Coingecko data shows that the price of ApeCoin has soared 118% in the past 24 hours. ApeChain was launched today, and the official Twitter account said that a large number of memecoins have been created on ApeChain. Through the Automatic Yield Mode, users holding ApeCoin on ApeChain do not need to continuously claim/stake their tokens to increase their income. ApeChain is an Arbitrum Orbit L3 blockchain.