Yuga will auction its newest NFT on the Bitcoin blockchain. Ape Coin did not, however, react to the news as the price continued to drop. During the early hours of 28 February, Yuga Labs announced that it would be releasing its own NFTs based on Ordinals on the Bitcoin [BTC] blockchain. As a result, there
![ApeCoin [APE] reacts in this manner as Yuga Labs dives into Ordinals](https://images.cryptocompare.com/news/default/ambcrypto.png "ApeCoin [APE] reacts in this manner as Yuga Labs dives into Ordinals")
