ApeCoin, a memecoin, has experienced significant price increases in the past few days.The official ApeCoin account transferred millions of tokens to prominent accounts.The ApeCoin price has shown upward movements, with a 1.73% increase in the last day and a 96.28% breakout in the past week.The price breakout was attributed to the launch of ApeChain, ApeCoin's Layer 3 mainnet with an Automatic Yield Mode feature.