ApeCoin (APE) is the governance and utility token that fuels the decentralized APE ecosystem, which includes the renowned Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections on Ethereum. The APE team emphasizes that culture, art, gaming, entertainment, and events are evolving in the Web3 era, with APE being a community-driven token aimed at supporting future advancements.

APE is a token governed and created by its community with the goal of backing initiatives that steer culture towards the metaverse. The APE Foundation oversees ApeCoin and acts as the core layer for ApeCoin holders in the ApeCoin DAO, although it does not hold a supervisory role. Its purpose is to facilitate decentralized and community-led governance, gradually becoming fully decentralized.

The DAO members will use the APE Improvement Proposal Process to make decisions related to Ecosystem Fund allocations, governance rules, projects, partnerships, and more. Membership in the ApeCoin DAO is open to all ApeCoin holders. APE is described as an ERC-20 governance and utility token within the APE ecosystem, supporting a decentralized community structure at the forefront of Web3.

APE Coin generated considerable buzz within the ecosystem, largely driven by the popularity of the NFT collections BAYC and MAYC. Seen as the cryptocurrency for these projects, APE captured investors' interest. Its subsequent listing on numerous cryptocurrency exchanges added to the excitement. The total supply of ApeCoin is fixed at 1 billion tokens, ensuring rarity and value over time.

Users wishing to purchase APE Coin can do so through Binance, the world's largest cryptocurrency trading platform by volume. After registering, transferring fiat money like dollars, users can trade APE in pairs such as Bitcoin (BTC), BUSD, and Tether (USDT). Additionally, users can place limit orders to buy APE at a desired price.