Significant developments were noted for various altcoin projects. In this article, we will share the remarkable news for the three altcoins bought by the Turks.
Critical offer rejected on ApeCoin (APE)
ApeCoin (APE) recently turned down a proposal that offered the Forever Apes team the idea to produce 1,000 ApeCoin capsules, including four stickers, a patch, and a poster. This proposal was aimed at increasing token accumulation and reducing unauthorized sales through unofficial channels. However, the majority of the ApeCoin community voted against AIP, hence it was rejected. Interestingly, while this offer was aimed at increasing APE backlog, the opposite was happening in the market.
Lookonchain recently posted a tweet stating that the address “0x4BE5” transferred 463,137 APEs worth over $2.3 billion to Binance. Addresses transmitting APE had recently received the token. This latest APE transfer may highlight the possibility of incoming selling pressure that could push APE’s price down in the coming days. Currently, the value of APE is up 1.3 percent at $5.10. The coin has lost close to 10 percent in the last seven days.
Popular altcoin Cardano and SAND make history
Cardano’s NFT project, Clay Nation, is preparing to make history as the first Cardano project to be integrated into The Sandbox Game. It is believed that the move will help improve Web3 interoperability. The Sandbox, as we have also reported as Kriptokoin.com, is a metaverse where players can create, own and monetize their gaming experiences on the Ethereum Blockchain. Its native token, SAND, is also included in this ecosystem.
The NFT project announced in a recent tweet that it will integrate with The Sandbox. The experience will be created in collaboration with Smobler Studios, a Singapore-based metaverse architecture and creative agency funded by The Sandbox Game and Brinc. They promise to share more details about the integration soon. Clay Nation has had remarkable achievements since its inception, and the most notable of these are the collaborations that have brought it into the limelight.
As previously reported, Clay Nation has released the full-length music video for “Bron and Bronny,” a collaboration between leading rapper Snoop Dogg and his son Champ Medici. The video featured Cardano creator Charles Hoskinson. Clay Nation has also recruited Champ Medici to its “Clay Mates” team to develop strategic partnerships and increase reach. At the time of writing, SAND is changing hands at $0.71, up 1.2 percent. ADA, on the other hand, is at $0.36, down 0.6 percent.
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