooses Apecoin after Dogecoin and Shiba Inu. The popular and the largest Web3 token broke out of its comfort zone and rallied by nearly 20%. After Musk changed his profile pictures to Apes, the native token of the Board Ape Yacht Club(BAYC) ecosystem soared from …

ApeCoin (APE) prices skyrocketed on Wednesday after Tesla CEO Elon Musk changed his Twitter profile picture to feature several Bored Apes. APE jumped  over 15% within minutes after Musk's move, and is now trading positive for the day at $17.25, according to data from Coinmarketcap.com.

Polygon price analysis reveals MATIC prices have been trading in a bearish trend but a break out in the previous 24-hours has been witnessed with the bulls continuing to show dominance posing more buying pressure in the market. Polygon prices have seen a price surge of 3.08 percent as the prices hover above the $1.45 mark.

ApeCoin [APE]'s recent surge caught the attention of not just monkey lovers, but also whales and other smaller sea creatures in the crypto ocean. Since then, however, APE's price has plunged again.

Be[in]Crypto takes a look at the price movement for seven different cryptocurrencies, including ApeCoin (APE), which is scrambling for support after a 45% drop since its all-time high. The post ApeCoin (APE) Rebounds At Previous All-Time High Resistance: Multi-Coin Analysis appeared first on BeInCrypto.