Hello everyone! I'm Dylan! Today I'd like to talk about news #ApeCoin
1. Recently, Ape has been trading sideways in the range of 4.0-4.3 for almost a month. From the previous big drop in the market, we can see that 3.6 should be a short-term support. After trading sideways for so long, it should soon usher in a wave of market.
2. According to the news, Yuga Lab is indeed going to do something in the next two months.
The first is that the Ape Universe project Otherside has just completed the second game beta and airdropped a character NFT to all Otherside NFT holders. Then it immediately announced a joint launch of physical and virtual products with Gucci, namely a physical silver pendant and an NFT pendant trait (virtual asset), priced at 450 ape.
This is certainly not the first time that Yuga Lab has empowered Apecoin. When the Ape Universe land was previously sold, it was stipulated that only Apecoin could be used for minting, and the selling price was 305 APE.
The second beta of Otherside has received a good response, with thousands of people on the same screen, group competition, high-quality graphics, airdrops for the winning team, and the final boss easter egg, all of which are fomorous (for details, please see the official review video: https://www.youtube.com/watch?v=_RmFWo9Htwg). Next, there will be Mara's incubation, character upgrades and development, a new 2D strategy game, etc. As the ape universe ecosystem expands, ape consumption scenarios will increase.
The second project is the Mecha Monkey HV-MTL. This is a project that was written on BAYC's roadmap a long time ago - MD vs MM (Mechanical Dog vs Mechanical Monkey).
Yuga Lab airdropped sewer pass cards to all Bored Ape and Mutated Ape owners, and gained a lot of popularity through the sewer game, especially the first place winner of the sewer game some time ago, a professional Fortnite game player, sold his first prize for 1000 ETH (equivalent to 1.6 million US dollars, more than his career earnings), which attracted a lot of attention from outside the circle. Now the mecha series has entered the next stage, all pass cards can be exchanged for a mecha energy source, and upgraded to build the ultimate mecha.
At present, the energy source has been minted, and the official announced that a workshop will be launched in the future to upgrade the mecha. See the picture below, you can see the options of "Backpack", "Enhancement", "Store" and "Ranking" in the lower right corner. There is no doubt that these consumption scenarios will empower apecoin.
3. The big dealer, Brother Maji, is not on the train for the time being. As a big boss of BAYC, Brother Maji not only holds more than 100 BAYCs, but also plays a very good hand in apecoin. According to statistics, Brother Maji's income from staking and trading apecoin has reached about 3.2 million US dollars, with a yield of up to 45%.
However, some time ago, Maji sold all his APE and exchanged them for ETH because he wanted to earn points on Blur. But on Blur, Maji also became a leek and was forced to take over dozens of bored apes and cryptopunks. He eventually sold them at a loss, losing about 1,000 ETH and losing liquidity.
After the airdrop of Blur Season 2 is completed, Brother Maji will restore liquidity and is likely to get on APE again. After all, this is the area of making money that he is most familiar with and best at, and he might even come to help everyone carry the sedan chair.
4. Spot staking still has super high returns
Yuga lab started staking apecoin in December last year. Until now, the yield of the single-coin staking pool is still around 65%. If you hold BAYC and MAYC, it will be even higher.
Of course, you can also lock up and pledge your assets in Binance’s financial management and earn coins, which also gives you a very good rate of return.
To sum up, there should be good opportunities in the next two months. Friends who are interested can pay attention and study it.
The above is the full content of this article. Thank you for reading. The above are all personal opinions. Investment is risky. Please do sufficient research before investing. DYOR~
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