Apecoin Whales Flex Their Muscles, Attempt to Sway Vote in Favor of Moving APE Off Ethereum

Three ApeCoin whales have voted against the proposal to have APE remain on Ethereum. Late last week, 99% of the ApeCoin votes were for the proposal to keep APE within the Ethereum ecosystem.

Timeline of Apecoin-ape, Ethereum

Several apecoin (APE) whales have voted against the proposal by the ApeCoin decentralized autonomous organization (DAO) that suggested staying on Ethereum (ETH), giving the majority support to migrating to another chain - at least for now.

A community proposal to keep ApeCoin (CRYPTO: APE) on the Ethereum (CRYPTO: ETH) blockchain has taken a surprising turn over the weekend. What Happened: On June 3, ApeCoin community member ASEC put forth the AIP-41 proposal to keep APE within the Ethereum ecosystem.

Data from Dune Analytics shows that OpenSea's Ethereum volume in May turned out lower than the previous month, which somewhat suggests that Ethereum may be losing the steam on NFTs or a general downtrend in the market.  OpenSea records 25% volume drop According to the data from Dune Analytics, the largest NFT marketplace recorded a.

Ethereum's richest bagholders are currently loading up on one exchange token, plus three other altcoins in the decentralized finance (DeFi) sector. According to data from blockchain tracking service WhaleStats, the top 100 Ethereum whales have their eye on WOO, the utility token that powers WOO Network, a decentralized exchange (DEX) that aims to provide deep The post Biggest Ethereum Whales Load Up on One Exchange Token and Three Decentralized Finance Altcoins: On-Chain Data appeared first on The Daily Hodl.

Ether (ETH), Ethereum's native currency, has lost over half its value in dollars since 2022. Also steadily declining over Bitcoin (BTC), and Ethereum Price is presently stuck below $2,000 for a number of reasons. Furthermore, due to a lot of different things that are mentioned below, the ETH price might drop even more in June. …

Ethereum, the world's largest altcoin, has seen unprecedented traction since its inception. Fair to say, the upcoming “Merge” has played a significant role in upping the associated interest in the crypto.

The Ethereum price ever since the infamous market crash in May maintained a descending consolidation. The prices failed to surpass INR 1900 but also held the support levels at $1738 strongly. Despite a couple of bullish indicators, the second-largest crypto remains refrained from a strong bull run. Therefore, what may be waiting for the ETH …

Ethereum (ETH) tracked a broader recovery in the crypto market, jumping over 5% in the past 24 hours as sentiment improved. The token was last trading at $1,882.80, according to data from Coinmarketcap.com.

For the bulk of this year, the crypto market has been experiencing extremely bearish sentiment. On top of that, we have black swan events such as the demise of Terra's stablecoin ecosystem, which in turn pummeled the market cap of the combined crypto markets. It's times like these that give us an opportunity to reflect …

This week, ETH reached a high of $2016, however, the second-largest cryptocurrency quickly rolled over and lost the $2K mark once again, and currently trades around $1800. This analysis will try to highlight the necessary signals before a possible trend reversal.