Following the previous NFT market crash, ApeCoin is now rising to new levels thanks to a significant announcement that influenced a sharp token price increase.
ApeCoin Announcement
ApeCoin team announced the launch of a new bridge enabling users to connect wallets and exchange specific digital assets. This feature allows earnings from APE, Ethereum, and other stablecoins.
Bridge Launch and Incentive Programs
Immediately after the bridge launch, users can start earning on various altcoins. Among the new features is a user incentive program set to launch by the end of the week.
Bridges are live. Bring your tokens to ApeChain now to start earning native yield on APE, ETH, and various stablecoins.
APE's Price Surge
The news about bridge launches led to huge enthusiasm in the crypto community. APE's token price soared by more than 66%, reaching $1.25. Its market cap surged to $900 million, helping it return to the top 100 cryptocurrencies.
The launch of ApeCoin's bridge opened new opportunities for investors to increase their returns, serving as a catalyst for the sharp rise of the APE token.
