Blockchain

Apu Apustaja Memecoin Launches High-Visibility Billboard Campaign in New York City

Phoenix, USA, June 4th, 2024, Chainwire

Apu Apustaja, the memecoin exciting the entire crypto industry, is also a new sensation in the busy streets of New York City, where flashy billboards advertise the project to passersby and onlookers. The famous frog memecoin appears on 13 billboards set at various stops in Manhattan, including one in the bustling Times Square, possibly the best-known intersection in the world with skyrocketing commercial appeal.

New York is one of the biggest economic centers globally. It is home to Wall Street firms, powerful banking institutions, and a well-established crypto community. Advertising within this city marks a notable milestone for Apu Apustaja, broadening its visibility and reach. The delightful meme-inspired coin can now reach a wider audience and onboard new people who are passionate about the project and its future.

The Apu Apustaja billboards in New York are part of the project’s extensive marketing campaign to boost brand awareness and recognition. The team’s marketing efforts include publishing web articles and interacting with its growing community on various channels, including X(Twitter), Telegram, and Instagram. Above all, the team says this is just the beginning of what they have planned for the project’s evolution and its backers.

Since its release, Apu has experienced a series of important developments. For instance, the project listed its token, $APU, on MEXC, Bitget, Bitmart, Gate.io, BingX, CoinEx, and LBank Exchange. It also secured a market maker and passed an audit with Metatrust.

More importantly, the project purchased APU.COM, which will become its official website with an imminent move from the former Apu.community domain. This epic event delighted its loyal supporters, including over 12000 coin holders and 15000 Telegram channel members.

About Apu

The project is inspired by Apu Apustaja, a popular internet meme that translates to “Help Helper” in English and originates from a Finnish imageboard. Its appearance resembles another popular meme, Pepe, which also inspired a renowned memecoin. The two are part of an emerging trend in the memecoin niche, which sees frog-inspired memecoins replacing dog-inspired coins, such as Shiba Inu and Dogecoin.

Apu takes a laidback, humorous approach to crypto. It rose from humble beginnings to internet fame and, now, public advertisements in New York. The team refers to this growing community as “frens”. It pledges its commitment to a fair and transparent evolution for Apu.

The $APU token is currently for sale on Uniswap, where interested buyers can purchase it for ETH simply by connecting their wallets.

If one is in New York, it is essential not to miss the adorable Apu popping up on a commercial billboard nearby.

Users can follow the project and stay up to date with its development at these links: Website | X (Twitter) | Telegram | Instagram

Contact

Jim Jonestown
[email protected]

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Bybit Report Captures Nuanced Sentiment Shifts: Positivity in Derivatives Market Despite Spot Price Decline in Sep.

2024-10-04T14:32:08Z

DUBAI, United Arab Emirates, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with BlockScholes, released a comprehensive report deciphering movements in the derivatives market and painted a positive picture of underlying sentiment. 

The latest data revealed that short-term options have only recently mirrored long-term volatility smiles which have consistently favored out-of-the-money (OTM) calls. Spirit remains high in the derivatives market. This is against the backdrop of the volatility premium created by the upcoming U.S. presidential election for options expiring after Nov. 5, 2024, and the recent decline in spot prices in September. 

Key Highlights:

  • Futures: The surge in trading volume at month-end in Sep mainly concentrated in BTC contracts, and led to a notable decline in open interest as traders opted not to close their positions instead of rolling over. Data showed much lower future activity than that in perpetual swap markets. 
  • Perpetuals: The Sep. wave of contract expirations had less of an impact on perpetual swap contracts. Despite a decline in perpetual open interest at the end of the month, it does not translate to a significant decline, especially given the encouraging level of trading volumes recorded over the last two days of Sep.  
  • Options: The upcoming U.S. election continues to move markets, heavily influencing the BTC options. Longer-term and short-term options before the election displayed different volatility expectations, while actual volatility has reached new lows for the month since the Fed rate cut. 

Tiding over to Oct., the first week of Q4 saw patterns reflecting the shifting sentiment. The nature of BTC spot prices however dictates sentiment is only one driver among many broader macroeconomic factors. 

Download the Full Report

For a comprehensive analysis and in-depth findings, download the full report here.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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Tony Au

Bybit

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