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Significant Surge in Ethereum-Based Altcoin Following Launch of Free-To-Play Game

Significant Surge in Ethereum-Based Altcoin Following Launch of Free-To-Play Game

Altcoin APE Surges on Announcement of Free-to-Play Game

ApeCoin (APE), a popular memecoin associated with the Bored Ape Yacht Club NFT collection, has experienced a significant rally following the announcement of a new blockchain game. On January 17th, APE reached a high of $1.67 and a low of $1.44, marking a 16% difference. At the time of writing, APE has stabilized at $1.59, still showing a 10% increase in the last 24 hours.

New Game Coming Soon

The Yuga Labs Gaming Twitter account recently shared news about an upcoming game. The tweet hinted at the release of “Dookey Dash Unclogged,” set to launch in Q1 2024. This free-to-play game aims to attract a wider audience compared to its predecessor and promises exciting gameplay.

ApeCoin DAO Behind the Game

ApeCoin DAO, which operates as a decentralized autonomous organization, owns and manages Yuga Labs, the developer of the upcoming game. The game’s official website offers a glimpse into what players can expect: a racing game where avatars navigate through plumbing pipes and sewage drains. “Dookey Dash Unclogged” serves as a sequel to the original “Dookey Dash.”

Hot Take: Ethereum-Based Altcoin Gains Momentum with New Game Announcement

The announcement of a free-to-play blockchain game has propelled ApeCoin (APE) to new heights. As excitement builds around “Dookey Dash Unclogged,” the altcoin has seen a surge in value, reaching a high point in recent trading sessions. This development underscores the increasing popularity and potential profitability of blockchain-based games within the crypto ecosystem.

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Significant Surge in Ethereum-Based Altcoin Following Launch of Free-To-Play Game