Tag: ApeCoin
Axie Infinity surges 54% as $1.8 billion hits gaming tokens two days after ‘93% dead’ report
Volume across five gaming tokens hit 1.94 times their combined market capitalization in a single trading day. Gaming tokens posted $1.84 billion in combined 24-hour volume on April 25, according to CoinGecko data. Axie Infinity led the rally with a 54% gain. Volume ran at 1.94 times the sector’s combined market capitalization. The rally arrived…
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A fresh wallet made $713K on ApeCoin hours before Yuga Labs changed CEOs – nobody was left to ask questions
A zero-history wallet accumulated $713,000 in unrealized gains on a leveraged ApeCoin position opened hours before Yuga Labs announced Michael Figge as CEO on April 24, according to on-chain analytics firm Lookonchain, which flagged the address as a “suspected insider.” The trade arrived ten months after the ApeCoin community voted to dissolve its own governance…
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