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r/CryptoCurrenciesSee Post

Biggest ApeCoin Quarterly Rally: Double-Digit Gains In The Wake Of Looming 15.6M APE Unlocking Event

r/CryptoMarketsSee Post

Biggest ApeCoin Quarterly Rally: Double-Digit Gains In The Wake Of Looming 15.6M APE Unlocking Event

r/CryptoCurrencySee Post

Biggest ApeCoin Quarterly Rally: Double-Digit Gains In The Wake Of Looming 15.6M APE Unlocking Event

r/CryptoCurrencySee Post

If MOON token surpasses the Market Cap of Dogecoin at current price, each $MOON would be worth $132.32

r/CryptoCurrencySee Post

A Twitter user machibigbrother buys and acquires APE every single day. They currently have a loss of ~$4 Million and counting. They also hold dozens and transacted hundreds of APE NFTs which are down roughly 80%+ from last year

r/CryptoCurrencySee Post

Small Coins Just Sitting Around

r/CryptoMarketsSee Post

How ApeCoin Retains Bullish Posture Ahead of $22M APE Unlock

r/CryptoCurrencySee Post

How ApeCoin Retains Bullish Posture Ahead of $22M APE Unlock

r/CryptoCurrencySee Post

What happened on Sep 19th?

r/CryptoCurrencySee Post

16.68 million $ worth APE tokens due to flood markets in cliff unlock.

r/CryptoMarketsSee Post

Big Gains on Trade Setups. Don't Miss The Rally! Market is bouncing and some of the picks have generated nice profits!

r/CryptoMoonShotsSee Post

DumbMoney | $GME | Reigniting the GameStop saga for all Apes.

r/BitcoinSee Post

Onyx Protocol $APE ile 38.33% APY kazanın✅

r/CryptoCurrencySee Post

ApeCoin price likely to plummet as $46.69 million worth of APE to flood markets in a cliff unlock

r/CryptoCurrencySee Post

Help wanted! Wtf is this? Is my wallet being used without my consent/knowledge?

r/CryptoCurrencySee Post

Onchain data: 96% of APE holders are in red

r/CryptoCurrencySee Post

Remember the hype around APE coin? Well, looks like that more than 95% of APE holders are at loss, while APE is 94% down from its ATH.

r/CryptoCurrencySee Post

Is the 25% drop in PEPE, SHIB and APE a sign of a deepening crypto bear market?

r/CryptoCurrencySee Post

24 hour aftermath of top 100 cryptocurrencies after crash

r/CryptoCurrencySee Post

Just Trying

r/CryptoCurrencySee Post

Just trying 🥺😓

r/CryptoMarketsSee Post

The same WHALE who burnt 2500 ETH also burnt - 1 Bored APE, 1 Mutant APE and 1 BAKC [links in the comment]

r/CryptoCurrencySee Post

nd4.eth has burnt 1 Bored APE, 1 Mutant APE and 1 BAKC

r/CryptoCurrencySee Post

Random NFTs as scam

r/CryptoCurrencySee Post

Polygon NFT’s received in ledger live?

r/CryptoCurrencySee Post

Security warning: Please revoke Multichain (Guide)

r/CryptoCurrencySee Post

Bored Ape Bought By Justin Bieber for $1.3M now worth $59k

r/SatoshiStreetBetsSee Post

Elf Wallet (ELF)!!! Wow What An APE-TASTIC Dip! 🔥🦍🔥

r/CryptoMoonShotsSee Post

$DONT APE you fools! Although... 0% tax, 100% hand-drawn art, burnt, renounced, 75K MC. ATH of 300K. We’ve been building for over 5 months and are incredibly volatile these days- constantly pumping between 50-300K. This time however- we have a new plan...

r/CryptoMoonShotsSee Post

$DONT APE but wow things are spicing up... We are seemingly the most volatile coin in crypto. The whales have taken over. 0% tax, 100% hand-drawn art. 50K MC, ATH of 300K. When I say the most volatile- I mean it. I’m about to go to bed, and I truly feel we could hit ATH by the time I wake up.

r/CryptoMoonShotsSee Post

$DONT APE, but Jared_mev followed us on Twitter and been supporting us... 0% tax, 100% hand-drawn art, 150K MC. We’ve been building for over 4 months, and we will never stop! The liquidity is locked, and the contract is renounced. Don’t ape!

r/SatoshiStreetBetsSee Post

Pepe and Milady Meme Coin!!! What an APE-TASTIC Dip!!🔥🦍🔥

r/CryptoMoonShotsSee Post

$DONT APE, but we’re at 160K now. Ben.Eth tweeted at us this morning, we’re currently trending, and callers have started pumping us for the culture. You know what to do fam... 0% tax, burnt, renounced, and utilizing 100% hand-drawn art.

r/CryptoMoonShotsSee Post

$DONT APE but Ben.Eth just tweeted at us, and Andrew Tate is next. 0% tax, burnt, renounced, 80K MC.

r/CryptoCurrencySee Post

APE Coin live on Pulsechain!

r/CryptoCurrencySee Post

ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth

r/CryptoMoonShotsSee Post

CAPA | Just launched 10 Minutes Ago | Liquidity Locked+ renounce | Dev previous project 200k MCAP| Bullish Organic Chart | Best Community | Meme Token

r/CryptoCurrencySee Post

Bitcoin is outperforming 96% (48/50) of the top 50 alt coins. Bitcoin has not shown such incredible strength compared to alts since September 2019, which is over 1300 days ago

r/CryptoCurrencySee Post

Bitcoin is outperforming 48 of the top 50 alt coins and has not shown such incredible relative strength since September 2019.

r/SatoshiStreetBetsSee Post

PEPE flips APE

r/CryptoMoonShotsSee Post

Peppa | Just launched 10 Minutes Ago | Liquidity Locked+ renounce | Dev previous project 200k MCAP| Bullish Organic Chart | Best Community | Meme Token

r/CryptoCurrencySee Post

Bitcoin is King: Bitcoin performed better than 46 of top 50 altcoins over the past 90 days. The last time Bitcoin performed so well relative to alts was almost two years ago (August 2021)

r/CryptoMoonShotsSee Post

PEBULL | Just launched 10 Minutes Ago | Liquidity Locked+ renounce | Dev previous project 80k MCAP| Bullish Organic Chart | Best Community | Meme Token

r/CryptoMoonShotsSee Post

$DONT APE is a 0% token utilizing 100% hand-drawn art. We make comics, animations, games, bots, and NFT’s tied 1:1 to physical products. (For starters). We aim to become the coolest brand to ever be birthed through crypto. Period. 115K MC.

r/CryptoMoonShotsSee Post

Hey you. Yeah you, the one reading this. I just wanted to say.... $DONT APE. Don’t do it mf. Seriously. DONT.

r/CryptoMoonShotsSee Post

$DONT APE, but we’re climbing hard today. 0% tax, 100% hand-drawn art, 140K MC. We make comics, animations, games, and NFT’s tied 1:1 to physical products. Not to mention, we are dropping eth trending and 4chan ads this week!

r/CryptoMoonShotsSee Post

$DONT APE, but we’re the most fun you can have in crypto. 0% tax, 100% hand-drawn art, 112k MC. We make comics, animations, games, and NFT’s tied 1:1 to physical products. We also have a buy contest live for the next few hours!

r/CryptoMoonShotsSee Post

$DONT APE but if you’re looking for a long term community project after all this chaos, we’re the one. 0% tax, 100% hand-drawn art. We make comics, animations, games, and NFT’s tied 1:1 to physical products. 100K MC.

r/SatoshiStreetBetsSee Post

Are meme coins still a thing?

r/CryptoMoonShotsSee Post

$DONT APE - 0% tax, 100% hand-drawn art, 100K MC. We make comics, animations, games, and NFT’s tied 1:1 to physical products. This weekend we’ll be submitting for ETH trending, dropping 4chan ads, and announcing a huge event!

r/CryptoMoonShotsSee Post

Missed Pepe and Aped? $DONT APE is next! 0% tax, 100% hand-drawn art, 150K MC. We’ve been grinding for over 3 months, and are ready to blow at any minute!

r/CryptoMoonShotsSee Post

$DONT APE - 0% tax, 100% hand-drawn art, 160K MC. We’re up next given the current meta, and we’re about to drop a ton of paid marketing!

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 200K MC. We have been crushing it this week on AMA’s, and just finalized a huge partnership! We make comics, animations, games, and NFT’s tied 1:1 to physical products. (For starters). Not to mention- we’re dropping a massive event soon!

r/CryptoMoonShotsSee Post

$DONT APE, but you know what?! Maybe you should. We are going hard this week! We just wrapped up an ama with Tsuka and our partners, are working to solidify new partnerships, and are dropping our first run of NFT’s soon. 0% tax, 100% hand-drawn art, 230K MC.

r/CryptoMoonShotsSee Post

$DONT APE, but you really should check us out. 0% tax, 100% hand-drawn art, 270K MC. We make comics, animations, games, and NFT’s tied 1:1 to physical products. We have massive AMA’s lined up this week, and are about to drop a huge surprise!

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 270K MC. We’re always grinding! 4 AMA’s this week, the unveiling of our second event is incoming, and we’re continuing to work on our NFT’s. $Dont be surprised when you see us above 1M MC soon.

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 220K MC. We’re hosting an egg hunt in our telegram today for NFT whitelists, so be sure to join up, just don’t ape!

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 210K MC. We just ran up to 280, consolidated, and are now gearing up for the next milestone. Our art is top-tier, our passion is un-matched, and what we have coming will astound you. DONT APE.

r/CryptoMoonShotsSee Post

$DONT APE - but keep watching. 100% hand-drawn art, 0% tax, 230K MC. We make comics, animations, games, and NFT’s tied 1:1 to physical products. We aim to become a billion dollar brand, and we will.

r/CryptoMoonShotsSee Post

$DONT APE is steady crushing it! 100% hand-drawn art, 0% tax. We make comics, animations, games, NFT’s; and a hell of a lot more. 170K, and climbing fast... We’ve established three partnerships this week, and are launching events with all three, very soon.

r/CryptoMoonShotsSee Post

$DONT APE is climbing fast again! 100% hand-drawn art, 0% tax, 200K MC. We just finalized 3 new partnerships this week, and officially became available to earn in a very popular P2E game. Many updates to come this week yet, but don’t ape!

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax. We just finalized two new partnerships, announced our first game “poo monkey”, and are getting very close to our first NFT drop. Not to mention- we are about to begin an entire weekend of events with our new partners. 160K MC.

r/CryptoMoonShotsSee Post

$DONT APE is climbing again! 100% hand-drawn art, 0% tax, 160K MC. We’ve just finalized two new partnerships with Walter Inu and Moonopoly, and have also just teased our upcoming game “Poo Monkey” for the first time.

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 130K MC. Nice little dip right now, which if you’ve been watching us- you know will be eaten soon. We produce comics, animations, and NFT’s tied 1:1 to our physical products. Grab a bag, just don’t ape!

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 150K MC. We produce comics, animations, and NFT’s tied 1:1 to physical products. We just finalized a huge partnership with the token “Moonopoly”, and will be launching events together very soon!

r/CryptoMoonShotsSee Post

$DONT APE is climbing! 100% hand-drawn art, 0% tax, 150K MC. We just dropped our first comic, are about to release our first run of NFT’s/products, and are cranking on a new utility that will challenge the space at large. Details for that- coming soon. (Best to surprise the competition).

r/CryptoMoonShotsSee Post

$DONT APE is on a very rare dip rn. 100% hand-drawn art, 0% tax, 115K MC. We produce comics, animations, and NFT’s tied 1:1 to our physical products. First NFT’s/Shirts are coming very soon!

r/CryptoMoonShotsSee Post

$DONT APE - 0% tax, 100% hand-drawn art, 190K MC. We make comics, animations, short stories, and NFT’s tied 1:1 to physical products. I’d also argue we are the hardest working team/community under 20M MC.

r/CryptoMoonShotsSee Post

$DONT APE hit 250K today. Sitting strong at 180K. You’ve seen us, and you’ll continue to see us. 100% hand-drawn art, 0% tax. We are beginning a massive marketing push today, just released our first comic, and are preparing for our first NFT launch.

r/CryptoMoonShotsSee Post

$DONT APE is moving quick... 100% hand-drawn art, 0% tax, 115K MC. We produce comics, animations, stories, and NFT’s tied 1:1 to our physical products. For starters...We have a massive marketing push beginning tomorrow, but again, don’t ape!

r/CryptoMoonShotsSee Post

$DONT APE is climbing again... We’re a 0% token utilizing 100% hand-drawn art, and we just dropped our first comic. Locked forever, renounced, and intent on becoming the next big brand birthed through crypto- $DONT APE is an absolute monster in the making. Sub 100K MC, for now.

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 80K MC. We just released our first comic, are about to begin a massive marketing campaign, and are always solidifying new partnerships.

r/CryptoMoonShotsSee Post

$DONT APE - is a 0% tax community coin utilizing 100% hand-drawn art. We just dropped our first comic (on website), and will be be announcing an entirely new utility, very soon. 80K MC and never going to stop.

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tac, 80K MC. We produce comics, animations, short stories, and NFT’s tied 1:1 to physical products. Major marketing about to begin. Don’t Ape!

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 80K MC. We just released our first comic, are gearing up for our first NFT launch, and will be dropping serious marketing for our Hispanic community soon.

r/CryptoCurrencySee Post

APE Flipped WETH As The Most Traded Token Among Top ETH Whales

r/CryptoCurrencySee Post

Delving into the Sandbox Metaverse, Part 2 of my metaverse journey

r/CryptoMoonShotsSee Post

$DONT APE - We are releasing our first comic tonight at 11:11 PM Eastern! Join our TG or follow our Twitter to check it out! We’re a 0% token utilizing 100% hand-drawn art. We produce comics, animations, stories, and NFT’s tied 1:1 to our physical products. 105K MC.

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 104K MC. We’re about to roll out our first comic, are going on a run of AMA’s, and are soon announcing new partnerships. Ideal time to check us out, just don’t ape.

r/CryptoMoonShotsSee Post

$DONT APE - but we just released our DAO information, will be dropping our comic later in the week alongside whitepaper, and will soon be going on an intense marketing run. 0% tax, 100% hand-drawn art, 100K MC.

r/CryptoMoonShotsSee Post

$DONT APE - We’ve just had an incredible run up, consolidated, and are beginning to climb again. 112K MC as of this post. We’re a 0% tax token utilizing 100% hand-drawn art, and we are about to finalize a few massive partnerships. Our marketing is also picking up tremendously, but again, DONT APE.

r/CryptoMoonShotsSee Post

$DONT APE - 0% tax, 100% hand-drawn art, 170K MC. This week- we’re working to establish further partnerships, we will be dropping both our first comic and whitepaper, as well as attending multiple AMA’s.

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 150K MC. This week- we are working to solidify further partnerships, drop our first comic, and will also be appearing on more AMA’s! We have a ton planned, but DONT APE.

r/CryptoMoonShotsSee Post

$DONT APE - 0% tax, 100% hand-drawn art, 136K MC. Everything we do and make- is by hand, and with heart. We are about to release our first comic, and will be attending multiple AMA’s to spread the word. Don’t Ape chips are also coming soon through our partner Vegan Rob. (International snack brand).

r/CryptoMoonShotsSee Post

$DONT APE - 0% tax, 100% hand-drawn art, 110K MC. We’re working on comics, animations, and NFT’s tied 1:1 to our physical products. Not to mention we’ve just partnered with Vegan Rob’s (international snack brand), and will be making $DONT APE banana chips a reality!

r/CryptoMoonShotsSee Post

$DONT APE - 0% tax, 100% hand-drawn art, 120K MC. We just finalized a partnership with Vegan Rob’s (International snack brand), and are about to release our first comic! Both the community and the team work relentlessly to ensure the long-term success of our brand , however - DONT APE.

r/CryptoMoonShotsSee Post

$DONT APE- 0% tax, 100% hand-drawn art, 100K MC. We’re producing comics, animations, and NFT’s tied 1:1 to our physical products. Not to mention we will soon be Dont Ape Banana Chips in stores everywhere, as a result of our partnership with Vegan Rob’s.

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 80K MC. We’re producing comics, animations, and NFT’s tied 1:1 to our physical products. Not to mention we just partnered with $VRT, launched an entire weekend of contests, and are making DONT APE banana chips a reality soon.

r/CryptoMoonShotsSee Post

$DONT APE and $VRT are hosting an entire weekend of events in celebration of our partnership starting Friday, March 17th, at 3PM. We will be giving away tokens, merch, snacks, whitelists, and more!

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax, 52K MC. We’re producing comics, animations, short stories, and NFT’s tied 1:1 to physical products. We are also launching an entire weekend of events this Friday with our new partner $VRT. We’ll be giving away a ton of tokens/prizes, be sure to stop in!

r/CryptoMoonShotsSee Post

$DONT APE - 100% hand-drawn art, 0% tax. We’ve recently partnered with Vegan Rob’s Token, and are launching a week of events this Friday! We will be giving away tokens, art, merch, snacks, NFT’s, and more! Join the telegram to view all rules. (On website).

r/CryptoCurrencySee Post

What is ApeCoin (APE) and the BAYC Ecosystem

r/CryptoMoonShotsSee Post

$DONT APE. 100% hand-drawn art, 0% tax, 50K MC. We’re making comics, animations, short-stories, and NFT’s tied 1:1 to physical clothing. Not to mention the Dont Ape banana chips we have coming through our partnership with Vegan Rob’s Token. Come check us out, just DONT APE.

r/CryptoMoonShotsSee Post

$DONT APE - 0% tax, 100% hand-drawn art, and on a RARE dip. 40K MC. We’re building comics, animations, physical clothing/products, and are also launching NFT’s tied 1:1 to those products. Not to mention- we’ve just partnered with Vegan Rob’s Token... DONT APE.

r/CryptoMoonShotsSee Post

Did I stutter?! $DONT APE X $VRT is live! Don’t Ape is a 0% community coin utilizing 100% hand-drawn art (50K MC), while Vegan Rob’s is a global snack brand, founded by the guy who started Pirates Booty. (90K MC). We will be working together for the long-term to ensure the success of both brands.

r/CryptoMoonShotsSee Post

$DONT APE X $VRT. We’re very happy to announce our first partnership with Vegan Rob’s Token. We’re 0% tax, utilizing 100% hand-drawn art, and will soon be making Dont Ape Banana Chips a reality. 52K MC, and coming to stores near you soon.

r/CryptoMoonShotsSee Post

$DONT APE- 0% tax, 100% hand-drawn art. We just released our website, roadmap, trailer for our first NFT run, and also solidified a partnership with Vegan Rob’s. 53K MC and just getting warmed up.

r/CryptoMoonShotsSee Post

$VRT X $DONT APE. Vegan Rob’s Token and Don’t Ape have officially partnered! VRT was launched by an international snack food brand and the creator of Pirates Booty, and is the first tokenized snack brand; while DONT APE is an artistic powerhouse/budding brand itself. More information below.

r/CryptoMoonShotsSee Post

$DONT APE- 0% tax, 100% hand-drawn art, 45K MC. Final dip before the release of our website, comic, whitepaper, and roadmap. Little birdie told me we may have a little something else underway as well. DONT APE

r/CryptoMoonShotsSee Post

$DONT APE- 100% hand-drawn art, 0% tax, 67K MC. We’re just a few days away from dropping our website, whitepaper, roadmap, and first comic! Many big names (and wallets) already on board. DONT APE.

Mentions

Wait until the 30% - 70% correction causes folks to go APE SHIT. LONG HOOOLLLD 💎 DIAMOND HANDS💎 MOTHER FUCKERS.

I have TNSR, RNDR, APE, LSK, W, ETH, BTC now but i doubt they will help me recover my initial investments

Thanks for the large and insightful question! This coin was born out of an overwhelming frustration with the market as a whole. In a landscape awash with rugs, PnDs, exit scams, and a whole slew of other nefarious practices, we've found success by being transparent and honest about our intentions regarding the lack of utility. Virtually every memecoin with "utility" has wound up being a bust for holders. Dogechain, Shibarium, etc., were all hyped excessively, only for the two chains to have a combined TVL of about $6.9 million. Essentially, we saw countless projects from previous cycles bolster their price solely by "dangling a carrot" for lack of a better phrase. In fact, Mog's functionality IS it's lack of functionality: we will never make a promise we can't keep. On bringing NFT communities together: Many NFTs have their own coins, but that doesn't negate the need for a single coin designed to bring the communities together, i.e.; APE coin is a harder sell to Miladys or Seals than Mog is to each separate community. At the moment, Solana doesn't have too vibrant of an NFT community, but in our experience, regardless of the success of Solana coins, there's still always room for other tokens to succeed. One method that has brought us great success so far is the utilization of the Pit Viper sunglasses on profile pictures and refusing to launch an NFT project of our own. Using the pitters, or, more commonly, "Moggles" on various Twitter pfps allows individuals to show support for Mog without feeling obligated to change their pfps. Below I've posted a couple tweets where Mog is getting support from some of the biggest names in NFTs: (Luca Netz: [https://twitter.com/LucaNetz/status/1790785912546250841](https://twitter.com/LucaNetz/status/1790785912546250841) ) (Frank DeGods (and Fity.eth, a well known BAYC holder): [https://x.com/frankdegods/status/1776659928846840064](https://x.com/frankdegods/status/1776659928846840064) ) On Mog's origins: The term 'mog' was popularized by these internet forums, but in reality, it was mostly used on the /fit/ boards to describe a stronger individual - because there is always someone bigger and stronger. Hardly the same spaces as the incel/redpilled rhetoric. In fact, although mog's pre-boards etymology is somewhat unknown, we've traced the origins of the term back to the Olde English "moggy" - hence - Mog is a cat coin rather than a redpilled/incel coin. - Slumpt01

Mentions:#NFT#APE

**What's the reason for this coin coin to exist and how is it any better and different from the countless NFT coins that are more popular and already are well established** besides being inspired by a TikTok meme? And as a meme coin how is it any better than Shiba Inu, for example, that even has its own network and exchange all while being a knockoff of Doge? (and so piggy backs on the latter's popularity for it's price action) **Does Mog have a functionality in the first place?** **How exactly are you going to bring together the NFT communities of Twitter?** From my very basic understanding of NFT culture I know that a lot of NFTs communities already have their own coins (like APE for BoardApes NFTs) and usually their NFTs are traded in currencies like ETH, Matic or more recently Solana. Given this it looks like competition is very fierce and would make Mog redundant. With this in mind **how does and how will Mog position itself in the market to accomplish your vision?** Edit: On further inspection of the mog meme It seems to originate from "Redpill" side of the internet or better known as the pick-up artist and incel forms. Given this memes history and affiliation with rather controversial groups **how are you going to address the potential negative image this coin could obtain if at one point it becomes popular and evolves to be more than just a meme as a legitimate project?** Also **what do you mean when you market the project as a culture coin?** What is a **culture coin**?

Mentions:#NFT#APE#ETH

How exactly did you manage to "bring together the NFT communities of Twitter"? From my very basic understanding of NFTs I know that a lot of NFTs communities already have their own coins (like APE for BoardApes NFTs). What's the point of this coin exactly and with how is it any better and different from the countless NFT coins that are more popular and already are well established besides being a meme? And as a meme how is it any better than Shiba Inu that even has it's own network and exchange? Does Mog even have a functionality in the first place?

Mentions:#NFT#APE

Yep Bancor F'ed me over good on ENJ. Nexo did not support it. But they had shit tokens like APE. that was about my only complaint with NEXO was there coin selection.

Mentions:#ENJ#APE#NEXO

1) Before my shill, I'll doxx myself for this post so you know I'm not camped out in a mud hut outside Mumbai. (not that there's anything wrong with that, providing the mud-hut dwellers intentions are good...) I've been in the space since 2016, I've made millions and roundtripped millions, multiple times. What's more important is that I've made a lot of very powerful friends and connections from DeFi whales to VCs to memecoin market movers. I was always a utility/DeFi guy until I had the harsh realisation that precisely zero people actually give a fuck about utility. Memes, in my opinion, are going to absolutely crush this cycle. Don't have time to write my theses on this but retail is not going to dive into LSTs or Eigenlayer re-re-staked Eth or utility plays. They're just not. Even the people who have been through two cycles don't care. Last cycle retail came for NFTs because they're accessible, and this cycle it will be memes because they're already showing that they can outperform the rest of the market AND they're hyper-accessible. Luckily, I have quite possibly the greatest meme alpha source in the world as a friend. 2) So, about this friend. Let's call him "John". He's a day-1 Shib OG who autistically held and was part of the entire Shib journey. Turned $1500 into $60m+ at ATH and realised a lot of it. I unfortunately hadn't met him at that point, but was fortunate enough to meet him through another friend afterwards. We have a small closed group with about 8 of us in it, all with various connections and strengths. John is one of those friends where if he pastes a CA in the chat you can just APE. If he says jump, we ask how high. He never ever misses or gives a losing play. He's given us multiple 100xs and several 20-50x+s. GFY at $50k -> straight to $27m, KOYO at $50k -> straight to $26m, etc etc. Now this time, he warned us MONTHS in advance to prepare for a launch because he had big big BIG alpha. He called it "retirement alpha" and said things like "this is your retirement, I'm not fucking around" etc. Kendu Inu is my horse. My grand-national roided up winner this cycle. And I'm always going to have skin in the game. Here's what's innovative and public: - Stealth launch, no KOLs with supply, no backroom deals or OTC (despite numerous offers) - Shytoshi Kusama (project lead for Shib) followed from 300 followers - Dev and Shytoshi are close friends - Dev is a genuine giga-chad multi-millionaire who has ran several projects to 100m+, last was 400m+ (can't disclose which) - Kendu Inu is the devs last project, his Magnum Opus. He's never used voice before, now he has twice-daily community calls. - Shytoshi will have a role in the project, they are waiting for the timing to be right in the markets and to reach certain levels of traction organically before the reveal - I have it on good authority that when it is revealed and when he does come in, he will be HARD shilling Kendu. Love him or hate him, he's a top-50 most influential person in crypto, a few steps below the magic money skeleton Vitalik himself. He ran Shib up to tens of billions. - There has been hints at a certain future project to project partnership (Can you guess what it might be given who is involved?) - Actual project details/roadmap are not public yet, for now, it's all building the community strength and winning ethos. - 3 top 10 exchanges are lined up for when the time is right via warm intros - Gate, Kucoin, OKX

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by cryotosensei. > > Background > > ApeCoin ($APE) was an ERC-20 governance token that was launched on March 17, 2022. It is a social token associated with twoof the biggest NFT players, Bored Ape Yacht Club (BAYC) and Mutant Apes Yacht Club (MAYC). They will be used to engage these two communities and maintain dominance of the whole ecosystem. > > 1. Interestingly, $APE is not controlled by BAYC’s creator, YUGA Labs. Instead, it is operated by the ApeCoin Dao, a decentralised autonomous organization. This means that every $APE holder gets a say in deciding governance rules. Already, they have exercised their right. When YUGA Labs proposed for $APE to have its own blockchain, Layer-2/subnet, or other sidechain solution, an overwhelming majority (99.91%) of 196K ApeCoin holders voted in favour of Proposition 41 as they would rather ApeCoin remain in the Ethereum ecosystem instead of migrating to other chains. This enhances $APE holders’ sense of autonomy as they get to determine the future of their token. > 2. Besides being empowered with voting rights, $APE holders will find like they are in an exclusive club as they will get to access member perks and benefits, including access to rare merchandise, and invitations to face-to-face events. > 3. $APE offers utility as a form of currency. Firstly, this is because of the Otherside metaverse that was launched by Yuga Labs. Since $APE is employed as the standard currency in Otherside (e.g. minting of Otherside NFTs), its value soared, thus helping it to become the largest metaverse token by market capitalisation at one point in time. Plus, players of the Animoca Brands blockchain game, Benji Bananas, could use ApeCoin as an in-game currency to advance to higher levels. This applies to players of a play to earn game from nWay Play too. > > > References > https://chaindebrief.com/everything-you-need-to-know-apecoin/ > > https://decrypt.co/98829/apecoin-becomes-largest-metaverse-token-surpassing-mana-sand-axs > > https://cryptobriefing.com/apecoin-at-all-time-highs-ahead-of-otherside-nft-drop/ > > https://bit.ly/3LlxoMC > > https://www.gemini.com/cryptopedia/apecoin-ape-crypto-bayc-ape-token-crypto-yuga-labs-ape-board#section-use-cases-of-ape-coin ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#NFT

#Apecoin Con-Arguments Below is a Apecoin con-argument written by bkcrypt0. > # Ape Coin Apes Real Crypto, but Without a Purpose > > # Background > > First there was the NFT craze with Bored Ape Yacht Club growing a following and a selling a ton of generated digital images fetching millions of dollars a piece. There were ones with funny hats, and expressions, and clothes, and laser eyes (how collectible!), but the underlying "art" was pretty much the same. The experiment proved there's a buyer for practically anything out there. > > Then came the social club that only BAYC NFT holders could attend. They even rented out a warehouse space in NYC with DJs, drinks, and a "don't you wish your NFTs were as cool as mine" vibe. > > Don't forget the mediocre cartoon featuring all your favorite apes who wait in line to escape a dying planet (oh the symbolism, how smug). > > If that wasn't enough, now there's APE coin, initially airdropped to NFT holders as another benefit of being in the club, but now available to anyone who wants to plunk down some hard earned cash on a purely speculative digital "asset." > > # Analysis > > Trouble is, the NFT ship has sailed (and the APE NFT values are plummeting based on floor price data.) This was meant to rival the Doge fans and their fanatical adherence to a private club of crypto holders that does nothing except circulate money from fiat to DOGE to other crypto and back again (the greater fool theory at work, except some got insanely rich off the grift.) > > APE coin failed to reach critical mass before the market tanked, and they didn't get the Musk nod to give it enhanced credibility like by being used for Tesla merch (how many Doge holders really care about Tesla merch?), so the coin languishes like the majority of alts (not all of them, at least not ones that actually do something.) > > Purely on the technicals at time of writing APE coin is off 80% from its high of over $25 with a little under **30% of its one billion tokens in circulation**. Imagine when the rest of that supply hits the market. > > What is APE coin used for? It's an ERC-20 token used for APE community DAO governance (and some online metaverse features.) How many people are buying Ape Coin to be able to vote in governance? > > # Conclusion > > Not every crypto has to have utility just like anything else that sells in the physical world (beanie babies and chia pets all had some value to the people who bought them.) > > They may look good on a shelf somewhere, but that doesn't make them a good investment (only a few beanie babies are actually worth significant money.) > > There's no tech here, no unique use case, no problems solved. Ape Coin is strictly a hyped crypto token with minimal value beyond the hype. As long as that machine keeps working it may sustain itself, but that's a risky bet by any definition. > > Otherwise it's all smoke and mirrors until the carnival closes and the mope in the ape suit vaping out back is left to wonder how to pay next month's bills. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by cryotosensei. > > Background > > ApeCoin ($APE) was an ERC-20 governance token that was launched on March 17, 2022. It is a social token associated with twoof the biggest NFT players, Bored Ape Yacht Club (BAYC) and Mutant Apes Yacht Club (MAYC). They will be used to engage these two communities and maintain dominance of the whole ecosystem. > > 1. Interestingly, $APE is not controlled by BAYC’s creator, YUGA Labs. Instead, it is operated by the ApeCoin Dao, a decentralised autonomous organization. This means that every $APE holder gets a say in deciding governance rules. Already, they have exercised their right. When YUGA Labs proposed for $APE to have its own blockchain, Layer-2/subnet, or other sidechain solution, an overwhelming majority (99.91%) of 196K ApeCoin holders voted in favour of Proposition 41 as they would rather ApeCoin remain in the Ethereum ecosystem instead of migrating to other chains. This enhances $APE holders’ sense of autonomy as they get to determine the future of their token. > 2. Besides being empowered with voting rights, $APE holders will find like they are in an exclusive club as they will get to access member perks and benefits, including access to rare merchandise, and invitations to face-to-face events. > 3. $APE offers utility as a form of currency. Firstly, this is because of the Otherside metaverse that was launched by Yuga Labs. Since $APE is employed as the standard currency in Otherside (e.g. minting of Otherside NFTs), its value soared, thus helping it to become the largest metaverse token by market capitalisation at one point in time. Plus, players of the Animoca Brands blockchain game, Benji Bananas, could use ApeCoin as an in-game currency to advance to higher levels. This applies to players of a play to earn game from nWay Play too. > > > References > https://chaindebrief.com/everything-you-need-to-know-apecoin/ > > https://decrypt.co/98829/apecoin-becomes-largest-metaverse-token-surpassing-mana-sand-axs > > https://cryptobriefing.com/apecoin-at-all-time-highs-ahead-of-otherside-nft-drop/ > > https://bit.ly/3LlxoMC > > https://www.gemini.com/cryptopedia/apecoin-ape-crypto-bayc-ape-token-crypto-yuga-labs-ape-board#section-use-cases-of-ape-coin ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#NFT

I will forever shame gambling, and it's not because I "don't know how to do it responsibly", but because it's something degenerates do. It's like going all-in on shitcoins but even worse, lol. At least you need some technical knowledge before you can ape in on alts. With gambling it's literally APE PREZZ BUTDON 1 OR APE PREZZ BUDTON 2. Oogabooga *farts and makes caveman noises*

Mentions:#APE
r/CryptoCurrencySee Comment

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by noxtrifle. > ApeCoin is an ERC-20 token made by Yuga Labs, the company behind the sporadically successful Bored Ape Yacht Club NFT collection. It was created as a means to "empower and incentivize a decentralized community building at the forefront of web3" [\[CoinMarketCap\]](https://coinmarketcap.com/currencies/apecoin-ape/). Though the NFT market is gradually declining in popularity, ApeCoin might just have a chance of survival. This is why: > > * **470,000,000 tokens, or $2,096,200,000 to be dedicated to the community** > * According to [their website](https://apecoin.com/about), over $2B (at current prices) will be released gradually through vesting periods to the treasury, which has the ultimate goal of funding community projects. > * Hence, the money will likely go towards innovating in the APE ecosystem, improving the blockchain, and funding the upcomingstaking system. > * **DAO Status** > * Also being a DAO currently worth over $1B, ApeCoin holds incredible power over the crypto sphere and has the capability to purchase & fund promising projects at will, making for a better experience for everyone. > * **Upcoming Staking System** > * With a staking system having been voted in with [AIP-21](https://messari.io/governor/proposal/33db0781-fcd1-4bdd-93f4-208fcc52246a) and AIP-22, it has been stipulated that [17.5% of the total supply](https://coinquora.com/apecoin-price-may-explode-with-aip-21-22-staking-update/) will be used (over three years) to fund the staking of ApeCoin. > * As such, it is highly likely that APE will increase in value as investors get drawn in by the upcoming staking system. > * **Celebrity Ownership** > * ApeCoin was airdropped to all BAYC holders, including several celebrities like Mark Cuban, Stephen Curry, Neymar, Serena Williams, Justin Bieber, and [many more.](https://boardroom.tv/bored-ape-nft-celebrity-owners/) > * Given that all these people are invested in APE, it is likely that ApeCoin will only rise in popularity. Just look at Dogecoin, and it was not backed by nearly as many people. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#NFT#APE#DAO
r/BitcoinSee Comment

It is not hate. It is fear. The shorts are getting desperate. 75k will absolutely wreck a whole shit ton of them. We got a squeeze on. And we have almost zero downside to going in heavy and holding tight. To do our part. The escalating demand curve is our protective shield. Germany exchange traded instrument is approved. A couple dozen ETFs coming to China. SE Asian super app GRAB just validated BTC as a form of payment. And very soon U.S. pension funds and Municipalities will be fiduciary required to allocate. Let's go APE shit on these maggot hedge funds. Foot on throat!!!

Mentions:#BTC#APE
r/CryptoMarketsSee Comment

🦍 APE coin 🦍

Mentions:#APE
r/BitcoinSee Comment

people always APE in during bullruns.

Mentions:#APE
r/CryptoCurrencySee Comment

ADA and APE, I got in APE right when it came out at like $12 and now it’s like $1 😂 luckily a small amount of capital tho. Then ADA because it was one of the first coins I purchased back in 2021 and haven’t added any since.

Mentions:#ADA#APE
r/CryptoCurrencySee Comment

This guy shitcoins. Use dexscreener for charts/new launches, jup/raydium to swap, phantom wallet for $$ If you want to go true degen OP, can get BonkBot, its a GUI terminal trader for these shitcoins, as sometimes dexs can have latency APE at your own risk, SOL shitcoins are vv risky :)

r/CryptoCurrencySee Comment

APE has nothing to do with WSB. It’s the coin of this BoredApes NFT, isn’t it?

Mentions:#APE#WSB
r/CryptoCurrencySee Comment

>Arbitrum (ARB) will unlock 1.11 billion tokens on March 16 at 9 pm, valued at approximately $2.32 billion, accounting for 76.62% of the circulating supply. >Aptos (APT) will unlock 24.84 million tokens on March 13 at 6 am, valued at approximately $329 million, accounting for 6.73% of the circulating supply. >ApeCoin (APE) will unlock 15.6 million tokens on March 17 at 8 am, valued at approximately $35.57 million, accounting for 2.55% of the circulating supply. >CyberConnect (CYBER) will unlock 886,000 tokens on March 15 at 6 pm, valued at approximately $10.51 million, accounting for 5.98% of the circulating supply. >Flow (FLOW) will unlock 2.6 million tokens on March 16 at 8 am, valued at approximately $3.62 million, accounting for 0.17% of the circulating supply. >Moonbeam (GLMR) will unlock 3.04 million tokens on March 16 at 8 am, valued at approximately $1.49 million, accounting for 0.36% of the circulating supply. >Euler (EUL) will unlock 86,900 tokens on March 14 at 7:34 pm, valued at approximately $591,000, accounting for 0.47% of the circulating supply.

r/CryptoCurrencySee Comment

Is this a good time to buy APE?

Mentions:#APE
r/CryptoCurrencySee Comment

I think you have the right idea. I’m not sure if it’ll happen in the next month, but I can see many memecoins doing well. I’d consider dogelonmars, but it’s not on Coinbase and I’m too lazy to sign up for another exchange. I might start loading up on APE though.

Mentions:#APE
r/CryptoCurrencySee Comment

Bought & hold: 1Inch (1Inch) Apecoin (APE) Cardano (ADA) Cronos (CRO) Dogecoin (DOGE) Ethereum (ETH) Hedera (HBAR) Polygon (Matic) XRP (XRP) What's the overall consensus with these holdings? Some are not great such as APE but we move on! Looking at buying more over time but so far?

r/CryptoCurrencySee Comment

what are your feelings towards this cycle's memecoins? apart from OG DOGE And SHIB sentiment-wise BONK and WIF seem to stand out. but i guess PEPE is well alive as well. APE seems to have run its course. what are your impressions?

r/CryptoCurrencySee Comment

Good news for you, there's a coin called APE

Mentions:#APE
r/CryptoCurrencySee Comment

OP: “Be sensible, it’s risky to fomo in the middle of a price surge.” Comments: “Shut up regard. No one knows shit about fuck and neither do you. So I’ll just maxed out my credit cards and APE in. YOLO”

Mentions:#OP#APE#YOLO
r/BitcoinSee Comment

Im an APE. I’m use to it 😂

Mentions:#APE
r/CryptoCurrencySee Comment

Newbie fomo bull markets start at the end of the bull cycle not the beginning. After all what are they fomo'ing into if the bull market moon shots haven't started yet? Nothing to miss out on yet according to you I definitely don't think we are in the heart of the bull market but SOL went up 400% in 2 months. LINK 40% in 2 weeks. TIA 200% in 2 months. BONK 1000% In less than 1 month. Its definitely not crypto winter. It's more like crypto spring and again, the good cryptos have been blooming, if your APE or anything else hasn't started blooming again yet then guess what... good luck mate

r/BitcoinSee Comment

tell me you didnt read what I wrote, without telling me you didnt read what I wrote. tell your A.D.D that today is the day you make your stand and refuse to be cucked by fiat culture where everything has to be explained and given to your immediately with no effort, and re read what I wrote ESPECIALLY THE LAST PART WHERE I COMPARE THE METAL FUTURES MARKET AND BITCOIN YOU HOPELESS APE here, let me do it for you so your inner fiat child can be coddled, like consumer culture coddles you in order to take your finite energy, attention and pseudo fiat wealth: ​ >The answer is that gold derivatives have created a vast imaginary supply of gold -- a supply of paper certificates for gold that does not exist but for which delivery has not been demanded. That's because most gold investors leave their gold purchases on deposit with the investment banks that sold them only promises of imaginary gold. > >Bitcoin fixes this through a publicly held supply check, called the blockchain. Unlike other ledgers, it requires proof of work, not proof of "I run the financial system, I get to fudge the numbers as I please screw you cuck." If you try naked short sell bitcoin, I ask for the ID of your transaction, that must involve real BTC and is for all to see, and see if you really did send X bitcoin to the broker\\exchange in question. PUBLICLY AUDITABLE SUPPLY CHECK CALLED THE BITCOIN BLOCKCHAIN, NOT THE GOVERNMENT SAYING "I have the gold, are you questioning the government whether I actually have the gold? let me lease (borrow and return fyi) the gold from our bank friends at a time and place convenient for us, and put you under our secret surveillance list real quick"

r/CryptoCurrencySee Comment

It's still hit or miss for me. Safemoon was full on transparent. APE coin too.

Mentions:#APE
r/CryptoCurrencySee Comment

Try to understand circulating coin amounts and compare the number in circulation at ATH and compare it to now, no APE probably never sniffs it’s all time high unless crypto becomes the backbone of the world in the most bullish of cases.

Mentions:#APE
r/CryptoCurrencySee Comment

You could close your eyes. But any coin. From Bitcoin to GMT, you name any coin, DREP, SUPER, ALGO, AVAX, APE. Just anything Come back on August (3 months after the halving) and your portfolio would be ×5 And x5 is just the bare minimum. Crypto is a gift.

r/CryptoCurrencySee Comment

Once a coin is over 120% from its Low I sell it and go invest in another coin that is <40% from its low. And for that case. I'm on Avax, YGG, JUV, ALGO, APE, MBOX, DOGE, OMG, COTI, DREP I don't chase shadows. I know when to walk OUT. And my plan has always worked. Because atmost 2 months this coin grown with over 90%. And that's good business for me. And if they fall, they hardly fall with more than 30%. I have a plan. And the market makers don't care if Solana has a project or anything. Sometimes it's like they move on their own. Maybe not! But all in all. My plan has always worked out for me.

r/CryptoCurrencySee Comment

In an area where nothing makes sense. I'm suprised APE hasn't moved much this run.

Mentions:#APE
r/CryptoCurrencySee Comment

im not here to spoil your cargo cult and its monopoly money. just keep playing like im not here. im just observing APE behaviour.

Mentions:#APE
r/CryptoCurrencySee Comment

APE shit(coin) I also bought, probably go nowhere. That one didn’t even feel good when I bought it, maybe it will surprise me.

Mentions:#APE
r/BitcoinSee Comment

I’m European ;) I kinda know what 401K is from the APE-a AMC battle but the same time I dont

Mentions:#APE#AMC
r/CryptoCurrencySee Comment

How do you guys feel about $APE?

Mentions:#APE
r/CryptoCurrencySee Comment

Tron or APE or a shit coin 700k to 0. Then ask hedge fund dad for 3-5m. Profit.

Mentions:#APE
r/CryptoCurrencySee Comment

AVAX, ADA, ALGO,APE, LUNA, HOT, There are other that needs a shout like MBOX, RUNE and ETC. Those are the few alt coins and shitcoins with an explosive burst of over 500%

r/CryptoCurrencySee Comment

LUNA, FLOKI, APE, SHIB & DOGE. It's hard to kill the cockroaches in crypto.

r/CryptoCurrencySee Comment

My APE is pumping just fine

Mentions:#APE
r/CryptoCurrencySee Comment

tldr; The decentralized exchange platform dYdX is preparing to unlock a significant portion of its tokens valued at around $500 million in December. This token unlock represents 30% of the allocated supply for investors, founders, and the project’s team. The price of DYDX has surged following the announcement of the unlock, which was initially scheduled for February but later postponed to December. Additionally, dYdX has allocated $9 million from its insurance fund to compensate for liquidations after a significant price drop of the YFI token. Other projects like Optimism, 1inch, Aptos, and APE are also gearing up for token unlocks in the coming weeks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#YFI#APE#DYOR
r/CryptoCurrencySee Comment

tldr; The article discusses the recent rally of ApeCoin (APE) following the announcement of the impending unlocking event of 15.6M APE tokens. The APE token has experienced a significant increase in value, reaching a three-month high and gaining 18% in the last 24 hours. The ApeCoin DAO is set to launch ApeChain, a Layer-2 scaling solution, and has struck a deal with Forj, a gaming subsidiary, to launch the ApeCoin Accelerator program. The impending unlocking event on December 17, 2023, is expected to release 15.6M APE tokens, representing 4.23% of the total supply. Despite the potential selling pressure, key on-chain signals remain bullish, and the APE token is currently trading at $1.63. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#APE#DAO#DYOR
r/CryptoCurrencySee Comment

Why is APE up? I don’t see anything out there on it

Mentions:#APE
r/CryptoCurrencySee Comment

APE and MAGIC are really starting to take off…

Mentions:#APE#MAGIC
r/CryptoCurrencySee Comment

Just buy APE and you dont need this sub anymore

Mentions:#APE
r/CryptoCurrencySee Comment

As I always say regardless of anything… Each to his or her own! How you read into anything I’ve said is up to you, you just take it or leave it… Fairly simple philosophy. I’m just saying that after I ‘DOYR’ I deduced that the Hedera Network out of all the coins out there has the greatest potential for actual use case in enterprise. That’s all I’m after and bothered about as that is my particular ‘Investment’… Some like ‘APE’ JPEG’s and are down like nearly $4M dollars and some like to get the most out of where they put their money!? Each to his or her own! Hello Future! It’s good to laugh! Haha Take a chill pill and do your own thang DUDE! Haha

r/CryptoCurrencySee Comment

What about APE, doesnt seem to come down

Mentions:#APE
r/CryptoCurrencySee Comment

What are people buying with their APE Coin gains?

Mentions:#APE
r/CryptoCurrencySee Comment

The Michael Saylor of APE, lol

Mentions:#APE
r/CryptoCurrencySee Comment

>These fads often lack staying power, I wouldn't say for sure. These "blue chip" NFT communities have a lot of members who come from very shady backgrounds as traders. They also got huge dry powder. I wouldn't be surprised if they orchestrate a supply squeeze and send APE parabolic just to dump on the next set of groups of dumb retailers chasing after easy money. Just look at Memeland's Memecoin. That shit just did 40X from no sensible reason because of a supply squeeze and possible manipulation by seasoned ETH market makers. One thing is for sure, ETH has got the shadiest characters who know how to run ponzis and crap to eat retail alive. Scums like Justin Sun are deeply involved in NFTs - think he has a BAYC for Twitter PFP. Scummy rich people with a lot of liquidity making fake pumps to save their vested interest shouldn't be surprising.

Mentions:#APE#ETH
r/CryptoCurrencySee Comment

I mean I don’t disagree with you but this is crypto where most coins being where they are don’t make sense. Dogecoin is a complete zero when it comes to use case but yet is still up tons from last bull market. If anything I say APE has at least one more powerful bull run left in it. I don’t own any and won’t buy it though I like too many other projects. Solana been ripping 🤑

Mentions:#APE
r/CryptoCurrencySee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by cryotosensei. > 1. ApeCoin was initially introduced to incentivise owners of the NFT collection Bored Ape Yacht Club released by YUGA Labs. Although its use cases have expanded to that of a form of currency in the Otherside (a metaverse project launched by YUGA Labs) and Benji Bananas (an Animoca Brands blockchain game), it appears that the success of $APE is largely tied to whether YUGA Labs will continue to do well and the degree of support it receives from users for its NFT projects like CryptoPunks and Bored Ape Yacht Club. In the event that other NFT projects shoot to prominence and wrestle away a significant portion of the market share from YUGA Labs, this could send $APE on a downward spiral. > 2. $APE is built on the Ethereum blockchain. While the Ethereum blockchain functions well and is reliable, its problems are well-documented: high congestion leading to high gas fees. At the point of writing, ETH gas fees are rather low due to the bear market, but they are unlikely to remain this low in the long run. In actual fact, the ApeCoin Decentralised Autonomous Organisation proposed for $APE to be migrated to other chains, but to no avail. Since even the ETH Merge won’t immediately lead to lower gas fees once completed, ApeCoin holders must keep sufficient ETH to account for the hefty gas fees. > 3. The allocation structure of $APE may not appeal to some retail investors. Although it has a substantial permanent supply of one billion tokens, only 62% of these tokens is channeled to the Ecosystem Fund. Even so, BAYC holders only get access to 150 million tokens. The remaining 38% is divided among three groups of stakeholders, with the percentage they are entitled to indicated in brackets: Yuga Labs and Charity (16%), Launch Contributors (14%), and BAYC Founders (8%). The rationale behind setting up an ApeCoin DAO to empower holders in governance polls is well-intentioned, but this begs the question: to which extent is an average $APE investor granted autonomy in the first place? ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#ETH#DAO
r/CryptoCurrencySee Comment

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by cryotosensei. > > Background > > ApeCoin ($APE) was an ERC-20 governance token that was launched on March 17, 2022. It is a social token associated with twoof the biggest NFT players, Bored Ape Yacht Club (BAYC) and Mutant Apes Yacht Club (MAYC). They will be used to engage these two communities and maintain dominance of the whole ecosystem. > > 1. Interestingly, $APE is not controlled by BAYC’s creator, YUGA Labs. Instead, it is operated by the ApeCoin Dao, a decentralised autonomous organization. This means that every $APE holder gets a say in deciding governance rules. Already, they have exercised their right. When YUGA Labs proposed for $APE to have its own blockchain, Layer-2/subnet, or other sidechain solution, an overwhelming majority (99.91%) of 196K ApeCoin holders voted in favour of Proposition 41 as they would rather ApeCoin remain in the Ethereum ecosystem instead of migrating to other chains. This enhances $APE holders’ sense of autonomy as they get to determine the future of their token. > 2. Besides being empowered with voting rights, $APE holders will find like they are in an exclusive club as they will get to access member perks and benefits, including access to rare merchandise, and invitations to face-to-face events. > 3. $APE offers utility as a form of currency. Firstly, this is because of the Otherside metaverse that was launched by Yuga Labs. Since $APE is employed as the standard currency in Otherside (e.g. minting of Otherside NFTs), its value soared, thus helping it to become the largest metaverse token by market capitalisation at one point in time. Plus, players of the Animoca Brands blockchain game, Benji Bananas, could use ApeCoin as an in-game currency to advance to higher levels. This applies to players of a play to earn game from nWay Play too. > > > References > https://chaindebrief.com/everything-you-need-to-know-apecoin/ > > https://decrypt.co/98829/apecoin-becomes-largest-metaverse-token-surpassing-mana-sand-axs > > https://cryptobriefing.com/apecoin-at-all-time-highs-ahead-of-otherside-nft-drop/ > > https://bit.ly/3LlxoMC > > https://www.gemini.com/cryptopedia/apecoin-ape-crypto-bayc-ape-token-crypto-yuga-labs-ape-board#section-use-cases-of-ape-coin ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE
r/CryptoCurrencySee Comment

It’s down like every other coin during a bear market. Even though I’m not that into NFT’s I’m sure APE will do well in this next bill run

Mentions:#APE
r/CryptoCurrencySee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by cryotosensei. > 1. ApeCoin was initially introduced to incentivise owners of the NFT collection Bored Ape Yacht Club released by YUGA Labs. Although its use cases have expanded to that of a form of currency in the Otherside (a metaverse project launched by YUGA Labs) and Benji Bananas (an Animoca Brands blockchain game), it appears that the success of $APE is largely tied to whether YUGA Labs will continue to do well and the degree of support it receives from users for its NFT projects like CryptoPunks and Bored Ape Yacht Club. In the event that other NFT projects shoot to prominence and wrestle away a significant portion of the market share from YUGA Labs, this could send $APE on a downward spiral. > 2. $APE is built on the Ethereum blockchain. While the Ethereum blockchain functions well and is reliable, its problems are well-documented: high congestion leading to high gas fees. At the point of writing, ETH gas fees are rather low due to the bear market, but they are unlikely to remain this low in the long run. In actual fact, the ApeCoin Decentralised Autonomous Organisation proposed for $APE to be migrated to other chains, but to no avail. Since even the ETH Merge won’t immediately lead to lower gas fees once completed, ApeCoin holders must keep sufficient ETH to account for the hefty gas fees. > 3. The allocation structure of $APE may not appeal to some retail investors. Although it has a substantial permanent supply of one billion tokens, only 62% of these tokens is channeled to the Ecosystem Fund. Even so, BAYC holders only get access to 150 million tokens. The remaining 38% is divided among three groups of stakeholders, with the percentage they are entitled to indicated in brackets: Yuga Labs and Charity (16%), Launch Contributors (14%), and BAYC Founders (8%). The rationale behind setting up an ApeCoin DAO to empower holders in governance polls is well-intentioned, but this begs the question: to which extent is an average $APE investor granted autonomy in the first place? ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#ETH#DAO
r/CryptoMarketsSee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by cryotosensei. > 1. ApeCoin was initially introduced to incentivise owners of the NFT collection Bored Ape Yacht Club released by YUGA Labs. Although its use cases have expanded to that of a form of currency in the Otherside (a metaverse project launched by YUGA Labs) and Benji Bananas (an Animoca Brands blockchain game), it appears that the success of $APE is largely tied to whether YUGA Labs will continue to do well and the degree of support it receives from users for its NFT projects like CryptoPunks and Bored Ape Yacht Club. In the event that other NFT projects shoot to prominence and wrestle away a significant portion of the market share from YUGA Labs, this could send $APE on a downward spiral. > 2. $APE is built on the Ethereum blockchain. While the Ethereum blockchain functions well and is reliable, its problems are well-documented: high congestion leading to high gas fees. At the point of writing, ETH gas fees are rather low due to the bear market, but they are unlikely to remain this low in the long run. In actual fact, the ApeCoin Decentralised Autonomous Organisation proposed for $APE to be migrated to other chains, but to no avail. Since even the ETH Merge won’t immediately lead to lower gas fees once completed, ApeCoin holders must keep sufficient ETH to account for the hefty gas fees. > 3. The allocation structure of $APE may not appeal to some retail investors. Although it has a substantial permanent supply of one billion tokens, only 62% of these tokens is channeled to the Ecosystem Fund. Even so, BAYC holders only get access to 150 million tokens. The remaining 38% is divided among three groups of stakeholders, with the percentage they are entitled to indicated in brackets: Yuga Labs and Charity (16%), Launch Contributors (14%), and BAYC Founders (8%). The rationale behind setting up an ApeCoin DAO to empower holders in governance polls is well-intentioned, but this begs the question: to which extent is an average $APE investor granted autonomy in the first place? ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#ETH#DAO
r/CryptoCurrencySee Comment

Some people are saying that a dip didn’t actually happen and that we are still in an uptrend. Maybe for BTC, but look at alts: APE -10% FTM- 8.5% INJ -7.5% XRP -5%. And everything else is now slowly bleeding down. Coincidentally the stock market is also going down

r/CryptoCurrencySee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by cryotosensei. > 1. ApeCoin was initially introduced to incentivise owners of the NFT collection Bored Ape Yacht Club released by YUGA Labs. Although its use cases have expanded to that of a form of currency in the Otherside (a metaverse project launched by YUGA Labs) and Benji Bananas (an Animoca Brands blockchain game), it appears that the success of $APE is largely tied to whether YUGA Labs will continue to do well and the degree of support it receives from users for its NFT projects like CryptoPunks and Bored Ape Yacht Club. In the event that other NFT projects shoot to prominence and wrestle away a significant portion of the market share from YUGA Labs, this could send $APE on a downward spiral. > 2. $APE is built on the Ethereum blockchain. While the Ethereum blockchain functions well and is reliable, its problems are well-documented: high congestion leading to high gas fees. At the point of writing, ETH gas fees are rather low due to the bear market, but they are unlikely to remain this low in the long run. In actual fact, the ApeCoin Decentralised Autonomous Organisation proposed for $APE to be migrated to other chains, but to no avail. Since even the ETH Merge won’t immediately lead to lower gas fees once completed, ApeCoin holders must keep sufficient ETH to account for the hefty gas fees. > 3. The allocation structure of $APE may not appeal to some retail investors. Although it has a substantial permanent supply of one billion tokens, only 62% of these tokens is channeled to the Ecosystem Fund. Even so, BAYC holders only get access to 150 million tokens. The remaining 38% is divided among three groups of stakeholders, with the percentage they are entitled to indicated in brackets: Yuga Labs and Charity (16%), Launch Contributors (14%), and BAYC Founders (8%). The rationale behind setting up an ApeCoin DAO to empower holders in governance polls is well-intentioned, but this begs the question: to which extent is an average $APE investor granted autonomy in the first place? ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#ETH#DAO
r/CryptoCurrencySee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by cryotosensei. > 1. ApeCoin was initially introduced to incentivise owners of the NFT collection Bored Ape Yacht Club released by YUGA Labs. Although its use cases have expanded to that of a form of currency in the Otherside (a metaverse project launched by YUGA Labs) and Benji Bananas (an Animoca Brands blockchain game), it appears that the success of $APE is largely tied to whether YUGA Labs will continue to do well and the degree of support it receives from users for its NFT projects like CryptoPunks and Bored Ape Yacht Club. In the event that other NFT projects shoot to prominence and wrestle away a significant portion of the market share from YUGA Labs, this could send $APE on a downward spiral. > 2. $APE is built on the Ethereum blockchain. While the Ethereum blockchain functions well and is reliable, its problems are well-documented: high congestion leading to high gas fees. At the point of writing, ETH gas fees are rather low due to the bear market, but they are unlikely to remain this low in the long run. In actual fact, the ApeCoin Decentralised Autonomous Organisation proposed for $APE to be migrated to other chains, but to no avail. Since even the ETH Merge won’t immediately lead to lower gas fees once completed, ApeCoin holders must keep sufficient ETH to account for the hefty gas fees. > 3. The allocation structure of $APE may not appeal to some retail investors. Although it has a substantial permanent supply of one billion tokens, only 62% of these tokens is channeled to the Ecosystem Fund. Even so, BAYC holders only get access to 150 million tokens. The remaining 38% is divided among three groups of stakeholders, with the percentage they are entitled to indicated in brackets: Yuga Labs and Charity (16%), Launch Contributors (14%), and BAYC Founders (8%). The rationale behind setting up an ApeCoin DAO to empower holders in governance polls is well-intentioned, but this begs the question: to which extent is an average $APE investor granted autonomy in the first place? ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#ETH#DAO
r/CryptoCurrencySee Comment

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by noxtrifle. > ApeCoin is an ERC-20 token made by Yuga Labs, the company behind the sporadically successful Bored Ape Yacht Club NFT collection. It was created as a means to "empower and incentivize a decentralized community building at the forefront of web3" [\[CoinMarketCap\]](https://coinmarketcap.com/currencies/apecoin-ape/). Though the NFT market is gradually declining in popularity, ApeCoin might just have a chance of survival. This is why: > > * **470,000,000 tokens, or $2,096,200,000 to be dedicated to the community** > * According to [their website](https://apecoin.com/about), over $2B (at current prices) will be released gradually through vesting periods to the treasury, which has the ultimate goal of funding community projects. > * Hence, the money will likely go towards innovating in the APE ecosystem, improving the blockchain, and funding the upcomingstaking system. > * **DAO Status** > * Also being a DAO currently worth over $1B, ApeCoin holds incredible power over the crypto sphere and has the capability to purchase & fund promising projects at will, making for a better experience for everyone. > * **Upcoming Staking System** > * With a staking system having been voted in with [AIP-21](https://messari.io/governor/proposal/33db0781-fcd1-4bdd-93f4-208fcc52246a) and AIP-22, it has been stipulated that [17.5% of the total supply](https://coinquora.com/apecoin-price-may-explode-with-aip-21-22-staking-update/) will be used (over three years) to fund the staking of ApeCoin. > * As such, it is highly likely that APE will increase in value as investors get drawn in by the upcoming staking system. > * **Celebrity Ownership** > * ApeCoin was airdropped to all BAYC holders, including several celebrities like Mark Cuban, Stephen Curry, Neymar, Serena Williams, Justin Bieber, and [many more.](https://boardroom.tv/bored-ape-nft-celebrity-owners/) > * Given that all these people are invested in APE, it is likely that ApeCoin will only rise in popularity. Just look at Dogecoin, and it was not backed by nearly as many people. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#DAO
r/CryptoCurrencySee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by cryotosensei. > 1. ApeCoin was initially introduced to incentivise owners of the NFT collection Bored Ape Yacht Club released by YUGA Labs. Although its use cases have expanded to that of a form of currency in the Otherside (a metaverse project launched by YUGA Labs) and Benji Bananas (an Animoca Brands blockchain game), it appears that the success of $APE is largely tied to whether YUGA Labs will continue to do well and the degree of support it receives from users for its NFT projects like CryptoPunks and Bored Ape Yacht Club. In the event that other NFT projects shoot to prominence and wrestle away a significant portion of the market share from YUGA Labs, this could send $APE on a downward spiral. > 2. $APE is built on the Ethereum blockchain. While the Ethereum blockchain functions well and is reliable, its problems are well-documented: high congestion leading to high gas fees. At the point of writing, ETH gas fees are rather low due to the bear market, but they are unlikely to remain this low in the long run. In actual fact, the ApeCoin Decentralised Autonomous Organisation proposed for $APE to be migrated to other chains, but to no avail. Since even the ETH Merge won’t immediately lead to lower gas fees once completed, ApeCoin holders must keep sufficient ETH to account for the hefty gas fees. > 3. The allocation structure of $APE may not appeal to some retail investors. Although it has a substantial permanent supply of one billion tokens, only 62% of these tokens is channeled to the Ecosystem Fund. Even so, BAYC holders only get access to 150 million tokens. The remaining 38% is divided among three groups of stakeholders, with the percentage they are entitled to indicated in brackets: Yuga Labs and Charity (16%), Launch Contributors (14%), and BAYC Founders (8%). The rationale behind setting up an ApeCoin DAO to empower holders in governance polls is well-intentioned, but this begs the question: to which extent is an average $APE investor granted autonomy in the first place? ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#ETH#DAO
r/CryptoMarketsSee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by bkcrypt0. > # Ape Coin Apes Real Crypto, but Without a Purpose > > # Background > > First there was the NFT craze with Bored Ape Yacht Club growing a following and a selling a ton of generated digital images fetching millions of dollars a piece. There were ones with funny hats, and expressions, and clothes, and laser eyes (how collectible!), but the underlying "art" was pretty much the same. The experiment proved there's a buyer for practically anything out there. > > Then came the social club that only BAYC NFT holders could attend. They even rented out a warehouse space in NYC with DJs, drinks, and a "don't you wish your NFTs were as cool as mine" vibe. > > Don't forget the mediocre cartoon featuring all your favorite apes who wait in line to escape a dying planet (oh the symbolism, how smug). > > If that wasn't enough, now there's APE coin, initially airdropped to NFT holders as another benefit of being in the club, but now available to anyone who wants to plunk down some hard earned cash on a purely speculative digital "asset." > > # Analysis > > Trouble is, the NFT ship has sailed (and the APE NFT values are plummeting based on floor price data.) This was meant to rival the Doge fans and their fanatical adherence to a private club of crypto holders that does nothing except circulate money from fiat to DOGE to other crypto and back again (the greater fool theory at work, except some got insanely rich off the grift.) > > APE coin failed to reach critical mass before the market tanked, and they didn't get the Musk nod to give it enhanced credibility like by being used for Tesla merch (how many Doge holders really care about Tesla merch?), so the coin languishes like the majority of alts (not all of them, at least not ones that actually do something.) > > Purely on the technicals at time of writing APE coin is off 80% from its high of over $25 with a little under **30% of its one billion tokens in circulation**. Imagine when the rest of that supply hits the market. > > What is APE coin used for? It's an ERC-20 token used for APE community DAO governance (and some online metaverse features.) How many people are buying Ape Coin to be able to vote in governance? > > # Conclusion > > Not every crypto has to have utility just like anything else that sells in the physical world (beanie babies and chia pets all had some value to the people who bought them.) > > They may look good on a shelf somewhere, but that doesn't make them a good investment (only a few beanie babies are actually worth significant money.) > > There's no tech here, no unique use case, no problems solved. Ape Coin is strictly a hyped crypto token with minimal value beyond the hype. As long as that machine keeps working it may sustain itself, but that's a risky bet by any definition. > > Otherwise it's all smoke and mirrors until the carnival closes and the mope in the ape suit vaping out back is left to wonder how to pay next month's bills. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#DOGE#DAO
r/CryptoMarketsSee Comment

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by cryotosensei. > > Background > > ApeCoin ($APE) was an ERC-20 governance token that was launched on March 17, 2022. It is a social token associated with twoof the biggest NFT players, Bored Ape Yacht Club (BAYC) and Mutant Apes Yacht Club (MAYC). They will be used to engage these two communities and maintain dominance of the whole ecosystem. > > 1. Interestingly, $APE is not controlled by BAYC’s creator, YUGA Labs. Instead, it is operated by the ApeCoin Dao, a decentralised autonomous organization. This means that every $APE holder gets a say in deciding governance rules. Already, they have exercised their right. When YUGA Labs proposed for $APE to have its own blockchain, Layer-2/subnet, or other sidechain solution, an overwhelming majority (99.91%) of 196K ApeCoin holders voted in favour of Proposition 41 as they would rather ApeCoin remain in the Ethereum ecosystem instead of migrating to other chains. This enhances $APE holders’ sense of autonomy as they get to determine the future of their token. > 2. Besides being empowered with voting rights, $APE holders will find like they are in an exclusive club as they will get to access member perks and benefits, including access to rare merchandise, and invitations to face-to-face events. > 3. $APE offers utility as a form of currency. Firstly, this is because of the Otherside metaverse that was launched by Yuga Labs. Since $APE is employed as the standard currency in Otherside (e.g. minting of Otherside NFTs), its value soared, thus helping it to become the largest metaverse token by market capitalisation at one point in time. Plus, players of the Animoca Brands blockchain game, Benji Bananas, could use ApeCoin as an in-game currency to advance to higher levels. This applies to players of a play to earn game from nWay Play too. > > > References > https://chaindebrief.com/everything-you-need-to-know-apecoin/ > > https://decrypt.co/98829/apecoin-becomes-largest-metaverse-token-surpassing-mana-sand-axs > > https://cryptobriefing.com/apecoin-at-all-time-highs-ahead-of-otherside-nft-drop/ > > https://bit.ly/3LlxoMC > > https://www.gemini.com/cryptopedia/apecoin-ape-crypto-bayc-ape-token-crypto-yuga-labs-ape-board#section-use-cases-of-ape-coin ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE
r/CryptoCurrencySee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by cryotosensei. > 1. ApeCoin was initially introduced to incentivise owners of the NFT collection Bored Ape Yacht Club released by YUGA Labs. Although its use cases have expanded to that of a form of currency in the Otherside (a metaverse project launched by YUGA Labs) and Benji Bananas (an Animoca Brands blockchain game), it appears that the success of $APE is largely tied to whether YUGA Labs will continue to do well and the degree of support it receives from users for its NFT projects like CryptoPunks and Bored Ape Yacht Club. In the event that other NFT projects shoot to prominence and wrestle away a significant portion of the market share from YUGA Labs, this could send $APE on a downward spiral. > 2. $APE is built on the Ethereum blockchain. While the Ethereum blockchain functions well and is reliable, its problems are well-documented: high congestion leading to high gas fees. At the point of writing, ETH gas fees are rather low due to the bear market, but they are unlikely to remain this low in the long run. In actual fact, the ApeCoin Decentralised Autonomous Organisation proposed for $APE to be migrated to other chains, but to no avail. Since even the ETH Merge won’t immediately lead to lower gas fees once completed, ApeCoin holders must keep sufficient ETH to account for the hefty gas fees. > 3. The allocation structure of $APE may not appeal to some retail investors. Although it has a substantial permanent supply of one billion tokens, only 62% of these tokens is channeled to the Ecosystem Fund. Even so, BAYC holders only get access to 150 million tokens. The remaining 38% is divided among three groups of stakeholders, with the percentage they are entitled to indicated in brackets: Yuga Labs and Charity (16%), Launch Contributors (14%), and BAYC Founders (8%). The rationale behind setting up an ApeCoin DAO to empower holders in governance polls is well-intentioned, but this begs the question: to which extent is an average $APE investor granted autonomy in the first place? ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#ETH#DAO
r/CryptoCurrencySee Comment

tldr; ApeCoin (APE) has maintained a bullish stance despite the upcoming $22 million token unlock event. The memecoin has seen a 40% increase since hitting rock bottom and has partnered with Animoca Brands to launch the APE Accelerator. The token unlock event will release 15.6 million APE coins, representing 4.23% of the circulating supply. ApeCoin DAO and Yuga Labs have been restructuring since the NFT hype faded. The article emphasizes the importance of finding utility for alternative cryptocurrencies to sustain long-term value. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#APE#DAO#DYOR
r/CryptoMarketsSee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by bkcrypt0. > # Ape Coin Apes Real Crypto, but Without a Purpose > > # Background > > First there was the NFT craze with Bored Ape Yacht Club growing a following and a selling a ton of generated digital images fetching millions of dollars a piece. There were ones with funny hats, and expressions, and clothes, and laser eyes (how collectible!), but the underlying "art" was pretty much the same. The experiment proved there's a buyer for practically anything out there. > > Then came the social club that only BAYC NFT holders could attend. They even rented out a warehouse space in NYC with DJs, drinks, and a "don't you wish your NFTs were as cool as mine" vibe. > > Don't forget the mediocre cartoon featuring all your favorite apes who wait in line to escape a dying planet (oh the symbolism, how smug). > > If that wasn't enough, now there's APE coin, initially airdropped to NFT holders as another benefit of being in the club, but now available to anyone who wants to plunk down some hard earned cash on a purely speculative digital "asset." > > # Analysis > > Trouble is, the NFT ship has sailed (and the APE NFT values are plummeting based on floor price data.) This was meant to rival the Doge fans and their fanatical adherence to a private club of crypto holders that does nothing except circulate money from fiat to DOGE to other crypto and back again (the greater fool theory at work, except some got insanely rich off the grift.) > > APE coin failed to reach critical mass before the market tanked, and they didn't get the Musk nod to give it enhanced credibility like by being used for Tesla merch (how many Doge holders really care about Tesla merch?), so the coin languishes like the majority of alts (not all of them, at least not ones that actually do something.) > > Purely on the technicals at time of writing APE coin is off 80% from its high of over $25 with a little under **30% of its one billion tokens in circulation**. Imagine when the rest of that supply hits the market. > > What is APE coin used for? It's an ERC-20 token used for APE community DAO governance (and some online metaverse features.) How many people are buying Ape Coin to be able to vote in governance? > > # Conclusion > > Not every crypto has to have utility just like anything else that sells in the physical world (beanie babies and chia pets all had some value to the people who bought them.) > > They may look good on a shelf somewhere, but that doesn't make them a good investment (only a few beanie babies are actually worth significant money.) > > There's no tech here, no unique use case, no problems solved. Ape Coin is strictly a hyped crypto token with minimal value beyond the hype. As long as that machine keeps working it may sustain itself, but that's a risky bet by any definition. > > Otherwise it's all smoke and mirrors until the carnival closes and the mope in the ape suit vaping out back is left to wonder how to pay next month's bills. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#DOGE#DAO
r/CryptoMarketsSee Comment

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by cryotosensei. > > Background > > ApeCoin ($APE) was an ERC-20 governance token that was launched on March 17, 2022. It is a social token associated with twoof the biggest NFT players, Bored Ape Yacht Club (BAYC) and Mutant Apes Yacht Club (MAYC). They will be used to engage these two communities and maintain dominance of the whole ecosystem. > > 1. Interestingly, $APE is not controlled by BAYC’s creator, YUGA Labs. Instead, it is operated by the ApeCoin Dao, a decentralised autonomous organization. This means that every $APE holder gets a say in deciding governance rules. Already, they have exercised their right. When YUGA Labs proposed for $APE to have its own blockchain, Layer-2/subnet, or other sidechain solution, an overwhelming majority (99.91%) of 196K ApeCoin holders voted in favour of Proposition 41 as they would rather ApeCoin remain in the Ethereum ecosystem instead of migrating to other chains. This enhances $APE holders’ sense of autonomy as they get to determine the future of their token. > 2. Besides being empowered with voting rights, $APE holders will find like they are in an exclusive club as they will get to access member perks and benefits, including access to rare merchandise, and invitations to face-to-face events. > 3. $APE offers utility as a form of currency. Firstly, this is because of the Otherside metaverse that was launched by Yuga Labs. Since $APE is employed as the standard currency in Otherside (e.g. minting of Otherside NFTs), its value soared, thus helping it to become the largest metaverse token by market capitalisation at one point in time. Plus, players of the Animoca Brands blockchain game, Benji Bananas, could use ApeCoin as an in-game currency to advance to higher levels. This applies to players of a play to earn game from nWay Play too. > > > References > https://chaindebrief.com/everything-you-need-to-know-apecoin/ > > https://decrypt.co/98829/apecoin-becomes-largest-metaverse-token-surpassing-mana-sand-axs > > https://cryptobriefing.com/apecoin-at-all-time-highs-ahead-of-otherside-nft-drop/ > > https://bit.ly/3LlxoMC > > https://www.gemini.com/cryptopedia/apecoin-ape-crypto-bayc-ape-token-crypto-yuga-labs-ape-board#section-use-cases-of-ape-coin ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE
r/CryptoCurrencySee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by cryotosensei. > 1. ApeCoin was initially introduced to incentivise owners of the NFT collection Bored Ape Yacht Club released by YUGA Labs. Although its use cases have expanded to that of a form of currency in the Otherside (a metaverse project launched by YUGA Labs) and Benji Bananas (an Animoca Brands blockchain game), it appears that the success of $APE is largely tied to whether YUGA Labs will continue to do well and the degree of support it receives from users for its NFT projects like CryptoPunks and Bored Ape Yacht Club. In the event that other NFT projects shoot to prominence and wrestle away a significant portion of the market share from YUGA Labs, this could send $APE on a downward spiral. > 2. $APE is built on the Ethereum blockchain. While the Ethereum blockchain functions well and is reliable, its problems are well-documented: high congestion leading to high gas fees. At the point of writing, ETH gas fees are rather low due to the bear market, but they are unlikely to remain this low in the long run. In actual fact, the ApeCoin Decentralised Autonomous Organisation proposed for $APE to be migrated to other chains, but to no avail. Since even the ETH Merge won’t immediately lead to lower gas fees once completed, ApeCoin holders must keep sufficient ETH to account for the hefty gas fees. > 3. The allocation structure of $APE may not appeal to some retail investors. Although it has a substantial permanent supply of one billion tokens, only 62% of these tokens is channeled to the Ecosystem Fund. Even so, BAYC holders only get access to 150 million tokens. The remaining 38% is divided among three groups of stakeholders, with the percentage they are entitled to indicated in brackets: Yuga Labs and Charity (16%), Launch Contributors (14%), and BAYC Founders (8%). The rationale behind setting up an ApeCoin DAO to empower holders in governance polls is well-intentioned, but this begs the question: to which extent is an average $APE investor granted autonomy in the first place? ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#ETH#DAO
r/CryptoMarketsSee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by bkcrypt0. > # Ape Coin Apes Real Crypto, but Without a Purpose > > # Background > > First there was the NFT craze with Bored Ape Yacht Club growing a following and a selling a ton of generated digital images fetching millions of dollars a piece. There were ones with funny hats, and expressions, and clothes, and laser eyes (how collectible!), but the underlying "art" was pretty much the same. The experiment proved there's a buyer for practically anything out there. > > Then came the social club that only BAYC NFT holders could attend. They even rented out a warehouse space in NYC with DJs, drinks, and a "don't you wish your NFTs were as cool as mine" vibe. > > Don't forget the mediocre cartoon featuring all your favorite apes who wait in line to escape a dying planet (oh the symbolism, how smug). > > If that wasn't enough, now there's APE coin, initially airdropped to NFT holders as another benefit of being in the club, but now available to anyone who wants to plunk down some hard earned cash on a purely speculative digital "asset." > > # Analysis > > Trouble is, the NFT ship has sailed (and the APE NFT values are plummeting based on floor price data.) This was meant to rival the Doge fans and their fanatical adherence to a private club of crypto holders that does nothing except circulate money from fiat to DOGE to other crypto and back again (the greater fool theory at work, except some got insanely rich off the grift.) > > APE coin failed to reach critical mass before the market tanked, and they didn't get the Musk nod to give it enhanced credibility like by being used for Tesla merch (how many Doge holders really care about Tesla merch?), so the coin languishes like the majority of alts (not all of them, at least not ones that actually do something.) > > Purely on the technicals at time of writing APE coin is off 80% from its high of over $25 with a little under **30% of its one billion tokens in circulation**. Imagine when the rest of that supply hits the market. > > What is APE coin used for? It's an ERC-20 token used for APE community DAO governance (and some online metaverse features.) How many people are buying Ape Coin to be able to vote in governance? > > # Conclusion > > Not every crypto has to have utility just like anything else that sells in the physical world (beanie babies and chia pets all had some value to the people who bought them.) > > They may look good on a shelf somewhere, but that doesn't make them a good investment (only a few beanie babies are actually worth significant money.) > > There's no tech here, no unique use case, no problems solved. Ape Coin is strictly a hyped crypto token with minimal value beyond the hype. As long as that machine keeps working it may sustain itself, but that's a risky bet by any definition. > > Otherwise it's all smoke and mirrors until the carnival closes and the mope in the ape suit vaping out back is left to wonder how to pay next month's bills. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#DOGE#DAO
r/CryptoMarketsSee Comment

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by noxtrifle. > ApeCoin is an ERC-20 token made by Yuga Labs, the company behind the sporadically successful Bored Ape Yacht Club NFT collection. It was created as a means to "empower and incentivize a decentralized community building at the forefront of web3" [\[CoinMarketCap\]](https://coinmarketcap.com/currencies/apecoin-ape/). Though the NFT market is gradually declining in popularity, ApeCoin might just have a chance of survival. This is why: > > * **470,000,000 tokens, or $2,096,200,000 to be dedicated to the community** > * According to [their website](https://apecoin.com/about), over $2B (at current prices) will be released gradually through vesting periods to the treasury, which has the ultimate goal of funding community projects. > * Hence, the money will likely go towards innovating in the APE ecosystem, improving the blockchain, and funding the upcomingstaking system. > * **DAO Status** > * Also being a DAO currently worth over $1B, ApeCoin holds incredible power over the crypto sphere and has the capability to purchase & fund promising projects at will, making for a better experience for everyone. > * **Upcoming Staking System** > * With a staking system having been voted in with [AIP-21](https://messari.io/governor/proposal/33db0781-fcd1-4bdd-93f4-208fcc52246a) and AIP-22, it has been stipulated that [17.5% of the total supply](https://coinquora.com/apecoin-price-may-explode-with-aip-21-22-staking-update/) will be used (over three years) to fund the staking of ApeCoin. > * As such, it is highly likely that APE will increase in value as investors get drawn in by the upcoming staking system. > * **Celebrity Ownership** > * ApeCoin was airdropped to all BAYC holders, including several celebrities like Mark Cuban, Stephen Curry, Neymar, Serena Williams, Justin Bieber, and [many more.](https://boardroom.tv/bored-ape-nft-celebrity-owners/) > * Given that all these people are invested in APE, it is likely that ApeCoin will only rise in popularity. Just look at Dogecoin, and it was not backed by nearly as many people. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#DAO
r/CryptoMarketsSee Comment

#Apecoin Con-Arguments Below is a Apecoin con-argument written by bkcrypt0. > # Ape Coin Apes Real Crypto, but Without a Purpose > > # Background > > First there was the NFT craze with Bored Ape Yacht Club growing a following and a selling a ton of generated digital images fetching millions of dollars a piece. There were ones with funny hats, and expressions, and clothes, and laser eyes (how collectible!), but the underlying "art" was pretty much the same. The experiment proved there's a buyer for practically anything out there. > > Then came the social club that only BAYC NFT holders could attend. They even rented out a warehouse space in NYC with DJs, drinks, and a "don't you wish your NFTs were as cool as mine" vibe. > > Don't forget the mediocre cartoon featuring all your favorite apes who wait in line to escape a dying planet (oh the symbolism, how smug). > > If that wasn't enough, now there's APE coin, initially airdropped to NFT holders as another benefit of being in the club, but now available to anyone who wants to plunk down some hard earned cash on a purely speculative digital "asset." > > # Analysis > > Trouble is, the NFT ship has sailed (and the APE NFT values are plummeting based on floor price data.) This was meant to rival the Doge fans and their fanatical adherence to a private club of crypto holders that does nothing except circulate money from fiat to DOGE to other crypto and back again (the greater fool theory at work, except some got insanely rich off the grift.) > > APE coin failed to reach critical mass before the market tanked, and they didn't get the Musk nod to give it enhanced credibility like by being used for Tesla merch (how many Doge holders really care about Tesla merch?), so the coin languishes like the majority of alts (not all of them, at least not ones that actually do something.) > > Purely on the technicals at time of writing APE coin is off 80% from its high of over $25 with a little under **30% of its one billion tokens in circulation**. Imagine when the rest of that supply hits the market. > > What is APE coin used for? It's an ERC-20 token used for APE community DAO governance (and some online metaverse features.) How many people are buying Ape Coin to be able to vote in governance? > > # Conclusion > > Not every crypto has to have utility just like anything else that sells in the physical world (beanie babies and chia pets all had some value to the people who bought them.) > > They may look good on a shelf somewhere, but that doesn't make them a good investment (only a few beanie babies are actually worth significant money.) > > There's no tech here, no unique use case, no problems solved. Ape Coin is strictly a hyped crypto token with minimal value beyond the hype. As long as that machine keeps working it may sustain itself, but that's a risky bet by any definition. > > Otherwise it's all smoke and mirrors until the carnival closes and the mope in the ape suit vaping out back is left to wonder how to pay next month's bills. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE#DOGE#DAO
r/CryptoMarketsSee Comment

#Apecoin Pro-Arguments Below is a Apecoin pro-argument written by cryotosensei. > > Background > > ApeCoin ($APE) was an ERC-20 governance token that was launched on March 17, 2022. It is a social token associated with twoof the biggest NFT players, Bored Ape Yacht Club (BAYC) and Mutant Apes Yacht Club (MAYC). They will be used to engage these two communities and maintain dominance of the whole ecosystem. > > 1. Interestingly, $APE is not controlled by BAYC’s creator, YUGA Labs. Instead, it is operated by the ApeCoin Dao, a decentralised autonomous organization. This means that every $APE holder gets a say in deciding governance rules. Already, they have exercised their right. When YUGA Labs proposed for $APE to have its own blockchain, Layer-2/subnet, or other sidechain solution, an overwhelming majority (99.91%) of 196K ApeCoin holders voted in favour of Proposition 41 as they would rather ApeCoin remain in the Ethereum ecosystem instead of migrating to other chains. This enhances $APE holders’ sense of autonomy as they get to determine the future of their token. > 2. Besides being empowered with voting rights, $APE holders will find like they are in an exclusive club as they will get to access member perks and benefits, including access to rare merchandise, and invitations to face-to-face events. > 3. $APE offers utility as a form of currency. Firstly, this is because of the Otherside metaverse that was launched by Yuga Labs. Since $APE is employed as the standard currency in Otherside (e.g. minting of Otherside NFTs), its value soared, thus helping it to become the largest metaverse token by market capitalisation at one point in time. Plus, players of the Animoca Brands blockchain game, Benji Bananas, could use ApeCoin as an in-game currency to advance to higher levels. This applies to players of a play to earn game from nWay Play too. > > > References > https://chaindebrief.com/everything-you-need-to-know-apecoin/ > > https://decrypt.co/98829/apecoin-becomes-largest-metaverse-token-surpassing-mana-sand-axs > > https://cryptobriefing.com/apecoin-at-all-time-highs-ahead-of-otherside-nft-drop/ > > https://bit.ly/3LlxoMC > > https://www.gemini.com/cryptopedia/apecoin-ape-crypto-bayc-ape-token-crypto-yuga-labs-ape-board#section-use-cases-of-ape-coin ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Apecoin) to find submissions for other topics.

Mentions:#APE
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