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The cryptocurrency world is full of surprises. The market is truly unprecedented in all shapes and forms and sometimes pushes coins into the center out of nowhere. The aforementioned development happened with Apecoin this week, as the token suddenly skyrocketed to gain mainstream momentum. With Ape touching new price highs, the token is predicted to surge by nearly 238%; here’s when it may touch a new ATH. Also Read: Bitcoin: Here’s What Elon Musk’s Tesla Is Doing With Its BTC ApeCoin Leads Market Gains with Strong 24-Hour Performance Source: Forkast As per Santiment, Apecoin has emerged as the next best-performing coin in the last 24 hours. The token has noted significant whale activity, with two large deposits conducted on Binance and OkEx. The portal shared how nearly $11.8 million worth of Ape was moved into OkEx, followed by another almost $7.7 million worth of Ape being pushed into Binance. “So it’s clear that whales were reacting to the more than 2x price move by Apec...

The much needed upgrade will provide a number of improvements across the network, and come at a time when competition in the Layer 2 space has been heating up. Layer 2 scaling solution Optimism is set to undergo its highly anticipated Bedrock upgrade on June 6. The move is expected to result in significantly reduced transaction fees, provide greater network security and enhanced compatibility with Ethereum. The Optimism team stated via a May 15 Twitter thread that the network will be down for 2-4 hours on June 6 as the upgrade goes through. “On upgrade day, transactions, deposits, and withdrawals will be unavailable for the duration of the downtime, and the OP Mainnet chain will not be progressing,” an accompanying blog post reads. The official date of OP Mainnet’s upgrade to Bedrock has been set: June 6, 2023 at 16:00 UTC! The upgrade will require 2-4 hours of downtime for OP Mainnet. Visit Mission Control for full details on what to expect:https://t.co/o6UjKZaVKy — Optimism ...