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ApeCoin (APE) is a utility token and a meme-based cryptocurrency that was created in 2021. It is built on the Binance Smart Chain (BSC) and is designed to be a community-driven project focused on promoting charitable causes and supporting wildlife conservation efforts.
One unique feature of ApeCoin is its use of NFTs (non-fungible tokens), which are unique digital assets that are stored on the blockchain. ApeCoin has issued a series of NFTs featuring cartoon apes, which can be bought, sold, and traded on various NFT marketplaces. The proceeds from the sale of these NFTs are donated to wildlife conservation organizations.
ApeCoin is also used as a means of payment within the ApeCoin ecosystem. Users can use APE to purchase NFTs, participate in community events, and support charitable causes. The ApeCoin community also hosts regular giveaways and contests to encourage participation and engagement.
To buy ApeCoin, users can first acquire Binance Coin (BNB) or Ethereum (ETH) on a cryptocurrency exchange, and then use those tokens to trade for ApeCoin on a BSC-based decentralized exchange (DEX) such as PancakeSwap.
ApeCoin is a unique and community-driven cryptocurrency that is focused on promoting charitable causes and supporting wildlife conservation efforts through the use of NFTs and other community events. However, it should be noted that investing in ApeCoin or any other cryptocurrency carries significant risks and should be approached with caution.
With a total market cap of over $412 million, ApeCoin is the No. 76 cryptocurrency by market size. The currency symbol for ApeCoin is APE. There will only ever be 1 billion ApeCoin tokens issued. So far 368 million tokens (36.9% of the total supply) have been issued.
We found crypto protocols offering up to 32% APY on ApeCoin deposits (30% APY CeFi, 32% APY DeFi). Check out our ApeCoin staking yields table for further details.
The technical price analysis for ApeCoin below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of ApeCoin.
Currently 57% of users are positive about ApeCoin.
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