ApeCoin to Launch ApeChain with Camelot as Native DEX Amid $50 Million Trading Volume

ApeCoin is set to launch its own dedicated infrastructure layer, ApeChain, which will power the ApeCoin ecosystem.

Camelot, the largest decentralized exchange (DEX) on Arbitrum with over $23 billion in volume traded, including over $1 billion in the past week, will deploy on ApeChain and serve as its native DEX.

Camelot will provide the Ape ecosystem with robust liquidity infrastructure. ApeCoin currently has a fully diluted valuation (FDV) of $750 million and is experiencing significant trading volume, with over $50 million traded today alone.

ApeChain aims to become a hub for memecoins, leveraging ApeCoin as a primary asset for new projects.

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