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Fresh Off The Block: Bored Ape Yacht Club-linked coin soars over 40% and more

Khairani Afifi Noordin
Khairani Afifi Noordin4/25/2022 10:12 AM GMT+08  • 2 min read
Fresh Off The Block: Bored Ape Yacht Club-linked coin soars over 40%  and more
A screenshot of Yuga Lab's Otherside project trailer, credit: Yuga Labs
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The native cryptocurrency of the Bored Ape Yacht Club (BAYC) ecosystem, ApeCoin, rose over 40% over the past week — up 120% since its debut on March 16 at US$16.30 apiece.

The BAYC is a collection of 10,000 unique Bored Ape non-fungible tokens built on the Ethereum blockchain. Yuga Labs, the team behind BAYC, is building its own metaverse called “Otherside” which will be "powered by ApeCoin". The highly-anticipated project will be launched on April 30, according to a trailer released on March 19.

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