ApeCoin

ApeCoin (APE) is a utility and governance token linked to the renowned Bored Ape Yacht Club (BAYC), a sought-after NFT collection featuring 10,000 distinct cartoon apes. Ascending during the 2021 NFT surge, BAYC saw some apes fetching hundreds of millions. Its widespread adoption by celebrities as profile pictures magnified its cult status. Despite its popularity, BAYC and its parent, Yuga Labs, navigated controversies, including alleged racist imagery and SEC scrutiny. lg...Read more...