ApeCoin (APE) is an Ethereum Blockchain-based token

ApeCoin (APE) is an Ethereum Blockchain-based token|apecoin, blockchain apecoin, based token apecoin, coinmarket apecoin
ApeCoin (APE) is an Ethereum 
Blockchain-based token 


ApeCoin (APE) is an Ethereum Blockchain-based token formed for the purpose of exchanging tools in a new project as well as for governance features. 
Governance features are the ability of token owners to vote to approve or reject an update that occurs on a crypto project. So ApeCoin itself was formed to ensure decentralization occurs in the future when the "APE" community is increasingly innovative. 
Many think that ApeCoin was created by the founder of the Bored Ape Yacht Club project, Yuga Labs. But the reality is not like that, because Yuga Labs is only the inspiration of the real creator of ApeCoin. ApeCoin (APE) was created by the APE Foundation which aims to use ApeCoin (APE) as a DAO or Decentralized Autonomous Organization. Yuga Labs has made it clear that while it is not those who created it, APE will be adopted in the bored Ape Yacht Club community innovation in the future. 
ApeCoin (APE) itself is devoted to transaction and governance tools. In terms of transactions, the more innovative projects from the BAYC or MAYC community, all will use ApeCoin. During this innovation, the innovation uses Web 3.0 technology, later the transaction will use the APE Token. It's Due to the Web 3.0 ecosystem, all moving above the blockchain, so facilitate crypto transactions. In terms of governance, ApeCoin (APE) wants to become a DAO where the future of this project will be determined by the token owner. An example is the decision to allocate token inventory if later there will be a farming feature for this token. 
As of this writing (March 21, 2022), ApeCoin (APE) is currently ranked 478th on Coinmarketcap with a total supply of 1,000,000,000,000 APE and currently stands at 277.5 million APE.