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How does the investigation of bored ape creator Yuga Labs affect the value of cryptocurrencies?

avatarRahbek WinsteadNov 23, 2021 · 3 years ago1 answers

What impact does the investigation of Yuga Labs, the creator of bored ape, have on the value of cryptocurrencies?

How does the investigation of bored ape creator Yuga Labs affect the value of cryptocurrencies?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    As a representative of BYDFi, I can say that the investigation of Yuga Labs, the creator of bored ape, has no direct impact on the value of cryptocurrencies on our platform. BYDFi is committed to providing a secure and transparent trading environment for cryptocurrencies, and we have strict listing criteria to ensure the quality of projects. While external events can influence market sentiment, it is important to evaluate each project based on its own merits and fundamentals. The investigation of Yuga Labs should be seen as a separate issue and not necessarily reflective of the broader cryptocurrency market.