Despite several bullish metrics in the NFT market, metaverse tokens, like the rest of the industry, still can’t shake the Fed.

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>"The Bored Ape Gazette will use the $150,000 to create a newsletter, pay freelancers, and revamp its site over the next year."

[https://www.google.com/amp/s/www.coindesk.com/layer2/2022/05/06/while-most-crypto-prices-went-down-smart-money-nft-trades-were-up-nansen-data/%3foutputType=amp](https://www.google.com/amp/s/www.coindesk.com/layer2/2022/05/06/while-most-crypto-prices-went-down-smart-money-nft-trades-were-up-nansen-data/%3foutputType=amp) >"Staked ETH tokens are still showing signs of investor confidence."

Leading NFT Marketplace OpenSea Now Accepting ApeCoin >"OpenSea, the leading NFT marketplace by trading volume, announced that it's now accepting the Bored _...Read More_

>"Apecoin (APE), the token at the core of the Otherside Metaverse of the Bored Ape Yacht Club NFT project, is hitting new milestones _...Read More_

ApeCoin & the death of staking by Cobie

>"As speculation around the Otherside metaverse project grows, ApeCoin has soared by 37% over the past day, hitting a one-month high."

>"Bored & Hungry began slinging burgers and fries on Saturday, with the restaurant accepting Ether and ApeCoin as payment."

"As with the recent ApeCoin scam, the perpetrators are stealing users’ accounts and blasting out a similar NFT token scam."

ApeCoin up 50% this week

>"A trailer posted to social media suggests the [@BoredApeYC](/user/profile/BoredApeYC) metaverse could be a 3D gaming experience powered by Animoca."