BitPay adds support for Apecoin

On Aug 7, 2022

Popular NFT theme-based Apecoin secured support from the crypto payment platform Bitpay.

Apecoin is an ERC-20 governance and utility concept-based decentralized token, which operates by the Decentralized organization ApeCoinDAO. This coin was launched in March of this year. In the last 5 months, Apecoin grabbed huge traction among the whales because of its uniqueness as an NFTs culture-based project.

Recently popular crypto Payment platform Bitpay announced its support for this Apecoin.

BitPay now supports ApeCoin (APE) and Euro Coin (EUROC)! App users can buy, store, swap and spend in the #BitPay Wallet, plus load and spend instantly like cash via the BitPay Card. pic.twitter.com/AqEjrrVek0
— BitPay (@BitPay) August 5, 2022

So now people will be able to pay in Apecoin via Bitpay and also Apecoin lovers will be able to hold & trade on the Bitpay platform.

Around a week ago, Italian luxury brand Gucci announced its support for Apecoin, to allow the customers to pay in Apecoin via the Bitpay payment platform.

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Now accepting @ApeCoin payments via @BitPay, select Gucci boutiques in the USA expand the range ofcryptocurrencies available for in-store purchases, yet another step in the House's exploration of Web3.
— gucci (@gucci) August 2, 2022

Apecoin price

The current price of Apecoin is $7.28 and this price is only 0.34% higher since March 2022.

At this current trade volume, Apecoin is standing at 34th rank in the crypto industry, which is itself a very big thing for this coin and it is a clear hint that whales are showing significant interest in this coin.

Here the surging interest of crypto investors in Apecoin is because of the ongoing activities of the project team. Right now Animoca Brands is the only official use case for ApeCoin. A popular Play-2 earn game Benji Bananas has adopted APE and enabled users to earn the token through skilled gameplay.