ApeCoin APE

1. Summary

Ranks

Liquidity

32

Developer

-

Social

98

Momentum (beta)

68

Stack Rank™

-

Price

$0.79 +5.8%

Market Cap

$532.20M (#120)

Supply

627.84M / 1.00B

Tags

Binance Smart Chain Ecosystem NFT Polygon Ecosystem Ethereum Ecosystem Gaming (GameFi) Gaming Utility Token Gaming Governance Token Andreessen Horowitz (a16z) Portfolio

More Metrics

Price
52W High price	$2.92
52W High date	9th Jun 2023 (1 year ago)
All Time High (ATH) Date	28th Apr 2022 (2 years ago)
ATH Price	$26.70
% From ATH	-95.04%
All Time Low (ATL) Date	10th Oct 2023 (9 months ago)
ATL Price	$1.01
% From ATL	31.48%

Supply & Trading Volume
Trading Volume (24h)	$41.11M
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	627.84M

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Description

ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower a decentralized community building at the forefront of web3. This open-source protocol layer serves several purposes:

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ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower a decentralized community building at the forefront of web3. This open-source protocol layer serves several purposes:

Governance

ApeCoin is the ecosystem's governance token, allowing ApeCoin holders to participate in the ApeCoin DAO, which governs how the treasury is spent and votes on proposals for future projects.

Unification of Spend

ApeCoin is the ecosystem's utility token, providing a shared and open currency that can be used without centralized intermediaries for various purposes within the ecosystem.

Access

ApeCoin provides access to exclusive parts of the ecosystem, including games, merchandise, events, and services that are otherwise unavailable.

Incentivization

Third-party developers can use ApeCoin to participate in the ecosystem by incorporating APE into their services, games, and projects, incentivizing their contributions.

ApeCoin was launched in March 2022 and has a total supply of one billion tokens, which are allocated across various stakeholders, including the ApeCoin DAO community, Yuga Labs, launch contributors, and the founders of Yuga Labs and the Bored Ape Yacht Club. The token is designed to be used in a variety of contexts, including governance, purchasing items, and accessing exclusive experiences within the APE ecosystem.

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