Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months
Back in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down more than 81% since that
ApeCoin Community Narrowly Wins Vote to Stay on Ethereum
Source: AdobeStock / cvmcgarryThe majority of apecoin (APE) holders have voted in favor of a proposal that the token remains on the Ethereum (ETH) blockchain despite its high transaction fees.The final results, which come after a six-day voting period that started on June 3, reveal that 53.62% of ApeCoin token holders support remaining
ApeCoin Tokenomics Raises Centralization Questions
With the recent launch of ApeCoin ($APE), questions surrounding its tokenomics have surfaced, leading many to question whether this will truly be a decentralized infrastructure. Last week, Yuga Labs announced ApeCoin, a token that the company says will be used for future gaming and entertainment applications. On its launch Thursday, a total of 1
ApeCoin Soars After Launch, BAYC NFT Prices Pump and Dump
Source: AdobeStock / AscannioThe Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it.At 10:13 UTC on Friday, APE traded at USD 14.61, up 41%