ApeCoin (APE) is a cryptocurrency associated with the Bored Ape Yacht Club (BAYC), a well-known collection of non-fungible tokens (NFTs). The BAYC features 10,000 distinct cartoon ape images and gained massive popularity during the 2021 NFT craze, with some of its rare Apes selling for prices in the hundreds of millions of dollars. ApeCoin is intended to fuel the APE ecosystem, serving as a connection between the NFT space and decentralized finance.
ApeCoin is an ERC-20 token operating on the Ethereum blockchain, distributed via a unique airdrop to Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT owners. Holding APE tokens grants access to the Ape decentralized autonomous organization (ApeDAO), allowing holders to participate in decision-making processes. APE serves as a utility token in web3 projects, including online games, metaverse worlds, and decentralized applications, reflecting its versatility and value in the evolving decentralized finance and NFT landscape.
APECOIN has a total supply of 1,000,000,000. The current circulating supply of APECOIN is 604,895,833.
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