Ape Coin ( CRYPTO: APE) continues to be the most traded cryptocurrency by the 1,000 most significant Ethereum ( CRYPTO: ETH) wallets for the 5th straight day.

What Happened: Ape Coin was the most traded token in the previous 24 hours, as at press time late Thursday, according to information from cryptocurrency information platform WhaleStats.

The token likewise stood 6th amongst the leading 10 acquired tokens and ranked 5th amongst the most pre-owned clever agreements by the Ethereum whales.

See Also: How To Buy Ape Coin (APE)

Why It Matters: Decentralized company Ape CoinDAO just recently released Ape Coin as a token for culture, commerce and video gaming to develop out Web3 efforts. The token is a decentralized task motivated by Yuga Labs’ Bored Ape Yacht Club (BAYC) non fungible token (NFT) task.

Ape Coin retweeted a post by Snoop Dogg that stated the rap artist and Wiz Khalifa have actually launched a set of 8 music tracks as NFTs themed on Ape Coin and BAYC. The collection is entitled “Ape Drops 03” An 8th.”

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