Airdropped to Bored Ape and Mutant Ape NFT holders on March 16, APE will serve as a governance token for the project’s newly-launched ApeCoin decentralized autonomous organization (DAO). The token will allow holders to vote on the project’s roadmap and upcoming proposals.
Since the token’s launch, price action has been volatile, with APE swinging from $39.4 to $1 before finding a range roughly between $14 and $16.
Today’s events have, however, added still more volatility to the mix.
The 8% drop was accelerated by reports that BAYC’s Discord channel had been comprised by a phishing attack in the early hours of Friday morning.
The project’s Twitter account told users to “not mint anything from any Discord right now. A webhook in our Discord was briefly compromised.”
STAY SAFE. Do not mint anything from any Discord right now. A webhook in our Discord was briefly compromised. We caught it immediately but please know: we are not doing any April Fools stealth mints / airdrops etc. Other Discords are also being attacked right now.
According to several reports, clicking the accompanying link would result in losing the holders’ respective NFTs. Security firm Peckshield has confirmed that at least one Mutant APE NFT has been lost due to this specific phishing scam.
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