Rise of the Planet of Apes is one of those rare the franchise Produced by: Peter Chernin, Dylan Clark, Rick Jaffa, Amanda Silverīased on Premise suggested by Laplanete des singes by Pierre BoulleĬast: James Franco, Freida Pinto, John Lithgow, Brian Cox, Tom
According to the website, it boasts a total market capitalization of $1.3 billion.
(The cheapest NFT in the series is now worth 102 ETH, or $300,600 on OpenSea.)ĭespite the volatility, in its infancy, ApeCoin is already the 48th largest cryptocurrency, according to CoinMarketCap, out of more than 12,000 cryptocurrencies in existence. If sold at the right time, it was a massive infusion of cash for the ape community, some of whom were already rich enough to afford million-dollar digital avatars, including Hollywood celebrities-but others of whom had bought their apes for a handful of ETH before the craze drove the yacht club’s floor prices skyward. But it was made more extreme by a sizable airdrop of ApeCoins to Bored Ape owners at the token’s low point, which they could claim for free- and many did, catalyzing a fresh round of volatility in ApeCoin value.įor some, airdropped coins amounted to upwards of $500,000 at the market’s peaks. The wild ride was perhaps unsurprising given the collision of hype culture with a euphoric cryptocurrency market. That’s as Yuga has been careful to distance itself from the token, amid growing regulatory scrutiny of cryptocurrencies as unregistered securities. (It has since settled at around $10 as of midday Monday.)ĪpeCoin banks on the universe of 2-D primates developed by Yuga, although the coin’s “official” launch was piloted by a decentralized autonomous organization called ApeCoin DAO, for which initial council members include Reddit cofounder Alexis Ohanian. For one, it comes on the heels of a new cryptocurrency token said to power Otherside’s marketplace, called ApeCoin, which made its trading debut Thursday morning to wild volatility-with its price swinging from highs of over $50 to lows of roughly $6 within hours. The trailer’s drop follows an explosive week for Yuga.
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