1 year ago, ApeChain went live during ApeFest 2024
Here’s what happened after:
- $APE went up from $0.6 to almost $2
- New memecoins were launched
- New NFTs were minting out daily
It was a euphoric time. $APE was back. NFTs were also back
Where’s ApeChain now?
- $7.43Mn TVL. For comparison, ApeChain crossed $35Mn within first 48hrs since launch
- 76K tx over the last 24hrs. Its peak was over 1Mn transaction in a day a few days after launch
- NFT communities still thriving but memecoins, not as much or not at all
- a number of ApeChain NFT communities now have avatars in Otherside
A lot of people here may consider ApeChain a dead chain but I wouldn’t say that for 2 key reasons:
1️⃣ Otherside - Otherside has been steadily developing and has onboarded almost 30 NFT communities as avatars in there
And this is despite Yuga not yet doing much marketing for Otherside
If Yuga turns Otherside on and adds its marketing machinery for it, then we might see more onboarding via Otherside
And yes, Otherside is on ApeChain
2️⃣ ApeCo Partnerships - ApeCo has just been formed recently and I’ve been seeing them cooking partnerships in the back
While I can’t tell you much rn, I can say that they are focused on onboarding culture, streetwear, fashion, sports, & live events onchain
ComplexCon is a prime example of this
These are 2 big ticket potential drivers for ApeChain that I’m apeish about
However, I hope that life can be brought back to ApeChain trenches soon
Maybe ApeFest will do that just as it did last year 🤔

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