Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months

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 day and despite the fact that 80,744 unique addresses own APE, the top 100 addresses control 51.21% of the circulating supply. While Apecoin’s Price Slips Lower, Concentration of Large APE Holders Remains the Same Just over two months ago, the crypto....


Related News

While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control...

During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), has climbed more than 50% against the U.S. dollar. A few days ago, apecoin tapped an all-time high at $17.30 per unit and the crypto asset is now the 32nd largest in terms of market capitalization among 13,691 other cryptocurrencies. Data also shows out of the 48,570 APE holders, there’s a large concentration of apecoin whales. A Large Concentration of Apecoin Whales The BAYC-infused apecoin (APE) has been a popular crypto project ever....

Bored Ape NFT holders to receive ApeCoin: ‘The Dogecoin of NFTs’

ApeCoin will be distributed among owners of BAYC NFTs and is set to be used as the “primary token” in a new ecosystem of play-to-earn games from Yuga Labs and Animoca Brands. Owners of Bored Ape Yacht Club (BAYC) NFTs — including celeb holders like Eminem, Steph Curry, Jimmy Fallon and Mark Cuban — are set to receive a brand new token called ApeCoin (APE) as yet another incentive for being part of the exclusive digital asset club. The developer of the new token is the ApeCoin DAO and is notably separate from Yuga Labs. Introducing ApeCoin ($APE), a token for culture, gaming, and commerce....

Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was N...

Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available via MATIC’s 19,000 decentralized applications (dapps) and games. Apecoin Is Now Supported by Polygon, Apecoin DAO Board Member Says Separate Apecoin Network Proposal Would Need to Use the AIP-1 Process Three days ago, Bitcoin.com News reported on the Bored Ape Yacht Club-centric Otherside....

Biggest Movers: APE Hits 2-Month High, as UNI Nears Highest Point Since April

Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing. Apecoin (APE) Apecoin (APE) was one of today’s notable tokens to surge, as global crypto markets were back in the green. APE/USD snapped a two-day losing streak, as the cryptocurrency rose to an intraday peak of $7.41 earlier in today’s session. The move sees APE once again break out of its....

ApeCoin DAO officially favor to remain within Ethereum ecosystem

Following a six-day snapshot voting period, the final results narrowly reveal that 53.59% of ApeCoin participants advocate to remain on Ethereum for the mid-term future, with 7.1 million APE tokens cast in total. ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders — a digital asset tied to the Bored Ape Yacht Club ecosystem — published an official proposal on May 2 to debate whether the asset should remain on Ethereum, transition to a layer-2 alternative, or perhaps explore the possibility of chain migration. The ApeCoin improvement proposal (AIP) titled....