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ApeCoin Price (APE)
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ApeCoin Price Live Data
The live APE price is currently {{current_price}}, {{up_down_24h}} {{price_change_percentage_24h_in_currency}} in the last 24-hours. ApeCoin's 24-hour trading volume is {{total_volume}}. ApeCoin is currently {{market_cap_rank}} by market capitalization, which is calculated by multiplying the current price ({{current_price}}) with the circulating supply ({{circulating_supply}}). The market capitalization for ApeCoin is {{market_cap}}. APE has a circulating supply of {{circulating_supply}} and a max supply of {{max_supply}}. To buy APE at the current rate, visit moonpay/buy/ape.
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About ApeCoin (APE)
ApeCoin (APE) is a cryptocurrency (ERC-20 token) created by the Bored Ape Yacht Club (BAYC) NFT community. It is a governance and utility token that can be used to participate in the ApeCoin DAO, a decentralized autonomous organization (DAO) that governs the APE ecosystem. APE can also be used to purchase goods and services from the BAYC ecosystem.
ApeCoin was launched in March 2022 and was initially airdropped to Bored Ape Yacht Club and Mutant Ape Yacht Club (MAYC) NFT holders.
The ApeCoin DAO is responsible for governing the APE ecosystem. The DAO is made up of ApeCoin holders who can vote on proposals that affect the ecosystem. Proposals can be submitted by anyone, but a majority of APE holders must approve them before they can be implemented.
The APE ecosystem is still in its early stages of development, but is an important asset for BAYC and MAYC holders to participate in the community.
ApeCoin price history
ApeCoin DAO did not launch APE in an ICO, IEO, or IDO. Instead, they airdropped the tokens to BAYC and MAYC holders. Soon after, it began trading on decentralized exchanges (DEXs) at about $7 per APE. Within days after the launch, the price of ApeCoin surged by over 100% to about $14 per token.
It hit an all-time high of $39.40 in March of the same year.
Since then, APE has largely seen a price decline.
How does ApeCoin work?
ApeCoin (APE) is a governance and utility token that powers the ApeCoin DAO and its associated ecosystem. Holding APE is the only criterion to become an ApeCoin DAO member.
ApeCoin can also be used to purchase goods and services within the ApeCoin ecosystem. For example, ApeCoin (APE) can be used to buy tickets to APE-related events or purchase merchandise from ApeCoin-affiliated stores.
ApeCoin is also the native token of Otherside, a metaverse project created by Yuga Labs where users can interact with each other, play games, and create content. Users can spend APE in this virtual world to purchase land, and goods and services in the metaverse.
Who are the founders of ApeCoin?
Contrary to popular belief, ApeCoin (APE) was not launched by Yuga Labs. It was actually launched by ApeCoin DAO, with initial board members consisting of Amy Wu, Reddit co-founder Alexis Ohanian, Maaria Bajwa of Sound Ventures, Animoca Brands’ Yat Siu, and Dean Steinbeck of Horizen Labs.
What is ApeCoin used for?
As the APE ecosystem's governance token, ApeCoin (APE) is used for voting on proposals in the ApeCoin DAO, which decides the direction of the project. It is also used in Otherside, the metaverse created by Yuga Labs.
What makes ApeCoin unique?
ApeCoin is a unique token for a number of reasons. Here are some of the things that make ApeCoin stand out:
Governance: ApeCoin holders can participate in ApeCoin DAO governance by voting on proposals that affect the future of the APE ecosystem. This gives ApeCoin holders a say in how the project is developed and managed.
Utility: ApeCoin (APE) can be used to purchase goods and services within the APE ecosystem. This includes things like tickets to ApeCoin-related events and merchandise from ApeCoin-affiliated stores.
Supply cap: There will only ever be 1 billion ApeCoins minted.
Liquidity: ApeCoin is listed on a number of cryptocurrency exchanges, which makes it easy to buy and sell APE. This gives ApeCoin holders the ability to access their funds and trade them for other assets.
How can I mine or stake ApeCoin?
ApeCoin (APE) tokens cannot be mined. However, you can stake APE to earn rewards. Staking is a process of locking up your ApeCoin tokens in order to secure the network and earn rewards.
To stake ApeCoin you will need to:
Choose a staking provider. There are a number of staking providers that offer ApeCoin staking.
Create an account with the staking provider.
Buy APE via MoonPay
Deposit your ApeCoin tokens into the staking provider's wallet.
Choose a staking plan. There are a number of staking plans available, each with different rewards and lock-up periods.
Confirm the staking transaction.
Earn APE staking rewards
Once you have staked your ApeCoin tokens, you will start earning rewards instantly. The amount of rewards you earn will depend on the staking plan you choose and the amount of ApeCoin you stake.
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More FAQs about ApeCoin (APE)
The price of {{token_name}} is determined by factors such as supply and demand, market sentiment, regulatory developments, and the adoption of blockchain technology. Price fluctuations can also occur in response to large transfers of the asset in a short time period.
The all-time high of APE was $39.40 in March 2022. Interestingly, the all-time low was $1 on the same day.
The total supply of APE tokens is capped at 1 billion. Currently, over {{circulating_supply}} APE are already in circulation.
You can buy ApeCoin directly via MoonPay. MoonPay’s simple widget makes it easy to buy APE instantly with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more payment methods. You can also add funds to your wallet in euros, pounds, or dollars and use your MoonPay Balance to purchase crypto like ApeCoin (APE). Make your transactions smoother and more affordable, all with higher approval rates.
