Did you know that more than 20 percent of adults in the United States of America own cryptocurrencies? One of the biggest coins to keep an eye on if you're looking to start investing in crypto is Apecoin. You might wonder, "What is Apecoin, and is Apecoin another meme coin that will flounder in the future?"
Those are fair questions to ask, especially if you're facing the prospect of investing thousands of dollars into this fungible token. It's always best to research and learn more about what you're investing in.
The good news is that you've found the perfect guide to learning all about Apecoin (APE) and the Bored Ape Yacht Club. Keep reading to start investing in NFT collections!
What Is Apecoin?
Apecoin is a fungible token that you can invest your hard earned money into if you're looking to dip your toes in the cryptocurrency waters. It uses the Ethereum blockchain, which acts as the form of governance for the coin. It is a big part of the web3 projects that are ongoing with developers.
You'll find that a number of people collaborated to make Apecoin (APE) a success. The Bored Ape Yacht Club is a major player behind this coin, as is Yuga Labs. The main use for this meme coin was to purchase land in the Metaverse and for in-game currency on web3. You can visit this page to learn more about buying Apecoin.
Benefits of Apecoin (APE)
A big benefit of choosing to invest in Apecoin is the fact that it is certified as a safe form of crypto to purchase by Certik. Certik is the gold standard when it comes to rating cryptocurrencies based on security, so you can rest assured that you aren't getting scammed when you buy Apecoin.
Apecoin also shows impressive trading volume, making it a great option if you're a new investor in crypto. The fact is that Apecoin is more valuable than many large corporations in the United States, making it a great asset to add to your investment portfolio.
It's also a fungible token that is growing in popularity as time passes. With the success of the Bored Ape Yacht Club and other successful NFT collections, it should come as no surprise that Apecoin has a large following. Bored Ape Yacht Club has one of the most vibrant and healthy ecosystems out there, making Apecoin a great option if you're not quite ready to invest in Bitcoin.
Now You're Ready to Purchase Apecoin
Learning more about what is Apecoin is vital if you want to diversify your investment portfolio with a fungible token that offers a ton of benefits and potential. This meme coin was developed by the Bored Ape Yacht Club to aid in web3 development, but it has gained value and popularity. Best of all, it is one of the most secure forms of cryptocurrency on the market today.
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