What exactly is ApeCoin?
ApeCoin is one of the most popular NFT brands that has recently swept the crypto world.
ApeCoin is a governance and utility token used by the Bored Ape Yacht Club (BAYC) and its affiliated businesses. Because of the tremendous popularity of the BAYC brand, the APE airdrop has been one of the most anticipated in the NFT world. It was distributed via airdrop to members of the Bored Ape Yacht Club and Mutant Ape Yacht Club. Holders of the Bored Ape Kennel Club receive some tokens as well.
Although ApeCoin does not yet have a large following, it is endorsed by some major NFT names. Yuga Labs, one of the more well-known brands in the NFT sector, is one of the key institutions associated with ApeCoin. Despite the lack of public support at the moment, APE's future appears bright, considering the popularity of the brand it represents.
OpenSea and APE
ApeCoin's value increased after the NFT marketplace OpenSea announced that it would take APE for at least some NFTs, including Otherdeeds. More ApeCoin use scenarios should increase the coin's value in the long run, hence that's now considered a positive. In the meantime, Yuga Labs has asked the ApeCoin DAO to vote on whether APE should migrate from Ethereum to its own network.
What's new about ApeCoin?
On March 17, APE (APE/USDT) was released in MEXC Exchange Innovation Zone, with an initial price of 1 USDT. The highest APE price was 50 USDT.
ApeCoin is one of the most popular NFT brands that has recently swept the crypto world.
ApeCoin is a governance and utility token used by the Bored Ape Yacht Club (BAYC) and its affiliated businesses. Because of the tremendous popularity of the BAYC brand, the APE airdrop has been one of the most anticipated in the NFT world. It was distributed via airdrop to members of the Bored Ape Yacht Club and Mutant Ape Yacht Club. Holders of the Bored Ape Kennel Club receive some tokens as well.
Although ApeCoin does not yet have a large following, it is endorsed by some major NFT names. Yuga Labs, one of the more well-known brands in the NFT sector, is one of the key institutions associated with ApeCoin. Despite the lack of public support at the moment, APE's future appears bright, considering the popularity of the brand it represents.
OpenSea and APE
ApeCoin's value increased after the NFT marketplace OpenSea announced that it would take APE for at least some NFTs, including Otherdeeds. More ApeCoin use scenarios should increase the coin's value in the long run, hence that's now considered a positive. In the meantime, Yuga Labs has asked the ApeCoin DAO to vote on whether APE should migrate from Ethereum to its own network.
What's new about ApeCoin?
On March 17, APE (APE/USDT) was released in MEXC Exchange Innovation Zone, with an initial price of 1 USDT. The highest APE price was 50 USDT.
