What is Yuga Labs’ Otherside? Inside the Bored Ape Yacht Club Metaverse
The creators of Bored Ape Yacht Club are behind ApeCoin-powered metaverse platform Otherside. Here’s how it works.
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#224Mcap
$151.50MFully Diluted Mcap
$151.50MSupply
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1,000,000,000Total
1,000,000,000Created On
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ATH
$26.70ATH Change
-99.43%ATH Date
Apr 28th, 2022Total Value Locked (TVL)
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ApeCoin News
Oct 3, 2025
Law and Order
Bored Ape NFTs Are Not Securities, Court Rules in Landmark Decision
A federal judge in California has tossed out a class-action lawsuit against Yuga Labs, creator of the once-dominant Bored Ape Yacht Club NFT collection, ruling that the digital collectibles cannot be considered securities. The Los Angeles-based judge, Fernando M. Olguin—who was appointed to the bench in 2013 by former president Barack Obama—ruled Thursday that Bored Ape NFTs fail to meet several criteria of the test used to determine the security status of financial transactions. Olguin ruled...
Jun 5, 2025
Coins
'A Different Era': Bored Ape Creator Yuga Labs Wants to Kill the ApeCoin DAO
The creator of the Bored Ape Yacht Club wants to take control of ApeCoin, after years of distancing itself from the Ethereum token created for its ecosystem. In a new ApeCoin Improvement Proposal idea, Yuga Labs CEO and co-founder Greg Solano (aka Garga) outlined potential plans to disband the ApeCoin DAO, eliminating all governance rights for APE token holders in the process. The idea, which started gaining attention on social media earlier this week, would transition all assets and responsibil...
Apr 29, 2024
Markets
More Than $3 Billion in Tokens Unlock in May—Here’s What to Watch
As the merry month of May starts to peek through the clouds, $3 billion worth of tokens are about to be unlocked across seven different projects, according to TokenUnlocks data. The two largest unlocks will be from DeFi oracle network Pyth and crypto derivatives platform Aevo (formerly Ribbon Finance). Most crypto projects make their total supply of tokens available across days, weeks, months or years. Bitcoin, for instance, currently has 19.7 million of its 21 million total supply in circulatio...
Apr 22, 2024
Markets
Apecoin Rebounds 4.6% Amid NFT Launchpad and DEX Proposal
The Apecoin ecosystem, linked to the Bored Ape Yacht Club (BAYC) NFT collection, has been struggling. Despite recent Bitcoin-led bullish trends in the crypto market, Apecoin ($APE) has failed to regain significant traction, with a 66% price drop in the last 365 days and a 24% decrease in 2024 alone. Compounding this, the price floor of BAYC NFTs has been on a downward spiral since last April, falling from a peak of $369K to its current $38K per token, according to NFT Price Floor. Evolution of t...
Apr 16, 2024
Markets
ApeCoin Nears All-Time Low as Bored Ape Ethereum NFT Prices Plummet
ApeCoin, the Ethereum-based token tied to Yuga Labs’ namesake NFT collection, is firmly in the doldrums alongside its Ape-themed analogs following a tumultuous week for the broader crypto markets. The token has slipped 30% over the past seven days amid market turbulence sparked by growing geopolitical tensions in the Middle East. Extending losses over the past year, the price of ApeCoin has plummeted 74% since this time last April to a current price of $1.19, according to CoinGecko. ApeCoin’s br...
Jan 17, 2024
Markets
ApeCoin Jumps 10% Following 'Dookey Dash' Free-to-Play Announcement
ApeCoin, the token of Yuga Labs' Bored Ape Yacht Club ecosystem, jumped over 10% Wednesday on news that the BAYC-themed game Dookey Dash is launching a new free-to-play edition. Per data from CoinGecko, ApeCoin is currently trading at $1.58, up 10.1% in the past day and 17.9% on the week. The token's price bump follows the announcement that endless runner title Dookey Dash will launch a new "Unclogged" edition with public access; the game was previously limited to holders of Bored Ape Yacht Club...
Aug 1, 2023
Coins
ApeCoin Price Sinks to All-Time Low as Bored Ape NFTs Dip Again
ApeCoin, the Ethereum-based token set to power Yuga Labs’ ambitious Otherside metaverse game and other apps, slipped to an all-time low on Tuesday as the firm’s “blue chip” Bored Ape Yacht Club NFT collection faced renewed pressure as well. Known for its link to the valuable Bored Ape profile pictures (PFPs), ApeCoin fell as low as $1.77 late Monday and into early Tuesday, according to CoinGecko. As of this writing, the token had rebounded to $1.84—but it was still down 1% over the past day and...
Jul 10, 2023
Coins
ApeCoin Crashes to All-Time Low as Bored Ape Yacht Club NFT Prices Sink
In recent weeks, pressure in the NFT space has weighed on prominent collections of profile pictures (PFPs) like the Bored Ape Yacht Club. And that stress may have spilled over to ApeCoin (APE) too. The crypto token associated with Yuga Labs’ namesake collection of 10,000 Bored Ape NFTs has fallen 15% over the past 14 days, scraping past an all-time low of $1.85 on Friday, according to CoinGecko. As the NFT market struggles to find its footing again, ApeCoin continues to decline. Bored Ape NFTs h...
Jan 2, 2023
Markets
Metaverse Tokens ApeCoin, Axie Infinity Ring in New Year With 6% Surge
The prices of metaverse-related cryptocurrencies including ApeCoin (APE) and Axie Infinity (AXS) have shot up by around 6% in the past 24 hours. Per data from CoinGecko, APE is up 6.3% to $3.88, Axie Infinity's AXS rose 6.9% to $6.41, while The Sandbox's SAND rose 5.2% to around $0.40. Decentraland’s MANA posted more modest gains of 4.4% to reach around $0.31. In contrast, the broader cryptocurrency market cap is only up around 1.6% in the last 24 hours. The news came as APE recently finalized...
Dec 19, 2022
Markets
Metaverse Tokens Flow, Apecoin Plummet Double-Digits Over The Week
It’s been a bearish past week, fueled by the hawkish Fed’s 50 basis point hike, wiping off nearly $62 billion from the cryptocurrency market, per data from Coingecko. Metaverse and NFT-related cryptocurrencies have been no exception. Cryptocurrencies powering the niche, including Flow (FLOW) and Apecoin (APE), have all posted significant double-digit losses over the past week. FLOW, the token powering Flow Blockchain, an NFT-centric blockchain network, has lost 22% of its value over the past wee...
Nov 23, 2022
NFTs
How a Tiny Startup Beat Magic Eden and Rarible to Build ApeCoin’s NFT Marketplace
When the ApeCoin DAO community began chatting about launching a custom marketplace for Bored Ape Yacht Club NFTs this summer, major existing marketplace startups like Magic Eden and Rarible teed up proposals to build feature-rich platforms—with no upfront fee. But when APE token holders cast their votes, it wasn’t either of those well-capitalized, VC-funded firms that won the community’s approval. Instead, it was Snag Solutions—a two-person startup founded this summer by former DoorDash employee...
Nov 3, 2022
NFTs
BAYC Owner Yuga Labs: Metaverse NFT Open Standards Coming ‘Very Soon’
One of the unique selling points of the Web3 metaverse has always been the idea of interoperability; that users can port their NFTs between metaverse platforms. But to date, interoperability between metaverse platforms has been very limited. That could be set to change, with Bored Ape Yacht Club founder Greg Solano, aka Garga, telling Decrypt, “We’re going to be publishing our object standards as they become available; some are coming very soon, and others will be coming over the course of the n...
Sep 23, 2022
Markets
Gaming Tokens GODS, APE Up Double-Digits Over The Week
The past week has been brutal for significant cryptocurrencies, with nearly $80 billion worth of value wiped off the market following the Fed’s 75-basis point hike. But despite bearish price action in the broader crypto market, gaming-related cryptocurrencies Gods Unchained (GODS) and ApeCoin (APE) have posted double-digit gains over the past week. GODS, the token powering popular NFT-powered card game Gods Unchained, has gained more than 20% over the past week and recorded a new monthly high of...
Sep 20, 2022
Markets
ApeCoin Jumps Double-Digits as Staking Program Draws Near
Earlier today, ApeCoin (APE), the token underpinning the Bored Ape Yacht Club ecosystem, posted a new 30-day high of $6.12, per data from CoinMarketCap. At time of publication, APE is changing hands at around $5.90, up 13% on the day, with a 33% surge in trading volume over the past 24 hours. The total number of unique wallet addresses holding APE has shown a slight growth of 0.008% over the past 24 hours to 90,305, according to data from Etherscan. According to data from Coinglass, ApeCoin fut...
Aug 4, 2022
The Projects
What is Yuga Labs’ Otherside? Inside the Bored Ape Yacht Club Metaverse
Popular non-fungible token (NFT) collection Bored Ape Yacht Club has been seen everywhere from comic books to burger restaurants. Now, it’s branching out into the virtual world, with the launch of Otherside, a metaverse platform from BAYC developers Yuga Labs. What is Bored Ape Yacht Club? Bored Ape Yacht Club (BAYC) is a collection of 10,000 ape-themed NFTs with unique traits and characteristics. Created by Miami-based developers Yuga Labs, BAYC has grown over time into one of the most recogniz...
Jul 30, 2022
NFTs
ApeCoin DAO to Fund Bored Ape News Site for $150,000
While the NFT market at large may be slowing down, a Bored Ape-focused news outlet is getting a big boost thanks to the ApeCoin DAO’s treasury. ApeCoin DAO—a decentralized organization that uses the cryptocurrency ApeCoin as its governance token—has voted in favor of funding the news site The Bored Ape Gazette. The proposal, also known as AIP-70, passed with flying colors. Over 1.1 million ApeCoin tokens voted in favor and 149,000 ApeCoin tokens voted against the Gazette’s proposal to allocate...
Jul 18, 2022
Markets
ApeCoin Surges 22% After Bored Ape Yacht Club Demos Otherside Metaverse
The price of ApeCoin has surged by over 22% in the past 24 hours, after Bored Ape Yacht Club (BAYC) creator Yuga Labs offered a lucky few players a first look at its Otherside metaverse. ApeCoin is currently trading at around $6, after rising by 30% over the past week. ApeCoin’s explosive price movement follows an Otherside tech demo, or “first trip,” last Saturday, in which 4,300 members of the BAYC community who had bought ‘Otherdeeds’ (digital land deeds) were given an exclusive tour of Other...
Jun 9, 2022
Business
Divided ApeCoin Community Narrowly Approves Proposal to Stay on Ethereum
Following a week-long voting period, ApeCoin DAO’s proposal to stay within the Ethereum ecosystem dubbed AIP-41 has been approved by a fine margin. Just over half of all voters supported the proposal, while 46.38% voted against the proposal. A total of 7.1 million ApeCoin (APE) were used in the voting process. Voting results of AIP-41. Source: Snapshot. A day after the proposal was launched, only 9% of the votes were against it. One member, Machi Big Brother (machibigbrother.eth), voted agains...
May 11, 2022
Markets
Not Just Terra: ApeCoin, Avalanche, Solana, Shiba Inu All Down at Least 20% in Crypto Crash
It’s bloodshed pretty much across the board in the crypto market again today, led by Terra (LUNA) and its 97% drop following the collapse of its paired UST stablecoin. No other coin has suffered as much as LUNA, but major coins and tokens like Avalanche, ApeCoin, Solana, Shiba Inu, and Cardano have all seen sizable, double-digit percentage declines over the past day. Avalanche (AVAX) is one of the biggest losers of the day, down 34% to just below $32, per data from CoinMarketCap. It fell even fu...
May 8, 2022
Profiles
You and Whose Army? The Many Maxi Militias of the Crypto World
The cryptocurrency space is divided into dozens of niche subgroups. Every digital asset spawns its own devout community of investors, evangelists, and shills, all working to increase the value of their chosen token and pave the way for mass adoption. When it comes to the large-cap coins and tokens, like Bitcoin, Ethereum, and Chainlink (LINK), communities can grow to such a scale that they use their collective power to mobilize and influence the development and politics of the asset. In the pro...