What Is ApeCoin (APE)? 
Cryptocurrency
In the crypto world, ApeCoin, the governance unit of the Bored Ape ecosystem that made a name for itself with the NFT storm, is now seen not just as a digital asset but as the key to the Web3 world. So, “
What is APE Coin?” managed with an Ethereum-based DAO structure, and what are the key features that set this ecosystem apart from others?
What is APE Coin?
ApeCoin, is a digital asset developed within the
Web3 ecosystem that stands out with its community-focused governance model. The project is positioned as part of an ecosystem associated with NFT and metaverse-based applications and aims to involve users in various processes within the ecosystem. Thanks to its decentralized structure, ApeCoin offers an approach that prioritizes community contribution in decision-making mechanisms.
APE Coin is considered more than just a digital asset; it is a structure that supports interactions within the ecosystem, facilitates participation in the process, and can be integrated into different Web3 use cases. In this regard, ApeCoin is highlighted among projects at the intersection of
NFT, metaverse, and blockchain-based applications.
Who is the Founder of APE Coin?
APE Coin is not a project founded by a single individual. ApeCoin was developed as a crypto asset managed under the ApeCoin DAO umbrella with a community-focused governance model. Although the Bored Ape Yacht Club ecosystem developed by Yuga Labs played an important role in the project's formation process, ApeCoin's management and decision-making processes are based on the
DAO structure, not a central founder.
What Makes the APECoin (APE) Project Unique?
This token, developed within the APE ecosystem, is positioned as a structure that offers the opportunity to participate in community-based decision-making mechanisms. In this context, APE coin holders can vote on decisions made under the ApeCoin DAO umbrella and contribute to initiatives determined by the community. Approximately 62% of the total
token supply is allocated to a funding pool directed by DAO members' votes, aiming to support the ecosystem's development.
Additionally, the token is considered an access tool for various applications, services, and games planned to be implemented within the ecosystem in the future. This structure offers a usage framework that facilitates inclusion in the ecosystem not only for community members but also for third-party developers. In this respect, the digital asset reflects an approach that aims to expand interaction and usage areas within the ecosystem.
How Does APE Coin Work?
APE token holders participate in the ecosystem's governance model through a community-based structure. In this context, participants vote on issues such as where funds will be directed, determining ecosystem rules, collaborations, and projects to be supported, thereby becoming part of these mechanisms. The implementation of the decisions taken is carried out by the Foundation.
Within the ecosystem, the Foundation acts as the legal representative of the DAO, providing a structure that facilitates the implementation of goals set by the community. The body established within the Foundation, known as the “Board,” operates to support the administrative processes of the ecosystem. The members of this board, consisting of five members with experience in technology and crypto, are determined through annual votes involving token holders. This structure reflects an approach based on continuity and community participation in decision-making processes.
How to Buy APE Coin?
APE Coin purchases are made through crypto asset trading platforms. For users who prefer to trade in Türkiye,
CoinTR is among the platforms where APE Coin trading pairs and market data can be tracked.
The following steps can be followed on the platform:
-
Register and complete the identity verification (KYC) steps
-
Deposit TL balance into the account
Where to Buy APE Coin?
APE Coin is accessible through trading platforms that offer crypto asset trading services. For users who prefer to trade in Türkiye, CoinTR is among the alternatives offering infrastructure compliant with local regulations.
On CoinTR, APE Coin trading pairs and current market data can be viewed, and users can track market movements using the tools provided by the platform.
APE Coin Review
The assessments made under the
APE coin review heading are shaped by the token's decision-making mechanism and benefit-oriented structure. Associated with projects developed by Yuga Labs and linked to the Bored Ape Yacht Club ecosystem, ApeCoin is managed under a decentralized DAO model. This structure, which is not affiliated with any country or authority, reflects an ecosystem approach that prioritizes community participation. APE, which began trading on various platforms when it was first introduced to the
market, quickly became one of the most notable projects in the crypto asset market.
In general assessments, Apecoin is largely associated with developments in the NFT and metaverse space, according to comment details. The token finding use cases in projects like Otherside within the Yuga Labs ecosystem is highlighted as a key factor in APE's functionality. However, given the nature of crypto asset markets, price movements can fluctuate periodically, and comments made about ApeCoin are shaped by market conditions, technological developments, and innovations within the ecosystem. Therefore, assessments of APE are generally considered within the scope of informational analysis.
APE Coin Future
The future of APE Coin is being evaluated through different scenarios within the framework of the project's relationship with NFT, metaverse, and Web3 areas. Operating on the Ethereum blockchain under the
ERC-20 standard, ApeCoin stands out for its role in the ecosystem, particularly with well-known NFT collections such as Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). Managed through a DAO model, this structure offers a community-driven governance approach, enabling users to participate in decision-making mechanisms during the ecosystem's development process.
On the other hand, APE coin is considered a token with the potential to find use cases in metaverse-focused applications, thanks to its connection to initiatives like the Otherside metaverse project developed by Yuga Labs. APE, which is intended to serve different functions within games, digital asset economies, and Web3-based applications, is positioned as a utility token for ecosystem interactions, access to digital assets, and community reward mechanisms. Furthermore, integration with different blockchain networks and potential collaborations with DeFi platforms are among the factors that could increase the token's versatility within the ecosystem. However, due to the general structure of crypto asset markets, developments related to ApeCoin are shaped by market conditions, technological advances, and global regulatory frameworks.
FAQ
What is the highest price APE coin has reached?
The highest price level reached by
APE coin in TL terms to date has been shaped by the supply and demand conditions that existed when the token was launched and the overall market outlook. Historical peak values are periodic, and the
price of APE
coin may fluctuate over time. Current and historical data can be examined through price charts on crypto asset trading platforms.
Which country is APE coin from?
ApeCoin does not belong to any country or central authority. It is a decentralized project managed by the ApeCoin DAO, a global community.
When was APE coin launched?
ApeCoin was officially launched on March 17, 2022, and was simultaneously listed on major exchanges worldwide.
How much is APE coin?
The price of APE Coin is determined by the supply and demand balance on the platforms where it is traded. The answer to the question “How much is APE coin in TL?” may vary over time, so current data can be tracked on the relevant currency pages of crypto asset exchanges.
On which network does APE coin operate?
ApeCoin operates on the Ethereum (ETH) blockchain, one of the world's most secure
smart contract networks, and uses ERC-20 standards.
What is the APE coin project?
APECoin holders participate in decision-making processes through the ApeCoin DAO. Issues such as the use of ecosystem funds are determined by community votes, while the implementation of decisions is carried out by the ApeCoin Foundation.
Which exchanges list APE coin?
APE Coin is listed on various cryptocurrency trading platforms. The token can be traded on both centralized and decentralized exchanges. In Türkiye, APE Coin trading pairs and current market data can be tracked on CoinTR.
What is the APECoin (APE) supply?
The total supply of ApeCoin is capped at 1,000,000,000 (1 billion) units.
2025-12-25Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
What Is Ethereum Name Service (ENS)?Recommended
CryptocurrencyWhat Is API3 Coin? With the proliferation of decentralized applications, the need for reliable and direct data flow within the blockchain ecosystem has become more apparent. One such project focused on this need, API3, offers a structure that aims to seamlessly integrate traditional API providers with blockchain infrastructure. API3 Coin, the project's native digital asset, performs specific functions in the network's governance processes, incentive mechanisms, and security structure. In this conte2025-12-26
CryptocurrencyWhat Is Alien Worlds (TLM)? As blockchain-based games and the digital asset ecosystem continue to expand, one of the projects in this field is Alien Worlds. The game is positioned as a system that combines NFT structures, a decentralized governance model, and blockchain infrastructure. In this context, the TLM Coin stands out as one of the digital assets used within the Alien Worlds ecosystem. So, what is the TLM Coin, how does it work, and what are its purposes within the Alien Worlds ecosystem? What is TLM Coin? TLM Coi2025-12-26
CryptocurrencyWhat Is Ethereum Name Service (ENS)? Ethereum Name Service (ENS) is a decentralized naming system operating on the Ethereum network that aims to convert long, complex wallet addresses into more readable domain names. ENS aims to simplify the user experience in the Web3 ecosystem and make digital identity and address management more accessible. What is ENS Coin? ENS Coin is the native cryptocurrency used in the Ethereum Name Service (ENS) ecosystem. ENS functions as a naming protocol that enables the use of domain names in the form2025-12-25
