"MAKE NFTS FUN AGAIN": Yuga Labs CEO Garga Highlights ApeChain Stats—$2.8M In Volume And 25,000 Transacting Users!

ApeChain is making NFTs fun again, according to a wave of new ApeChain user data from Yuga Labs and Magic Eden!

On Tuesday, Yuga Labs CEO Garga took to Twitter to announce that “Make NFTs Fun Again on ApeChain” is in full swing, with new users bridging their ApeCoins from Ethereum to ApeChain and spending them on JPEGs!

 

“Few days of ApeChain on @MagicEden $2.8m USD traded,” Yuga Labs CEO Garga tweeted along with a userbase growth graph. “25,000 ApeChain sessions on Mint Terminal 50,000 Active Users 25,000 Transacting Users 50% conversion rate on active users becoming transacting users Make NFTs fun again on ApeChain.”

 

 

As the Bored Ape Gazette previously reported, Yuga Labs stealth-launched ApeChain during Night 2 of ApeFest 2024.

“I know a lot of you have been wondering about the future and when they will release ApeChain, Yuga Labs’ Chief Product Officer Michael Figge said during the event's keynote speech. “But I have something to tell you. In the next two mintues, before im done talking, the ApeChain mainnet RPCs are going to come online. The block explorer by etherscan is going to come online.ApeChain dot com, you can visit on your phone, is going to come online. There you can browser all of the Apps that are going to be available on ApeChain.A Major Otherside ODK update featuring all of the stuff we showed you tonight is going to be made available to all the builders in the ODK. ApeChain’s mainnet is coming online at ApeFest tonight.”

 

Since ApeChain’s launch, artists have been dropping new collections almost daily via Magic Eden Launchpad, Blever, NFTs2Me, and Puffles, filling marketplaces with new profile photo collections, open editions, and fine art!

Check out the top 10 ApeChain collections by volume since launch below:

 

 

The Bored Ape Gazette will continue tracking ApeChain’s growth and keep you updated on when and how you can join the upcoming mints. Stay tuned for more!