What is apecoin Dao?

The ApeCoin DAO is a decentralized autonomous organization (DAO) where ApeCoin holders can use their tokens to determine the future of the Bored Ape Yacht Club metaverse. Holders of ApeCoin can also use the token to buy assets within the ApeCoin metaverse, such as virtual land in Yuga Labs’ NFT world, Otherside.

What is apecoin (ape)?

ApeCoin is a fungible governance token built on the Ethereum blockchain. It trades on major cryptocurrency exchanges, such as Binance, Kraken and FTX. APE was not officially released by Yuga Labs, the company behind the Bored Apes NFTs, but by the Ape Foundation, the steward of the Bored Ape Yacht Club project that oversees the ApeCoin DAO.

What is the trading volume of apecoin (ape)?

The trading volume of ApeCoin (APE) is $48,665,454 in the last 24 hours, representing a -4.10% decrease from one day ago and signalling a recent fall in market activity. What is the all-time high for ApeCoin (APE)? The highest price paid for ApeCoin (APE) is $26.70, which was recorded on Apr 28, 2022 (about 1 year).

What happened to apecoin?

After a month of trading at about $13, APE hit an all-time high price of $26.19 toward the end of April before crashing back down to $13 in May. ApeCoin has a maximum supply of 10 billion tokens. The protocol introduced 30.25% of them into circulation at launch and will add the rest over the following four years.