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ApeCoin <\/strong>(CRYPTO: APE) continues to be the most traded cryptocurrency by the 1,000 biggest Ethereum <\/strong>(CRYPTO: ETH<\/a>) wallets for the fourth straight day.<\/p>\n What Happened:<\/strong> ApeCoin was the most traded token in the past 24 hours, as at press time late Wednesday, according to data<\/a> from cryptocurrency data platform WhaleStats.<\/strong><\/p>\n The token also stood third among the top ten purchased tokens and ranked sixth among the most used smart contracts by the Ethereum whales.<\/p>\n See Also: How To Buy ApeCoin (APE)<\/a><\/em><\/p>\n Why It Matters: <\/strong>Decentralized organization ApeCoinDAO<\/strong> launched<\/a> ApeCoin last week as a token for culture, gaming and commerce to build out Web3 efforts. The token is a decentralized project inspired by Yuga Labs\u2019<\/strong> Bored Ape Yacht Club <\/strong>(BAYC)\u00a0non fungible token (NFT) project.<\/p>\n ApeCoin said Wednesday on Twitter that the first-ever voting is officially open for the ApeCoin DAO members. Each token holder gets to vote on governance and use of the Ecosystem Fund.<\/p>\n The coin also retweeted a post that online gambling company BetOnline <\/strong>now accepts ApeCoin for deposits and withdrawals at its sportsbook and casino.<\/p>\n BetOnline is proud to now accept @ApeCoin<\/a> for deposits and withdrawals at our Sportsbook & Casino!<\/p>\n Make a new deposit this week and we’ll match it by sending up to 10 $APE<\/a> directly to your crypto wallet<\/p>\n Banana betting begins now!<\/p>\n GO https:\/\/t.co\/melLHkK5PJ<\/a> pic.twitter.com\/D4n4jCA18E<\/a><\/p>\n \u2014 BetOnline.ag (@betonline_ag) March 23, 2022<\/a><\/p>\n<\/blockquote>\n Price Action: <\/strong>ApeCoin is up 9.5% during the past 24 hours, trading at $13.72 at press time.<\/p>\n\n