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<figure id="figure-ss55b3e76nm17emxol" data-full-width="" class=""><img id="ss55b3e76nm17emxol" src="https://cdn.durable.co/blocks/2dCj10gvB7GxLEPSXhg7gg61hA2vUccDSPq93c5ktosi7YX4Gqmxh0BS6twprWKM.png" alt="person in red shirt wearing black and gray headphones" title="person in red shirt wearing black and gray headphones" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="true" data-mce-src="https://cdn.durable.co/blocks/2dCj10gvB7GxLEPSXhg7gg61hA2vUccDSPq93c5ktosi7YX4Gqmxh0BS6twprWKM.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure>Discover the full story behind the rise and fall of CryptoPunk 2386 on my Substack here:<a href="https://thebabyape113.substack.com/p/the-rise-and-fall-of-cryptopunk-2386?r=2age5&amp;utm_campaign=post&amp;utm_medium=web&amp;triedRedirect=true" data-mce-href="https://thebabyape113.substack.com/p/the-rise-and-fall-of-cryptopunk-2386?r=2age5&amp;utm_campaign=post&amp;utm_medium=web&amp;triedRedirect=true">https://thebabyape113.substack.com/p/the-rise-and-fall-of-cryptopunk-2386?r=2age5&amp;utm_campaign=post&amp;utm_medium=web&amp;triedRedirect=true</a>

[Deep Dives] The Rise and Fall of CryptoPunk #2386

[Deep Dives] Beyond the Bottom: Why 2024-2025 Could Be the Biggest Crypto Bull Run Yet

We’re thrilled to bring today’s feature on THE BABYAPE newsletter, brought to you by <a data-mce-href="https://x.com/boredslotcom" href="https://x.com/boredslotcom">Bored Slot</a>, where blockchain meets the adrenaline of crypto gaming!<figure id="figure-de3elcou0r8lzvi9ja5" class=""><img id="de3elcou0r8lzvi9ja5" src="https://cdn.durable.co/blocks/bli6GJDSkJqO3Dy7tgL3h9CzIagI3BbHdEtSaoYeQ5sQ9PoY8taNsdxOoUhEq6kI.jpg" alt="boy in green sweater writing on white paper" title="boy in green sweater writing on white paper" class="object-cover bg-gray-100" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/bli6GJDSkJqO3Dy7tgL3h9CzIagI3BbHdEtSaoYeQ5sQ9PoY8taNsdxOoUhEq6kI.jpg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>Bored Slot is at the forefront of revolutionizing the gaming world by blending the excitement of live and digital slot games with the transformative potential of blockchain technology. Deeply integrated with the iconic Bored Ape Yacht Club (BAYC) IP &amp; ecosystem, Bored Slot offers an immersive experience where entertainment and real rewards converge.At the heart of Bored Slot’s offering is its unique “Play to Mine” model. This innovative system allows users to accumulate Banana Points with every spin, which can be converted into $SPC tokens, the platform’s native tokens. This approach not only enhances the gaming experience but also provides players with tangible value that extends beyond the game. The platform is backed by a robust buy-back program involving $APE and $SPC tokens, funded by gaming revenues, ensuring that these tokens maintain its value over time.Recently, Bored Slot secured $10 million in funding from prominent investors Plutus VC and LD Capital. This significant investment highlights the platform’s potential to transform the gaming industry and highlights its commitment to the Ape community. BAYC and MAYC holders are offered exclusive benefits, including a share of the Gross Gaming Revenue (GGR), making Bored Slot an attractive option for both seasoned players and Web3 enthusiasts.For those eager to explore the exciting intersection of gaming and blockchain, Bored Slot offers an unparalleled opportunity. With its innovative technology, rewarding gameplay, and strong community ties, Bored Slot is designed to captivate and provide a lasting experience for everyone.&nbsp;Don’t miss out on the future of gaming, visit <a data-mce-href="https://www.boredslot.com/" href="https://www.boredslot.com/">www.boredslot.com</a> to join the experience today!

THE BABYAPE Newsletter: Bored Slot—The Future of Crypto Gaming

The entire crypto market cap has exceeded $2.5 trillion, with Bitcoin leading the change smashed its own record by surging past a new height of $69,000!&nbsp;Currently, the buzz word around folks is all about Bitcoin halving and the bull market. Coming April 2024, the Bitcoin halving will cut the reward for mining new blocks in half, from 6.25 to just 3.125 Bitcoins. This decrease in new Bitcoin could send prices soaring, and that's got the whole market buzzing with much anticipation.With the recent bull leading by new innovations such as Ordinals and Memecoins &nbsp;season comes into the play. For instant, Solana’s Memecoins, dogwifhat ($WIF) since it hits BiB Exchange on &nbsp;January 26, 2024, its price has skyrocketed more than quadruple in just a short period of time.&nbsp;Is It Too Late to Ride the Bull Market Wave, or Is It Just a Bull Trap?&nbsp;According to <a data-mce-href="https://www.qcpgroup.com/" href="https://www.qcpgroup.com/">a recent report published by QCP Capital</a>, the last market move was mainly driven by individual speculative investors, while the big institutional players are yet to make major moves, and some are even cashing in on the recent price rise. Even <a data-mce-href="https://www.theblock.co/post/278587/crypto-rally-retail-impulse-jpmorgan" href="https://www.theblock.co/post/278587/crypto-rally-retail-impulse-jpmorgan">JPMorgan</a> called this a rally driven by ‘retail impulse’.&nbsp;<figure id="figure-h9sl1f5y3gly5nsg48"><img id="h9sl1f5y3gly5nsg48" src="https://cdn.durable.co/blocks/17SWHvUUZlGCcZpgAPEMk1pMBQBSrv59nv8LN0ffwhaz3WVdsVixGTNveKHfLL2G.jpg" alt="love to learn pencil signage on wall near walking man" title="love to learn pencil signage on wall near walking man" class="object-cover bg-gray-100 " style="aspect-ratio: 3/2; object-position: undefined undefined;" data-corners="default" data-aspect="3:2" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/17SWHvUUZlGCcZpgAPEMk1pMBQBSrv59nv8LN0ffwhaz3WVdsVixGTNveKHfLL2G.jpg" data-mce-style="aspect-ratio: 3/2; object-position: undefined undefined;"></figure>Taking a step back for a broader perspective, let's consider the 'Wall Street cheat sheet', which outlines the stages of market cycles. It appears in the view of the writer, that we've moved past the 'disbelief' stage, often marked by pessimism during the bear market; at the same time, we're also not quite at the 'euphoria' stage of peak bull market yet.Currently we find ourselves somewhere in the optimistic lead-up to the Bitcoin halving, which positioned somewhere between 'hope' and 'optimism' phase. Typically, the bull run peak happens post-halving, as history shows us. So, we can expect some corrections along the way and there’s still opportunities to come after the halving event takes place.&nbsp;Jerrg@babyape113&nbsp;&nbsp;

Is It Too Late to Ride the Bull Market Wave, or Is It Just a Bull Trap

QUICK TAKE● &nbsp; &nbsp; &nbsp; The early success story of Helium Mobile has demonstrated the profitability and potential of DePIN in these technological innovations..● &nbsp; &nbsp; &nbsp;DePIN Starpower has recently celebrated significant achievements with the launch of its 'Pioneer Pass' NFT free mint, achieving over 7777 SOL in trading volume and experiencing a price surge to 70 times profit in just one day.The emergence of Decentralized Physical Infrastructure Networks (DePIN) is catalyzing a paradigm shift in the way physical infrastructures are conceptualized, built, and operated. According to Messari, this cutting-edge technology is set to boost the global economy by adding $10 trillion over the next decade and the DePIN sector is projected to reach $3.5 trillion by 2028. Starpower is standing at the forefront of this innovation. It represents not just a new project but a grand vision to transform how we utilize energy, inspired by industry giants like Tesla.<figure id="figure-4ovkmcxqd8ly5oa609"><img id="4ovkmcxqd8ly5oa609" src="https://cdn.durable.co/blocks/6a17YlSWzpBb6g2T6KYUHKuXezYJKZY4qKGwwA7htHttsdojU1qo8iiung0yGgld.jpg" alt="brown wooden table and chairs" title="brown wooden table and chairs" class="object-cover bg-gray-100 " style="aspect-ratio: 3/2; object-position: 50% 20%;" data-corners="default" data-aspect="3:2" data-caption="DePIN: Six core business sectors" data-positionx="50%" data-positiony="20%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/6a17YlSWzpBb6g2T6KYUHKuXezYJKZY4qKGwwA7htHttsdojU1qo8iiung0yGgld.jpg" data-mce-style="aspect-ratio: 3/2; object-position: 50% 20%;"><figcaption class="body-normal text-gray-500 mt-2">DePIN: Six core business sectors</figcaption></figure>Starpower is showcasing actively in ETH Denver 2024<figure id="figure-jym76mppboly5og95t"><img id="jym76mppboly5og95t" src="https://cdn.durable.co/blocks/3bzCgTIyCKYeX2624gtf9CTpwCdi0mcnBYQXV9hyaM3wVUiw5UwRNAFwGI3mdND8.jpg" alt="silhouette of people standing on hill" title="silhouette of people standing on hill" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="Starpower at ETH Denver 2024" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/3bzCgTIyCKYeX2624gtf9CTpwCdi0mcnBYQXV9hyaM3wVUiw5UwRNAFwGI3mdND8.jpg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">Starpower at ETH Denver 2024</figcaption></figure>The image above captures Starpower's dynamic showcase at ETH Denver 2024, highlighting their cutting-edge solutions for Web3 energy networks.Starpower: The Uber of Energy NetworkStarpower wants to make using energy as easy as using Uber, by connecting energy devices all over the world with something called Virtual Power Plants (VPPs). Elon Musk predicts that the global energy market will exceed ten trillion dollars. This prediction along with the expected annual growth rate of over 30% for VPPs, highlights the significance of Starpower's mission.<figure id="figure-yc5367g7ukly5ohuos"><img id="yc5367g7ukly5ohuos" src="https://cdn.durable.co/blocks/f1ChhYCfMk83ivtaz1FOuLOdDZhtwf9YFw5GLYVSYLmFyKQt1IeZCmOdRLatkNdO.png" alt="man and woman sitting on chairs" title="man and woman sitting on chairs" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="An illustration of Starpower Virtual Power Plant" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/f1ChhYCfMk83ivtaz1FOuLOdDZhtwf9YFw5GLYVSYLmFyKQt1IeZCmOdRLatkNdO.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">An illustration of Starpower Virtual Power Plant</figcaption></figure>Overcoming Traditional VPP ChallengesTraditional virtual power plants (VPPs) face several challenges, from limited participant incentives to complex participation structures and inconsistent compensation models. Leveraging the DePIN model, Starpower tackles these challenges by enabling user participation through smart energy sockets, such as the Starplug and the upcoming Starbattery in 2024. This approach simplifies user participation by lowering entry barriers while also offering rewarding $STAR tokens for everyone.<figure id="figure-sltfagyi6ly5oiwq7"><img id="sltfagyi6ly5oiwq7" src="https://cdn.durable.co/blocks/3bj5Vxkhix2hjGr79H9Jq2ECmvC7AEEr5BtEcxq2SAvzVj5yKSoAggjzjdItqCZm.png" alt="silhouette of child sitting behind tree during sunset" title="silhouette of child sitting behind tree during sunset" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: 0% 50%;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="0%" data-positiony="50%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/3bj5Vxkhix2hjGr79H9Jq2ECmvC7AEEr5BtEcxq2SAvzVj5yKSoAggjzjdItqCZm.png" data-mce-style="aspect-ratio: 16/9; object-position: 0% 50%;"></figure>Visionary Founders and Supportive Backers&nbsp;The brains behind Starpower are co-founded by industry expert Laser Ding and Dr. Darcy Jia. Laser Ding previously served as an assistant to the chairman at HashKey Group, while Dr. Darcy Jia boasts extensive experience in the photovoltaic sector and holds a PhD in Photovoltaics. Supported by prominent investors from Escape Velocity, IoTeX, Bas1s, Fenbushi, HashKey Capital, Helium Foundation, Solana Foundation, Arweave, and more.&nbsp; $STAR Tokenomics&nbsp;Starpower's token distribution is organized into six key categories. Most tokens are allocated to builders for network development. The core team and investors each hold 15% of the tokens, demonstrating their commitment and supporting future expenses. The foundation receives 7% for ongoing project management, with further tokens set aside for climate action donations and community airdrops.<figure id="figure-4etbwe9jvdly5okxr1" class=""><img id="4etbwe9jvdly5okxr1" src="https://cdn.durable.co/blocks/22vvUqgmbgo2GTPRwkKm5dnYbilDVCa61vO90cxsuyBy4HKSyElAeZEQFATmGrzm.png" alt="person using MacBook Pro" title="person using MacBook Pro" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="Starpower Tokenomics $STAR " data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/22vvUqgmbgo2GTPRwkKm5dnYbilDVCa61vO90cxsuyBy4HKSyElAeZEQFATmGrzm.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"><figcaption class="body-normal text-gray-500 mt-2">Starpower Tokenomics $STAR</figcaption></figure>How Can Users Participate?Users can participate in Starpower from any location, as long as they have the starplug device with access to electrical devices. By connecting their devices to the network via Starpower's hardware and software, users earn $STAR rewards. Rewards will be based on connection duration, electricity usage, and device response (e.g., air conditioners, water heaters, refrigerators).The ways to connect to Starpower are as follows:● &nbsp; &nbsp; &nbsp;ARM TEE-based Smart Plugs: Users can purchase Starpower's starplug or use a compatible third-party smart plug approved by Starpower to connect their electrical devices to the network.● &nbsp; &nbsp; &nbsp;Future Developments: Starpower plans to expand its connectivity solutions to include additional devices, such as thermostats and energy storage batteries in 2024."Virtual power plants maximize the use of renewable sources like solar energy, which is essential for the future energy landscape." by Prof. Martin Green What’s Next?Next, Starpower will continue to benefit from the support and participation of industry tech partners, such as collaborations with Arweave to explore DePIN projects and promote eco-friendly actions, as well as discussions on the development and future of DePIN with IoTeX.Starpower is transforming the way we manage energy, making it user-friendly and beneficial for people. Their efforts are not revolutionizing the energy sector but also building a more inclusive, efficient, and eco-friendly future.

Starpower: Powering Up the DePIN with next-level Energy Network

Famous Bored Ape has claimed its blue chip NFT status as key part of web3 portfolio. Can ApeCoin be the next blue chip token?<figure id="figure-f1fu85h4boly5kado4"><img id="f1fu85h4boly5kado4" src="https://cdn.durable.co/blocks/2egCbnZFuQuUHb0qldQPwDvFAjpkHpvwBwBaA4pEyH5aVMA9SXv4efltXnyKlOaL.jpg" alt="flat lay photography of paintings" title="flat lay photography of paintings" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/2egCbnZFuQuUHb0qldQPwDvFAjpkHpvwBwBaA4pEyH5aVMA9SXv4efltXnyKlOaL.jpg" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure>Keys Takeaways: • What’s ApeCoin ($APE) and why it garners so much public attention? • Since $APE doesn’t represent a fractional ownership in Bored Ape. What is the value of ApeCoin? A valuation &amp; comparison • What are the use cases of ApeCoin? • How ApeCoin reign its supreme in the long run?ApeCoin, the cryptocurrency behind BAYC has garnered much public attention after the announcement by Yuga Labs on March 17th. ApeCoin no doubt has become the hottest topic among folks by the famous NFT PFP collection Bored Ape Yacht Club aka #BAYC, with celebrity owner from Entertainment &amp; Business: Steve Aoki, Snoop Dogg, Justin Bieber, Eminem, Timbaland, Jimmy Fallon, Paris Hilton, Gary Vaynerchuk, DJ Khaled, Synyster Gates, Logan Paul, Jay Chou, JJ Lin, E11EVEN (Miami night club), to Sports star like Steph Curry, LaMelo Ball, Neymar, Serena Williams, Memphis Depay, Shaquille O’Neal, Von Miller, to Billionaire Mark Cuban and Big Company CEOs like Raoul Paul, Richard Ryan (Black Rifle Coffee Company), Jenkins The Valet signed to CAA, Universal Music Group, so many more and the latest with Madonna, EVERY CELEBRITY and CEOs aped in that was so fast it has become one of super brand in the world to showcase one socioeconomic status!“Bored Apes represent the culture of this generation, is the zeitgeist of what the current era of cultural what NFT means”, said Yat Siu, the Chairman of Animoca Brands. Based on the airdrop, a Bored Ape holder could get between $50k worth of $APE from a conservative estimate, to a very optimistic mind-blowing level of $250k 🤯 or even higher!Perhaps normies would say why this is so expensive where I could just do a right click save?To cut a long story short, I’m not going to tell you what NFT means, how they are culturally relevant, how they are the spearhead into the future of identity, culture and the metaverse or about the value of digital art. But instead, a more obvious straight forward answer to this it is right click save won’t get you the airdrop! The network effects, 100 percent monetization rights of the character, I.e., to create own and sell merch, early access to all specific NFT limited drops, experiences and narrative selection.So, this is a good chance for you to ape into APE ecosystem!Apecoin $APE is a governance and utility token for culture, gaming, and commerce used to empower decentralized communities building standing at the forefront of web3. $APE TokenomicsApecoin ($APE) has a total max supply of 1 billion tokens with no inflation nor any burning mechanism. The token distribution as follows:<figure id="figure-9d2v7ofmmly5khbof" class=""><img id="9d2v7ofmmly5khbof" src="https://cdn.durable.co/blocks/34D3aNkdRViZ5PNQO2CNwWGkMYk1qF9av0VmDKGe8OdzOhlUIbOdA9ekjzRGHv2K.png" alt="MacBook Pro near white open book" title="MacBook Pro near white open book" class="object-cover bg-gray-100" style="aspect-ratio: 16/9; object-position: 10% 50%;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="10%" data-positiony="50%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/34D3aNkdRViZ5PNQO2CNwWGkMYk1qF9av0VmDKGe8OdzOhlUIbOdA9ekjzRGHv2K.png" data-mce-style="aspect-ratio: 16/9; object-position: 10% 50%;"></figure>The token distribution to the Community Treasury consists more than 60% of the tokens. This shows that the project is quite community-centric and it fulfill the real ethos of web3 where most of the tokens are allocated to the users. Another important points to check if there is sizeable chunk of tokens allocated to both team Founders and Foundation. So far, the identities of the Launch Contributors (companies and people that helped make this project a reality) is still under clear, but we treat this as ecosystem incentives at the moment since it helps to build value-added to the community.How much does Apecoin $APE really worth? It is difficult to value $APE at its current stage as it is still new, but we can do a rough comparison with metaverse projects such as Decentraland ($MANA) has a fully diluted valuation (FDV) of $5.5 billion, and Sandbox ($SAND) is at $9.7 billion. In the conservative scenario where $APE reaches a $5 billion FDV, $APE will be $5.At the time of writing, the fully diluted value (FDV) is around $13 billion.<figure id="figure-c9mpcuk2hfly5kopu6"><img id="c9mpcuk2hfly5kopu6" src="https://cdn.durable.co/blocks/2bYgKqgLoHzv3tVrGLitN6wSKe55awGPQnA9muQ7WbYipsZSe2ofnwDvtFkhj6h4.jpg" alt="black chair lot" title="black chair lot" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: 0% 50%;" data-corners="default" data-aspect="16:9" data-caption="Source: Coinmarketcap" data-positionx="0%" data-positiony="50%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/2bYgKqgLoHzv3tVrGLitN6wSKe55awGPQnA9muQ7WbYipsZSe2ofnwDvtFkhj6h4.jpg" data-mce-style="aspect-ratio: 16/9; object-position: 0% 50%;"><figcaption class="body-normal text-gray-500 mt-2">Source: Coinmarketcap</figcaption></figure>a) FDV Valuation: Compare with Meme Coins ($DOGE, $SHIBA) and Metaverse Coins ($AXS, $SAND, $MANA). Will $APE worth more than meme coin $DOGE or $AXS?<figure id="figure-6x6lncju1nly5kq4z0"><img id="6x6lncju1nly5kq4z0" src="https://cdn.durable.co/blocks/2b9ttMO7GlvOG03fGxZkYhLgTdbbAfyZXueyHmONOptnBjYTFHlQI7UwSkcvNpi4.png" alt="woman standing in front of children" title="woman standing in front of children" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/2b9ttMO7GlvOG03fGxZkYhLgTdbbAfyZXueyHmONOptnBjYTFHlQI7UwSkcvNpi4.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>b) Price Estimates:<figure id="figure-5nxq1mfs7ly5kqmsh" class=""><img id="5nxq1mfs7ly5kqmsh" src="https://cdn.durable.co/blocks/6SJG9sO6ds0J8IgUASutSz4LCJW3Ef8B51CPQsjVZaJrupVswypMhd8soDcHSDQk.png" alt="woman and man sitting in front of monitor" title="woman and man sitting in front of monitor" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/6SJG9sO6ds0J8IgUASutSz4LCJW3Ef8B51CPQsjVZaJrupVswypMhd8soDcHSDQk.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>*Note: With the news of everyday ApeCoin being adopted, the real utility in Yugaverse, high brand exposure, even a $25 billion FDV doesn’t sound insane at all. Don’t forget that $APE will be the ecosystem token for #Cryptopunks &amp; #Meebits as well!<figure id="figure-odg8xzy12zmly5kr8ef"><img id="odg8xzy12zmly5kr8ef" src="https://cdn.durable.co/blocks/264gzdYkp09r80yVsT1NfKrXFTAWx9KlROxfcR0Btjbeu9W0WtKmobnmCvsOqALp.jpg" alt="person using MacBook Pro" title="person using MacBook Pro" class="object-cover bg-gray-100 " style="aspect-ratio: 3/2; object-position: undefined% 50%;" data-corners="default" data-aspect="3:2" data-caption="" data-positionx="undefined%" data-positiony="50%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/264gzdYkp09r80yVsT1NfKrXFTAWx9KlROxfcR0Btjbeu9W0WtKmobnmCvsOqALp.jpg" data-mce-style="aspect-ratio: 3/2; object-position: undefined% 50%;"></figure>c) Sharpe ratio: the Sharpe Ratio (30D) for $APE is very high, therefore a better return rates is expected relative to the risk taken on.d) Valuation based on TAM. Based on data from Coingecko, the current market cap for Metaverse Coins is 22.9 billion. The future metaverse market is estimated to exceed $1 trillion in annual revenue, reported by JPMorgan Chase global investment bank said.Top ten BAYC NFT holder wallets:1. Dingaling.eth 2. Jrny.eth 3. 0x98e711f31e49c2e50c1a290b6f2b1e493e43ea76 4. Canaryvault.eth 5. vault.j1mmy.eth 6. Machibigbrother.eth 7. 0xf8e0c93fd48b4c34a4194d3af436b13032e641f3 8. 0xa7ab7a265f274fa664187698932d3cabb851023d 9. goldape.eth 10. Bkr.eth What are the use cases of $APE and their future? ApeCoin ($APE) is a ERC-20 governance and utility token that currently serves for the followings purposes:•A governance token that allows $APE holder to participate in ApeCoin DAO AIPs governance proposals.• Unification of Spend: A utility tokens for $APE ecosystem and Incentivization.•Token to access to Games, Events, and etc. (So far Play-to-earn games @BenjiBannanas and @nWayPlay planned in this year!)&nbsp;<figure id="figure-p8c46gc7k6ly5l0odv"><img id="p8c46gc7k6ly5l0odv" src="https://cdn.durable.co/blocks/8YyvfptefLBTCgudS30KkdrqLt0Uj5wxqitseRqKhGtsdjZVJRD6idUJWowrHmwR.jpg" alt="black chair lot" title="black chair lot" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: 50% 5%;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="50%" data-positiony="5%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/8YyvfptefLBTCgudS30KkdrqLt0Uj5wxqitseRqKhGtsdjZVJRD6idUJWowrHmwR.jpg" data-mce-style="aspect-ratio: 16/9; object-position: 50% 5%;"></figure><figure id="figure-oqnpjcmm97ly5l1k98"><img id="oqnpjcmm97ly5l1k98" src="https://cdn.durable.co/blocks/25y2j1RX29uK7pEOEjb8RxG8R8v28RMPrvbLIt9QAmXPGehESgd67IGdD7PSV3O7.jpg" alt="woman carrying white and green textbook" title="woman carrying white and green textbook" class="object-cover bg-gray-100 " style="aspect-ratio: 1/1; object-position: center center;" data-corners="default" data-aspect="1:1" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/25y2j1RX29uK7pEOEjb8RxG8R8v28RMPrvbLIt9QAmXPGehESgd67IGdD7PSV3O7.jpg" data-mce-style="aspect-ratio: 1/1; object-position: center center;"></figure>Unlike other token like $BOBU where Azuki #40 is being fractionalized and the token represent a fractional ownership and the holders of Bobu Fractions in the community can participate in the governance, there is no value accrual mechanism for $APE at the moment. Since $APE is just a governance and utility token, and it is not tie to the NFT itself, therefore it is important to create utility for the token itself and it is important to see how $APE play an important role in the APE ecosystem.Just within 2 weeks since the token launched, we have seen ApeCoin $APE being adopted as payment across Music NFT, PFP NFT and so on. It is evitable to see more and more $APE integration across all other NFTs (Generative NFT, Community NFT and more utility-based NFT). Imagine what if ApeCoin adopted by all the BAYC celebrities, Artist, VC CEOs etc…a. For Payments i.e. TIME Magazine at time.com/hodl, CASETiFY’s phone cases at https://nftyc.com/ and many more..b. Music NFTs: Snoop Dogg x Wiz Khalifa. Expected more celebrities will accept $APE coin as payment for their music NFTs.c. Purchase NFTs with $APE on X Marketplace<figure id="figure-lf4l5d5z3ly5l2n73" class=""><img id="lf4l5d5z3ly5l2n73" src="https://cdn.durable.co/blocks/19IyVUAqJD7YfL02Tvye8DHdnVozWRdU3pFs5W275kroXJ7L49TXjQV3WLYTwWp3.jpg" alt="multi colored pencils on pink surface" title="multi colored pencils on pink surface" class="object-cover bg-gray-100" style="aspect-ratio: 1/1; object-position: undefined undefined;" data-corners="default" data-aspect="1:1" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/19IyVUAqJD7YfL02Tvye8DHdnVozWRdU3pFs5W275kroXJ7L49TXjQV3WLYTwWp3.jpg" data-mce-style="aspect-ratio: 1/1; object-position: undefined undefined;"></figure>d. Limited-time BAYC/MAYC merch purchaseFor #BAYC, #MAYC, #BAKC holder, what are the ways to earn with $APE? 1) Swap it 2) Participate in DAO governance proposals 3) DeFi Yield Farming (Uniswap V3 earn 1% fees) — For example, #BAYC whale holder Franklin allocated some portion to provide liquidity in Uniswap V3 to earn a share of 1% all trading fees. Check out post below how to add liquidity in Univ3 if you’re interested.<figure id="figure-0zv0nvd9urpgly5lh4n4"><img id="0zv0nvd9urpgly5lh4n4" src="https://cdn.durable.co/blocks/2cyNudQQf9mMoe3NhH7YIpFF9v7TKqbKw9ZDLt4RH0vKJk8XrPLYcWLVGVU7lTk4.jpg" alt="white printer paper on brown wooden table" title="white printer paper on brown wooden table" class="object-cover bg-gray-100 " style="aspect-ratio: 1/1; object-position: 50% 5%;" data-corners="default" data-aspect="1:1" data-caption="" data-positionx="50%" data-positiony="5%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/2cyNudQQf9mMoe3NhH7YIpFF9v7TKqbKw9ZDLt4RH0vKJk8XrPLYcWLVGVU7lTk4.jpg" data-mce-style="aspect-ratio: 1/1; object-position: 50% 5%;"></figure><figure id="figure-9x1i03fwcqly5li127"><img id="9x1i03fwcqly5li127" src="https://cdn.durable.co/blocks/aiIQGuD5Qq4qnPHcyI66TdX4jXXVl2uSMNom8HkeGGuH6uiNoazPTtqysanfpl5J.jpg" alt="person holding pencil near laptop computer" title="person holding pencil near laptop computer" class="object-cover bg-gray-100 " style="aspect-ratio: 1/1; object-position: 50% 80%;" data-corners="default" data-aspect="1:1" data-caption="" data-positionx="50%" data-positiony="80%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/aiIQGuD5Qq4qnPHcyI66TdX4jXXVl2uSMNom8HkeGGuH6uiNoazPTtqysanfpl5J.jpg" data-mce-style="aspect-ratio: 1/1; object-position: 50% 80%;"></figure>Personally, I would prefer small a small portion to ETH to buy the next #BAYC. Keep most in $APE provide liquidity in Uniswap to earn 1% fees and remaining portion swap to make more $APE token!For non-holder, you can check out and buy it on the list of exchanges at https://apecoin.com/exchanges, and participate in the voting of most exciting ever ApeCoin DAO governance proposals! :)How ApeCoin can reign it supreme in the long run? The Future Catalyst of Apecoin $APE •The DAO’s Board (Animoca Brands, Reddit, FTX, Horizon Labs). With successful example of DAO’s Board members i.e., Animoca Brands as early investor in Sandbox and etc.•Real utility in the Yugaverse “Otherside”, a Web3 MMORPG metaverse with NFTs in April 2022.<figure id="figure-wswp41pvxcly5lf0z4" class=""><img id="wswp41pvxcly5lf0z4" src="https://cdn.durable.co/blocks/1VZQvE2ycTq6WbRGgLVnLdXfIqWcQopU8kt3xnkormBTmvgxuLuEYPGPSHkIe62f.jpg" alt="books on brown wooden shelf" title="books on brown wooden shelf" class="object-cover bg-gray-100 selected" style="aspect-ratio: 1/1; object-position: center center;" data-corners="default" data-aspect="1:1" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/1VZQvE2ycTq6WbRGgLVnLdXfIqWcQopU8kt3xnkormBTmvgxuLuEYPGPSHkIe62f.jpg" data-mce-style="aspect-ratio: 1/1; object-position: center center;" data-mce-selected="1"></figure>• A truly decentralized NFT marketplace powered by $APE!• APE Fest• Play-to-earn game planned in this year. Expect more P2E games onboards in the near term• More partnerships with web2 and web3 big brands“Web3 is the internet owned by the builders and users, orchestrated with tokens” — @packyM Although there are numerous debates and different opinion among all especially BAYC holders in the proposed AIPs, but this the where the real ethos of web3 where users take the ownership and control are at the own hand.I’m sure there are many BIG key events coming as I believe in the team because the team know EXACTLY what they are doing!Jerrg @babyape113

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