A meme coin for crypto enthusiasts. APE Coin, a BEP-20 token (or an ERC-20 token), is linked to the Bored Ape Yacht Club and the Yuga Labs creators. It is amazing how similar they are! ApeCoin claims it is a product of ApeCoin DAO. It also claims that you can enroll at DAO by holding an ApeCoin. The Ethereum Blockchain is the basis of the coin.
ApeCoin is a digital currency that allows users to buy and sell goods and services online. It is similar to Bitcoin but has some added features, including faster transaction speeds and a lower transaction fee. ApeCoin can be stored in a digital wallet, just like Bitcoin. There are a number of different digital wallets available, so you will need to do some research before choosing one. Make sure the wallet you choose is reputable and has a good security reputation. Once you have chosen a wallet, you will need to set up a username and password. Be sure to store this information in a safe place. Next, you will need to purchase some ApeCoin. You can do this through an online exchange or from another user. Once you have acquired some ApeCoin, it is important to store it in a safe place.
ApeCoin Token’s current supply is 1 billion tokens. Unlike other popular cryptos such as BTC, the entire token will be issued at once. The ApeCoin ecosystem will receive 62 percent of this token. 150 million coins will be airdropped. The DAO Treasury is allocated 470 million tokens. 16.5% of the token will be allocated to Yuga Labs or charity, which is equivalent to 10,000,000 coins per donation. The launch contributors receive 14 percent. The remaining 8 percent, which amounts to 80 million tokens is dedicated to the launch contributors.
ApeCoin is a new meme coin that was created on December 2, 2017. The coin is based on the Litecoin codebase and uses the Scrypt mining algorithm. ApeCoin has a maximum supply of 84 million coins and a block time of 1 minute. The coin is currently trading on the Cryptopia exchange.
The Yuga Labs also revealed a Metaverse-based game called the “Otherside”. APECoin and BAYC are both trending in, and APEnomics will take the mere verse with an earthquake-like prolly Dogecoin did some time back. The coin is still in its development stage, so it remains to be seen how it performs against volatile market conditions since the Russian invasion.
ApeCoin also launched $MFRM (or the Monkey Firm), a new marketplace to trade NFTs.