ApeChain, a new cryptocurrency developed based on Arbitrum Orbit chain technology, has experienced a significant surge in value since its launch this morning. According to BlockBeats news and HTX market information, APE, the native gas currency of ApeChain, was quoted at $1.2275 by 10AM EST today – a single-day increase of more than 60%.
The announcement of ApeChain and its cross-chain bridge has generated considerable excitement within the crypto community. Official documents reveal that ApeChain is designed to provide fast and secure transactions through its unique chain technology. In addition to APE’s substantial rise in value, the first batch of meme coins within the ApeChain ecosystem has also seen an increase in their market prices this morning.
Key Facts:
1. ApeChain launched this morning with APE as its native gas currency.
2. The cryptocurrency surged by more than 60% in just one day after launch (as per BlockBeats news).
