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ApeCoin (APE) is a cryptocurrency designed to empower the community of the Bored Ape Yacht Club (BAYC) and other projects within the Ape ecosystem. It serves as a utility token, enabling users to participate in governance, access exclusive features, and engage in various decentralized applications.
Axelar (AXL) is a decentralized network that facilitates cross-chain communication and interoperability between various blockchain ecosystems. By providing a secure and efficient way for different blockchains to interact, Axelar aims to enhance the utility of decentralized applications (dApps) and improve the overall user experience in the crypto space.