What is Ape Coin? Comment - Coinleaks
Current Date:September 21, 2024

What is Ape Coin? Comment

Ape Coin (APE) is a utility token owned by the ApeCoin community. Analysis forecasts of Ape Coin for the coming years, which attracts attention.

What is Ape Coin?

Ape Coin (APE) is a utility token from the Ape Coin community known for its NFT portfolio. It is based on ERC-20. Ape Coin was released by Yuga Labs on March 17, 2022. Managed by DAO, Ape Coin is decentralized and backed by the APE Foundation. The APE ecosystem includes the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) community, some of the most popular NFT collections on the Ethereum blockchain.

Ape Coin holders can trade on major exchanges. Also, like BAYC, Yuga Labs can buy NFT collections. Ape Coin cannot be mined.

Ape Coin is the management token and allows token holders to participate in the Ape Coin DAO. It gives its participants a common and open currency that can be used without intermediaries. Ape Coin is an Ethereum-based ERC-20 token. For this reason, it is secured by consensus.

With the widespread use of Ape Coins, Snoop Dogg and Wiz Khalifa have released an NFT music album that can be purchased with APE. TIME magazine has announced that it will begin accepting subscriptions paid with APE.

Ape Coin Review 2022-2023-2024

The open currency that is the management token of the APE ecosystem and allows its holders to participate in the DAO is Ape Coin. Launched in March 2022, Ape Coin has attracted the attention of many. Ape Coin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. The aim is to provide an infrastructure for Ape Coin holders to collaborate through open and permissionless governance processes and build the APE ecosystem in a fair and inclusive way. Although it is considered to be quite young, it is considered as a promising project. According to the analysis, it is thought that Ape Coin will be traded between 4 dollars and 7 dollars for 2022.

Current price of Ape Coin:

At the moment 1 ApeCoin 56.48 TLTL It is traded from. Moreover 1 ApeCoin 3.04 $is dollars.

ApeCoin price in the last 24 hours 4.99%with change now 56.48 TLTLIt is traded from.

ApeCoin volume in the last 24 hours 273,229,484 $dollarand if the market value of the cryptocurrency is 940,741,443 $dollaris.

According to the analysis for 2023, it is estimated that Ape Coin will be traded at a minimum of $29 and a maximum of $33. Its average value is thought to be $29.90 for 2023. According to the analysis for 2024, it is thought that Ape Coin will be traded at an average of $ 43 in 2024.