ApeChain: Testnet Launch Set for April 27th by ApeCoin

IconCrypto News Terminal26 Apr, 2024

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ApeChain: Testnet Launch Set for April 27th by ApeCoin

ApeCoin (APE) took to Twitter to announce the upcoming launch of the ApeChain testnet on April 27 at 5 PM KST (Korean Standard Time). This launch follows a successful governance vote by the ApeCoin community, which approved the development of ApeChain on the Arbitrum Orbyt infrastructure. Once deployed, APE is expected to function as a layer-zero omni-chain fungible token (OFT) on ApeChain. Previously on April 25, 2024, ApeCoin (APE) announced its plans to launch the ApeChain testnet within two days of the initial announcement.