ApeCoin down 99% from its $39 ATH. Most wrote it off years ago.
Then Yuga Labs just killed the parallel governance structure fully centralizing control under their leadership. No more DAO bureaucracy slowing things down.
Is this bullish or a red flag?
Faster execution, yes. But it also means less community power and more reliance on Yuga actually shipping ApeChain still does barely $145/day in fees.
The real catalyst isn't here yet. It's Otherside actually launching at scale.
Until then? This is a story stock, not a fundamentals play.
$APE
$GMT $CHZ
Then Yuga Labs just killed the parallel governance structure fully centralizing control under their leadership. No more DAO bureaucracy slowing things down.
Is this bullish or a red flag?
Faster execution, yes. But it also means less community power and more reliance on Yuga actually shipping ApeChain still does barely $145/day in fees.
The real catalyst isn't here yet. It's Otherside actually launching at scale.
Until then? This is a story stock, not a fundamentals play.
$APE
$GMT $CHZ