Yuga Labs and ApeCoin DAO seem divided as community votes in favor of… - Aliens: AI Crypto News & Markets Updates
Logo
Logo

Feed

Coins

About

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

Yuga Labs and ApeCoin DAO seem divided as community votes in favor of…

PublisherPublisher
AMB Crypto

Fri, Jun 03, 2022

Banner

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

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Litecoin falls beneath a bullish order block, could $40 be next target

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Just a week ago, Litecoin [LTC] rallied to the $61 level but faced rejection there. This was a bearish development, especially for long-term investors. The market structure continued to remain bearish, and […]
AMB Crypto
·

Jul 3

Altcoin

Recommended Stories

Article

AAVE traders have this in store for coming days after bearish pennant’s…

Article

Assessing the odds of The Sandbox [SAND] falling below $1 mark

Article

Axie Infinity: Risk would be to buy range lows with a stop-loss at…

Article

Stellar: Factors that didn’t play in favor of XLM’s rally despite…

Article

Bitcoin, Ethereum and Altcoins Present Signs of Incoming Price Turnaround; Here’s When

Article

BTC, SOL and AVAX Price Analysis for July 2

Article

3 Reasons Why Bitcoin Might Retrace in Upcoming Week and Reach $22,000

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise