Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked . Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation . It’s similar to the stock markets’ Free-Float Capitalization. We can also see we had a strong trendline formed which also… Launched in March 2022, APE is a governance and utility token used in the ApeCoin DAO ecosystem, the organization that generates the currency.

On a surface level, ApeCoin is an ERC-20 token that serves as a governance token for the ApeCoin decentralized autonomous organization . ApeCoin, the ApeCoin DAO and Bored Ape NFTs all rely on the Ethereum blockchain for completing transactions, and it is used to help make decisions for the future of the token. Over the past year, Bored Ape Yacht Club has risen drastically in popularity. The project has released non-fungible tokens that are owned by countless celebrities, ranging from celebrities such as Justin Bieber, Post Malone and Neymar Jr. to billionaire investor Mark Cuban. However, the NFTs are extremely expensive, and many smaller investors want a way to invest in the project without paying more than the $150,000 floor price at the time of writing.

What Is The Current Price Of Apecoin In Eur?

Before making financial investment decisions, do consult your financial advisor. In June 2022, the price of an APE unit was approximately 4.54 USD, subject to market variations. Of these, approximately 300 million units are in circulation, or 30% of the maximum supply. The Bored Apes Yacht Club was launched in April 2022 as a collection of unique NFTs. Thanks to the support of such celebrities as Eminem, Steph Curry, and a whole brand of Adidas that used the collectible images for their profiles, the project has quickly gained huge traction.

• No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose.
• Any number of things could affect APE’s value in the future, including changes to regulation, the rate of adoption by retail and institutional investors, and technological developments.
• On a daily timeframe, the APE/USD pair has risen to trade near $5.50, just below a double top resistance level of $5.80.
• These exchanges are well known for their security, low fees and ease of use.

APE is a community-controlled cryptocurrency designed to support what’s next. It will act as a decentralized protocol layer for community-led efforts to advance culture into the metaverse. The ApeCoin price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.

Ape Markets

To ensure fair token distribution, the allocation corresponds with the floor price of NFTs that holders possess. With 15% of all tokens being allocated for this purpose, these tokens can only be claimed only once. Over the last day, ApeCoin has had 0% transparent volume and has been trading on 174 active markets with its highest volume trading pairs being . This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service.

ApeCoin is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries. ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders What is ApeCoin (APE) to participate in ApeCoin DAO. Volume 24h is referring to the total amount of a cryptocurrency traded in the previous 24 hours. Circulating supply shows the number of coins or tokens that have been issued so far.

As the token relies on the Ethereum network, it can be stored on any ETH-compatible wallet such as Metamask or MyEtherWallet. At the time of writing, it is available for purchase on decentralized exchanges Uniswap and SushiSwap as well as on some of the top centralized entities such as Binance, Coinbase, and KuCoin. We also gather additional information from different sources to make sure we cover all necessary data or events. The market capitalization of a cryptocurrency is its current price multiplied by its circulating supply .

Tokenomics

Buy Bitcoin and other cryptocurrencies – the simple, safe, smart way. Highest and lowest price of Apecoin is USD 5.46 and USD 5.3 respectively. The APE exchange rate sometimes moves with or in response to changes in the wider economy.

The top crypto exchanges that have ApeCoin available for trading, ranked by 24h trading volume and the current price. ApeCoin has generally traded in the single digits except for its massive pump leading up to the Otherside NFT sale which was tendered in APE, with a growing market capitalization. However, its fully diluted market cap tends to be https://xcritical.com/ about 3 times greater. Nevertheless, only a fraction of its tokens are even in circulation. It generally ranks in the top 50, so there is certainly room for growth. While ERC-20 governance tokens are fairly common in the crypto space, ApeCoin is hoping to provide extra utility to its users through a couple of unique programs and incentives.

Trending Coins & Tokens

CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. CoinDesk journalists are not allowed to purchase stock outright in DCG. ApeCoin is a fungible governance token built on the Ethereum blockchain.

If you’re looking for a set of practical and insightful crypto market information and data, we have the analytics tools to suit your business needs. ApeCoin DAO exists because decentralized governance is critical to building and managing a globally dispersed community—and therefore critical to the success of the APE ecosystem. The APE Improvement Proposal Process will allow ApeCoin DAO members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond. Built on the Ethereum blockchain, ApeCoin is an ERC-20 token. There are 1 billion tokens in total supply, which were all minted in one go.

Amy Wu, another participant of the ApeCoin Foundation, is the Head of Ventures and Gaming at FTX ventures where she manages its $2 bln venture fund. In the past, she was a partner at Lightspeed Venture Partners where she focused on crypto and game investments. What’s more, she has experience as an executive at a global media company Discovery. ApeCoin Foundation has hired some of the influential people in the crypto industry. Serving as General Partner and Founder at a software venture Seven Seven Six, he also has prior experience in venture investment having founded Initialized, an early-stage venture capital company. Exchange cryptocurrencies in seconds to get the most out of your assets.

What Is Apecoin Ape?

According to the ApeCoin Price Prediction model above, APE’s price in 2027 would be $31.88. According to the ApeCoin Price Prediction model above, APE’s price in 2026 would be $23.79. According to the ApeCoin Price Prediction model above, APE’s price in 2025 would be $17.76.

Apecoin Price

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These tokens are “locked” for the first year, then unlocked gradually over 36 months. Exclusive items, games, services, and even events are reserved for ApeCoin holders. The token is managed by the APE Foundation, which administers the decisions of the ApeCoin DAO .

According to the ApeCoin Price Prediction model above, APE’s price in 2024 would be $13.25. According to the ApeCoin Price Prediction model above, APE’s price in 2023 would be $9.89. At the time of writing, the plan has the support of 93.73% of the votes , while only 58K APE (6.27%) are opposed.

People Also Ask: Other Questions About Apecoin $ape

In terms of market cap, ApeCoin is currently ranked #5 in the DeFi Coins sector, ranked #10 in the Ethereum Tokens sector and ranked #2 in the NFT Tokens sector. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency.

The acronym DAO stands for Decentralized Autonomous Organization. This means that the platform is managed and developed by the user community. It is an organizational model of the decentralized finance movement in which the main idea is the possibility of carrying out transactions without the need for an intermediary. Self-management, transparency and speed in managing crypto assets are the foundations of this organization. Visit our currency converter page to convert APE prices to currencies other than USD. The holders of BAYC NFTs can claim ApeCoins via airdrop on the dedicated page of the project’s website.

This demand caused BAYC to release its own token and and give smaller investors access to invest in its projects. The cryptocurrency market has risen by 4.5% in the past 24 hours, with its total cap reaching $1.012 trillion. This rally ends a largely negative seven days for the market, which fell as low as $939 billion last Thursday, meaning that the present… ApeCoin’s current circulating supply is 306.88M APE out of max supply of 1.00B APE.

In this proposal, the marketplace charge for ETH listings is set at 0.5%, while the fee for APE listings is set at only 0.25%. More value is being provided to the community, and a portion of the fees is being offered back to the people who created it. All previously submitted suggestions were voted on as of press time.

Available supply or circulating supply is the best approximation of coins or tokens in circulation and publicly available. Holders of the NFTs in the Bored Ape Yacht Club metaverse could claim 150 million APE tokens from the ApeCoin site for the first 90 days after launch. Those who held a Bored Ape NFT were entitled to claim 10,094 APE coins. At APE’s April 2022 high of $26.19, that was worth almost $300,000. 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. Benzinga crafted a specific methodology to rank cryptocurrency exchanges and tools.