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		<title>ApeChain Officially Launched, Meme Coin Wave Begins</title>
		<link>https://coinengineer.net/blog/apechain-officially-launched-meme-coin-wave-begins/</link>
					<comments>https://coinengineer.net/blog/apechain-officially-launched-meme-coin-wave-begins/#respond</comments>
		
		<dc:creator><![CDATA[Orhan]]></dc:creator>
		<pubDate>Sun, 20 Oct 2024 15:00:10 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[ape]]></category>
		<category><![CDATA[ApeChain]]></category>
		<category><![CDATA[eth]]></category>
		<category><![CDATA[Launched]]></category>
		<category><![CDATA[meme coin]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=31225</guid>

					<description><![CDATA[<p>ApeChain, which sparked excitement in the crypto world with its testnet phase in July, has now officially launched. Following the announcement of ApeChain, a flood of meme coins hit the network, and ApeCoin (APE) saw a significant price increase as a result of these developments. According to a statement from ApeCoin, bridges are now active,</p>
<p>The post <a href="https://coinengineer.net/blog/apechain-officially-launched-meme-coin-wave-begins/">ApeChain Officially Launched, Meme Coin Wave Begins</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div><strong>ApeChain</strong>, which sparked excitement in the crypto world with its testnet phase in July, has now officially launched. Following the announcement of ApeChain, a flood of meme coins hit the network, and ApeCoin (APE) saw a significant price increase as a result of these developments. According to a statement from ApeCoin, bridges are now active, allowing users to transfer their <strong>APE</strong>, <strong>ETH</strong>, and stablecoins to ApeChain to generate yields. Additionally, the core incentive program for users was launched today.</div>
<div></div>
<div><strong>Meme Coin Wave Shakes ApeChain</strong></div>
<div></div>
<div>After the official launch of <a href="https://coinengineer.net/blog/telegram-nft-activity-increases-by-400-in-q3-2024-report/"><strong>ApeChain</strong></a>, meme coin projects were rapidly introduced, with many securing their spot on the platform within minutes. Some of these meme coins quickly reached market capitalizations worth millions of dollars. A token creation platform called ApeExpress, similar to pump.fun on the Solana network, was also launched alongside ApeChain.</div>
<div></div>
<div>Among the standout meme coins, CURTIS led the pack, reaching a market cap of around $16 million, followed by CIF at $5.3 million, and DOOKEY at $3.5 million.</div>
<div></div>
<div>The launch of ApeChain also triggered a noticeable surge in the price of ApeCoin (APE). APE rose from $0.73 to $1.42, recording a nearly 100% increase within a few hours. As of 11:40 AM Turkish time, APE is trading at $1.40, with many eagerly awaiting whether this upward trend will continue.</div>
<div></div>
<div>These developments are seen as a significant turning point for the future of the ApeChain and ApeCoin ecosystems.</p>
<div>
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<p>The post <a href="https://coinengineer.net/blog/apechain-officially-launched-meme-coin-wave-begins/">ApeChain Officially Launched, Meme Coin Wave Begins</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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