ApeCoin (APE) price has declined today.

ApeCoin (APE) is priced at $1.22 today, with a 24-hour trading volume of $40,392,831.30. It is reflecting a 3.49% decline over the last 24 hours and a 5.79% increase over the past 7 days. With a circulating supply of 605 Million APE, ApeCoin’s current market cap is at $740,219,260.69.

Exploring the ApeCoin Universe

ApeCoin is a kind of digital money on the APE Ecosystem. It’s also a tool that helps ApeCoin holders to vote on how to use the system’s funds.

A group called the APE Foundation helps put these votes into action.

Deciphering the Origins of ApeCoin

ApeCoin came from an idea by Yuga Labs, who started the “Bored Ape Yacht Club.” The APE Foundation backs it up and makes sure everything runs smoothly.

ApeCoin DAO lets all ApeCoin holders have a say in how things are done in the APE Ecosystem.

A group called “the Board” takes care of the day-to-day work and ensures the community’s ideas come to life.

Unlocking the Distinctiveness of ApeCoin

ApeCoin lets holders have a say in the APE Ecosystem and offers a shared currency that’s easy to get without using traditional banks. It dedicated a big part (62%) of its total supply to support community projects.

It also opens up special parts of the ecosystem, like exclusive games and services, and helps outside developers get involved by letting them use ApeCoin in their projects.

ApeCoin DAO members decide how to use certain digital assets, like a unique NFT by Yuga Labs.

ApeCoin’s Circulation Dynamics

ApeCoin has a maximum limit of 1 billion tokens, all created simultaneously. On its first day, March 17, 2022, it released 30.25% of ApeCoin to be used by the public.

At the time of writing, 368 million Apecoins were in circulation.

This amount will slowly grow over four years. However, the number of ApeCoin available will change due to scheduled releases and market changes.

The Network’s Security Mechanisms

ApeCoin uses the Ethereum blockchain, meaning it’s secure thanks to Ethereum’s proven security methods.

Where to Buy Apecoin

You can buy ApeCoin on various online trading platforms like:

• Binance
• Coinbase
• Kraken

Most Used

5.0

Read our review

Tradable Coins

• 600+

Payment Options

• +3

Fees

• 0.1 – 0.5%

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Binance is a great combination of low fees, deep liquidity and multiple cryptocurrencies and trading pairs. We have tested every aspect of it and it STILL holds its reign as the top exchange in the world. In our view, it is the perfect crypto exchange for both newbies and advanced traders alike.

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  Biggest exchange in the world.

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  Industry's lowest trading fees.

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  Advance trading options like leverage trading.

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  600+ crypto options, 150+ for the US.

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  Lucrative on-site staking options.

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  Hiccups in account verification.

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  Less regulated than some competitors.

• 

  The corporate structure is not transparently.

4.3

Read our review

Tradable Coins

• 250+

Payment Options

• +6

Fees

• 1%

Get started

More details

Coinbase is one of the largest crypto exchanges in the world and a widely-used platform for buying, selling, and trading over 200 cryptocurrencies. It offers trading solutions for beginner, advanced, and institutional traders alike. Take a look at what makes it an excellent option for individual traders looking to trade in cryptocurrencies and beyond.

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  A wide-selection of coin offerings.

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  Most secure online crypto platforms.

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  Top-rated mobile app.

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  Easy interface and user-friendly.

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  Expensive and complex fee structure for beginners

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  Higher fees as compared to other cryptocurrency exchanges.

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  Slow customer support.

This includes decentralized exchanges like SushiSwap and also some of the well-known centralized exchanges.

Coinweb’s Crypto Wiki can provide educational resources for those new to cryptocurrencies and interested in purchasing Apecoin.

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