Official BAYC token climbs Market Cap ranks as the world prepares for The Otherside
The official token of the BAYC metaverse project, ApeCoin, has been riding high these last few weeks as expectation mounts about the launch of the team’s metaverse project Otherside. The demand for ApeCoin has pushed it into 30th position in the overall crypto rankings with a market cap of $5.3 billion. APE has now overtaken tokens such as Decentraland’s MANA, The Sandbox’s SAND, and Axie Infinity’s AXS.
Summary
- At writing, ApeCoin is the 30th cryptocurrency ranked by market capitalization with a value of $5.3 billion at writing
- ApeCoin becomes the highest-ranked metaverse token within one month of launch
- ApeCoin price appreciated 61.4% in the last 14 days
- Otherside NFT drops this Saturday 30 April
- Twitter announcement about Otherside NFTs caused ApeCoin to jump past $18
ApeCoin is owned and operated by the ApeCoin DAO, a decentralized organization where each token holder gets to…
