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Blogsia - ApeCoin, the native cryptocurrency of the Bored Ape Yacht Club (BAYC) ecosystem, is designed as a decentralized protocol layer. It serves various community-led initiatives within its ecosystem.
According to Coinmarketcap data on Thursday (18/7/2024), the price of ApeCoin stands at $13,503 with a 24-hour trading volume of approximately $922.7 billion.
Over the past 24 hours, ApeCoin has seen a 1.24% increase. Its current Coinmarketcap ranking is 125, down from its previous position at 100 in April 2024.
ApeCoin boasts a market capitalization of $8.1 trillion, with a circulating supply of around 306.8 million ApeCoins out of a maximum of 1 billion.
Built on the ERC-20 Ethereum token standard, ApeCoin is traded on major exchanges such as Binance, FTX, Huobi, KuCoin, Bybit, Kraken, among others.
ApeCoin is a decentralized project inspired by the Bored Ape Yacht Club from Yuga Labs. It is intended for use within the expanding APE ecosystem, supported by the APE Foundation.
The ApeCoin DAO aims to construct and maintain the APE Ecosystem through fair and inclusive means, providing infrastructure for ApeCoin holders to collaborate via an open and permissionless governance process.
ApeCoin serves as the governance token for the APE Ecosystem, enabling token holders to participate in the ApeCoin DAO and offering them a shared, open currency usable without centralized intermediaries.
Approximately 62% of all ApeCoins are allocated to the Ecosystem Fund, supporting community-based initiatives chosen by ApeCoin DAO members.
ApeCoin also grants access to exclusive parts of the ecosystem, including games and services not otherwise available. For third-party developers, ApeCoin serves as a tool to participate in the ecosystem by integrating ApeCoin into services, games, and other projects.
Crypto Prices Today, July 18, 2024: Bitcoin and Ethereum Experience Corrections
Bitcoin and other top cryptocurrencies have shown varied movements on Thursday (18/7/2024). Most of the top cryptocurrencies remain in the green zone today.
According to Coinmarketcap data, Bitcoin (BTC), the largest by market capitalization, has corrected downwards by 0.66% over the past 24 hours, yet it shows a weekly gain of 11.42%.
Currently, Bitcoin is priced at $64,285 or approximately Rp 1.03 billion (assuming an exchange rate of Rp 16,151 per USD). Ethereum (ETH) has also experienced a decline.
ETH dropped by 1.07% in the last day but still shows a weekly gain of 9.53%, currently trading at Rp 54.8 million per coin.
Binance Coin (BNB) has similarly weakened, declining by 0.61% in the last 24 hours, yet it has gained 8.76% over the week, priced at Rp 9.19 million per coin.
Meanwhile, Cardano (ADA) remains in the green zone, rising by 0.49% in the last 24 hours and 13.98% over the week, trading at Rp 7,098 per coin.
Solana (SOL), however, has seen a decline of 2.52% in the day but shows a weekly gain of 10.27%, with its current price at Rp 2.62 million per coin.
XRP has returned to the green zone, gaining 9.72% in the last 24 hours and 44.34% over the week, now priced at Rp 10,220 per coin.
The meme coin Dogecoin (DOGE) has declined by 1.79% in the last day but shows a weekly gain of 13.24%, trading at Rp 2,020 per token.
Future Crypto Prices
Stablecoins Tether (USDT) and USD Coin (USDC) have both gained 0.01% today, maintaining their price at $1.00.
Meanwhile, Binance USD (BUSD) has also gained 0.01% in the last 24 hours, keeping its price at $1.00.
The overall cryptocurrency market capitalization today stands at $2.36 trillion or approximately Rp 38.13 trillion, marking a 0.26% decline over the past day.
Disclaimer:
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