Is ApeCoin just another meme coin, or does it hold real value? With a current price of $1.33 USD and a market cap nearing $826 million, ApeCoin has captured the attention of investors and enthusiasts alike. This detailed article will provide you with insights into the live price, marketcap, and how to buy ApeCoin.Â

- ApeCoin lives on the Ethereum network, making it easy to use with other Ethereum stuff.
- It's the main currency for the Bored Ape Yacht Club crowd, used for buying, earning rewards, and voting on decisions.
- ApeCoin started with a giveaway to BAYC and MAYC NFT owners, but you can now buy it on big exchanges like Coinbase.
- xchange. Create an account and deposit money. Then, find ApeCoin and choose how much you want. Store it safely in a wallet.
- Right now, 1 ApeCoin costs about $1.33, with 631 million coins circulating and a total value of around $839 million.
- ApeCoin is cool for the Ape ecosystem, but remember, crypto investments can be risky, so do your research before buying.
What is Apecoin?
ApeCoin is a type of cryptocurrency that exists on the Ethereum network, known as an ERC-20 token.Â
This classification means that ApeCoin adheres to a specific set of standards defined by the Ethereum blockchain, ensuring compatibility and interoperability with various decentralized applications and platforms within the Ethereum ecosystem.
As an ERC-20 token, ApeCoin benefits from the security and robust infrastructure of the Ethereum network, which is one of the most widely used and trusted blockchain platforms in the world.
The primary role of ApeCoin is to serve as the native currency for the Ape ecosystem.
This ecosystem encompasses a wide range of applications, services, and projects that use ApeCoin for various purposes.
Within this ecosystem, ApeCoin facilitates transactions, incentivizes participation, and powers decentralized finance (DeFi) applications.
You can use ApeCoin for trading, staking, and participating in governance decisions, making it a versatile and integral component of the Ape community.
Moreover, ApeCoin's presence on the Ethereum network allows it to interact seamlessly with other ERC-20 tokens and decentralized exchanges (DEXs), enhancing its liquidity and usability.Â
This interoperability ensures that ApeCoin holders can easily exchange their tokens, engage in yield farming, or participate in other DeFi activities without leaving the Ethereum ecosystem.
As a result, ApeCoin not only serves as a medium of exchange but also as a gateway to the broader world of decentralized finance and blockchain technology.
The History of ApeCoin

ApeCoin has a significant origin story tied to two prominent NFT collections: the Bored Ape Yacht Club (BAYC) and the Mutant Ape Yacht Club (MAYC).Â
These collections, known for their unique and highly sought-after digital art pieces, played an important role in the initial distribution of ApeCoin.
The creators of these NFT projects decided to reward their community members by conducting a claimable airdrop of ApeCoin.
This means that owners of Bored Apes and Mutant Apes were given the opportunity to claim ApeCoin tokens for free, based on their ownership of these NFTs.
This method of distribution not only incentivized existing community members but also helped to establish a base of dedicated users for the new cryptocurrency.
However, the accessibility of ApeCoin extends beyond just the BAYC and MAYC NFT holders.
To ensure broader participation and liquidity, ApeCoin was also made available for purchase on several major cryptocurrency exchanges.
Coinbase account holders have direct access to ApeCoin purchases. Coinbase is one of the most popular and widely used crypto trading platforms.
This inclusivity allows a wide range of users, from seasoned crypto enthusiasts to newcomers, to participate in the Ape ecosystem by acquiring ApeCoin.
Also, ApeCoin's presence on multiple crypto exchanges ensures that it is easily accessible to a global audience, further enhancing its reach and adoption.
How to Buy ApeCoin (APE)
Buying ApeCoin (APE) is a straightforward process, especially for those familiar with cryptocurrency exchanges.
Here’s a detailed, easy-to-follow guide to help you purchase ApeCoin:
Choose a Cryptocurrency Exchange
Start by selecting a reputable cryptocurrency exchange that lists ApeCoin (APE).
Popular exchanges such as UEEx, Binance, Coinbase, and Kraken offer ApeCoin. Ensure the exchange you choose supports your region and offers secure trading features.
Create an Account
Once you’ve chosen an exchange, you need to create an account.Â
This process typically involves providing your email address, creating a password, and verifying your identity.
Follow the instructions on the exchange’s website to complete these steps.
Deposit Funds
After setting up your account, deposit funds into it. Most exchanges accept various payment methods. This include bank transfers, credit/debit cards, and other cryptocurrencies.Â
Choose the payment method that suits you best and follow the exchange’s instructions to deposit your funds.
Locate ApeCoin (APE)
With funds in your account, move to the trading section of the exchange. Use the search function to find ApeCoin (APE).
You'll find APE listed with trading pairs like APE/USD, APE/BTC, or APE/ETH. The specific pairs vary by the exchange.
Place an Order
To buy ApeCoin, you’ll need to place an order. You have two primary options: a market order or a limit order.
- A market order buys ApeCoin at the current market price.
- A limit order allows you to set a specific price at which you want to buy ApeCoin.
Choose the type of order that fits your strategy and enter the amount of APE you wish to purchase. Confirm your order to execute the trade.
Store Your ApeCoin Securely
After purchasing ApeCoin, it’s important to store it securely.
While you can leave your APE in the exchange’s wallet, it’s safer to transfer your coins to a personal cryptocurrency wallet.
Hardware wallets, such as Ledger or Trezor, provide enhanced security and are recommended for long-term storage.
Monitor Your Investment
Keep an eye on your ApeCoin investment. Use the tools and resources provided by your exchange or other crypto tracking platforms to monitor price movements and manage your holdings effectively.
You can easily purchase ApeCoin and start participating in the Ape ecosystem by following these steps.
Popular Ape NFTs
Here are the popular Ape NFTs:
Bored Ape Yacht Club (BAYC)

The Bored Ape Yacht Club (BAYC) is a collection of 10,000 unique Bored Ape NFTs on the Ethereum blockchain.Â
Each Bored Ape serves as a membership card to the Yacht Club, offering access to exclusive benefits. The first perk for members is access to THE BATHROOM, a collaborative graffiti board where members can leave their mark.
The club's roadmap, driven by its community, unlocks future areas and additional perks. BAYC has become a significant symbol in Web3 culture, attracting both collectors and investors.
ApeCoin

Apecoin is a cryptocurrency launched by the creators of BAYC and MAYC. ApeCoin serves as the utility token within the Ape ecosystem, allowing holders to vote on governance proposals, access exclusive features, and potentially benefit from future value appreciation.
Nakamigos

Nakamigos, a recent addition to the NFT scene. It has gained attention. It is the most popular NFT on CoinGecko, with 1,234 users actively monitoring its price. Yuga Labs’ Bored Ape Yacht Club (BAYC) follows closely, with 1,076 user watchlists
Mutant Ape Yacht Club (MAYC)

MAYC is a collection of 20,000 mutant apes launched in August 2021. MAYC NFTs were created by allowing BAYC owners to "mutate" their apes using a vial of Mutant Serum, a limited-edition NFT.
MAYC apes inherit some of the traits from their BAYC counterparts but also have new mutations. The cheapest MAYC NFT available for purchase on OpenSea is currently priced at over $30,000.
Conversion of Apecoin to USD
As of the latest update, the conversion rate of ApeCoin (APE) to US Dollars (USD) stands at $1.33 per ApeCoin. This means that for every ApeCoin you own or wish to purchase, its equivalent value in USD is $1.33.
Live Price and MarketCap of ApeCoin

As of the most recent data, the current price of ApeCoin (APE) is approximately $1.33 USD.
This price is the value of one ApeCoin in US Dollars. It is a key metric for traders and investors. They use it to assess the currency's worth in the market.
The 24-hour trading volume for ApeCoin is around $47 million.
In the past 24 hours, various exchanges have traded ApeCoin. The total value of this figure.
A higher trading volume often suggests strong interest and liquidity in the market. It makes it easier for users to buy and sell ApeCoin. This is without big price changes.
ApeCoin's circulating supply is the number of coins currently available and moving in the market. It is 631 million.
This supply figure is important. it influences the general market dynamics, the coin’s scarcity and price stability.
ApeCoin's current price and its supply give it a market capitalization of about $839 million.
Marketcap is a key indicator of a cryptocurrency’s value and market presence. Multiplying the price by the circulating supply calculates it.Â
Conclusion
ApeCoin has established a distinct position for itself in the cryptocurrency market.
It connects to the popular Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections. This fosters a strong sense of community and usefulness.
ApeCoin provides an attractive entry point into the Ape ecosystem. Regardless of your level of interest in cryptocurrencies or NFT collecting.
But, research is key. You need to grasp the inherent volatility. This is true of any cryptocurrency investment.
FAQs
ApeCoin is an ERC-20 token associated with the Bored Ape Yacht Club (BAYC) NFT collection. It serves as the utility token within the APE ecosystem.
ApeCoin was first distributed via an airdrop. Owners of Bored Ape Yacht Club and Mutant Ape Yacht Club received it. You can also buy it on various cryptocurrency exchanges.
As of now, 1 ApeCoin (APE) is approximately $1.33 USD.
You get governance rights in the Ape ecosystem (voting on proposals). You also get access to exclusive features and experiences in the Ape ecosystem. And, the potential for future value growth.
For real-time news, check reliable platforms like UEEx, CoinMarketCap or CoinGecko.
Cryptocurrency investments are subject to market volatility. Do your research and consider your risk tolerance before investing.