Aliens TLDR

Ergo, in a series of tweets on 1 May, Yuga Labs opined on the necessity of ApeCoin to have a blockchain of its own by moving away from Ethereum.

The ApeCoin community-initiated Proposition 41, arguing that ApeCoin should stay in the Ethereum ecosystem.

“We the ApeCoin DAO believe that, ApeCoin should remain within the Ethereum ecosystem, and not migrate elsewhere to an L1 chain or sidechain not secured by Ethereum.” Well, the proposal will end on 9 June and has 99.91% of the votes in favor so far.

Based on data from WhaleStats, Ethereum whales were seen to be accumulating ApeCoin as evident in the 31 May tweet.

JUST IN: $APE @apecoin is back on top 10 purchased tokens among 100 biggest #ETH whales in the last 24hrs 🐳 We've also got $NU , $IMX , $YFI , $KNC & $GALA on the list 👀 Whale leaderboard: https://t.co/N5qqsCAH8j #APE #whalestats #babywhale #BBW pic.twitter.com/AY9nabQmr2 — WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 31, 2022 In fact, Ethereum whale “Banobo” acquired 450,000 ApeCoins, worth over $3 million- the highest ApeCoin accumulation by an ETH whale