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Snoop Dogg & Wiz Khalifa release ApeCoin-themed NFTs, APE price up 17%

Ambar Warrick-CoinGape
2022-03-24 06:24
Popular rapper Snoop Dogg on Thursday released new music as NFTS themed around ApeCoin (APE) and the Bored Ape Yacht Club (BAYC). The collection, titled “Ape Drops 03 : An 8th,” consists of eight tracks made in collaboration with fellow rapper Wiz Khalifa.
APE prices soared after the move, trading 17% higher at $13.8. The token has been on an uptrend since Wednesday, following news that BAYC owner Yuga Labs raised $450 million in a funding round led by venture capital firm Andreessen Horowitz.

Music NFT sale exclusively in Apecoin

Snoop Dogg announced the sale on Twitter. The tracks are available for purchase for two days, and can only be bought in BAYC’s APE token, which was released through an airdrop last week.
There appeared to be nearly 8000 NFTs available for sale in total, with prices for each token ranging from 12 APE to 15 APE. Based on the current exchange rate, the price of each token in the collection was between $165 to $210.
Users could also listen to each track before purchasing it. The collection was minted through Manifold.
The post Just-In: Snoop Dogg & Wiz Khalifa Launch ApeCoin-Themed Music NFTs; APE Price Soars appeared first on CoinGape.
One of the graphics featured in the “Ape Drop”
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