ApeCoin (APE) is currently priced at $0.60200. Over the past 24 hours, its value has increased by +1.52%. It holds the 80th position in market capitalization rankings, with a live market cap of approximately $481 million. The circulating supply is 799,455,492 APE out of a maximum supply of 1,000,000,000 APE. This page provides real-time updates for the ApeCoin/USD pair.
About ApeCoin (APE)
ApeCoin is an ERC-20 utility and governance token built on the Ethereum blockchain. It serves as the primary currency within the APE ecosystem, which includes NFTs, the Bored Ape Yacht Club (BAYC), and various other applications. Holders of ApeCoin can participate in decentralized governance through the ApeCoin DAO, access exclusive merchandise, services, games, and events.
The token encourages developers and participants to integrate it into games, apps, and other digital experiences. It functions as a medium of exchange within its ecosystem and supports a decentralized, open-source network for collaboration and development.
The APE ecosystem is governed by three key structures: the APE Foundation, the ApeCoin DAO, and the ApeCoin DAO Board. Together, they ensure security, decentralization, and community-led growth.
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ApeCoin Price and Economic Model
The total supply of APE is capped at 1 billion tokens. The distribution is as follows:
- 62% allocated to the ApeCoin DAO community
- 15% allocated to BAYC and MAYC NFT holders
- 16% allocated to Yuga Labs
- 8% allocated to contributors and founders
A portion is also dedicated to charitable initiatives supporting real-world ape conservation efforts.
Of the total supply, 26% was unlocked at launch, with the remaining tokens subject to a 48-month vesting period. Tokens allocated to contributors and founders have a 12-month lock-up period. The project uses a non-burning mechanism, meaning the total supply remains fixed.
Founding Team
ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club. Yuga Labs was founded in 2021 by Greg Solano and Wylie Aronow and is known for popular NFT collections like BAYC, Bored Ape Kennel Club (BAKC), and Mutant Ape Yacht Club (MAYC). The company also acquired CryptoPunks and Meebits, further expanding its influence in the NFT space.
Yuga Labs recently launched Otherside, a metaverse project developed in collaboration with Improbable and Animoca Brands.
ApeCoin Market Performance
- All-Time High: $28.0000 (reached on March 17, 2022)
- All-Time Low: $0.34870 (reached on April 7, 2025)
Market data is updated in real-time to reflect the latest changes.
Frequently Asked Questions
What is the circulating supply of ApeCoin?
The circulating supply is 799,455,492 APE. The maximum supply is 1,000,000,000 APE.
What is the market cap of ApeCoin?
The live market cap is approximately $481 million. The fully diluted market cap would be higher based on the maximum token supply.
Is ApeCoin deflationary?
No, ApeCoin has a fixed supply of 1 billion tokens and does not utilize a token-burning mechanism.
How can I use ApeCoin?
You can use APE for governance voting in the ApeCoin DAO, purchasing exclusive goods and services, participating in games and events, and more.
Where can I track ApeCoin prices?
This page provides real-time charts and price updates. You can also use major cryptocurrency exchanges and tracking platforms for live data.
What is the APE ecosystem?
The ecosystem includes NFTs, decentralized governance, gaming, metaverse applications, and community initiatives supported by the APE Foundation.
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Disclaimer: This content is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments are volatile and risky. Consult a financial advisor before making any investment decisions. Past performance is not indicative of future results.