How to Participate in ApeChain, the Newly Launched Network Betting on Meme Coins?
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How to Participate in ApeChain, the Newly Launched Network Betting on Meme Coins?
Up 120% in 24 hours, players who once FOMOed into "Bored Ape" are now hyping ApeChain.
Navigating Web3 tides with focused insightsAuthor: Viee, Core Contributor at Biteye
Editor: Crush, Core Contributor at Biteye
If you remember Bored Ape Yacht Club (BAYC), the long-reigning top NFT during the last bull market, then you're likely curious about ApeChain.
Last Sunday, Bored Ape Yacht Club officially announced the mainnet launch of ApeChain, sparking an immediate market response—$APE surged over 120% within 24 hours.
Bored Ape Yacht Club announces ApeChain mainnet launch
01 How Did ApeChain Perform at Launch?
ApeChain is a Layer-2 network developed by ApeCoin DAO, built on Arbitrum Orbit, designed to support the ApeCoin ecosystem with a focus on the Bored Ape (BAYC) community.
It features an “auto-yield mode” that allows users to hold $APE while earning yield through on-chain trading and liquidity provision.
ApeChain has already attracted significant activity from apps, games, and other projects—including meme coin platforms like Ape Express (similar to Pump.fun) and trading simulation platforms like Top Trader.
Ecosystem projects listed on the ApeChain official website (https://apechain.com/)
The chain narrative has been a key focus since Greg Solano, one of Yuga Labs' co-founders, resumed his role as CEO. With the new chain live, degens have rushed in to speculate on new meme coins. Here’s how ApeChain performed on day one:
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2,640 tokens created on Ape Express
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55 meme coins successfully completed their bonding curves
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7 meme coins reached million-dollar market caps
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Over $50M in trading volume
Not bad for a first day.
02 How Can Newcomers Participate in ApeChain?
Is there still opportunity for new players? The answer is: yes.
Newcomers still have a chance—the initial PVP frenzy has settled, and leading meme coins have stabilized. According to the official ecosystem roadmap, beyond meme infrastructure, several games are expected to launch soon.
Here’s how to get involved in ApeChain:
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Cross-chain transfer: The first step is bridging assets. The native gas token on ApeChain is $APE. The official bridge (https://apechain.com/portal) supports Ethereum and Arbitrum, allowing transfers of multiple tokens. However, be mindful of slippage—only $APE transfers are currently fee-free. Third-party bridge Stargate is also available, but only supports $APE.
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Finding meme coins: For pre-Dex opportunities, explore Ape Express to discover promising new meme coins. Once listed on DEXs, use Dexscreener, select ApeChain, and check the popularity rankings. Avoid low-market-cap tokens.
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Swap: Camelot is the dominant DEX; DYORSwap offers far fewer trading pairs. Open Camelot, select ApeChain, and your wallet will automatically add the RPC. Then simply swap for your desired token.
Trading interface for $CURTIS on Ape Express (for illustration only, not a recommendation)
Beyond memes, Top Trader (@Toptrader_xyz) has launched on ApeChain—a simulated trading platform with simple rules:
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Pay 10 $APE to enter the daily trading competition.
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You start with 10,000 game tokens and can trade supported assets with 100x to 1,000x leverage. If you run out, buy another ticket for more game tokens.
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Top performers split 50% of the prize pool.
Top Trader simulation interface showing payment of 10 $APE in bottom-left corner
If you’re a skilled trader, this is a chance to win rewards. Even if not, you can still participate and potentially farm airdrops.
03 Risk Warning
ApeChain’s rapid rise has drawn widespread market attention. Despite the positive short-term momentum, its demand-side fundamentals still lag behind major blockchains like Ethereum and Solana.
Given factors such as holder count and liquidity depth that affect long-term sustainability, it remains uncertain whether ApeChain will generate lasting wealth effects—or burn bright and fade. Caution is advised.
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