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ApeCoin (APE) is an ERC-20 token powering the Bored Ape Yacht Club ecosystem. Learn about its governance, token distribution, and utility on ApeChain.
ApeCoin (APE) is an ERC-20 token launched in March 2022 to power the APE ecosystem, which encompasses the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and the Otherside metaverse [1]. Operating on the Ethereum blockchain, the token functions as both a utility currency for transactions and a governance asset within the ApeCoin DAO [1]. It is also the native gas token for ApeChain, where transactions burn gas to create an economically viable loop [2].
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The total supply of ApeCoin is permanently fixed at 1 billion tokens, all minted at once.
ApeCoin is an ERC-20 token launched on the Ethereum blockchain, secured by Ethereum's proof-of-work (POW) consensus mechanism.
The current market cap of ApeCoin is $129,057,205 USD, according to CoinMarketCap.
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The current price of ApeCoin is $0.129057 USD, according to CoinMarketCap.
ApeCoin is used as a governance token, allowing holders to participate in the APE DAO and vote on governance decisions, and also as a utility token for payments and in-game earnings.