2 years ago
Shaurya is an analyst/editor for CoinDesk's markets squad successful Asia.
Tesla laminitis Elon Musk enactment up a collage of Bored Apes arsenic his Twitter illustration representation connected Wednesday. ApeCoin (APE), the autochthonal token of the Bored Ape Yacht Club ecosystem, surged 11% during the European trading session.
APE roseate sharply to arsenic overmuch arsenic $16.60 from this morning’s $14.40 level, data shows. The token is utilized to ballot connected assemblage decisions and different services wrong the fashionable Bored Ape Yacht Club (BAYC) ecosystem.
No nonstop correlation betwixt the 2 events was established astatine the clip of penning and it was besides unclear if the collage was of Bored Apes, oregon monkeys that resembled the multibillion dollar-valued BAYC collection.
Musk is an infamous proponent of Dogecoin (DOGE) and has antecedently lent enactment to the memecoin’s improvement and adoption. He had antecedently stated that illustration pictures connected Twitter showcasing one’s non-fungible tokens (NFT) were “annoying.”
Several celebrities person enactment up, oregon had enactment up, Bored Ape pictures arsenic their Twitter illustration pictures, which has contributed to the wide popularity of the NFT collection. The list includes hoops prima Stephen Curry and instrumentalist Steve Aoki.
CoinDesk reached retired to Yuga Labs for remark astatine the clip of writing.
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Shaurya is an analyst/editor for CoinDesk's markets squad successful Asia.
Shaurya is an analyst/editor for CoinDesk's markets squad successful Asia.
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