ApeCoin (APE) was up nearly 10% on Wednesday at $19.72, putting its seven-day gains close to 25%. With this move, APE took the lead among metaverse coins, surpassing Decentraland (MANA), Sandbox (SAND) and Axie Infinity (AXS).
APE moves to MANA, SAND and AXS, takes the throne
APE’s attack, Bored Ape Yacht Club (BAYC) creator Yuga Labs announced that it will launch the Otherside metaverse on Saturday It comes in a week. Since then, ApeCoin (APE), the standard currency required on Otherside, has surpassed MANA, SAND and AXS to become the largest metaverse token by market cap.
APE, the Ethereum-based token for the Bored Ape Yacht Club (BAYC) ecosystem, outperformed most of the top 100 coins listed by CoinMarketCap, outperforming the rest of the crypto market. As of this writing, APE was the 27th largest cryptocurrency by market cap, with approximately $5.6 billion.
Other top 100 attacking tokens in the market: SCRT
The only other token in the top 100 to see a similar increase Wednesday morning was Secret Network (SCRT), which rose 10% the other day. SCRT is the native token for the privacy-focused Secret Network, built on the Cosmos/Tendermint framework.
On Wednesday morning, Web3 messaging service ALTER announced a partnership with Huddle01, a Web3 meeting platform, on privacy-focused alternatives to popular meeting software like Zoom and Google Meet. The two projects aim to create a privacy-focused suite of messaging and meeting tools at Secret.
The team wrote on their blog: “ALTER is the product of productivity software (G -Suite aims to create a one-stop package that replaces community tools like Microsoft Teams, etc.) as well as Discord, Slack, and Telegram. ALTER, together with Huddle01, aims to attract 100 million users by 2026 through this initiative.”
By the way, as we have mentioned in the news of Kriptokoin.com, according to CoinMarketCap, the global crypto market cap decreased by 2% compared to the last day to $ 1.78 trillion. Market leader Bitcoin fell nearly 2% to $38,762.82, while Ethereum, the second-largest cryptocurrency by market capitalization, was down 2% to trade at $2,852.03.
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