The current price of ApeCoin is $1.2790. Since 00:00 UTC, ApeCoin has increased by +8.94%. It currently has a circulating supply of 721,448,863 APE and a maximum supply of 1,000,000,000 APE, giving it a fully diluted market cap of $925.19M. At present, the ApeCoin coin holds the 38 position in market cap rankings. The ApeCoin/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
ApeCoin also incentivizes developers and participants on the network to incorporate it into their games and applications. It can also be used as a cryptocurrency, which serves as a means to transact within the ecosystem. The ApeCoin protocol is the code that runs ApeCoin.
The APE ecosystem comprises three important governance structures: Ape Foundation, ApeCoin DAO, and the ApeCoin DAO board. All three are essential in securing the network and making it open and permissionless. This makes it easier for users to collaborate and develop projects and applications on the open-source network.
ApeCoin price and tokenomics
The total supply of APE tokens is capped at 1 billion. Sixty-two percent of the tokens will be distributed towards the ApeCoin DAO community, with 15% allocated towards BAYC and MAYC NFT holders.
Sixteen percent will be channeled to Yuga Labs, with a portion allocated to primatologist Jane Goodall's charity foundation supporting real-life apes. Fourteen percent will go towards contributors who helped to launch the ApeCoin protocol. The remaining 8 percent will be set aside for the founders of Yuga Labs and BAYC.
Out of those mentioned above, 1 billion tokens, 26 percent, were unlocked immediately, while the others were to be unlocked gradually over 48 months. Additionally, the network has locked the tokens allotted to the launch contributors and the founders for 12 months. Lastly, the network has decided on a no-burn mechanism, securing a fixed supply of 1 billion tokens.
About the founders
Apecoin is a decentralized project based on Yuga Labs' BAYC. Yuga Labs was founded in 2021 by Greg Solano and Wylie Aronow and is behind one of the most prized and popular NFT collections, BAYC, which recently surpassed CryptoPunks.
Yuga Labs also launched Bored Ape Kennel Club (BAKC) and Mutant Ape Yacht Club (MAYC), which began selling for millions of dollars in the secondary markets. The most recent highlight of the company is its acquisition of CryptoPunks and Meebits, two incredibly successful NFT collections in the community.
Yuga Labs also recently announced the launch of Otherside, its new metaverse project that is being built in collaboration with Improbable and Animoca Brands.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 7.2K new posts about ApeCoin, driven by 1.3K contributors, and total online engagement reached 656K social interactions. The sentiment score for ApeCoin currently stands at 84%. Compared to all cryptocurrencies, post volume for ApeCoin currently ranks at 2121. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of ApeCoin.
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Posts
7,230
Contributors
1,268
Interactions
655,922
Sentiment
84%
Volume rank
#2121
X
Posts
7,182
Interactions
652,628
Sentiment
85%
APE FAQ
How much is ApeCoin worth today?
Currently, one ApeCoin is worth $1.2790. For answers and insight into ApeCoin's price action, you're in the right place. Explore the latest ApeCoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as ApeCoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as ApeCoin have been created as well.
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