apecoin news today | ApeCoin Crashes By Over 25% Following Otherdeed For Otherside Land NFT Sale
apecoin news today | ApeCoin Crashes By Over 25% Following Otherdeed For Otherside Land NFT Sale
Rumors had been swelling for days regarding Otherside and Yuga Labs. Ever since Yuga Labs released apecoin , there had been a utility demand.
The project has gone live in the past 24 hours with its Land NFT sale. Users could acquire 55,000 land plots for this virtual world and pay for their purchase with apecoin.
Unfortunately, the overall demand for apecoin has now seemingly vanished as the sale has concluded.
The dwindling demand for apecoin would ruin the price momentum.
Some people speculate Yuga Labs has already begun dumping the apecoin they gathered, although official sources have not confirmed that.
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