Daily News on $APE, $RUNE, $PYTH and Other Cryptos

Crypto analyst Layergg reported on several notable developments over the past 12 hours that could impact various cryptocurrencies:

Yuga Labs Acquires Proof Collective

As mentioned, Bored Ape Yacht Club creator Yuga Labs has acquired Proof Collective, the team behind the popular NFT project Moonbirds. This caused a spike in $APE, the token associated with the Bored Ape ecosystem, as it strengthens Yuga’s position.

60M $RUNE Token Burn

Decentralized exchange Thorchain will burn 60 million $RUNE from its reserves to improve lending scalability on the platform. This significant token burn could put deflationary pressure on $RUNE.

$PYTH Airdrop Announcement

In $PYTH news, Degen Base announced an upcoming airdrop of $DB tokens to $PYTH stakers. This could incentivize staking of the PYTH oracle token.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

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Parallel Releases Colony Game Footage

Crypto gaming project Parallel tweeted footage of its upcoming real-time strategy mobile game Colony, which utilizes $PRIME tokens, showcasing graphics and gameplay. This glimpse is generating hype around $PRIME.

Updates on $FIRE, $GNO, $XAI and More

Additional updates included:

  • Gameplay video drop for battle royale title Matr1x Battle, featuring $FIRE
  • New token launch proposal for $GNO that could lead to holder airdrops
  • Potential incentives introduced for Arbitrum gaming with $MAGIC and $XAI
  • $XCAD teased an upcoming main product launch

As always, follow us for more updates on the most popular altcoins.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!