ApeCoin, the token of Yuga Labs’ Bored Ape Yacht Club ecosystem, leaped over 10% Wednesday on news the BAYC-themed game Dookey Dash is launching a brand new free-to-play edition.
Per data from CoinGecko, ApeCoin is presently buying and selling at $1.58, up 10.1% previously day and 17.9% around the week.
The token’s cost bump follows the announcement that endless runner title Dookey Dash will launch a brand new “Unclogged” edition with public connect to the game was formerly restricted to holders of Bored Ape Yacht Club’s Sewer Pass NFTs.
A trailer for that game’s re-creation shows ApeCoin logos, though a spokesperson for Yuga Labs wouldn’t confirm whether in-game rewards is going to be compensated in the cryptocurrency. The initial game saw players competing for any 1-of-1 NFT key, that the champion “Mongraal” offered to millionaire Adam Weitsman for $1.63 million.
Inside a Twitter publish, Yuga Labs also says holders of NFT collections including Bored Apes and Mutant Apes will get “token benefits” in Dookey Dash: Unclogged.
The brand new game is going to be released for iOS, Android, Mac desktop, and Home windows desktop users, with reports suggesting it’ll stop by Feb.
ApeCoin, an Ethereum-based token, is evidently the state token from the Bored Ape Yacht Club ecosystem, a residential area that originated using the the ten,000-strong BAYC profile picture (PFP) NFT collection and then expanded to incorporate spin-offs like the Mutant Ape Yacht Club.
Even though the BAYC collection was produced by NFT firm Yuga Labs, ApeCoin itself was produced through the ApeCoin DAO, a decentralized autonomous organization established to govern the token and it is roadmap. Tokens were initially allotted to BAYC and MAYC holders, using the token accustomed to election on community-brought governance proposals for that DAO.
