ApeCoin/APE#124 24

What is ApeCoin (APE)

The APE ecosystem uses ApeCoin, an ERC-20 governance and utility token. Anyone in ownership of the coin can vote on important governance choices, which are overseen by the Ape DAO.

ApeCoin grants access to exclusive events, games, merchandise, and services. By integrating APE into services, games, and other projects, third-party developers may also take part in the ecosystem. 

The play-to-earn (P2E) mobile game Benji Bananas by Animoca Brands uses the coin as a player reward. While playing, the players can obtain unique tokens that they can exchange for ApeCoin. 

On certain platforms, ApeCoin is also accepted as a means of payment. ApeCoin is accepted as payment for both the well-known NFT marketplace, OpenSea, and the top fashion brand, Gucci at some locations. 

As the DAO's legal representation, the ApeCoin Foundation carries out the community's governance choices. 

The Board, a unique organization inside the Foundation, carries out the community's goals. Five people from the IT and cryptocurrency communities make up the APE Board. Every year, ApeCoin holders cast votes for new board members. 

ApeCoin (APE) crypto coin

One billion ApeCoin tokens are set in total supply. The overall supply won't fluctuate because the contract interface doesn't provide any minting token-burning capabilities. At first, some of the project contributors' tokens were locked.

The Ecosystem Fund, Yuga Labs and Charity, Launch Contributors, and BAYC Founders were the four primary entities to receive ApeCoin. With 150,000,000 tokens going to BAYC/MAYC holders (all unlocked for the claim at launch) and 470,000,000 tokens going to DAO treasury and resources (117,500,000 unlocked at launch, then 7,343,750 unlocked every month for 48 months), Ecosystem Fund was given 62% of the token allocation.

Charity and Yuga Labs received sixteen percent of the token distribution. Yuga Labs received 150,000,000 tokens, which were first locked up for 12 months before being unlocked monthly for 36 months at a rate of 4,166,666.67. The Jane Goodall Legacy Foundation is to get 10,000,000 tokens or an equivalent amount, with a 12-month lock-up period followed by a 36-month unlocking of 277,777.78 tokens each month.

Launch donors received 140,000,000 (14%) tokens, while Yuga Labs' founders received 80,000,000 (8%) tokens. 

APE Price Prediction

As per Coinpedia, the price of ApeCoin for the year 2025 is forecasted to reach a high of $4.09 the potential low would be $1.75 and the average price will be around $2.64.

In the year 2026, the forecast shows that the price will trade in a range of $2.23 and $0.87 with an average price of $1.42

The price of ApeCoin has the potential of a possible uptrend in the year 2027, reaching the highest price of $1.99, and the potential lowest price is projected to be at $0.95 and the average price will be $1.19. 

In 2028, the price will be following its bullish nature with a highest price reaching over $3.25 and a low of $1.61, with an average price of $2.14.

The forecasts for 2029 the price will reach a high of $6.28 and the lowest price of $2.70, with an average price of $3.25.

For the long-term prediction, the price will fluctuate with a high of $3.67 and a low of $2.49 with an average price of $3.07 

Where to buy APE Tokens?

The APE token can be bought from several well-known cryptocurrency exchanges, such as Binance, OKX, and KuCoin. These platforms are well-liked because of their quickness, ease of use, security, and liquidity.

• Popular decentralized exchanges that offer APE token

• Uniswap
• SushiSwap
• PancakeSwap

• Popular centralized exchanges that offer APE token

• Binance
• Coinbase
• oKx
• Kraken

Wallets That Support APE Coin

You can choose from over more than 100+ wallets that offer APE, you can select any of them. For example, we have Phantom Wallet, Sollet Wallet, Solflare Wallet, and Atomic Wallet are a few examples. Your tokens can be safely stored in these wallets; just make sure the wallet you use to store your assets is reliable.