What is Apecoin (APE)?

As per Apecoin (APE) website apecoin.com, ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower decentralized community building at the forefront of web3.

As the open-source protocol layer of the ecosystem, ApeCoin serves several purposes:

Governance: ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO.

Unification of Spend: ApeCoin is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries.

Access: ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services.

Incentivization: ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects.

THE APE FOUNDATION

The APE Foundation is the steward of ApeCoin. It is not an overseer, but the base layer on which ApeCoin holders in the ApeCoin DAO can build.

The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality.

The goal of the APE Foundation is to steward the growth and development of the APE ecosystem in a fair and inclusive way. It utilizes the Ecosystem Fund, which is controlled by a multi-sig wallet, to pay its expenses as directed by the ApeCoin DAO and provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.

Founders and Team of Apecoin (APE)

  • Alexis Ohanian: Co-founder of Reddit; General Partner & Founder of Seven Seven Six
  • Amy Wu: Head of Ventures & Gaming at FTX
  • Maaria Bajwa: Principal at Sound Ventures
  • Yat Siu: Co-founder & Chairman of Animoca Brands
  • Dean Steinbeck: President & General Counsel at Horizen Labs

Where can you buy Apecoin (APE)?

The top cryptocurrency exchanges for buying and trading in Apecoin are currently Binance, By bit, OKX, CoinTiger, Phemex, etc.

Latest News On Apecoin (APE)

  • ApeCoin eyes 250% rally amid ‘bull pennant’ breakout, Robinhood APE listing rumors – cointelegraph.com.
  • SHIB, ApeCoin Defy Crypto Market Slump With Double-Digit Gains – decrypt.com.

Recent Tweets From Apecoin (APE)

Apecoin Tweet

Historical Price Data Of Vechain (VET)

DatePrice
Apr 13, 2022$13.25
Apr 12, 2022$11.62
Apr 11, 2022$10.90
Apr 10, 2022$12.16
Apr 9, 2022$10.98
Apr 8, 2022$10.78

Vechain Price Prediction 2022-2026 | Vechain Latest Price Prediction

Disclaimer: Data collected from different sources available on the internet and crypto experts

Vechain Price Prediction 2022

The price of Vechain will be at its lowest level of $10.00. Vechain prices can reach a maximum of $14.00 and an average price of $12.50 in 2022.

Vechain Price Prediction 2023

The price of Vechain will be at its lowest level of $13.00. Vechain prices can reach a maximum of $17.00 and an average price of $15.50 in 2023.

Vechain Price Prediction 2024

The price of Vechain will be at its lowest level of $16.00. Vechain prices can reach a maximum of $20.00 and an average price of $18.50 in 2024.

Vechain Price Prediction 2025

The price of Vechain will be at its lowest level of $19.00. Vechain prices can reach a maximum of $23.00 and an average price of $21.50 in 2025.

Vechain Price Prediction 2026

The price of Vechain will be at its lowest level of $22.00. Vechain prices can reach a maximum of $26.00 and an average price of $24.50 in 2026.

FAQ

What is Apecoin?

Apecoin (APE) is an ERC-20 governance and utility token used within the Apecoin ecosystem.

What is the symbol of Apecoin?

The symbol of Apecoin is APE.

What is the website URL of Apecoin (APE)?

The website URL of Apecoin is apecoin.com.

What is the rank of Apecoin (APE) on Coinmarketcap?

The rank of Apecoin (APE) on Coinmarketcap is Rank#38.

What is the current price of Apecoin (APE)?

The current price of Apecoin (APE) is $13.10.

Who are the founders of Apecoin (APE)?

ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club.

Where Can You Buy Apecoin (APE)?

The top exchanges from which you can buy Apecoin (APE) are Binance, OKX, CoinTiger, By bit, Phemex, etc.

How Is the ApeCoin Network Secured?

ApeCoin is an ERC-20 token launched on the Ethereum blockchain. As a result, it is secured by Ethereum’s proof-of-work (POW) consensus mechanism.

Is Apecoin (APE) a good investment?

Apecoin (APE) is good for long-term investment but in the short term, it may not generate good returns. (Disclaimer: Please invest at your own risk after doing a study about the coin).

What is the maximum supply of Apecoin (APE)?

As per Coinmarketcap the maximum supply of Apecoin (APE) is 1 billion tokens.

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