ApeCoin (APE) Price Tops $1.27 on Exchanges

ApeCoin (APE) traded down 1.4% against the U.S. dollar during the one day period ending at 7:00 AM E.T. on May 7th. ApeCoin has a total market cap of $768.17 million and approximately $56.56 million worth of ApeCoin was traded on exchanges in the last 24 hours. Over the last week, ApeCoin has traded up 8% against the U.S. dollar. One ApeCoin token can currently be purchased for approximately $1.27 or 0.00001983 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 0.7% against the dollar and now trades at $0.30 or 0.00000469 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.6% lower against the dollar and now trades at $0.0099 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

ApeCoin Profile

ApeCoin was first traded on March 16th, 2022. ApeCoin’s total supply is 1,000,000,000 tokens and its circulating supply is 604,895,833 tokens. ApeCoin’s official website 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.”

Buying and Selling ApeCoin

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

APE/USD price chart by TradingView