In today’s Nightly mint, we’re checking in on a follow up from yesterday’s report on the new Bored Ape Yacht Club token, ApeCoin. We’re taking a quick look at a major entertainment and tech company that could be the next in line to integrate NFTs. And, of course, we discovered the greatest finesse through an Ethereum flash-loan.
Enjoy a cool evening by relaxing and sitting back. Mint.
Nightly Mint
ApeCoin: The Latest Mint
Yesterday’s MintApeCoin was covered, which is the official Bored Ape Yacht Club token. Shortly after yesterday’s report, the token quickly began trading on dApps like Uniswap.
Airdropped holders sold their bag to make quick money, while many buyers had liquidity problems during trading. According to CoinGecko at time of publishing, the ApeCoin token has already surged to a top 100 in market cap – an impressive feat in such short time.
Nansen also revealed that the floor price for BAYC NFTs (and MAYC NFTs) has fallen over the past 24-hours, with Bored Apes dropping approximately 10%, and Mutants plummeting roughly 20% during the first day Ape token trade.
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While the chart does not show all of early-hours trading, it shows some of short-term price movements for the APE token. Source: APE-USD on TradingView.com | Source: APE-USD on TradingView.com
Spotify is Next
Today’s rumor mill buzzes as Spotify is believed to be looking into NFTs. Spotify has posted job openings that mention NFT and crypto engagement. What’s the size and scope of potential utilization on Spotify? Of course, the ceiling is sky-high, by the company’s conduciveness to engage in the space is yet to be determined.
The ‘Minty Fresh’ Take
Crypto hustle can be quite giga-brained. This is a finesse move that you have to appreciate.
A flashloaner just claimed 6 NTFX apes. $APE, and sent them back in one transaction 🤯https://t.co/9nYYFyI6JS
— Jorge 🇺🇦 (@nftjorge) March 17, 2022
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Featured image taken from TradingView.com Charts, and Pexels This content was not written by or associated with the mentioned parties. This article is not meant to provide financial advice.