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ApeCoin price, market cap on Coin360 heatmap

ApeCoin(APE)

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$4.2063
(5.61%)
0.00024454 BTC
Market Cap (Rank#32)
$1,519,534,260
88,342 BTC
Vol 24h
$74,240,611
4,316 BTC
Circulating Supply
361,250,000
Max Supply
1,000,000,000
9h agocointelegraph
Bitcoin price consolidation could give way to gains in TON, APE, TWT and AAVE
If Bitcoin rises above its overhead resistance, TON, APE, TWT and AAVE could begin to tack on outsized gains.
16h agocryptodaily
Crypto Weekly Roundup: BlockFi Goes Bankrupt And More
President Vladimir Putin and the Russian central bank are discovering the many benefits of cryptocurrency and blockchain-based payment systems in light of the many sanctions weighing down the country’s economy. Let’s find out more. Bitcoin The European Central Bank (ECB) published a report criticizing Bitcoin and stating that it was n the road to irrelevance. Binance transferred $2 billion worth of BTC as a part of its proof-of-reserve audit, causing panic that it was the next exchange to go the FTX route. Ethereum Russian banking giant Sber, formerly Sberbank, has announced that it is integrating MetaMask and Ethereum on its proprietary blockchain. The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has changed his stance and refused to acknowledge Ethereum as a commodity. DeFi BNB-based DeFi protocol, Ankr has confirmed that hackers exploited an unlimited minting bug, resulting in losses worth millions of dollars. MakerDAO has announced that it has passed a governance vote which will remove Alameda Research-linked renBTC from its stablecoin collateral vaults. Altcoins Apecoin staking website Apestake.io has added the United States to its list of geoblocked locations. Users from the U.S. will not be able to access the platform directly. Technology Messaging app Telegram has announced plans to build a decentralized exchange and non-custodial wallets in the wake of the FTX collapse. Russia’s President Vladimir Putin has criticized the number of sanctions imposed upon the country by the west and has called for a global payment system independent from external interference. Business Ex-CEO Sam Bankman-Fried has given the odd interview post the FTX crash, in which he has always maintained that he didn’t set out to commit fraud. The second largest crypto exchange in the U.S., Kraken, has announced that it is laying off around 30% of its staff, which is approximately 1100 employees. California-based cryptocurrency exchange Bitfront has announced that it will close for business and will focus instead on the LINE blockchain ecosystem. Binance has again opened up the Japanese market to its services by acquiring Sakura Exchange BitCoin (SEBC). Billionaire crypto entrepreneur Tiantian Kullander died in his sleep Sunday at the age of 30. The company he co-founded was reportedly raising around US$100 million. Beleaguered cryptocurrency exchange FTX and affiliated companies have announced the resumption of employee salary payments and benefits after weeks of uncertainty. Crypto lender BlockFi filed for Chapter 11 bankruptcy protection in the United States on Monday, just days after suspending withdrawals amid the fallout from FTX. Regulation A leaked EU proposal to restrict privacy-enhancing coins could be a serious worry for this crypto niche. Brazil’s lower house of Congress has passed a bill granting limited legal status to crypto payments and establishing a regulatory framework for the industry. The Texas Securities Board has summoned Sam Bankman-Fried to a hearing to investigate whether FTX and Sam Bankman-Fried violated any Texas securities laws. NFT Uniswap finally launched its NFT aggregator platform, where users will be able to conduct NFT trading from across multiple marketplaces. Coinbase pointed fingers at Apple, claiming its app store policies forced the crypto firm to remove NFT transfers from the Wallet app on iOS. Web3 Luxury car manufacturer Porsche has become the latest brand to enter the Web3 space by launching its own NFT collection. Cybersecurity company Kaspersky recently published a report which indicated that cyberattacks could increase on the metaverse in 2023. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptodaily
ApeCoin (APE) And Enjin Coin (ENJ) Hit Roadblocks As Flasko (FLSK) Soars
The cryptocurrency industry has been devastated by the negative downturn this year, with the second most popular crypto exchange filing for bankruptcy a few weeks ago. These events have made some investors doubt the viability of renowned currencies like ApeCoin (APE) and EnjinCoin (ENJ). New initiatives have responded to the situation and shined a bright beacon of hope due to sharply lowering costs. One of these initiatives, Flasko, has attracted much interest and is presently in the second round of its presale. ApeCoin (APE) To Soon Introduce Staking Implementing ApeCoin (APE) staking is now the most vital driver for the coin. Horizon creator Horizon Labs has been focusing on the capability to stake ApeCoin (APE) these last few months. Unfortunately, the unique weekly members of ApeCoin (APE) have been progressively falling over the past few months and haven't yet reached the currency's initial high. Even though ApeCoin (APE) is intended to be used as a transaction token in the APE ecosystem, its price is currently $4.10, and holders are jumping ship. Enjin Coin (ENJ) Under Serious Pressure Players may purchase game goods in various Metaverses and virtual worlds using the Enjin Coin (ENJ). It acts as a standard currency that users may trade for advantages in addition to being employed to buy NFTs. But, with the Metaverse not taking off like predicted, the Enjin Coin (ENJ) has also suffered. The Enjin Coin (ENJ) is currently worth $0.3139, a 31% drop in the last month. This fall is a bad omen, and Enjin Coin (ENJ) holders are looking for another coin with more profit potential to add to their investment portfolio. Flasko (FLSK) To Offer Substantial Improvements While Enjin Coin (ENJ) and ApeCoin (APE) are waiting for broader Metaverse adoption, the presale for Flasko is advancing. But what does it offer? Flasko presents an alternative investment platform that enables purchases of premium champagne, wines, and whiskeys which Flasko will create as fractionalized NFTs. The benefit of purchasing a full NFT over a fractional one is that you can get the actual bottle(champagne, whiskey, or wine) underpinning the NFT. When we mention Flasko, we also must mention security. Flasko excels with an audit complete through Solid Proof and locked liquidity for 33 years; these are significant measures to prevent rug-pull scares! Flasko is relatively young but has reached Stage Two in just a blink of an eye. And with a current price of just $0.099, we can see why interest keeps growing. Buying early will bring you more profits in the future. And that notion is true, with crypto experts predicting a 4,000% surgeand a price of $4 by May 2023. If you would like to be a part of this future blue-chip token, visit the links below: Website: https://flasko.io Presale: https://presale.flasko.io Telegram: https://t.me/flaskoio Twitter: https://twitter.com/flasko_io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
1 day agozycrypto
BAYC Struggles to Survive the Mass NFT Decline As Floor Prices Plummet
The non-fungible token (NFT) market has been plunging along with the rest of the cryptocurrency market. Bored Apes Yacht Club (BAYC), the largest NFT collection by market capitalization, has seen its floor price—the minimum price a piece in the collection sells for—fall 20% in the past week. The sharp plunge has seen the collection’s pieces […]
1 day agocryptodaily
WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy
Cranfield, England, 3rd December, 2022, ChainwireInvestment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome. FEAC is an Italian non-profit organization focused on awareness, education and research to improve the care given to children and adolescents on the autism spectrum. In attendance at the Rome event were leadership figures from the WAHED and FEAC organizations. WAHED Chairman Shaikh Abdulla Bin Ahmed Bin Salman AlKhalifa and FEAC President Eros Cenci were joined by prominent members of their teams. Sergio Torromino, former Italian Member of Parliament and current WAHED Board Member Dr. Salvatore Alberto Turiano, staff vascular surgeon at the University Hospital Policlinico-San Marco in Catania, Italy Dr. Luigi Lidonnici, FEAC member and owner of an autism therapy center in Calabria Giuseppe Scuderi from the Scientific and Technological Park of Sicily Following a locked-in vesting period, 5% of the donated WAHED Coin will be released after 1 year. All appreciation in the token value during this time will stand to benefit FEAC, and the limited unlocking will ensure limited volatility in token price. This donation to FEAC aligns with the WAHED vision of supporting companies and organizations that are improving the quality of life around the world. The ease of transacting cryptocurrency globally makes it a perfect vehicle for charitable and philanthropic activities, and sets the stage for a future where everyone can contribute to causes that they believe in. About FEAC Despite rapid advancement in medical technology improving the quality of life all over the world, there is plenty of work still to be done. Questions about the causes, prevention and management of many diseases still remain, and autism, despite affecting millions around the world, is still misunderstood. The FEAC provides researchers and medical professionals with the funds they need to help improve both the lives of individuals on the autism spectrum and their care circles. The first major project in FEAC’s vision is a therapeutic clinic in Calabria in collaboration with the Lidonnici family. The 1200 square-meter space will bring education and awareness of the realities and challenges of daily life faced by individuals with autism. The clinic will also provide access to therapy, providing aid and guidance to ensure quality care when managing the condition. Making expert care available to all who need it is a vital part of the FEAC vision, and the center in Calabria is the first of many. About WAHED WAHED is an investment and philanthropy hub that is powered by WAHED Coin. Serving as the blockchain partner for several ambitious projects around the world, WAHED aims to use technology to scale operations and enrich more lives. Established in the United Kingdom, WAHED is led by Shaikh Abdulla Bin Ahmed Bin Salman AlKhalifa, former Undersecretary to the Ministry of Housing in Bahrain. Bringing decades of experience in industries ranging from oil, banking and commodities, the WAHED founding team has identified the array of advantages that blockchains can bring to traditional systems. WAHED Coin provides access to innovative ideas to retail investors and cryptocurrency enthusiasts from all over the world. WAHED Coin will be available for trading on LBANK exchange from the 5th of December 2022. To learn more about the WAHED Ecosystem, visit the WAHED website. Become part of the global WAHED community on Discord, Facebook, Instagram and Twitter. ContactWahed Projects [email protected]
1 day agonulltx
Top 3 Gaming Tokens to Watch in December 2022
Gaming Tokens are in-game cryptocurrencies earned while interacting on the platform. Gaming Tokens has a total market capitalization of $6,994,395,550 and a total trading volume of $867,211,974, with some top projects such as ApeCoin, The Sandbox, and Decentraland. Note: This List is sorted by their market capitalization from lowest to highest Dawn Protocol (DAWN) Price […] The post Top 3 Gaming Tokens to Watch in December 2022 appeared first on NullTX.
1 day agonulltx
Oryen Network registers an increased influx of Fantom, Elrond and Decentraland Whales after 250% Price Jump during ICO
Keeping up with the ongoing projects and their respective token values can be a hassle for investors. Early investors in Oryen have already reaped impressive 250% returns, even though the ICO phase is still in its start. While ORY has been successfully surviving the bear market, many other cryptocurrencies, such as Fantom, Elrond, and Decentraland, […] The post Oryen Network registers an increased influx of Fantom, Elrond and Decentraland Whales after 250% Price Jump during ICO appeared first on NullTX.
2 days agocryptopotato
Sales of Bitcoin Mining Rigs in Russia Surge in Q4: Report
Russian crypto miners are piling up ASIC crypto mining rigs, owing to cheaper electricity costs.
2 days agocryptodaily
Inside LBank’s Exquisite Afterparty at DCENTRAL Miami
INTERNET CITY, DUBAI, 2nd December, 2022, ChainwireLBank, a global crypto exchange, hosted an ‘LBank & Crypto Friends’ afterparty alongside the Web3 conference DCENTRAL Miami. LBank was proud to host more than 200 guests from all layers of the industry. This was LBank’s second event in Miami after exhibiting at the Bitcoin 2022 conference earlier this year. ‘LBank & Crypto Friends’, hosted on November 28th, served as a buffer between conference days, giving many attendees a chance to unwind after an intense day. A diverse crowd stopped over for the laid-back event, including Web3 entrepreneurs, investors, crypto enthusiasts, and more. “I met a lot of interesting people here. It was good to meet with LBank’s team in person and discuss our partnerships and potential collaborations,” a guest at the afterparty said. DCENTRAL Miami, the most significant Web3 conference in the industry, hosted a large group of attendees this year and many industry-leading speakers. LBank was thrilled to be a part of this exciting event, celebrating crypto with some of the most talented minds in the industry. This year’s DCENTRAL Miami focuses on creating an “inclusive space for the entire Web3 and NFT community to foster a shared learning environment.” LBank regards innovation, integration, and professionalism as the company's three fundamental values and goals. “We are glad to have found more people who are aligned with our values and hope that together we can shape crypto into a more harmonious, inclusive space,” a representative from LBank stated. Education has been a major focal point for LBank, especially in developing markets such as the MENA region and the Asia Pacific. DCENTRAL has announced Vietnam for its next event location, the first time the conference will be hosted in Asia. “We hope that more crypto events in regions such as Southeast Asia will help with a broader adoption of crypto and more awareness of the powers of blockchain technology,” an LBank representative told us. About LBank LBank, founded in 2015, is an innovative global trading platform for various crypto assets. The exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms, with over 7 million users from more than 210 regions around the world. DISCLAIMER: LBank has not established an official presence in the United States. Start Trading Now: lbank.info Community & Social Media: Telegram l Twitter l Facebook l Linkedin Press contact: [email protected] ExchangeLBK Blockchain Co. [email protected]
2 days agocryptodaily
CFTC Chair Flips On Ethereum
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has changed his stance on Ethereum being a commodity. “Only BTC Is Commodity” During an exclusive crypto event, CFTC Chair Rostin Behnam reportedly stated that only one crypto in the market could be counted as a commodity, which is Bitcoin. However, this statement represents a complete reversal in stance regarding altcoins like Ethereum. The CFTC had previously stated that both Bitcoin and Ethereum were commodities and not securities, making them fall under the CFTC’s jurisdiction. However, the recent claim that only Bitcoin is a commodity leaves Ethereum out of the regulatory body's jurisdiction. FTX Crash Changed Approach Behnam made his recent comments while speaking about the regulatory landscape and the changes to be adopted in light of the FTX bankruptcy case at the invite-only crypto event hosted by Princeton University this past Wednesday. The event earlier had booked the former CEO of the bankrupt FTX exchange, Sam Bankman-Fried. However, he was replaced, and the time slot was instead filled with a panel titled “The Demise of FTX and Other Crypto Entities: Lessons Learned,” where Behnam spoke. CFTC Previously Held Different Views Behnam claims that the CFTC was working with SBF to develop the Digital Commodities Consumer Protection Act (DCCPA) before the FTX crash happened. The bill sought to expand CFTC authority to regulate markets for “digital commodities” and explicitly classify both Bitcoin and Ether as commodities. Back in September, Behnam had even testified to the Senate about the act, saying, “Many digital assets constitute commodities. As recognized by the DCCPA, the CFTC’s expertise and experience make it the right regulator for the digital asset commodity market.” This earlier viewpoint was in direct contrast with that of SEC chief Gary Gensler, who generally hinted that most cryptocurrencies are securities. CFTC Leaves ETH Hanging However, Behnam’s recent change of mind will fit in more with Gensler’s approach toward these assets. If Ethereum and other cryptos are classified as securities instead of commodities, they will fall under the jurisdiction of the SEC, which has much harsher regulatory methods than the CFTC. Behnam also called for tighter regulations, especially in the wake of the billions of dollars of losses stemming from the FTX collapse. Since CFTC is limited in its enforcement actions across the assets under its jurisdiction, he believes that it will not be the appropriate watchdog to be appointed in the case of most cryptocurrencies. Behnam believes nothing could be worse than regulators doing nothing, stating that “inaction is paralysis.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2 days agocointelegraph
How NFT court summons could change the legal landscape
Blockchain technology is making its way into the court system, with digital summons being served with NFTs.
2 days agocryptodaily
Flasko (FLSK) Has The Potential To Surpass Polkadot (DOT) and Cosmos Hub (ATOM)
The cryptocurrency market is expanding fast, and the value that individual projects' infrastructure efforts bring to the table is a major reason for this expansion. Two blockchain-based cryptocurrency projects, Polkadot (DOT) and Cosmos hub (ATOM), have established themselves as industry leaders. New cryptocurrency projects' blockchains, like Flasko's, are more advanced and competitive. Polkadot (DOT)’s Value Is Decreasing Day By Day Polkadot (DOT) is an open-source blockchain platform. The purpose of this blockchain was to establish a decentralized web that everyone could access. There was an initial success for Polkadot (DOT). Polkadot (DOT)’s growth rate was once higher than Ethereum's. Polkadot(DOT) is the platform’s token, a vital feature of its user-driven governance structure. In 2021, Polkadot (DOT) was a huge success. Roughly in November, it reached a new peak, bringing in a lot of profit for investors. Fast forward to today, investors are going elsewhere because of the stagnation of Polkadot (DOT). Polkadot (DOT) sells for $5.132, down 88% in one year. Cosmos hub (ATOM) 2.0 Gets Rejected To increase scalability, security, and liquidity in the blockchain ecosystem, Cosmos hub (ATOM) is working to develop a decentralized, easy-to-join, interoperable meta-layer. Often called "the internet of blockchains," Cosmos hub (ATOM) is a network that links decentralized ledgers together using a special protocol called the Inter-Blockchain Communication Layer (IBC). Cosmos hub (ATOM) members voted to reject Proposal #82, "ATOM 2.0: A new vision for Cosmos Hub," after weeks of heated discussion and a stressful two-week voting session. The concept was promoted as the subsequent stage in the development of Cosmos hub (ATOM). The whitepaper proposed several changes to the Cosmos hub (ATOM) protocol, including a radical reworking of Cosmos hub (ATOM)'s tokenomics and developing two new tools, the Interchain Allocator and the Interchain Scheduler. Huge Financial Gains From Flasko (FLSK) Are Expected Among the cryptocurrencies that have the potential to generate significant profits in 2023, Flasko is the most attractive. The coming years belong to cryptocurrencies, and NFTs backed by physical assets that hold value in the real world. This is why the Flasko protocol will allow the purchasing of fractionalized NFTs backed by bottles of expensive wines, whiskeys, and champagnes. Thanks to a successful first stage of the presale, Flasko has entered the second stage and is priced at $0.099 per presale token. In 2023, this figure is projected to rise by a whopping $6.5, which is an amazing prediction by numerous experts in the field! The right time to purchase Flasko tokens is right now! You will regret missing this once-in-a-lifetime opportunity of purchasing Flasko tokens when it's in the presale stage, so check out the links below and get yourself enrolled in the Flasko presale! Website: https://flasko.io Presale: https://presale.flasko.io Telegram: https://t.me/flaskoio Twitter: https://twitter.com/flasko_io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
2 days agocointelegraph
ApeCoin risks 30% crash after APE staking debut in December
ApeCoin price has rallied 50% in the last three weeks but a sell-the-news event risks wiping out those gains.
4 days agocointelegraph
Two Bored Apes sell for $1M each: Nifty Newsletter, Nov. 23–29
At the height of the bear market, two NFT collectors have paid almost $1 million to purchase Bored Ape NFTs.
4 days agocryptodaily
Utherverse Partners with Tokensoft to Launch IDO for Native Metaverse Token
New York, NY, 30th November, 2022, ChainwireUtherverse, one of the largest metaverse platforms in the world, has signed a partnership agreement with Tokensoft, the leading technology platform for launching digital assets. The deal will facilitate the first and second presale rounds of Uther Coin (UTHX) as part of the token’s initial decentralized offering (IDO). Uther Coin will be the primary token used for transactions throughout the next generation Utherverse Software Platform. Utherverse powers one of the most popular and advanced metaverses ever built. As such, Uther Coin will be needed by everyone accessing the preeminent metaverse. “Tokensoft has proven itself a credible resource for IDOs that delivers on its promises and the recent launch of its Web3-enabled platform makes it one of the strongest performers out there,” said Brian Shuster, founder and CEO of Utherverse. “We are anticipating a tremendous response to Uther Coin from our international community. Utherverse is going to significantly change the metaverse landscape and our coin will likely be a top performer among IDOs as we approach the launch of the Utherverse.” As part of the agreement, a pre-sale of Uther Coin will be made available to buyers outside the United States and Canada beginning December 1. Interested persons should go to https://www.utherverse.io/UTHX to get approved and listed for the sale. Founded in 2017, Tokensoft is a technology platform for creating and managing digital assets, based in Austin, Texas. The Tokensoft platform helps customers comply with applicable regulations internationally to access a global user base. To date, Tokensoft has helped create over $18 billion in market capitalization with projects such as Avalanche, The Graph and Moonbeam. Utherverse is a metaverse platform that enables developers to build interconnected virtual worlds, provides hyper-realistic immersive experiences for consumers and opportunities for companies to market and monetize their products and services. Utherverse generates revenue from custom metaverse building services, sales of NFTs and a variety of business verticals including advertising/marketing, shopping/retail, conferences/conventions, education, dating, lifestyle, entertainment events/performances, VIP experiences and virtual offices. About Utherverse The Utherverse platform was launched in 2005 by internet visionary Brian Shuster. A beta version of the next generation Utherverse platform is expected to launch in early 2023. The platform has served 50 million+ users with 32 billion+ virtual commerce transactions. Utherverse has developed the technology and received more than 40 patents critical toward operating large-scale metaverses. The company is based in British Columbia, Canada. More information can be found online at Utherverse.io For more information please visit/follow us on: Twitter Instagram Facebook LinkedIn Telegram Discord: Utherverse.ioContactSteve HonigThe Honig Company, [email protected]
4 days agocryptodaily
Why is it just about crypto? - Credit Suisse first bank to fall?
Crypto is a tiny asset class of around $850 billion. Failures here will not impact the financial system. Collapsing banks will. Mainstream media would have you believe that the only malaise in world finance is crypto. World financial leaders such as Janet Yellen, Secretary of the US Treasury, and Christine Lagarde, President of the European Central Bank, have spoken of crypto failures possibly affecting the financial system at some future point. However, neither of them, or indeed no other leaders of banks or other financial institutions make anywhere near as much reference to failing banks. Depositor insurance might not be enough Of course, it might be mentioned that even if a bank did go down, there is always insurance for the depositors, such as the FDIC in the US, or the FCA in the UK. Be that as it may, if just one bank went down, the contagion would very probably spread to others, just like in the case of centralised crypto exchanges. In such a situation the deposit insurance would very likely not be able to cover the depositor’s losses to the extent at which they are currently guaranteed. Bail-ins Then there is also the possibility (allowed for by law) that the banks could choose to bail in those who hold deposit accounts, thereby obliging their customers to shoulder and partake in the banks losses. This situation already occurred in Cyprus back in 2013. In a Forbes report on the event, the process of bailing in was explained, and the outcome was declared as: “Financial institutions (e.g. German banks, and central banks including the Bundesbank) get full repayment, along with government entities, while everyone else gets to eat sand.” Investors doubt Credit Suisse can repay debts Credit Suisse could be that first bank domino to fall. The bank warned on November 23 that it would post a heavy loss for the fourth quarter. This was following on from Federal Reserve banks extending $6.3 billion to the Swiss bank through a dollar liquidity swap line in October. A further $3.1 billion was already swapped previous to this. In spite of this, investors are still not convinced of Credit Suisse’s long-term solvency, and its short-term liquidity crisis is certainly not helping. Repeated scandals It remains to be seen just how bad the fraud and mismanagement of funds will turn out to be in the case of the crypto exchange FTX. However, with Credit Suisse, the repeated scandals that have dogged the bank for many years do mostly appear to be in the public domain. A report by the UK-based Guardian details many of these scandals that take in a wide gamut of the most serious crimes. “A massive leak from one of the world’s biggest private banks, Credit Suisse, has exposed the hidden wealth of clients involved in torture, drug trafficking, money laundering, corruption and other serious crimes.” Financial reports do not highlight banking failures So when the world’s leading financial organisations publish reports that focus on the maladies of the crypto sector it has to be wondered why they don’t also wish to highlight what is going on in the banking sector? It might be argued that it just isn’t in their interest to do so. Financial organisations such as the IMF, the World Bank, FATF, and the BIS among others, are all deeply embedded in the traditional financial system and therefore why would they wish to shine a spotlight on any of its failures? The awful truth When crypto companies go down they cause losses for those who have invested in them. If banks are in danger of going down, the central banks just print money to bail them out, all to be taken care of by the taxpayers. There is a very opaque curtain across the entire banking system. Since gold was completely removed from the backing of the fiat currency system in 1971, the dollar has lost most of its purchasing power. In fact, in 2020 alone, 20% of the entire supply of dollars in all history were printed, amounting to $3.4 trillion. With central bank digital currencies (CBDCs) about to be rolled out across the planet, with their utility enabling the central banks to completely strip away individual privacy and freedoms, crypto is the most welcome scapegoat to take the public eye off what is happening. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days agocryptodaily
Solana (SOL) and Polkadot (DOT) Will Look To Improve After Plona (PLON) Raises $500 Thousand.
Why is the blockchain industry important? Before the release of Bitcoin in 2009, people had to manage their finances using banks, financial organisations, and other third-party companies. However, now with cryptocurrencies on the blockchain, we can eliminate these institutions. The recently launched Plona (PLON) token is leading the change in the finance sector. Solana (SOL) struggles after a 5% decrease. The developers of Solana (SOL) created this cryptocurrency to improve the Ethereum blockchain. Launched only in 2020, Solana (SOL) quickly gained popularity and rose to the top 10 of CoinMarketCap. The Solana (SOL) platform is known for its reliable smart contract function and for supporting developers worldwide who create crypto apps. The platform was designed to host scalable apps functioning in the decentralised finance ecosystem (DeFi). A year after its launch, Solana (SOL) scaled by 12,000% in 2021. However, this year saw its market capitalisation fall by a whopping $11.71 billion. Furthermore, Solana (SOL) dropped by another 5% this week. Polkadot (DOT) might lose its investors. Polkadot is a unique protocol that securely connects unrelated blockchains to talk and work with one another. This connection allows the data or value to flow without interruption between cryptocurrencies like Bitcoin (BIT) or Ethereum (ETH). The Polkadot (DOT) platform allows for apps and services running a compatible decentralised web by securely communicating across various chains. Polkadot (POL) can be bought or sold through a decentralised protocol or exchanges like Coinbase and allows users to send value and data to networks that were once incompatible. Polkadot (DOT) would like to forget last week after its value dropped by 4.65%. Now worth $5.91, Polkadot (DOT) sits in 12th place on the CoinMarketCap. If you are looking for a cheaper option, Plona (PLON) might be the right investment for you. Plona (PLON) to $500 thousand in its first two weeks of the presale. Developed by a team of blockchain experts and exotic car enthusiasts, Plona (PLON) is a cryptocurrency blockchain. As an Ethereum-based non-fungible token (NFT), Plona (PLON) functions on the decentralised finance (DeFi) platform. Plona (PLON) is bringing the car industry into the blockchain space by allowing investors to purchase a fraction of some of the world's most luxurious cars for $29. Plona (PLON) platform is locking up liquidity for five years and donating 2% of its tokens to a charity chosen by the community. Furthermore, Plona (PLON) investors will benefit from a 2.5% transaction fee from all network transactions. Plona (PLON) phase one presale has begun, and after only two weeks, the platform has raised $500 thousand. Blockchain experts and crypto analysts have predicted Plona (PLON) to have a 3,000% gain by the end of January 2023. Find out more about Plona (PLONA) and enter the presale using the links below. Presale: https://buy.plona.io Website: https://plona.io Twitter: https://twitter.com/plonatoken Telegram: https://t.me/plonatoken Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
5 days agocryptodaily
DCENTRAL Is Bringing its Legendary Web3 Conferences to Asia, Starting in Vietnam
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About ApeCoin

The live price of ApeCoin (APE) today is 4.2063 USD, and with the current circulating supply of ApeCoin at 361,250,000 APE, its market capitalization stands at 1,519,534,260 USD. In the last 24 hours APE price has moved 0.1078 USD or 0.03% while 56,758,010 USD worth of APE has been traded on various exchanges. The current valuation of APE puts it at #32 in cryptocurrency rankings based on market capitalization.

Learn more about the ApeCoin blockchain network and how it works or follow the price of its native cryptocurrency APE and the broader market with our unique COIN360 cryptocurrency heatmap.

ApeCoin (APE) was released on March. 17, 2022 as the native governance and utility token of the APE ecosystem, comprising the APE Foundation, the ApeCoin DAO, and the Board. APE coin and the ecosystem attracted a lot of attention on account of their association with Yuga Labs — creators of the Bored Ape Yacht Club NFTs collection.

The APE ecosystem aims to build the future of Web 3.0 and the ApeCoin DAO as well as the APE Foundation work together to drive growth. The Board, a special council on the Foundation consisting of five members, performs an administrative role at the DAO's behest. The Board's members are subject to change every year, but the first group — in place for six months – comprised renowned crypto figures and investors, such as Reddit co-founder Alexis Ohanian, FTX ventures and gaming head Any Wu, Maaria Bajwa of Sound Ventures, Animoca Brands’ co-founder Yat Siu, and Dean Steinbeck of Horizen Labs. 

Initially, ApeCoin token holders only get voting and governance rights in the ApeCoin DAO, but Yuga Labs has more use-cases in store and plans to design further products and experiences for the APE ecosystem.

On the day of ApeCoin's launch, 15% of APE token's total supply of 1 billion was set aside for holders of Bored Ape Yacht Club (BAYC), Mutant Apes Yacht Club (MAYC), and other related NFTs, who could claim APE coins for free.

ApeCoin price 

The price of APE coin in terms of USD saw high volatility in the first few days after launch. According to our APE live price chart, between March. 20 and 28, APE coin price grew by more than 66% from around $9 to over $15. As a result, its market capitalization increased from $3.25 billion to $4.29 billion. 

Given ApeCoin's association with the BAYC community, it benefited from unprecedented interest and attention leading up to its launch. While this initial market interest influenced ApeCoin’s price, the future price of APE will depend on increasing adoption and the launch of new metaverse and Web 3.0 experiences.

How APE token works

ApeCoin is an ERC-20 token on the Ethereum blockchain that gives holders membership of the ApeCoin DAO along with governance rights. The APE coin allocation includes a 62% share for the Ecosystem Fund, which aims to support community initiatives voted on by DAO members. 

Developers can easily integrate ApeCoin into their applications, games, and services, while token holders can access exclusive games and services. For instance, ApeCoin has become an in-game currency in Benji Bananas, a mobile game developed by Animoca Brands, positively impacting the APE price. In addition, Yuga Labs, launching its metaverse ‘Otherside’, will also boost the coin’s utility.

APE news, updates, and highlights

Yuga Labs adopting APE as the native token for the BAYC ecosystem was the biggest driver of APE price. With billions in sales, BAYC and MAYC are some of the most popular NFT collections and celebrities like Justin Beiber, Mark Cuban, and Snoop Dogg are among collectors. 

On March. 19, 2022, Yuga Labs released a teaser video of its metaverse ‘Otherside’ where ApeCoin will be the native token. The launch of ‘Otherside’ is set to boost ApeCoin’s adoption and utility. 

Leveraging the wide popularity gained by ApeCoin in a matter of days, a Twitter scam used verified accounts to steal $1 million in cryptocurrencies within a week of ApeCoin’s launch. However, it did not dampen the token’s adoption — Snoop Dogg and Wiz Khalifa released eight music NFTs with ApeCoin and BAYC as their theme on March. 24. 

Frequently asked questions about APE

  • Can you mine or stake APE?

All ApeCoin tokens (1 billion total supply) were minted at launch, which means you cannot mine them. However, you can stake APE coins to earn rewards.

  • What are some of the best APE wallets?

APE can be stored in Ethereum-compatible web wallets like MetaMask and Trust Wallet, and in hardware wallets like Ledger and Trezor. You can also store them on exchange wallets like the Coinbase and OKX wallets.

  • What can you do with APE tokens?

APE token holders can participate in the ApeCoin DAO and vote on community-led initiatives to enhance the APE ecosystem. Holders can also buy BAYC, MAYC, and related NFTs using ApeCoin and play games like Benji Bananas. With the launch of the ‘Otherside’ metaverse, ApeCoin will also be used to purchase virtual lands, play games, and purchase services. 

  • How to buy ApeCoin?

APE can be bought on major centralized exchanges, including Coinbase, Binance, OKX, FTX, eToro, among others. You can also swap ETH, BTC, or USDT for ApeCoin tokens on decentralized exchanges, including PancakeSwap. 

ApeCoin Price4.2063 USD
Market Rank#32
Market Cap1,519,534,260 USD
24h Volume74,240,611 USD
Circulating Supply361,250,000 APE
Max Supply1,000,000,000 APE
Yesterday's Market Cap1,441,913,100 USD
Yesterday's Open / Close3.8837 USD / 3.9915 USD
Yesterday's High / Low4.0219 USD / 3.882 USD
Yesterday's Change
0.03% ( 0.1078 USD )
Yesterday's Volume56,758,010 USD
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