Original title: "Apechain ignites the market, will Ape Express be the next Meme outlet?"

Original author: Lawrence, MarsBit

In the past two days, the gaming industry has ushered in a long-awaited recovery, and the long-awaited sector rotation effect has finally emerged.

What attracts the most market attention is undoubtedly the surge in the price of $APE, which doubled in a short period of time. It seems to be driven by the entire gaming sector, but a careful look at social media revealed that the Meme hotspots that were still hyping goats and geese yesterday have switched to Apechain today.

Yes, Apechain has also decided to join the ranks of Meme Pumps.

Apechain enters the Meme market

At 4:30 am on October 20 (UTC+8), Apechain launched its first Meme Pump application, Ape Express, and Apecoin officials followed closely and actively interacted. This wave of operations directly detonated the BAYC community. After a long bear market and half a bull market, BAYC's OGs finally have a window to release the Meme rich mood. Only one hour after going online, Ape Express's trading volume has exceeded one million US dollars, and within 12 hours it has reached an astonishing figure of 25 million US dollars.

Ape Express Hot Tokens Review

According to the market value ranking, many hot tokens have emerged in the Apecoin ecosystem in recent days.

BORED ($BORED) - OG name + icon

24H trading volume: $2.4 million

Current market value: $17.58 million

Highest market value: $23.24 million

Curtis ($CURTIS) - Founder of BAYC

24H trading volume: $12.3 million

Current market value: $10.87 million

Highest market value: $28.97 million

Crypto Is Fun ($CIF) - The First Meme Token on Apechain

24H Trading Volume: $4 million

Current Market Cap: $2.34 million

Highest Market Cap: $8.5 million

APE ($APE)

24H Trading Volume: $1.8 million

Current Market Cap: $1.24 million

Highest Market Cap: $6.1 million

Don’t rush to go all-in, be careful of fishing

On one side is Apecoin The price is skyrocketing, and on the other hand, new gold dogs are launched on the chain, and the restless players can't wait to go all in. However, where there is money, there are scammers. The emergence of Apechain not only attracted players, but also fishermen. Less than an hour after Ape Express went online, Pop Punk, co-founder of Web3 security platform g8keep, revealed that he was phished on ApeChain and lost $110,000.

Even senior security experts can be fooled when they are emotional, which shows the rampant fraud on the chain.

How to participate in Ape Express safely?

1. Add Apechain network

2. Transfer Apecoin to the ETH mainnet wallet first, and add Apechain at the same time:

· Network name: ApeChain

· Network address: https://apechain.calderachain.xyz/

· Chain ID: 33139

· Currency symbol: APE

3. Use the official cross-chain bridge

Transfer Apecoin from the ETH mainnet to Apechain through the official cross-chain bridge. Each step needs to be carefully verified, including wallet connection and signature approval. For unfamiliar operations, it is recommended to try a small amount first.

Official cross-chain bridge: https://apechain.com/portal

4. Trading experience

Enter Ape Express and select a token for trading. For example, $CURTIS, which currently has the highest market value, is a good example.

Meme: A life-saving straw for the resurrection of old projects?

As of press time, Apecoin has risen by more than 100% today, and has led to the rise of some game sector currencies. At the same time, it is rumored that dYdX will also launch the Meme Pump application. Once the news spread, $DYDX quickly rose by 30%. It can be seen that the market is currently paying for old projects to enter Meme. Similar to the inscription craze in the fourth quarter of last year and TRON Pump this summer, Meme has once again become the preferred means for old projects to regain attention.

Apechain has taken a good first step in entering the market through Meme. As for whether it can continue in the future, it remains to be seen.

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