ApeCoin (APE), the native token of Bored Ape Yacht Club (BAYC), one of the world’s most popular NFT collections, will unlock 25 million of them throughout the week.
ApeCoin, one of the most popular cryptocurrencies of recent times, issued for the development of the Bored Ape community. 16-22 between September 25 million unlocked will open.
The total supply of ApeCoin 1 billion at the moment 314 million on the market. With this unlock 1 billion dollars approximate total supply 35% of will be in circulation.
Total 1 Billion APE supply 62% ecosystem to your fund, 16% is the issuer company of ApeCoin to Yuga Labs, 8% if Bored Ape is reserved for its founders.
The section reserved for Yuga Labs and the Bored Ape founders is expected to be unlocked in March 2023.
According to CoinGecko data, in the last 24-hour period 5% drop living ApeCoin (APE), from $4.84 is being traded.