eToro lists APE token

eToro lists APE token
фото показано с : invezz.com

2022-3-18 20:24

eToro has just released the ApeCoin (APE) token on its platform. It is available for investing and trading. APE is the token of the APE ecosystem, an Ethereum-based (ETH/USD) NFT collection of cartoon ape avatars.

APE

The news has impacted APE very positively. At the time of writing, it was trading for $8.38 with a 24-hour trading volume of $1.4 billion. ApeCoin gained 737.23% today, but it’s still below its all-time high.

What is ApeCoin?

ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.

ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.

Inspired by BAYC

ApeCoin is a decentralized project inspired by the much-hyped Yuga Labs’ Bored Ape Yacht Club project, which has become the most valuable NFT project by market cap despite only being launched in April of last year. At the moment, the cheapest of the 10,000 apes costs around $240,000 in Ethereum.

Yuga Labs is anticipating a $5 billion valuation according to FX Street. They formed a new partnership for a play-to-earn gaming title built around ApeCoin, which will be used within the burgeoning APE Ecosystem.  

Participants share an open currency

APE will enable token holders to take part in ApeCoin DAO. It will give its participants a shared and open currency that can be used without centralized intermediaries.

62% of all ApeCoin was allocated to the Ecosystem Fund, which will support community-driven initiatives as voted on by ApeCoin DAO members.

ApeCoin also gives access to certain parts of the Ecosystem that are otherwise unavailable, like exclusive games and services. For third-party developers, ApeCoin is a tool to participate in the ecosystem by incorporating ApeCoin into services, games, and other projects.

APE price prediction

According to Wallet Investor, APE can be a bad, high-risk one-year investment option. They expect the price to drop in the future. However, not all analysts share this bearish view.

The post eToro lists APE token appeared first on Invezz.

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APEcoin (APE) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.75
Капитализация $0 Rank 99999
Цена в час новости $ 0.2658 (-100%)

ape token etoro ecosystem trading ethereum-based usd

Источник: invezz.com

ape token → Результатов: 18


The first 24 hours of the ApeCoin DAO

If you’re a Bored Ape Yacht Club NFT holder, you may have cause to celebrate because all holders get access to the new ApeCoin DAO (APE) that launched on Wednesday, 16th March 2022. ApeCoin in the age of Decentralization The token launched on Wednesday the 16th, and the folks at Yuga Labs did not create […] The post The first 24 hours of the ApeCoin DAO appeared first on NFT News Today.

2022-3-18 04:18


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