What does it mean to “ape in” crypto?

At its simplest, to “ape in” crypto means to buy a new blockchain cryptocurrency coin. However, it’s typically used in a derogatory manner to refer to blindly buying without doing a lot of research about the coin. Here’s an example of how it may be used: “I can’t believe they aped into that!

How much is apecoin (ape)?

The current price is $3.85 per APE. ApeCoin is 85.99% below the all time high of $27.51. The current circulating supply is 368,593,750 APE. This content is for informational purposes only. ApeCoin (APE) is an ERC-20 token used within the APE ecosystem.

How many apecoins will be unlocked in 48 months?

Over a period of 48 months, a total of one billion APE coins will be unlocked as a circulating supply. Even more importantly, that one billion is a hard token supply cap. Meaning, further ApeCoins cannot be minted or burned. Consequently, there will never be a situation in which an oversupply of tokens dilutes their value, as with fiat currency.

What is the utility part of apecoin?

The utility part refers to using APE coins for whatever utility new projects demand. For example, ApeCoin will be used for a play-to-earn mobile game, Benji Bananas, owned by nWay. Just as Axie Infinity players earn tokens in tactical arenas, so will they earn APE coins for all upcoming games within the APE ecosystem.