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FINTECH | CRYPTOCURRENCY
All About ApeCoin — A Growing Cryptocurrency or a “Pump & Dump” Disaster Waiting to Happen
APECoin (APE) is a new decentralized project cryptocurrency modeled after the Bored Ape Yacht Club (BAYC) from Yuga Labs, which is quickly gaining attention.
APE is a coin many investors are looking at and making investments in, but is it a valuable asset or just another “flash-in-the-pan” project currently being pumped that will soon disappear when whales are tired of playing with it?
A decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse. — APECoin Official Website.
Alternatively, could it provide value other than to the BAYC members to buy lucrative non-fungible tokens (NFT)?
What’s the history and technology behind the APE BEP-20 token that could make it a worthwhile investment? Who are its founders? Should you put a few dollars into the project to see where it is going, or will it quickly flame out?
I will attempt to answer these questions by pouring through several sources…
