ApeCoin Up 6% as Holders Stake $32M in Ethereum Bored Ape Token
ApeCoin’s staking rewards are just around the corner, set to begin emitting on December 12, and the official staking contract has already taken in nearly $32 million worth of APE in one day—along with a wealth of Bored Ape Yacht Club and Mutant Ape NFTs.
More than 7.6 million APE have been deposited into the contract to date, along with a number of NFTs. That price has been ticking up since Horizen Labs launched the official staking contract on Monday, and now is up 6% over the last 24 hours at a current price of $4.16.ApeCoin, the Ethereum-based token created for the Bored Ape Yacht Club ecosystem.
Source
https://t.me/Crypto_Bitcoin_Blockchain
