<span style="font-weight: 400">Earlier this month, the <a href="https://www.cryptoknowmics.com/news/bored-ape-yacht-club-launches-its-official-apecoin-token/">Bored Ape Yacht Club NFT</a> announced its cryptocurrency known as ApeCoin, an ERC-20 token on the Ethereum Blockchain. ApeCoin has been widely accepted and listed by major crypto exchanges like FTX, Binance, Gemini, Kraken, Coinbase Global, and the first Indian crypto platform Giottus as well. </span>
<h2><span style="font-weight: 400">ApeCoin Becomes Most Traded Cryptocurrency</span></h2>
<span style="font-weight: 400">Launched on March 17, 2022, by ApeDAO, the ApeCoin token emerged as the “most traded cryptocurrency” in the past 24 hours. Amidst the top ten tokens purchased and utilized as smart contracts by Ethereum whales, ApeCoin proudly stands second. </span>

<span style="font-weight: 400">Information about the advances in the leading position of tokens was tweeted by WhaleStats, a crypto analytics platform.</span>

https://twitter.com/WhaleStats/status/1505732408347271168

<span style="font-weight: 400">Earlier the coin has also retweeted <a href="https://www.cryptoknowmics.com/news/time-magazine-to-accept-apecoin-for-digital-subscriptions/">Time Magazine's</a> tweet about accepting payments in APECOIN for digital subscriptions soon.</span>
<h2><span style="font-weight: 400">What Can You Do With ApeCoin?</span></h2>
<span style="font-weight: 400">ApeCoin is a decentralized token that will be utilized primarily for payments and transactions within the Web3 application. APE has been widely gaining popularity and is being accepted in various sectors as well. </span>

<span style="font-weight: 400">An Animoca Brands developed game Benji Bananas is in plans to adopt ApeCoin as an in-game currency. SaltWater Brewery based out of Florida has also decided to accept APE payments. Presumably, this marks the beginning of the ecosystem powered by APE. The cryptocurrency token has the potential to be adopted in a variety of upcoming projects. </span>

$APE Breaks Record of the Most Traded Token in 24 Hours

Bored Ape Yacht Club NFT announced of its cryptocurrency token, APECOIN which broke the recorded of the most traded token in the past 24 hours.

Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.

$APE Breaks Record of the Most Traded Token in 24 Hours

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