ApeCoin transactions congest the Ethereum network in the Metaverse Otherside

The NFT Bored Ape collection developer, Yuga Labs, recently held a digital parcels sale based on their metaverse. Labs have had its virtual project launched for months, with which it has raised some $320M, making it the most relevant offering in the NFT market.

Timeline of Apecoin-ape, Ethereum

The leading NFT market OpenSea starts accepting Apecoin and it surged in value over the past week as we can see more today in our latest altcoin news. The Ethereum-based governance token used in the BAYC ecosystem -Apecoin surged in value over the past week.

Standard Chartered's Head of Crypto Research believes Bitcoin and Ethereum will end 2022 on a high note. He remains positive that a bullish outcome is in store for the two cryptocurrencies, despite the recent blip in April.

We spoke with the co-founder of Laconic, Maly Ly, who has teamed up with Ethereum developer Rick Dudley to create a data app store for web3. The post Ethereum core developer to launch Web3 app store for data appeared first on CryptoSlate.

In April, cryptocurrency markets experienced a significant consolidation, with some major tokens plummeting from their 2022 highs. The total market capitalization of cryptocurrencies has dropped by approximately $400 billion. Cardano (ADA) had the poorest month of the top-10 cryptos, shedding a third of its value as investors worried about the blockchain's long-term prospects. Bitcoin, which …

Per data from Token Terminal, OpenSea generated almost as much revenue from transaction fees as the Ethereum blockchain during the period. Even more impressive is the fact that OpenSea achieved the feat without a token or token incentive, the crypto market data aggregator noted.

A three numeric Ethereum Name Service (ENS) domain dubbed 555.eth has just been sold for 55.5 ETH worth over $160,000. It now holds the record for the most expensive ENS domain ever sold.

Ethereum has played a significant role in the mainstream adoption of cryptocurrency and DeFi in general. Ethereum's market capitalization is currently $340 billion, indicating how much the cryptocurrency grew in the last decade.

Ethereum price analysis is bullish today as we expect the $2,775 support to hold and reverse the current several-day push lower. Likely ETH/USD will move back above $2,850 and retrace further.

ApeCoin soars 14% ahead of the Otherside sale and BTC got below $40K which made the former the crypto with the biggest gains over the day so let's read more today in our latest cryptocurrency news today. Bitcoin failed to surpass $40,000 and returned to below $39,000 with the majority of the altcoins being in

APE price surged fiercely on Saturday wiping out all the previous day's losses. The bulls make a strong comeback giving the signals that upside momentum is strongly inhibited in the price action.