Elon Musk, the billionaire Tesla CEO in the process of buying Twitter, appeared to change his profile picture on the social network to a composite image featuring multiple Bored Ape Yacht Club non-fungible tokens (NFTs) on Wednesday.
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The price of apecoin, the token launched by Bored Ape creator Yuga Labs, climbed following the revelation. APE rose 16% to $16.96 over the past hour, according to Coinbase data.
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