![Bored Ape Yacht Club launches its own coin Apecoin](https://www.apparata.nl/files/2022/03/apecoin-munt-393.jpg)
An exclusive coin belongs to an exclusive club. At least, that’s what you might think. The Bored Ape Yacht Club now comes with the Apecoin.
The Bored Ape Yacht Club (BYAC) is one of the most exclusive clubs when it comes to NFTs. Several celebrities own an NFT of the club. The exclusivity is not only in the members, but also in the prices. The cheapest NFT already costs more than 150,000 euros. Trading is via Ethereum, but the BYAC has now launched its own cryptocurrency called ApeCoin with the abbreviation APE.
The ApeCoin has on Coinmarketcap currently worth more than 10 euros per coin. It’s a bit like a hype reminiscent of Dogecoin. Is this going to be a coin that will explode in 2022? Hard to say and certainly don’t invest based on speculation. Realize that there is now a huge hype around the new currency. Members of the BYAC can claim their own ApeCoin and have 90 days to do so. 10,000 will be distributed.
Trading in ApeCoin will soon really get going with a listing on major exchanges. You will soon find APE there. Binance, ByBit, Kraken and KuCoin, among others, have already indicated that they will include APE in the offer.
†