Do you know your Ethereum from your Bitcoin? If so maybe you’ve heard of Apecoin?
No, it’s not a new currency for apes. It’s a relatively new cryptocurrency that’s making waves in the blockchain community.
In fact, its total market capitalization is about $4.1 billion.
It has only been around for six months. However, its value has risen dramatically. In this post, we’ll reveal a few things you should know about Apecoin before investing in it—and it’s worth your time and money.
Let’s dive into it.
It’s Unique Among Cryptocurrencies
Apecoin is a community coin, meaning that its value and purpose drive the community. It’s not backed by any government or institution, so it’s free to use however users see fit.
This can be good news for people who want more financial independence, but it also means that Apecoin doesn’t have any kind of backing when it comes to its value in other currencies (like dollars). So if you buy Apecoins thinking they’ll be worth more later on, there’s no guarantee they will be—you’ll just have to wait and see how things go!
Its Creators Are Anonymous
The fact that the creators of ApeCoin are the founders of Reddit should show you how successful it is likely to be. This is one of the main reasons why many people decide to get involved with the project.
ApeCoin is a community coin. It seeks to help people learn about crypto and blockchain technology. It’s not a scam coin, and its mission is noble: to make cryptocurrencies accessible for everyone with no hassle or hassle at all.
The name of ApeCoin comes from the word “Ape,” which was used by some researchers as an acronym for Automatic Payment Exchange (APEX). The goal was to create something that could be used by apes (people who do not understand crypto) and other animals alike!
There are many reasons why you should invest in this project right now.
It’s a Community Coin
ApeCoin is a community-driven coin, which means the community rewards users for their participation. Indeed the high volatility is a good thing for making some money if you time it right. The coin is built on the Ethereum blockchain and used to reward users for sharing content with other users.
It also allows users to pay for content from merchants on the ApeCoin network. Users can also earn ApeCoins by referring others who sign up for an account using their referral code (or link).
There Is Only a Limited Supply of Apecoin
There is a limited supply of Apecoin. There will only ever be 5 million Apecoins and that’s it.
Why is this important? Because as the demand for Apecoin increases over time, so will its value. In other words: if you hold onto 1 Apecoin today and then sell it in five years for $10 each, you would make $500 profit!
Apecoin Is a Good Investment
ApeCoin is a good investment for a cryptocurrency. The value of ApeCoin and the Apecoin price will continue to rise over time. The more people use it, the higher its value will become.
ApeCoin has a limited supply of currencies, so if you want to get in on the ground floor with this one, now’s your chance! Apecoin is also a community coin – all members of the community can contribute something for free.
This means that whatever you are willing to offer when asked by other users will be accepted and appreciated by them – no matter how small or insignificant it may seem at first glance. With this kind of support from within its own ranks, we can expect Ape Coin’s popularity (and therefore its market value) to grow even faster than before!
Apecoin Is Great
Apecoin is a great cryptocurrency to consider. The fact that there is a limited supply means it is unlikely to inflate to a high degree. It’s also a community coin, bringing you closer to get with other crypto investors and creators.
For more be sure to check out the rest of our Apecoin and crypto.