Understanding the Recent APEs Pledged in the Bored Ape Yacht Club
On March 29, according to PeckShield monitoring, the address starting with 0x0680 obtained 13000 APEs pledged after purchasing BAYC # 9061, and transferred them to the address star
On March 29, according to PeckShield monitoring, the address starting with 0x0680 obtained 13000 APEs pledged after purchasing BAYC # 9061, and transferred them to the address starting with 0x945B. PeckShield stated that the reason for this situation is that if a user pledges APE into the NFT pool, the ownership of APE will be transferred simultaneously after the NFT is sold.
The address starting with 0x0680 obtained 13000 APEs pledged after purchasing BAYC # 9061
On March 29, according to PeckShield monitoring, the address starting with 0x0680 obtained 13000 APEs pledged after purchasing BAYC #9061 and transferred them to the address starting with 0x945B. PeckShield stated that the reason for this situation is that if a user pledges APE into the NFT pool, the ownership of APE will be transferred simultaneously after the NFT is sold.
What is the Bored Ape Yacht Club?
Before delving into the recent APEs pledged, it is important to understand what the Bored Ape Yacht Club (BAYC) is. BAYC is a collection of unique digital art pieces known as non-fungible tokens (NFTs) that are created on the Ethereum blockchain. Each Bored Ape has its own unique identity, and they are highly coveted in the NFT world. The BAYC community is known for its passion and loyalty towards the project.
The Significance of APEs
APEs in the BAYC world refer to the Club Membership Passes. These passes are a special type of NFT that grants the holder membership to the Bored Ape Yacht Club. The pass entitles its owner to a variety of benefits, such as exclusive events, merchandise drops, and more.
Recently, there have been instances of large amounts of APEs being pledged in the NFT pool. This has led to some confusion and speculation within the BAYC community as to the motives behind these actions.
A Closer Look at the Recent BAYC APEs Pledged
The recent instance of 13,000 APEs pledged by an address starting with 0x0680 has caught the attention of the BAYC community. After purchasing BAYC #9061, the address in question transferred the APEs to another address starting with 0x945B.
PeckShield, a blockchain security company, has shed some light on the situation. According to their monitoring, when a user pledges APE into the NFT pool, the ownership of the APE will be transferred simultaneously after the NFT is sold. In this case, it is assumed that the address in question is attempting to accumulate APEs and secure a membership to the BAYC.
The Future of APE Pledging in BAYC
While there is no cause for alarm, these recent instances of APE pledging in the NFT pool have certainly raised some eyebrows within the BAYC community. Some members have speculated that this could be an attempt to manipulate the price of APEs and NFTs.
However, BAYC has always been a community driven project, and it is up to the members to decide how they want to engage with the project. These instances of APE pledging may just be a new trend within the community, and there is no telling how it will affect the value of APEs and NFTs moving forward.
Conclusion
The recent APEs pledged in the Bored Ape Yacht Club have provided an interesting insight into the current state of the NFT market. As always, it is important to remain vigilant and aware of any potential risks or opportunities that may arise.
FAQs
1. What are APEs in BAYC?
APEs in BAYC refer to Club Membership Passes that grant their owners exclusive benefits within the Bored Ape Yacht Club.
2. Why are large amounts of APEs being pledged in the NFT pool?
There is no definitive answer, but it is assumed that some users are attempting to accumulate APEs and secure a membership to the BAYC.
3. How will these recent instances of APE pledging affect the BAYC community?
It is too early to tell, but the community is known for its passion and innovation, so there may be new trends and opportunities arising from this development.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/11768/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Larry Fink Predicts No Major US Recession in 2023, But Expects Extended Inflation
According to reports, Larry Fink, CEO of BlackRock, stated in an interview on Friday that he does not expect a major recession in the United States in 2023. However, he believes th
-
Ferrum Network’s DeFi 2.0 Crucible Initiative aims for a Financially Sustainable Future
On March 8, it was reported that the DeFi 2.0 sustainable pledge product Crucible of Ferrum Network has been launched in Arbitrum.
DeFi 2.0 sustainable…
-
MEV Contract Used in AnyswapV4Router Attack
It is reported that, according to the monitoring of the Beosin EagleEye security risk monitoring, warning and blocking platform of Beosin, a blockchain securit…
-
MakerDAO reports significant increase in DAIs cast through PSM
According to reports, MakerDAO said on Twitter that 736 million DAIs have been cast through PSM (USDC) in the past 24 hours, making a net increase of 296 milli…
-
Proposal AIP-1.1 and AIP-1.2 Pass with Over 98% Support in Arbitrum Community Vote
According to reports, the two proposals of the Arbitrum community to expand the supervision and governance power of ARBToken holders (AIP-1.1 and AIP-1.2) were both voted through i
-
Cryptocurrency Exchanges Allegedly Allowing Transactions with Sanctioned Russian Banks
On February 25, according to the report released by the digital asset data analysis company Inca Digital, Huobi and KuCoin still allow people to use debit card…
-
Warren Buffett Predicts American Depositors Are Safe from Bank Failures #
On April 12th, Warren Buffett stated in an interview that he believes troubled banks are not value stocks and that the government will not rescue troubled bank shareholders. During
-
Bitcoin’s Correlation with European Stocks and NASDAQ Declines to Historic Lows
According to reports, data shows that the 30-day correlation between Bitcoin and European stock markets has fallen below – 0.2, the lowest level in more than two years. In addition, the 30-day correlation between Bitcoin and NASDAQ has fallen to about 0.2, the second lowest level in more than a year (previously below 0.2 in November 2022). Data: The 30-day correlation between Bitcoin and European stocks fell below – 0.2, hitting a two-year low Analysis based on this information:Bitcoin and its relation to the traditional financial market has been a topic of debate and intrigue for some time now. Reports have shown that Bitcoin’s correlation with the European stock market has reached its lowest level in two years, with a 30-day correlation under -0.2. In addition, the 30-day correlation between Bitcoin and NASDAQ has been noted to be around 0.2, which is the second lowest in a year. Correlation is a statistical measure that depicts the strength of a linear…
-
Ethereum Layer2 Lockup Volumes: Which Networks Dominated the Market?
According to reports, according to L2BEAT data, the current total lockup volume of the Ethereum Layer2 network is 9.57 billion US dollars, with a decline in the past 7 days to 8.33
-
Polytrade Lands $3.8 Million Seed Round Financing Led by Alpha Wave and Matrix Partners
According to reports, the DeFi lending platform Polytrade completed a seed round financing of $3.8 million, led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ven
-
US Stocks Take a Dip, Dow Leads the Way
It is reported that US stocks fell in the session, with the Dow taking the lead in turning down, the Nasdaq close to turning down, and the S&P 500 index na…
-
What currency did x3 dig (which platform is x3)
x3 Dig what currency According to the official website of x3 Dig what currency, X3 uses smart contracts to cross chain assets and achieve decentralized digital currency transactions According to the data released by the project team, more than 1 million addresses are currently using x3 to participate in Ethereum and EOS ecosystems through smart contracts, including x3, x2rms, c3r, eosioprotocol, eosfomo and other tokens. According to the official of x3, this protocol will provide users with a seamless and secure opportunity to exchange Cryptocurrency (such as ETH/WBTC). Which platform is x3Which platform is x3? It is a completely decentralized Ethereum based protocol. Users can create and trade various Cryptocurrency on this platform, and earn interest by using XTZ tokens x3 currently supports the following types of tokens: 1. USDT: used to manage borrowing and lending of digital assets (such as US dollars or euros) 2. BTC/USDC: 1 x 3 Stablecoin 3. 3 BTCs=1 Bitcoin 4, 5 ETH=100 x 3…
-
Decentralized Exchange Trading Volume Sets New Record
According to reports, Defi Llama data shows that on March 11th, with the anchor of the USDC, the single day trading volume of the Decentralized Exchange (DEX) hit a high of about $25 billion. Previously, DEX’s single day trading peak ($24.3 billion) occurred in May 2021, when the BTC price was approximately $65000 and the ETH price was approximately $4400. DEX trading volume hit a high of about $25 billion on the day of USDC’s anchor release Analysis based on this information:Keyword: Defi Llama, USDC, Decentralized Exchange The latest market report reveals that the daily trading volume of Decentralized Exchanges (DEXs) across the board hit $25 billion on March 11th. Defi Llama data indicates that the uptick was anchored by the stablecoin USDC. This milestone marked a significant increase in DEX trading volume compared to the previous peak of $24.3 billion, set in May 2021 at a time when Bitcoin and Ethereum prices soared to extraordinary heights of $65,000 and…
-
9GAG Makes a Big Entrance to the NFT Market With the Purchase of pfp.eth
On February 20, according to OpenSea data, pfp.eth was sold at 40 ETH (about US $68300), and the buyer was 9GAG (memeland. eth).
Memeland.eth bought pf…
-
BTC fell below $27000
According to reports, the market shows that BTC has fallen below $27000 and is currently trading at $26982.0, with a daily decline of 2.21%. The market is highly volatile, so pleas
-
Consistent Regulation Will Drive Innovation within the Cryptocurrency Industry
According to reports, Zhao Changpeng, CEO of Coin Security, tweeted that the cryptocurrency industry benefits from consistent and clear regulation, and we need to cooperate to achieve this goal. Competition drives innovation. Sound, risk based policies will help create a competitive environment. Innovation must be conducted in a responsible manner to protect users. Policymakers should effectively promote consistent and clear regulations. And crypto exchanges must continue to do the right thing, always putting users first. The encryption industry requires continuous progress on both sides, which cannot be replaced by each other. Zhao Changpeng: Policymakers should promote consistent and clear regulations Analysis based on this information:The message from Zhao Changpeng, the CEO of Coin Security, highlights the importance of consistent and clear regulations within the cryptocurrency industry. According to him, such regulations will not only promote competition but will also spawn innovation within the industry. As the CEO of a firm that is an active participant in the industry, Changpeng is…