Current ApeCoin (APE) Market Overview
- Real-time Price: $0.6027
- 24-Hour Trading Volume: $22,861,589
Price Change:
- -0.15% (24h)
- -2.61% (7d)
- Market Cap: $453,595,610 (Rank: #101)
Supply:
- Circulating: 752,651,515 APE
- Max: 1,000,000,000 APE
Price Context:
- ApeCoin is 97.76% below its all-time high.
- 66.87% above its all-time low.
👉 Track APE’s live price movements
What Is ApeCoin (APE)?
ApeCoin (APE) is the native token of the Bored Ape Yacht Club (BAYC) ecosystem, an influential NFT project backed by celebrities like Post Malone. Built on Ethereum’s ERC-20 standard, APE facilitates decentralized governance, NFT marketplace transactions, and ecosystem incentives.
Key Features:
- Governance: APE holders vote via the ApeCoin DAO on ecosystem funds, partnerships, and policies.
- Utility: Used for in-game purchases (e.g., Benji Bananas), exclusive event access, and NFT trading.
- NFT Marketplace: Launched November 2022, supporting Yuga Labs collections (BAYC, Mutant Apes).
APE Use Cases
| Use Case | Description |
|----------|------------|
| Incentives | Rewards for developers/gamers (e.g., play-to-earn games). |
| Access | Grants entry to events, merch, and VIP experiences. |
| Payments | Currency for ecosystem services and NFTs. |
| Governance | DAO voting for protocol upgrades. |
👉 Explore APE’s governance dashboard
Who Created ApeCoin?
- Founder: Yuga Labs (BAYC creators).
- APE Foundation: Oversees DAO decisions, managed by directors like Alexis Ohanian (Reddit) and Amy Wu (FTX).
Tokenomics
- Total Supply: 1B APE
Allocation:
- 62% Ecosystem Fund
- 16% Yuga Labs/Charities
- 14% Contributors
- 8% BAYC Founders
Airdrop: 150M APE distributed to BAYC/Mutant Ape NFT holders (e.g., 10,094 APE per Bored Ape).
FAQs
Q: Where can I buy ApeCoin?
A: APE is available on major exchanges like Binance and Kraken.
Q: What’s APE’s main purpose?
A: Governance, payments, and NFT ecosystem access.
Q: How does APE’s DAO work?
A: Holders propose/vote on initiatives via the APE Improvement Proposal Process.
Data updates in real-time. Always conduct independent research before investing.