ApeCoin

ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club NFT project. ApeCoin is an ERC-20 governance token, allowing ApeCoin holders to participate in ApeCoin DAO. As the open-source protocol layer of the ecosystem, ApeCoin will also be used to access games, merchandise, events and services.

ApeCoin is the cryptocurrency of a new DAO (decentralized autonomous organization): ApeCoin DAO. It's the official token of the famous Bored Apes Yacht Club (BAYC) NFT collection. Yuga Labs, the company that owns BAYC, gifted ApeCoin DAO a 1/1 BAYC NFT that grants IP rights.

ApeCoin is not an NFT. It is a fungible ERC-20 (Ethereum blockchain-based) governance and utility token that gives owners a stake in ApeCoin DAO. ApeCoin holders become ApeCoin DAO members.

ApeCoin DAO members will get a say in decisions related to DAO finances, governance, and projects.

Decisions will be carried out by the Ape Foundation, a legal entity formed to steward the DAO. 

The Ape Foundation's board includes: Alexis Ohanian, (Reddit & 776 Fund), Amy Wu (FTX Ventures), Maaria Bajwa (Sound Ventures), & others.

Only 1 billion ApeCoins were minted, and this amount of supply is permanent. 8% were gifted to the individual BAYC founders, 14% to launch contributors, and 16% to Yuga Labs and the Jane Goodall Foundation. The rest goes to BAYC NFT holders and anyone who buys.

Apecoin.com (2022)
CoinDesk (2022)
TechCrunch (2022)
The Verge (2022)


Elon Musk changed his profile picture on Twitter to an image featuring various avatars from the Bored Ape Yacht Club NFT collection.

Elon Musk Twitter profile change briefly sends token of Bored Ape NFT project soaring

The token behind the Bored Ape Yacht Club-inspired DAO, ApeCoin, dropped 13% in 24 hours amid BAYC's record-breaking metaverse land sale.

ApeCoin Plummets Double Digits After Metaverse NFT Land Sale

The Ethereum-based governance token used in the BAYC ecosystem has skyrocketed in value over the last seven days.

Leading NFT Marketplace OpenSea Now Accepting ApeCoin

On April 28, 2022, the crypto asset apecoin tapped an all-time high (ATH) tapping $26.70 per unit and the digital currency has taken the 25th largest market capitalization among 13,371 cryptocurrencies. The same day, the product comparison platform Finder published its prediction report that covers apecoin's market performance and Finder's surveyed panelists predict apecoin will […]

Finder's Experts Predict Apecoin Will End 2022 at $27 per Token, 75% Think APE Is Just ‘Another Memecoin'

The token powering the ApeDAO, ApeCoin, has seen a price spike over the past 24 hours as the community votes on several proposals.

Bored Ape Yacht Club's ApeCoin Soars as Community Mulls DAO Proposals

Bitcoin

Ethereum

A widely-followed crypto analyst is looking at Bitcoin (BTC) against the US Dollar Index (DXY) while waiting for two popular altcoins to drop in price. In a new tweet, Michaël van de Poppe tells his 588,800 followers that BTC needs to break through $40,000 to continue moving up. “To me, this is still the area to break on Bitcoin. […] The post Top Crypto Analyst Dives Into the Bitcoin (BTC) Doldrums, Evaluates ApeCoin (APE) and One Ethereum (ETH) Rival appeared first on The Daily Hodl.

Top Crypto Analyst Dives Into the Bitcoin (BTC) Doldrums, Evaluates ApeCoin (APE) and One Ethereum (ETH) Rival

Solana

A popular analyst is digging into the charts to see if a diverse trio of crypto assets might be primed for rallies. The pseudonymous crypto trader Altcoin Sherpa tells his 174,200 Twitter followers that if Bitcoin (BTC) maintains its trend of higher lows dating back to late February, he believes the leading cryptocurrency can roar […] The post Crypto Trader Predicts Bitcoin (BTC) Rally in Coming Weeks, Says Solana (SOL) and ApeCoin (APE) Ready for Bounce appeared first on The Daily Hodl.

Crypto Trader Predicts Bitcoin (BTC) Rally in Coming Weeks, Says Solana (SOL) and ApeCoin (APE) Ready for Bounce

Among top 100 coins, Secret also gained on news of its upcoming privacy-focused productivity suite.

ApeCoin Becomes Largest Metaverse Token, Surpassing MANA, SAND, AXS

Shiba Inu

Decentraland

The Sandbox

New data shows that the biggest Ethereum (ETH) whales are loading up on meme coin Shiba Inu (SHIB), the new kid on the crypto block ApeCoin (APE) and two metaverse tokens. The latest numbers from WhaleStats reveal the investment behavior of the 100 wealthiest non-exchange Ethereum addresses. The digital asset whale-monitoring website shows that in […] The post Ethereum Whales Stockpiling Dogecoin Competitor Shiba Inu, ApeCoin and Two Additional Altcoins: On-Chain Data appeared first on The Daily Hodl.

Ethereum Whales Stockpiling Dogecoin Competitor Shiba Inu, ApeCoin and Two Additional Altcoins: On-Chain Data

A leading crypto analytics firm says ApeCoin (APE) is flashing a few metrics that indicate it could be nearing the end of its price rally. In a new blog post, Santiment notes that APE currently has fewer active addresses than its previous high. “Active addresses – less than on previous high.” ApeCoin is the altcoin […] The post ApeCoin (APE) Flashing Signs of Bearish Trend Reversal, According to Analytics Firm Santiment appeared first on The Daily Hodl.

ApeCoin (APE) Flashing Signs of Bearish Trend Reversal, According to Analytics Firm Santiment

An altcoin created by the founders of the popular Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection is soaring in anticipation of its related metaverse going live this weekend. Yuga Labs' ApeCoin (APE) initially surged by 50% last Wednesday amid rumors that token holders would receive airdropped plots of metaverse land. It was the […] The post ApeCoin (APE) Surges Over 40% in Just One Week Ahead of New Metaverse Launch appeared first on The Daily Hodl.

ApeCoin (APE) Surges Over 40% in Just One Week Ahead of New Metaverse Launch

During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), has climbed more than 50% against the U.S. dollar. A few days ago, apecoin tapped an all-time high at $17.30 per unit and the crypto asset is now the 32nd largest in terms […]

While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply

A crypto asset created by the founders of the popular Bored Ape Yacht Club (BAYC) non-fungible token (BFT) collection is surging amid rumors that token holders will soon receive airdropped plots of metaverse land. Yuga Labs' ApeCoin (APE) first launched back on March 17th and has already experienced several big rallies as NFT collectors flocked […] The post Ethereum-Based Altcoin Soars 55% As Metaverse Airdrop Rumors Spread appeared first on The Daily Hodl.

Ethereum-Based Altcoin Soars 55% As Metaverse Airdrop Rumors Spread

Aave

APE was up close to 30% on Wednesday, as the recently listed token climbed to its highest point since it began trading on March 17. AAVE also saw a double-digit percentage increase today, whilst ZIL extended recent gains. AAVE AAVE was up by nearly 10% in today's session, as prices rallied for a third consecutive […]

Biggest Movers: APE up Almost 30%, ZIL and AAVE Among Wednesday's Big Gainers

As speculation around the Otherside metaverse project grows, ApeCoin has soared by 37% over the past day, hitting a one-month high.

ApeCoin Hits One Month-High Amid Yuga Labs Metaverse Land Sale Rumors

Shiba Inu and ApeCoin are up around 20% and 10% respectively, despite the wider crypto market slumping.

SHIB, ApeCoin Defy Crypto Market Slump With Double-Digit Gains

A new restaurant called Bored and Hungry, themed after the Bored Ape Yacht Club NFT collection opened on April 9 in Long Beach.

Bored Ape Revolution: Restaurant Will Accept ApeCoin and Ethereum

A closely followed crypto strategist is predicting deep pullbacks for Waves (WAVES), ApeCoin (APE) and one other altcoin as the digital asset market takes a breather. Pseudonymous strategist Altcoin Sherpa tells his 171,500 Twitter followers that he sees custom token and decentralized application creation platform Waves correcting all the way down to $20. “WAVES: Say […] The post Crypto Analyst Warns Deep Corrections in Sight for Waves (WAVES), Apecoin (APE) and One More Altcoin appeared first on The Daily Hodl.

Crypto Analyst Warns Deep Corrections in Sight for Waves (WAVES), Apecoin (APE) and One More Altcoin

The token behind the Bored Ape Yacht Club NFT collection has plunged overnight after the project's Discord channel suffered a phishing scam.

ApeCoin Drops 8% After Bored Ape Yacht Club Discord Suffers Phishing Scam

ApeCoin, an Ethereum (CRYPTO: ETH) token linked to Yuga Labs the creators of the Bored Ape Yacht Club non fungible token, gained a whopping 1,150% in March but was overshadowed by Solana (CRYPTO:

ApeCoin Shot Up By 1,150% In March, Yet This Solana-Based Rival NFT Coin Still Beat Its Gains

ApeCoin (CRYPTO: APE) has re-emerged as the most traded cryptocurrency by the 1,000 biggest Ethereum (CRYPTO: ETH) wallets in the past 24 hours, as at press time late Wednesday.

This Is The Coin Top Ethereum Whales Are Trading The Most Today

Gala

Polygon

Ethereum (ETH) whales are increasing in number and diving into several altcoin projects, according to two on-chain analysis trackers. The analytics firm Santiment is highlighting a major increase in Ethereum holdings among the world's richest crypto wallets. The company says that the number of Ethereum holders with over 10,000 ETH has reached levels not seen […] The post Ethereum Whales Are Jumping Into ApeCoin, a Top Crypto Gaming Project, and Four Additional Altcoins appeared first on The Daily Hodl.

Ethereum Whales Are Jumping Into ApeCoin, a Top Crypto Gaming Project, and Four Additional Altcoins

ApeCoin (CRYPTO: APE) remains the most traded cryptocurrency by the 1,000 biggest Ethereum (CRYPTO: ETH) wallets in the past 24 hours, as of press time late Monday.

ApeCoin's Popularity With Ethereum Whales Continues Unabated

Webull Financial, a commission-free online stock trading platform, has announced the addition of a new cryptocurrency. Today, it listed ApeCoin (CRYPTO: APE) What Happened: Webull is a holistic platform for building and managing wealth.

Webull Adds ApeCoin Trading To Platform: What You Need To Know

Cardano

Zcash

A closely followed crypto analyst and trader is laying out some near-term forecasts for a series of altcoins, including Cardano (ADA). The pseudonymous trader known as Altcoin Sherpa tells his 170,000 Twitter followers that Cardano (ADA) still has some gas left in the tank after its recent surge. According to the trader, at the very […] The post Analyst Says One Ethereum Rival Is Gearing Up for Massive Rally, Updates Forecast on ApeCoin, Cardano and Zcash appeared first on The Daily Hodl.

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