Chart of The Day: ApeCoin Launches!
The launch of ApeCoin (APE)—an airdrop tied to Bored Ape Yacht Club—was announced yesterday at around 5 pm ET, which led to a spike in floor price for the community’s various NFT collections. BAKC saw an initial spike in floor price, but soon trended down as they were required to be paired with either a BAYC or MAYC to be eligible for APE token claims.