ApeCoin Reaches Self Reported Market Cap of $681.68 Million (APE)
by Danessa Lincoln · The Markets DailyApeCoin (APE) traded down 2.2% against the U.S. dollar during the 1 day period ending at 19:00 PM Eastern on November 4th. One ApeCoin token can now be purchased for approximately $0.91 or 0.00001337 BTC on major exchanges. ApeCoin has a market cap of $681.68 million and approximately $123.44 million worth of ApeCoin was traded on exchanges in the last 24 hours. During the last week, ApeCoin has traded 13.3% lower against the U.S. dollar.
Here’s how similar cryptocurrencies have performed during 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 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.
- 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
- SolvBTC (SOLVBTC) traded down 1.5% against the dollar and now trades at $67,779.74 or 1.00062766 BTC.
- SolvBTC.BBN (SOLVBTC.BB) traded down 1.2% against the dollar and now trades at $67,714.79 or 0.99966882 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
ApeCoin Profile
ApeCoin’s launch date was 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 (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 presently 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 Coinbase, Changelly or GDAX. 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