ApeCoin (APE)
$0.74
-0.22% (24H)
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ApeCoin APE coin price is $0.74 with a market cap of $502.20 M. ApeCoin Cryptocurrency price is -0.22% down in last 24 hours.
ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower a decentralized community building at the forefront of web3.As the open-source protocol layer of the ecosystem, ApeCoin serves several purposes:Governance - ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO.Unification of Spend - ApeCoin is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries.Access - ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services.Incentivization - ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects.