ApeCoin Reaches Self Reported Market Capitalization of $428.41 Million (APE)

ApeCoin (APE) traded up 10.1% against the US dollar during the twenty-four hour period ending at 23:00 PM E.T. on August 23rd. One ApeCoin token can now be bought for approximately $0.71 or 0.00001108 BTC on cryptocurrency exchanges. ApeCoin has a market capitalization of $428.41 million and approximately $36.60 million worth of ApeCoin was traded on exchanges in the last 24 hours. Over the last week, ApeCoin has traded up 25.6% against the US dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 6.9% higher against the dollar and now trades at $0.0538 or 0.00000083 BTC.

ApeCoin Token Profile

ApeCoin’s genesis date was March 16th, 2022. ApeCoin’s total supply is 1,000,000,000 tokens and its circulating supply is 604,895,833 tokens. The official website for ApeCoin is apecoin.com. ApeCoin’s official Twitter account is @apecoin and its Facebook page is accessible here.

According to CryptoCompare, “ApeCoin (APE) is an ERC-20 governance and utility token in the APE ecosystem. It has a fixed supply of 1 billion tokens, launched on March 17, 2022. APE is used for governance in the ApeCoin DAO, unifying spending, accessing exclusive ecosystem content, and incentivizing third-party projects. ApeCoin was created by the ApeCoin DAO, with the Ape Foundation managing DAO administration. Yuga Labs, associated with the Bored Ape Yacht Club NFT collection, has ties to ApeCoin but claims no direct responsibility, gifting an NFT and planning to adopt APE as their primary token for new products and services.”

Buying and Selling ApeCoin

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

APE/USD price chart by TradingView