Over the last couple of days, , a project inspired by Yuga Labs’ Bored Ape Yacht Club, has been one of the most discussed topics in the crypto community.
The utility token, created by Apecoin DAO and issued to Bored Ape and Mutant Ape NFT, holders has had a remarkable run of form and gained massive support in its first week in the crypto space.
ApeCoin Continues as ETH Whales’ Most Traded Token
According to compiled by Whalestats, the BAYC inspired ApeCoin has been the most traded cryptocurrency by the 1,000 biggest Ethereum wallets over the last 24 hours, maintaining this status for the fifth consecutive day.
The token also ranks fifth among the top ten purchased tokens in the last week. ApeCoin is also ranked fifth among the most used smart contracts by Ethereum whales.
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