ApeCoin
About ApeCoin
The price of ApeCoin (APE) is $0.70998627 today, as of Sep 16 08:11 p.m., with a 24-hour trading volume of $83.75M. Over the last 24 hours, the price has decreased by -3.39%. ApeCoin currently has a circulating supply of 674.64M and a market cap of $478.99M.
ApeCoin (APE) is the native currency of the Bored Ape Yacht Club (BAYC) metaverse. While the Bored Ape Yacht Club is a non-fungible token (NFT) collection that comprises 10,000 images of apes, APE is a fungible ERC-20 token with a maximum supply of 10 billion.
APE commenced trading at $7.26 when it launched on March 17, 2022. The next day, it rose to highs of $16.47. 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.
Holders of the NFTs in the Bored Ape Yacht Club metaverse could claim 150 million APE tokens from the ApeCoin site for the first 90 days after launch. Those who held a Bored Ape NFT were entitled to claim 10,094 APE coins. At APE’s April 2022 high of $26.19, that was worth almost $300,000.
Those who held a Mutant Ape, a derivative NFT issued to BAYC holders in 2021, could claim 2,042 APE tokens. Holders of both Bored Ape NFTs and Kennel Club NFTs, another derivative NFT project, could claim 10,950 tokens. Those who held a Mutant Ape NFT and a Kennel Club NFT were entitled to 2,898 tokens.