"Little Fox Wallet Mobile Tutorial" With the AIP-21/22 pledge update, the price of ApeCoin may skyrocket

The ApeCoinDAO forum and the community member AIP-21 proposal have already conducted several meaningful discussions aimed at introducing a staking system for the ApeCoin and BoredApeYachtClub (BAYC) NFT ecosystems. These could soon rise ApeCoin (APE) to set the stage for price action.

According to the requirements of AIP-According to 21, in order to let novices get started quickly, staking participants will pledge their assets and use their assets BAYCNFT to receive APE from the preset pool within a set period of time.

On the other hand, the AIP-22 proposal presents the general situation of the stake pool ApeCoin distribution. It is required that 17.5% of the total supply of ApeCoin will be distributed within three years. In a recent tweet, the ApeCoin team mocked the staking upgrade for APE holders per AIP-21/22.

BAYCNFT has been cared for this past week. BAYC#2089 paid 670ETH on July 8th, and the purchase price was close to 826,000 US dollars. On the second day, BAYC#6388 purchased it at 869ETH, at a price of 1 million US dollars.

Although the NFT trading volume has declined since May 2022, BoredApeYachtClub NFT revenue is still very high on OpenSea. Interestingly, at ApeFest'22, when SnoopDogg and Eminem dropped their video music, BAYC holders found exciting utility in their NFT video featuring characters from the series.

Teller, a Polygon-based platform, provides buy-now-pay-later services for 10 blue-chip NFT projects, including the BoredApeYachtClub series. Users can make a down payment through the DeFi lending platform, and then pay the balance later.

At the same time, Otherside released the first test on July 6th, more than 200 people tested this game, please share its feedback on encrypted Twitter. Test participants felt this was a great feat. The game tested the stress with strong engagement, no lags or puzzles.

APE-USDT price chart

The upgrade of ApeCoin (awaited by APE holders) and the successful detection of Otherside may succeed the rising trigger principle of NFT currency, which in turn pushes up the price. ApeCoin price may reach $5.21 in the uptrend. The first upside target is to erase recent losses and continue to rise to $5. The next key level above $6. higher than $5. .6 dollars, the key levels that need attention are 6.4 dollars, 7.2 dollars, 7.4 dollars and 8 dollars.