Dogecoin creator criticized the Bored Ape Yacht Club project’s token
Billy Markus called the NFT community “toxic and desperate”
19.03.2022 - 11:45
Billy Markus called the NFT community “toxic and desperate.”
What’s new? Billy Markus, the co-founder of the Dogecoin meme cryptocurrency, has criticized the new ApeCoin (APE) token of the Bored Ape Yacht Club (BAYC) project. Markus stated on his Twitter that ApeCoin is hurting the ecosystem of non-fungible tokens. The Dogecoin developer also added that “token communities are generally hyper toxic and desperate.”
What is known about the new token? On March 17, the BAYC team unveiled the native ApeCoin token. The coin will become the main asset for the NFT ecosystem and the company’s future projects.
Within two days of the ApeCoin token’s existence, its price reached a high of $17,1 as of March 19, ApeCoin is trading at $13,46 (down 22,5% from the high).
The developers have distributed 150 million APE tokens to holders of the Bored Ape Yacht Club, the Mutant Ape Yacht Club, and the Bored Ape Kennel Club. According to OpenSea, the trading volume of these collections has increased several times in the last 7 days. For BAYC this figure was 362%, for MAYC it was 305% and for BAKC it was 886%.
On March 19, all three collections are at the top of sales on the marketplace. Earlier it became known that the creator of the BAYC bought the rights to NFT CryptoPunks and Meebits.
Why Satoshi Nakamoto’s technical manifesto for a decentralized money system matters
Oct 31, 2022
How to track fluctuations correctly and create an effective income strategy
Sep 13, 2022
Review of the most profitable offers from proven trading platforms
Aug 29, 2022
The Ethereum Foundation team has published a breakdown of major misconceptions about the upcoming network upgrade
Aug 18, 2022
What benefits the exchange offers, and what else is in the near future
Aug 4, 2022
Let's take a look at the varieties of this new form of management and its earning potential
Aug 1, 2022