ApeCoin is rather new to the crypto market and the information surrounding this amazing project already seems very promising.
ApeCoin is an ERC-20 Token designed for governance and utility. Hosted on the Ethereum blockchain, Apecoin was created and launched by ApeCoin DAO – a decentralized autonomous organization with the sole goal of growing the coin in the coming years.
Brief summary of the coin:
- Created by ApeCoin DAO – not by Yuga Labs.
- Acts as the ‘official’ token of the Bored Ape Yacht Club NFT collection.
- It was distributed to NFT holders as a reward, with the remaining tokens given to the DAO and other launch contributors.
- Began trading on centralized exchanges on March 17th and immediately surged 250%.
ApeCoin Price Prediction 2022
The price of ApeCoin is currently trading around the $13.71, it’s UP 1.35% today and 5.49% in the last 7 days.
ApeCoin is new and the price is still finding its feet and creating structure. 50 USD in 2022?
If APE continues trending in this manner, the coin could easily reach $50 by the end of 2022.
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