ApeCoin, a project that was heavily affected by the NFT crash, recently announced the official launch of its bridge, allowing users to connect wallets and swap digital assets. This news led to a significant rally in the native token's price, pushing it above $1. The bridge will also allow investors to start earning native yield on altcoins such as APE, Ethereum, and stablecoins. A core user incentive program is also expected to launch soon. The announcement generated hype within the cryptocurrency community, resulting in a 66% price surge for ApeCoin, bringing its market cap to over $900 million and returning it to the top 100 largest cryptocurrencies.



Other News from Today