0-100 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)


Decentraland

Internet Computer

The Sandbox

During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland's MANA and The Sandbox's SAND rising 92-150% against the greenback.

Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland's MANA Leading the Pack

A closely followed crypto trader says Decentraland (MANA), ApeCoin (APE) and Frax Share (FXS) are setting the stage for big rallies. The pseudonymous trader Cantering Clark tells his 156,700 Twitter followers that the metaverse protocol Decentraland is showing a short bear squeeze, signaling further upside. “GameFi and metaverse pumping.

Top Crypto Strategist Predicts Violent Rallies for Decentraland, ApeCoin and One Additional Altcoin

Metaverse and gaming tokens have started the New Year on a high note, while games giant Square Enix has doubled down on blockchain.

Metaverse Tokens ApeCoin, Axie Infinity Ring in New Year With 6% Surge

Despite several bullish metrics in the NFT market, metaverse tokens, like the rest of the industry, still can't shake the Fed.

Metaverse Tokens Flow, Apecoin Plummet Double-Digits Over The Week

PRESS RELEASE. INTERNET CITY, DUBAI, Dec 16, 2022 – LBank Exchange, a global digital asset trading platform, has recently launched ApeCoin (APE) staking in its “Earn” – “Flexible” section, users will be able to earn APE token with an annual return of 175% (floating adjustment), and withdraw anytime without locking.

Earn 175% APR Through ApeCoin (APE) Staking on LBank Exchange

ApeCoin (CRYPTO: APE), the native token behind the Yuga Labs ecosystem is up 5% in the last 24 hours, becoming one of the top gainers of the day. What Happened: The surge came as the Ape Foundation on Tuesday started permitting investors to stake their APE, and more than $30 million worth of the tokens were deposited into its contract.

ApeCoin Surges 5%, Defying US Restrictions On Staking

APE staking rewards are coming soon, and the price is rising as token and NFT holders prepare to start earning.

ApeCoin Up 6% as Holders Stake $32M in Ethereum Bored Ape Token

Some Bored Ape holders are losing their staked ApeCoin tokens because they failed to delist their paired NFTs. The post Apecoin holders are losing their staked tokens when paired Bored Apes get sold appeared first on The Block.

Apecoin holders are losing their staked tokens when paired Bored Apes get sold

Litecoin

A popular crypto strategist says Litecoin (LTC), Apecoin (APE) and SushiSwap (SUSHI) appear ready to rally against the bear market. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that the three digital assets are the most likely to show upward price action.

Litecoin (LTC), Apecoin (APE) and One DeFi Altcoin Looking Ripe for Rallies, According to Popular Crypto Analyst

The Ethereum-based token is surging following the release of final staking details and the official ApeCoin NFT marketplace rollout.

ApeCoin Up 31% as Staking Nears, Bored Ape NFT Prices Rebound

Launched today, the official marketplace offers lower trading fees than most NFT platforms, plus other Bored Ape-centric perks.

How a Tiny Startup Beat Magic Eden and Rarible to Build ApeCoin's NFT Marketplace

ApeCoin DAO is getting a new NFT marketplace that will sell Bored Ape Yacht Club, Mutant Ape Yacht Club, Bored Ape Kennel Club and Otherdeed NFTs. The post ApeCoin DAO to launch bespoke NFT marketplace for Apes and Otherdeeds appeared first on The Block.

ApeCoin DAO to launch bespoke NFT marketplace for Apes and Otherdeeds

In a bid to prevent hacks on its upcoming token staking mechanism, the ApeCoin (CRYPTO: APE) decentralized autonomous organization (DAO) has authorized a $4.4 million bug bounty program. The Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections from Yuga Labs use the Apecoin token within the ecosystem, which is managed by the ApeCoin DAO.

Here's How Much ApeCoin DAO Will Pay For Identifying Bugs

The ApeCoin DAO has voted to approve a $4.4 million bug bounty program with ethical hacking platform Immunefi. The post ApeCoin DAO approves $4.4 million bug bounty program on Immunefi appeared first on The Block.

ApeCoin DAO approves $4.4 million bug bounty program on Immunefi

Popular gaming and NFT-centric cryptocurrencies, including Axie Infinity, have been battered amid the ongoing bear market.

Gaming Tokens in Axie Infinity, Chiliz, and Apecoin Hit by Bearish Week

ApeCoin DAO is discussing whether to push back the launch of NFT and ApeCoin staking in order to allow for a bug bounty program. The post ApeCoin DAO mulls APE staking delay, addition of bug bounty program appeared first on The Block.

ApeCoin DAO mulls APE staking delay, addition of bug bounty program

Some APE holders are cashing out following word that the SEC is probing Yuga Labs over potential securities violations.

ApeCoin Sinks 10% After Report of SEC Probe Into Bored Apes Creator Yuga Labs

BendDAO is considering a proposal for it to build a platform called BendEarn, which will allow staking of ApeCoin tokens and Yuga Labs NFTs. The post NFT lender BendDAO mulling creation of ApeCoin staking platform appeared first on The Block.

NFT lender BendDAO mulling creation of ApeCoin staking platform

Quick Take ApeCoin aims to fuel innovation at the intersection of culture, gaming, and commerce. Governance is conducted through the synergistic relationship between the ApeCoin DAO and the APE Foundation. Several monumental Ape Improvement Proposals (AIPs) have fundamentally shaped the ecosystem's development.

Unpacking Recent ApeCoin Developments

Bitcoin

Optimism

A widely followed crypto analyst is predicting a massive surge for Ethereum (ETH) competitor XRP while updating his outlook on Bitcoin (BTC) and two other altcoins. Pseudonymous trader Altcoin Sherpa tells his 183,000 Twitter followers that XRP should rise to $0.60 before ultimately shooting up to $0.87. “XRP: Go to $0.60 and then $0.

Crypto Trader Predicts XRP Could Erupt by Over 80%, Updates Outlook on Bitcoin (BTC) and Two Altcoins

Stellar

Apecoin was up by over 13% on Tuesday, despite bearish sentiment remaining largely present in cryptocurrency markets. The token stayed close to a one-month high in today's session, despite current market turbulence. Stellar was also in the green, nearing a four-week peak.

Biggest Movers: APE, XLM Move Close to 1-Month Highs

The coin powering Bored Ape Yacht Club's ecosystem is up over 10% in the last day as its staking program nears its launch.

ApeCoin Jumps Double-Digits as Staking Program Draws Near

The treasury of the ApeCoin DAO is anticipated to release 25 million ApeCoin (CRYPTO: APE) tokens for "launch contributors" on Saturday, which according to the ApeCoin website are "companies and people that helped make this project a reality." Tokens will be allocated to BAYC/MAYC members via the claim page, with approximately $115 million worth of tokens entering the market at the current token price of $4.61, this will increase the number of tokens in circulation by around 8%.

ApeCoin DAO To Release $115M Worth Of Tokens To Contributors

APE is down about 9% today ahead of a significant token unlock for launch contributors—but staking is also on the horizon.

ApeCoin Treasury Set to Unlock 25 Million APE Tokens for Launch Contributors

Over 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.

News for ApeCoin Crypto (APE)