ApeCoin (APE) Reaches Self Reported Market Cap of $121.64 Million

ApeCoin (APE) traded 4.6% higher against the dollar during the twenty-four hour period ending at 8:00 AM E.T. on May 12th. One ApeCoin token can now be purchased for $0.16 or 0.00000200 BTC on popular exchanges. ApeCoin has a market cap of $121.64 million and approximately $32.34 million worth of ApeCoin was traded on exchanges in the last day. During the last seven days, ApeCoin has traded 2.1% lower against the dollar.

Here is how other cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Solstice eUSX (EUSX) traded 0% higher against the dollar and now trades at $1.03 or 0.00001277 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.9% higher against the dollar and now trades at $81,227.89 or 0.99608675 BTC.
• SolvBTC (SOLVBTC) traded 0.3% lower against the dollar and now trades at $80,596.72 or 0.99862920 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About ApeCoin

ApeCoin launched on March 16th, 2022. ApeCoin’s total supply is 1,000,000,000 tokens and its circulating supply is 752,651,515 tokens. ApeCoin’s official Twitter account is @apecoin and its Facebook page is accessible here. The official website for ApeCoin is apecoin.com.

According to CryptoCompare, “ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower decentralized community building at the forefront of web3. The APE Foundation is the steward of ApeCoin. It is the base layer on which ApeCoin holders in the ApeCoin DAO can build. The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO, and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality. The goal of the APE Foundation is to steward the growth and development of the APE ecosystem in a fair and inclusive way. It utilizes the Ecosystem Fund, which is controlled by a multisig wallet, to pay its expenses as directed by the ApeCoin DAO and provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes. Instagram, Reddit”

Buying and Selling ApeCoin

It is usually not possible to purchase alternative cryptocurrencies such as ApeCoin directly using US dollars. Investors seeking to trade ApeCoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ApeCoin using one of the aforementioned exchanges.

APE/USD price chart by TradingView