ApeCoin Self Reported Market Capitalization Hits $542.15 Million (APE)

ApeCoin (APE) traded 4.1% lower against the dollar during the 24-hour period ending at 12:00 PM Eastern on October 16th. One ApeCoin token can now be bought for about $0.72 or 0.00001063 BTC on cryptocurrency exchanges. Over the last week, ApeCoin has traded 2.5% lower against the dollar. ApeCoin has a market capitalization of $542.15 million and approximately $55.31 million worth of ApeCoin was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.5% higher against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 1.2% higher against the dollar and now trades at $168.69 or 0.00248971 BTC.

About ApeCoin

ApeCoin launched on March 16th, 2022. ApeCoin’s total supply is 1,000,000,000 tokens and its circulating supply is 752,651,515 tokens. The official website for ApeCoin is apecoin.com. ApeCoin’s official Twitter account is @apecoin and its Facebook page is accessible here.

According to CryptoCompare, “ApeCoin (APE) is an ERC-20 governance and utility token in the APE ecosystem. It has a fixed supply of 1 billion tokens, launched on March 17, 2022. APE is used for governance in the ApeCoin DAO, unifying spending, accessing exclusive ecosystem content, and incentivizing third-party projects. ApeCoin was created by the ApeCoin DAO, with the Ape Foundation managing DAO administration. Yuga Labs, associated with the Bored Ape Yacht Club NFT collection, has ties to ApeCoin but claims no direct responsibility, gifting an NFT and planning to adopt APE as their primary token for new products and services.”

ApeCoin Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as ApeCoin directly using U.S. dollars. Investors seeking to acquire ApeCoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase ApeCoin using one of the aforementioned exchanges.

APE/USD price chart by TradingView