BTSE is excited to list ApeCoin (APE), which has been launched in the past 24 hours. Designed for utility and governance, APE is an ERC-20 token native to the APE ecosystem. The ecosystem includes notable NFT communities such as Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).
The project will serve as an open-source protocol layer that aims to build a decentralized community at the forefront of web3. There are plans to grow the token’s utility, including for games and services.
APE’s market cap quickly surpassed $1 billion after the token was launched on March 17, 2022. It currently has a circulating supply of around 116 million tokens out of a total of 1 billion, with a price at $15.25 on March 18, 2022.
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