ApeCoin token holders enjoy certain privileges, including gaining access to exclusive events, services, games, and merchandise in the APE ecosystem. The ApeCoin crypto is also offered as incentives to third-party developers who wish to build new projects and services within the ecosystem. The incentives will encourage more Web 3.0 projects that leverage the APE ecosystem and its native token, further developing the ecosystem and its adoption among users. ApeCoin is the native digital asset of the APE ecosystem, a decentralized project inspired by some of the most popular NFT series such as Bored Ape Yacht Club and Mutant Ape Yacht Club .
Although it is impossible to make an accurate ApeCoin price prediction over any period of time, there is considerable optimism among crypto experts regarding the potential of this crypto asset. A hike to $100 and beyond for the ApeCoin price would require a strong bullish sentiment in the crypto market to support investor interest and trading volume. It has designed the ApeCoin token to be the currency for use within such an ecosystem, which means that APE would be a highly versatile crypto with several use cases. Yuga Labs’ airdrops of APE crypto to BAYC and MAYC NFT holders have ensured that this crypto is held by a very renowned community of crypto investors. It will take a few minutes after the successful execution of your trade for your account to receive the ApeCoin tokens you have bought. Once you receive them, you can choose to hold them in your KuCoin account or you can send them to your external wallet for more secure, long-term holding.
As more projects launch and onboard more users, the ApeCoin price could increase, supporting its ascent towards the key $100 level and beyond. In March 2022 when it got listed on leading crypto exchanges and platforms, including KuCoin, for trading. While its launch is fairly recent in the crypto market, the digital asset’s origins can be traced back to several years ago as it evolved from the initial creation of BAYC and MAYC NFTs. ApeCoin’s connection with one of the most popular and exclusive NFT collections in the market BAYC makes it a formidable digital asset to monitor and invest in.
Yuga Labs, the creator of the BAYC and MAYC series, has ambitious plans to enter the metaverse and expand its ecosystem beyond art and into gaming, events, and other services. As more decentralized Web 3 apps develop in the APE Ecosystem and start using ApeCoin as their native currency, the demand for the crypto could rise higher. This, in turn, could send the ApeCoin price, market cap, and 24-hour trading volume to new highs, making it an interesting cryptocurrency to invest in. You can also use your existing cryptocurrency holdings to buy ApeCoin on KuCoin. Simply transfer your crypto from your external wallet into your KuCoin trading account to start using it on our platform.
Incentives To Develop Ape Ecosystem
Copy the Ethereum contract details from the ApeCoin page on CoinMarketCap and enter them here. Login to your account and confirm that you are using the Ethereum mainnet network. If you are planning to trade crypto, please consult a financial adviser.
In addition, APE token holders also enjoy voting powers within the ApeCoin DAO, letting you have a say in how the APE Ecosystem evolves and develops in the future. Start your account with KuCoin if you are not already one of our existing users. Do remember to complete all steps for KYC verification as this can unlock all features and services we have to offer. RecentCoin is analytics tool that provide detailed on-chain data about recent deployed coins on popular blockchains such as Binance Smart Chain, Ethereum, Fantom, Avalanche, Polygon and Solana. Price charts, holders, transactions and other detailed coins information. APE is an ERC-20 token released by the ApeCoin DAO that serves as the governance and utility token for the APE ecosystem.
Needs to review the security of your connection before proceeding. Coinpaprika.com needs to review the security of your connection before proceeding. Dappradar.com needs to review the security of your connection before proceeding. You can also choose the duration of the lending – from 7 days, 14 days and 28 days. Check the daily interest rate on offer for each of the durations and review and estimate of the profit you can earn before you confirm the transaction. Including APE within your portfolio will make you part of this exclusive community.
After this period, 4,166,666.67 tokens will be unlocked every month over a period of 36 months. 10,000,000 ApeCoins were also donated to the Jane Goodall Legacy Foundation. ApeCoin’s launch took place on 17 March 2022 after which its distribution What is ApeCoin (APE) started. 62% of all APE tokens have been allocated to the APE Ecosystem Fund. This includes the 150,000,000 tokens allotted to holders of BAYC and MAYC NFTs as well as 470,000,000 tokens allotted to the ApeCoin DAO treasury and resources.
The initial Board gets to serve for a period of six months, following which an annual vote by ApeCoin DAO members will decide on who sits on the APE Foundation Board of the ecosystem. Select the Import Tokens option in your account and choose the ‘Import Custom Token’ option from the list. APE will be visible as a token symbol within your MetaMask account after this. Once you’ve entered the contract details, verify the information and click on ‘Add Custom Token’.
- It will take a few minutes after the successful execution of your trade for your account to receive the ApeCoin tokens you have bought.
- In March 2022 when it got listed on leading crypto exchanges and platforms, including KuCoin, for trading.
- Another key factor that can increase investor confidence in ApeCoin and take APE price towards $100 is the increased interest in the Web 3.0 space.
- You can also use your existing cryptocurrency holdings to buy ApeCoin on KuCoin.
- Yuga Labs’ airdrops of APE crypto to BAYC and MAYC NFT holders have ensured that this crypto is held by a very renowned community of crypto investors.
- ApeCoin is the native digital asset of the APE ecosystem, a decentralized project inspired by some of the most popular NFT series such as Bored Ape Yacht Club and Mutant Ape Yacht Club .
Created by Yuga Labs, the ApeCoin DAO is designed to promote an inclusive development of the overall APE ecosystem. Digitalcoinprice.com needs to review the security of your connection before proceeding. We also gather additional information from different sources to make sure we cover all necessary data or events. Another key factor that can increase investor confidence in ApeCoin and take APE price towards $100 is the increased interest in the Web 3.0 space.
Ape Coin Price Dynamic
Token holders can submit and vote on proposals for the DAO’s Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond. Enter the number of USDT you want to exchange for APE and confirm the number of ApeCoins you can receive and the trading fees you will be charged. Proceed to confirm the buy order after verifying all the details of the trade. 150,000,000 ApeCoin tokens were allotted to Yuga Labs with an initial plan for being locked up for the first 12 months.
The APE token serves as the governance and utility token within the APE ecosystem. It is an ERC-20 token designed on the Ethereum blockchain and serves as an incentive to foster innovation https://xcritical.com/ within the realm of Web 3.0. Сopy Binance-Peg ApeCoin Token contact address and add in your wallet. Select the APE token and enter the number of ApeCoins you wish to lend.