Stock Groups

Could ApeCoin be the go-to token of the Metaverse? -Breaking

[ad_1]

Intersection of crypto and culture: Could ApeCoin become the Metaverse’s go-to token?

These sly and funny but dull-looking apes continue to be in the news. Many collectors argue that it’s less about the image, itself, and more about the culture, social capital and wealth the community of owners has gained from Bored Ape Yacht Club (BAYC) that give the collection its value. It is a great way to amass a lot of stuff. $1.42 billion in total volumeThe community was confident that token emission would be realized and delivered on their promises.

ApeCoin (APE), BAYC’s utility and governance token, was approved for claims by Mutant Ape yacht club (MAYC) and BAYC holders. Based on data, almost 99% of the eligible wallets had already claimed their share, and there have been over 132 million tokens valued at $1.8billion. Claimed.

AIP-5 Incentive Distribution. Source: ApeCoin
APE/USDT 4-hour chart. TradingView