ApeCoin

ApeCoin
APE
Contract address
0x4d22...594381
Copy APE contract address
$0.1306
-$0.007204(-5.51%)Today
Market cap
130.58M
Total volume (24h)
17.94M
Volume / Market cap
0.1374
Circulating supply
1.00B
Day range (24h)
$0.13$0.1387
All-time low
$0.0817
All-time high
$26.70

About ApeCoin (APE)

Apecoin (APE) is a decentralized cryptocurrency, started in 2022 by the ApeCoin DAO. APE token is closely associated with Yuga Labs’ Bored Ape Yacht Club NFT project. Yuga Labs did not directly create Apecoin, but has adopted the token for its ecosystem. 

What can I do with Apecoin (APE)?

Compatible with the Ethereum network, APE, pronounced “Ayy-p” is an ERC-20 token. You can use APE to trade and stake digital currencies, as well as participate in the Ethereum network. Ethereum’s ecosystem is powered by technology called smart contracts.

What is a smart contract?

A smart contract is a digital agreement written in computer code that lives on the Ethereum blockchain. It automatically does something when certain conditions are met. For example, if you send me 1 APE, the smart contract instantly sends you a digital artwork that I created. No human needs to be there to make it work, the smart contract follows the rules it was programmed with.

Why is the Ethereum blockchain important for Apecoin?

The Ethereum blockchain network consists of a huge, secure, ever-growing ledger of smart contract transactions, which everyone can see and is immutable. Once a traditional smart contract is created, it can't be altered. These types of smart contracts will always follow the original rules that they were programmed with. Upgradable smart contracts allow for changes to be made, adapting to new requirements, or fixing bugs.

What are the most popular uses for Apecoin (APE)?

APE is the utility and governance token for ApeCoin DAO and the ApeChain ecosystem. As a governance token, APE holders can participate in the ApeCoin DAO and vote on proposals e.g. about fund allocation and partnerships. ApeCoin is also used for token gating access to exclusive features: APE holders can access to member-only events, games, services, and other incentives. ApeCoin is also used as the in-game currency in blockchain-based games like Benji Bananas by Animoca Brands, and Legends of the Mara by Otherside Metaverse by Yuga Labs, where players can earn APE. ApeCoin holders can stake their APE to earn rewards. Some brands e.g. Gucci started accepting ApeCoin as a payment method for online purchases.

Price history

Today (June 24, 2026)$0.1306-5.51%
24 hours ago (June 23, 2026)$0.1383-5.51%
1 week ago (June 17, 2026)$0.1289+1.35%
1 month ago (May 25, 2026)$0.1354-3.50%
1 year ago (June 24, 2025)$0.6187-78.88%

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APE market moves

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24h change: -3.21%. From $0.1394 to $0.1349.

  • Yuga Labs announced a restructuring to dissolve the parallel management model shared with ApeCo and centralize all ApeCoin decision-making under its leadership. The change, targeted for completion in early June 2026, aims to meet regulatory demands and speed up development across the ecosystem. It marks a shift from the earlier DAO-focused structure to more direct oversight by the company behind Bored Ape Yacht Club and Otherside.
  • Bored Ape Yacht Club floor prices roughly doubled from 5 ETH to over 10 ETH in recent weeks while ApeCoin experienced rallies tied to renewed sector interest. Yuga Labs CEO highlighted growing holder participation and product focus for Otherside as a social platform. The developments coincide with broader GameFi token strength and multi-chain expansion efforts for APE utility.

24h change: +1.13%. From $0.1379 to $0.1394.

  • Yuga Labs restructured the ApeCoin ecosystem by dissolving the parallel ApeCo management unit and consolidating all operations including ApeChain under its direct control. The transition was completed around June 5 2026 to streamline decision making and meet regulatory demands after the original DAO governance model faced challenges. The change ends an independent structure established at the token launch and shifts toward more centralized execution while Yuga continues to support the BAYC community and metaverse projects.[[3]](https://coinmarketcap.com/cmc-ai/apecoin-ape/latest-updates/)[[4]](https://cryptonews.net/news/altcoins/32937893/)
  • Bored Ape Yacht Club floor prices and ApeCoin rose notably in April and May 2026 with APE climbing from below $0.10 to around $0.16 at peaks. Gains coincided with Yuga Labs leadership updates new CEO appointment and broader sector momentum in gaming and NFTs. Price has since pulled back but trading volumes increased during the moves reflecting renewed trader interest in the ecosystem.[[5]](https://www.coindesk.com/business/2026/05/10/bored-ape-nfts-are-finally-making-a-comeback-as-crypto-traders-rediscover-their-appetite-for-risk)[[6]](https://beincrypto.com/apecoin-rally-insider-trading-profit/)
  • ApeChain continues as the dedicated blockchain for the Ape ecosystem with mentions of fee burning mechanisms and integration with Otherside metaverse project. The restructuring under Yuga Labs is expected to accelerate product decisions for gaming and community initiatives. Ecosystem participants highlight infrastructure progress even as broader market conditions remain subdued.[[1]](https://apecoin.com/)

24h change: +0.07%. From $0.138 to $0.1381.

  • Yuga Labs announced a complete restructuring of ApeCoin management in late May 2026. The plan eliminated the independent ApeCo unit and centralized control under Yuga Labs by June 5 to streamline decisions and address regulatory demands. This represents a shift away from the previous DAO-driven model toward company-led governance for the token tied to BAYC, Otherside, and ApeChain. The change has been a focal point for community conversations about the project's direction.
  • ApeCoin rose approximately 5.8 percent in a recent session to trade near $0.138. Technical observers noted a bounce from support levels with analysts watching for continuation higher. This comes after earlier surges tied to GameFi interest and follows a period of consolidation well below all-time highs. Trading volume and NFT activity priced in APE remain points of focus in the community.
  • The ApeMars project activated its staking claim portal on June 19 2026 offering 63 percent APY rewards. Claimed tokens face a two-month lock period before withdrawal. This fulfills a whitepaper commitment following earlier project challenges and forms part of broader ecosystem yield opportunities. Community members have been cautioned about fake claim sites and scams.

24h change: +7.69%. From $0.1285 to $0.1384.

  • Yuga Labs proposed and the community approved dissolving the ApeCoin DAO in 2025 through AIP-596. The transition moved treasury assets and operations to a new entity focused on faster decision-making under Yuga Labs while aiming to meet regulatory needs and support ApeChain, Bored Apes, and Otherside. The change followed criticism that the original DAO structure slowed progress and failed to deliver sufficient impact for the ecosystem. Price action after the restructuring has remained subdued.
  • APE has traded around $0.13 with a market cap of approximately $129 million. The token sits more than 99 percent below its 2022 all-time high of $26.70 and has shown limited recovery despite occasional short-term rallies. Recent 24-hour price movement has varied between modest gains and losses of several percent while 24-hour volume hovers near $22 million. Broader ecosystem efforts continue in parallel with the restructured governance model.

24h change: -4.22%. From $0.134 to $0.1283.

  • Yuga Labs announced it would dissolve the independent ApeCo structure and consolidate all ApeCoin management under its direct oversight by June 5 2026. The move streamlines decision making, aligns APE more closely with BAYC and Otherside initiatives, and addresses regulatory considerations. It follows the appointment of Michael Figge as CEO and a community vote with overwhelming support. The transition marks a shift toward centralized leadership while maintaining APE's role in the ecosystem.
  • Yuga Labs has made Otherside's central hub Koda Nexus browser-accessible and continues development of its on-chain economy powered by ApeCoin. The resource system scheduled for 2026 will introduce land-based production, crafting, and economic gameplay for Otherdeed holders. ApeCoin functions as the primary utility and governance token in this environment. These updates strengthen long-term utility for APE beyond speculation.
  • As of June 2026 ApeCoin trades near $0.13 after an earlier rally tied to leadership changes and renewed GameFi interest. Market capitalization stands around $130 million with daily trading volume between $20 million and $28 million. Major token unlocks are largely complete with over 90 percent of supply circulating. Price action reflects consolidation with occasional upward moves amid recovering NFT and metaverse sentiment.

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