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🎓 What is the APE cryptocurrency and its token system

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APE Token – is the currency of the APEcoin.dev ecosystem that supports the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) community, two of the most popular NFTs on the Ethereum blockchain.

Yuga Labs has had a busy year among crypto startups, NFT Bored Apes Yacht Club (BAYC), which launched only in April of last year (2021), but has quickly grown to become the most valuable NFT project by capitalization market.

Yuga Labs wants to publicly isolate itself from the launch of a cryptocurrency, which will instead be issued by an entity called ApeCoin DAO made up of board members associated with the NFT project, but none of whom are Yuga Labs employees or executives. an organization called APE Foundation to manage ApeCoin DAO decisions. Additionally, DAO will carry an official trademark for the BAYC project, which is “brought to you by Yuga Labs” via the 1/1 NFT of the Blue Bored Apes logo.

APE cryptocurrency project

The APECoin ecosystem includes the platforms built around the US dollar cryptocurrency APE: MonkeyFirm is a perpetual interest NFT platform, currently providing token-backed NFTs and BUSTA, which includes decentralized exchanges.

Busta hosts a variety of permanent facility-based assets built for decentralized finance and located on Binance Chain.

The monkey is where these groups start from and always returns. The monkey is essentially a meme symbol, but it is also the core of an ecosystem.

Everything will always benefit Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) holders. Until now, this has been done in the form of exclusive airdrops, bonus rewards, rebuys, and burning all proceeds.

APECoin was originally issued and launched on Uniswap with no presale in July 2020, then moved to Binance Smart Chain in December 2020 to remove gas fees for APEs.

Information about the APE cryptocurrency

  • The total number of APE tokens is 10 million coins.
  • Highest value reached on March 19, 2021, at $2.9127 (at the time of writing)
  • Your smart address on Binance Smart Chain: Here
  • Official website of the APE cryptocurrency: here
  • The official Twitter account: here

How to buy cryptocurrency APE

You can buy APE cryptocurrencies in many places, but the best one is Binance, where there is a high volume of daily transactions.

In case you do not have a Binance account, we recommend you read the following article that shows the steps to sign up with photos.

APE cryptocurrency price

Priced at $0.3983 (at the time of writing)

herecoinmarketcap



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