0-100 APE

100-1k APE

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>100k APE

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ApeCoin

ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club NFT project. ApeCoin is an ERC-20 governance token, allowing ApeCoin holders to participate in ApeCoin DAO. As the open-source protocol layer of the ecosystem, ApeCoin will also be used to access games, merchandise, events and services.

ApeCoin is the cryptocurrency of a new DAO (decentralized autonomous organization): ApeCoin DAO. It's the official token of the famous Bored Apes Yacht Club (BAYC) NFT collection. Yuga Labs, the company that owns BAYC, gifted ApeCoin DAO a 1/1 BAYC NFT that grants IP rights.

ApeCoin is not an NFT. It is a fungible ERC-20 (Ethereum blockchain-based) governance and utility token that gives owners a stake in ApeCoin DAO. ApeCoin holders become ApeCoin DAO members.

ApeCoin DAO members will get a say in decisions related to DAO finances, governance, and projects.

Decisions will be carried out by the Ape Foundation, a legal entity formed to steward the DAO. 

The Ape Foundation's board includes: Alexis Ohanian, (Reddit & 776 Fund), Amy Wu (FTX Ventures), Maaria Bajwa (Sound Ventures), & others.

Only 1 billion ApeCoins were minted, and this amount of supply is permanent. 8% were gifted to the individual BAYC founders, 14% to launch contributors, and 16% to Yuga Labs and the Jane Goodall Foundation. The rest goes to BAYC NFT holders and anyone who buys.

Apecoin.com (2022)
CoinDesk (2022)
TechCrunch (2022)
The Verge (2022)


In the past week, cryptocurrency tokens linked to web3 gaming projects have seen substantial increases in value.

Web3 Gaming Tokens Surge in Value As Sector Gains Interest, Led by Axie Infinity, ApeCoin and Illuvium

In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur's token BLUR, which soared by a significant 72% this past week.

7-Day Crypto Snapshot: BLUR, APE, KLAY, and MINA Lead This Week's Market Rallies

Sushi Swap

A crypto strategist says more rallies are up ahead for prominent decentralized exchange (DEX) Sushi (SUSHI) and Apecoin APE, the digital asset associated with the Bored Ape Yacht Club non-fungible token (NFT) collection.

Much Higher Prices Are in Store for Sushi and Apecoin, Says Top Trader – Here Are His Targets

Ethereum

Bitcoin (CRYPTO: BTC) edged higher, with the cryptocurrency prices trading above the $28,400 level on Thursday. Ethereum (CRYPTO: ETH), however, moved lower, trading below the key $1,600 mark this morning.

Ethereum Falls After Jobless Claims Data; ApeCoin Becomes Top Loser

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $28,400 level on Tuesday. Ethereum (CRYPTO: ETH), also edged higher, but traded below the key $1,600 mark this morning.

Ethereum Edges Higher; Bitcoin SV, ApeCoin Among Top Gainers

Animoca Brands' Forj says it went with ApeCoin because "it has the most collaborative and socially engaged community across Web3."

ApeCoin Community Accelerator Launches From Animoca Brands' Forj

Polygon

Polygon Labs co-founder Sandeep Nailwal proposed the ApeCoin DAO develop a zk-powered Ethereum Layer 2 using Polygon's CDK.

Polygon Labs proposes Layer 2 ‘ApeChain' to power ApeCoin ecosystem

A number of altcoins—including two Bitcoin forks—have faltered as markets sank today.

Bitcoin Forks, Sui, Aptos and Apecoin Hit Hardest as Market Plunges

A proposal seeking to establish a sister DAO and acquire influential NFTs currently has over 70% approval in early ApeCoin DAO voting.

ApeCoin DAO currently voting in favor of sister DAO to acquire influential NFTs

Prices for Bored Ape Yacht Club NFTs stopped slipping lately, but the project's associated Ethereum NFT token ApeCoin is still falling.

ApeCoin Plunges to New Low, Down 42% Over Last Month

Optimism

Optimism, ApeCoin and Aptos are set for the most significant token unlocks in September, worth more than a combined $100 million.

ApeCoin, Aptos and Optimism set for $100 million in token unlocks this month

Bitcoin

Luna Classic (Former Terra)

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $29,100 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, but remained above the $1,800 mark this morning.

Bitcoin Falls Sharply, Terra Classic, ApeCoin Among Top Losers

The Ethereum-based token ApeCoin, which is used in the Otherside metaverse game and other initiatives by Yuga Labs, decreased on Tuesday.

ApeCoin Price Falls, BAYC Sinks After Otherside Metaverse Game Test

Days after Yuga Labs showcased fresh elements of its Otherside metaverse game, the Bored Ape-themed Ethereum token notched a new low.

ApeCoin Price Sinks to All-Time Low as Bored Ape NFTs Dip Again

Dogecoin

Shiba Inu

Crypto analytics platform Santiment says that three memecoins are taking off even as Bitcoin's (BTC) price declines. Santiment says that the market caps are increasing for memecoin projects Dogecoin (DOGE), Shiba Inu (SHIB) and ApeCoin (APE). APE is the digital asset associated with the Bored Ape Yacht Club non-fungible token (NFT) collection.

Memecoin Magic Heating Up As Dogecoin, Shiba Inu and Apecoin Social Buzz Rises, Says Analytics Firm

The Ethereum token linked to Yuga Labs' Bored Ape Yacht Club collection has now fallen nearly 93% from its peak price.

ApeCoin Crashes to All-Time Low as Bored Ape Yacht Club NFT Prices Sink

In the midst of a considerable drop in the base price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club, the related cryptocurrency, apecoin (APE), has likewise suffered due to the bearish trends in that specific market.

BAYC-Centric Apecoin Hits All-Time Low, Suffers 92% Decline From Last Year's Peak

Optimism, Aptos and ApeCoin are set for significant token unlocks this month, releasing more than a combined $100 million worth of tokens.

Optimism, Aptos and ApeCoin set for largest token unlocks in July

The two new members will help the Special Council "administer DAO proposals and serve the vision of the community,"

ApeCoin DAO Votes In Two New Special Council Seats, Replacing Alexis Ohanian and Yat Siu

The decentralized autonomous organization behind ApeCoin, the native currency of the Bored Ape Yacht Club ecosystem, pays each member of its Special Council $20,833 per month.

ApeCoin DAO Special Council Six-Figure Salaries Sparks Tension

The Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.

ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth

Litecoin

Litecoin rose for a third consecutive session on Tuesday, despite cryptocurrency markets mostly falling lower. The global market cap is currently down by 1.28%, as overall market uncertainty remains high. Apecoin also rallied, extending recent gains. Litecoin (LTC) Litecoin (LTC) was once again in the green, as the token rose for a third consecutive session.

Biggest Movers: LTC Hits 2-Week High, as APE Extends Gains

A leading analytics firm says that an Ethereum (ETH)-based altcoin that's flying under the radar could be gearing up for a big surge.

Big Move Imminent for Ethereum-Based Altcoin, According to Analytics Firm Santiment

Novel Labs and Faraway are developing an independent city-building game that gives new life to Yuga Labs' Mutant Ape Yacht Club NFTs.

Mutant Apes Take the Lead in Serum City, an ApeCoin-Powered Ethereum NFT Game

Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices falling below the key $25,000 level on Wednesday. Ethereum (CRYPTO: ETH) also moved lower, falling below the $1,700 mark this morning.

News for ApeCoin Crypto (APE)