ApeCoin (APE) is an ERC-20 governance and utility token that serves as the backbone of the APE Ecosystem, aiming to empower a decentralized community within the Web3 space. ApeCoin holders participate in the ApeCoin DAO, a decentralized governance framework where they vote on proposals related to the ecosystem’s growth and development. The APE Foundation oversees the implementation of these proposals, acting as the administrative body for the DAO. ApeCoin’s total supply is fixed at 1 billion tokens, all minted at once. The token serves multiple purposes, including governance, access to exclusive features, and incentivizing ecosystem participation.

ApeCoin functions as both a governance and utility token within the APE Ecosystem. Holders can vote on proposals through the ApeCoin DAO, influencing how the ecosystem’s resources are allocated. Beyond governance, ApeCoin acts as a common currency within the ecosystem, enabling transactions without the need for centralized intermediaries. It provides access to exclusive content, such as games, merchandise, events, and services, and is also a tool for third-party developers to integrate into their projects. As an ERC-20 token, ApeCoin operates on the Ethereum blockchain, ensuring compatibility with a wide range of decentralized applications and platforms.

ApeCoin is designed to be a decentralized protocol layer supporting community-led initiatives within the APE Ecosystem and the broader metaverse. It grants holders access to exclusive games, virtual experiences, and services that are otherwise restricted. Third-party developers can integrate ApeCoin into their own games, services, or projects, expanding the token’s utility beyond its native ecosystem. Additionally, ApeCoin holders can participate in governance decisions through the ApeCoin DAO, influencing how ecosystem funds are used to foster innovation and growth within the Web3 and metaverse spaces.

ApeCoin was created as a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club (BAYC), a prominent NFT collection. The APE Ecosystem, supported by the APE Foundation, was developed to foster a community-driven governance model through the ApeCoin DAO. Yuga Labs gifted a unique 1-of-1 NFT to the APE Foundation, transferring all rights and privileges associated with it. ApeCoin DAO members collectively decide how this intellectual property is utilized. ApeCoin was launched with a fixed supply of 1 billion tokens, all minted at once, cementing its role as both a governance and utility token within the evolving APE Ecosystem.

We update our ApeCoin to CAD currency in real-time. Get the live price of ApeCoin on Coinbase.

The current market cap of ApeCoin is CA$202.633M. A high market cap implies that the asset is highly valued by the market.

The all-time high of ApeCoin is CA$38.37. This all-time high is highest price paid for ApeCoin since it was launched.

Over the last 24 hours, the trading volume of ApeCoin is CA$36.925M.

Assets that have a similar market cap to ApeCoin include Defi App, ZKsync, SafePal, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of ApeCoin is 1 billion.

ApeCoin ranks 80 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 94% of Coinbase users are buying ApeCoin. In other words, 94% of Coinbase customers have increased their net position in ApeCoin over the past 24 hours through trading.