ApeCoin’s Trading Volume Exceeded $6.7 Billion.
In the last 24 hours, ApeCoin’s trading volume has topped $6.7 billion. It is amazing that launched yesterday the trading volume is not just in Billions of dollars but also only less than USDT, BTC, and ETH. Apecoin trading volume is in front of top coins like Ripple, Cardano, Solana.
According to CMC, in the past 24h, the trading volume of ApeCoin has exceeded $6.7 billion, which is only lower than USDT, BTC and ETH. The trading volume of ApeCoin on Binance has exceeded 1.5 billion US dollars, the highest on the exchanges. pic.twitter.com/wbK4NBVpjG
— Wu Blockchain (@WuBlockchain) March 18, 2022
Users who hold MAYC will be airdropped 2042 APE, while Users who hold BAYC NFT will be airdropped 10094 APE. The APE’s market cap has surpassed 2 billion and is ranked at number 33 according to coinmarketcap.
Due to the withdrawal and transaction of ApeCoin Tokens, Ethereum fees are skyrocketing again. Till now 38 million ApeCoins have been claimed while the total amount of airdrops is 150 million.
Following the announcement of the launch of ApeCoin (APE), a new native cryptocurrency of the APE ecosystem, several leading crypto exchanges have declared that they would list the token. Cryptocurrency exchanges such as Binance, Coinbase, FTX, Huobi, OKX, and Kraken have all announced that the token will be listed on their platform.
Meanwhile, ApeCoin is the native governance token of the APE ecosystem. The same team developed the token that created the Mutant Ape Yacht Club (MAYC) and BAYC non-fungible tokens (NFTs).
As announced by the APE team, 15% of the token will be distributed among holders of BAYC and MAYC. Other distribution models of APE include 47% to the treasury, 16% to the Yuga Labs and charity, 8% to the founders of BAYC and MAYC, and 14% to the launch contributors.
ApeCoin DAO’s council members include FTX’s Amy Wu, Reddit co-founder Alexis Ohanian, Sound Ventures’ Maaria Bajwa, and Animoca’s Yat Siu.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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