How to turn over with memes, how to participate in the newly launched ApeChain?

If you have heard of the long-standing champion of the last bull market, Non-fungible Token “Bored Ape Yacht Club” (BAYC), then you must be curious about ApeChain.

Last Sunday, Bored Ape Yacht Club officially announced the launch of ApeChain Mainnet, and the market responded positively with a big pump of over 120% in $APE price within 24 hours.

Bored Ape Yacht Club Officially Announces the Launch of ApeChain Mainnet

0****1 How is ApeChain performing online?

ApeChain is a Layer-2 network developed by ApeCoinDAO, built on Arbitrum Orbit, aiming to support the ApeCoin ecosystem and primarily focused on the Bored Ape Yacht Club (BAYC) community.

Its features include ‘Automatic Yield Mode’, which allows users to hold ApeCoin and trade and provide Liquidity on-chain.

Currently, ApeChain has attracted active participation from a large number of applications, games, and other projects, such as Ape Express, a platform similar to Pump.fun’s Memelaunch coin, and Top Trader, a trading simulation game platform.

ApeChain Official Website (**

The narrative of the chain has been a focus of development since Yuga Labs co-founder Greg Solano took over as CEO. After the new chain started, Degen players flocked in to speculate on the new Meme coin. Let’s take a look at the performance of Apechain on the first day.

• 2640 tokens are created on the Ape Express platform
• 55 MEME coins successfully concluded the internal circulation
• 7 meme coins with market capitalization of over a million have emerged
• Volume over 50m

This performance is quite good.

0****2 How can new players participate in ApeChain?

So do new players still have a chance now? The answer is: yes.

If new players want to get on board now, the timing is good because the first wave of PVP has ended and the leading MEME is already stable. Moreover, according to the official website’s ecological introduction, besides the MEME infrastructure, there will be many more games online in the future.

Now let’s introduce how to participate in ApeChain in detail:

• Cross-Chain Interaction: The first step to go to a new chain is definitely Cross-Chain Interaction. The Gas fee token on ApeChain is $Ape Token. The official bridge (Arbtrium) can cross multiple tokens, but be careful about wear and tear. Currently, only $Ape Cross-Chain Interaction has no wear and tear. You can choose StarGate as a third-party bridge, but it only supports $Ape Cross-Chain Interaction.
• Find Meme coin: If it is an on-chain coin, you can search for new valuable Meme coins on Ape Express. If it is already listed on a Dex, you can use Dexscrenner, select ApeChain, and you will be able to see the current on-chain MEME coin popularity ranking. It is not recommended to buy tokens with a low Market Cap.
• Swap: Currently, the mainstream Dex is Camelot, and DYORSwap supports fewer coins. Open Camelot, select Apechain, and the wallet will automatically add RPC. Select the coin you want to buy and swap it directly.

$CURTIS token on the trading interface of Ape Express (for illustration purposes only)

In addition to playing MEME, the Top Trader (@Toptrader_xyz) in the ApeChain ecosystem is also online. This is a platform that provides trading simulations. The gameplay is actually very simple:

• Pay 10 $Ape to participate in the trading competition of the day.
• You will initially receive 10000U game coins, then go to the trading platform to support coins, with a minimum leverage of 100 times and a maximum leverage of 1000 times. If you run out of game coins, you can continue to buy tickets to get new game coins.
• Traders ranking high will share 50% of the competition prize pool.

Top Trader paper trading interface, showing click on the lower left corner to pay 10 $Ape

If you are a very skilled trader, you can try to see if you can get a reward, and if you are not a very skilled trader, you can also participate in the airdrop.

0****3 Risk Warning

The rapid rise of ApeChain has sparked widespread follow in the market. Although the market response is currently very positive, ApeChain still lags behind mainstream public chains such as Ethereum and Solana in terms of demand.

Considering factors such as the number of holders, Liquidity issues, etc., does ApeChain have the potential to create wealth effects in the long term? Or will it gradually cool down after the initial hype? Caution is still needed in this regard.