ApeCoin Surges on News of Dookey Dash Game Launching Free-to-Play Edition
ApeCoin, the token associated with Yuga Labs’ Bored Ape Yacht Club ecosystem, experienced a significant surge of over 10% following the announcement that the BAYC-themed game Dookey Dash is launching a new free-to-play edition. The current trading price of ApeCoin stands at $1.58, reflecting a 10.1% increase in the past day and a 17.9% increase over the week, according to data from CoinGecko.
Dookey Dash Introduces “Unclogged” Edition with Public Access
The price spike in ApeCoin follows the news that Dookey Dash, an endless runner game, will release a new edition called “Unclogged” that allows public access. Previously, only holders of Bored Ape Yacht Club’s Sewer Pass NFTs could play the game. Although it remains unconfirmed whether in-game rewards will be paid out in ApeCoin, the trailer for the new edition prominently features ApeCoin logos.
NFT Collection Holders to Receive “Token Benefits” in Dookey Dash: Unclogged
Yuga Labs announced on Twitter that holders of NFT collections such as Bored Apes and Mutant Apes will receive “token benefits” in Dookey Dash: Unclogged. The game is set to launch in February and will be available on iOS, Android, Mac desktop, and Windows desktop platforms.
About ApeCoin and Bored Ape Yacht Club Ecosystem
ApeCoin is an Ethereum-based token serving as the official cryptocurrency of the Bored Ape Yacht Club ecosystem. The community originated with the 10,000-strong BAYC profile picture (PFP) NFT collection and expanded to include spin-offs like the Mutant Ape Yacht Club. While the BAYC collection was created by Yuga Labs, ApeCoin itself was developed by the ApeCoin DAO, a decentralized autonomous organization responsible for governing the token and its roadmap. Initially, tokens were allocated to BAYC and MAYC holders, who could use them for voting on community-led governance proposals.
Hot Take: ApeCoin’s Surge Reflects Growing Interest in Bored Ape Yacht Club Ecosystem
The recent surge in ApeCoin’s value showcases the increasing interest and demand for the Bored Ape Yacht Club ecosystem and its associated tokens. With the launch of Dookey Dash: Unclogged, which offers public access and “token benefits” for NFT holders, the ecosystem is expanding its reach and attracting new participants. As more games and developments unfold within the Bored Ape Yacht Club ecosystem, ApeCoin is likely to experience further growth and become a key player in the evolving world of cryptocurrency.
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