ApeCoin Achieves Self Reported Market Cap of $363.83 Million (APE)

ApeCoin (APE) traded 6.5% lower against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on August 4th. One ApeCoin token can now be bought for about $0.60 or 0.00001021 BTC on popular cryptocurrency exchanges. ApeCoin has a market capitalization of $363.83 million and approximately $49.85 million worth of ApeCoin was traded on exchanges in the last day. Over the last week, ApeCoin has traded down 21.8% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over 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 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 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.
• Lumi Credits (LUMI) traded up 0.9% against the dollar and now trades at $0.0124 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 9.6% against the dollar and now trades at $0.0743 or 0.00000126 BTC.

ApeCoin Token Profile

ApeCoin was first traded on 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 possible to buy alternative cryptocurrencies such as ApeCoin directly using US dollars. Investors seeking to acquire ApeCoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ApeCoin using one of the aforementioned exchanges.

APE/USD price chart by TradingView