ApeCoin

• The total supply is capped at 1 billion tokens.

• No mechanism for minting or burning additional tokens.

• Initial distribution: 62% to the ApeCoin DAO community, 16% to Yuga Labs, 14% to launch contributors, 8% to BAYC founders, and 1% to charity.

As of today 07 November 2026, the price of ApeCoin is ₹10.87 INR, with a 24-hour trading volume of ₹69,84,824.61 USD. The market capitalization for ApeCoin is ₹10.55 CrUSD. The circulating supply is 1000000000 ApeCoin, with the total supply also being 1000000000 ApeCoin.

Pros:

• Strong affiliation with BAYC.

• Governance and utility within the APE ecosystem.

• Incentives for third-party developer participation.

Cons:

• High volatility in price.

• Concerns over potential flash loan attacks.

• Exposure to the growing BAYC ecosystem and Web3 space.

• Utility in governance and exclusive access within the ecosystem.

• Close association with BAYC.

• Role as a governance token in the ApeCoin DAO.

• Aims to provide a decentralized governance structure within the BAYC ecosystem for community-led development and decision-making.

• Launched by the APE Foundation.

• BAYC and Yuga Labs were founded by Greg Solano and Wylie Aronow.

• The strategic sale price was $0.18 on March 22, 2022.

• Vulnerability to market manipulation or speculative bubbles.

• Risk of the technology or project failing to gain long-term traction.

• Lack of intrinsic value makes valuation challenging.

The ApeCoin whitepaper outlines the vision and structure of the ApeCoin ecosystem. It introduces ApeCoin as a governance and utility token that is central to the functioning of the ApeCoin DAO and the broader APE ecosystem.

The whitepaper details the tokenomics of ApeCoin, explaining the fixed supply of 1 billion tokens and the distribution among various stakeholders, including the ApeCoin DAO community, Yuga Labs, launch contributors, BAYC founders, and a charity.

The governance model of the ApeCoin DAO is a key focus of the whitepaper. It describes how ApeCoin holders can participate in the DAO by proposing and voting on Ape Improvement Proposals (AIPs), which guide the ecosystem's development. The DAO is designed to operate transparently and democratically, with the APE Foundation serving as the administrative body that implements the decisions of ApeCoin holders.

The whitepaper also emphasizes the utility of ApeCoin within the ecosystem. ApeCoin is intended to be used for transactions, access to exclusive content and events, and as an incentive for third-party developers to build on and integrate with the APE ecosystem.