The much-anticipated APE coin has finally been published on the Binance Exchange. The adventure, which started at $1, increased 670% up to $7.60. There is an expectation of over 20 dollars for this coin.
ApeCoin holders manage themselves through the decentralized governance framework that controls the ApeCoin DAO and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation manages offers agreed upon by ApeCoin holders.
ApeCoin is an ERC-20 token launched on the Ethereum blockchain. As a result, Ethereum's proof-of-work (POW) is secured by the consensus mechanism.
APE coin is another pump and dump token, it has many drawbacks such as not having its own network and still using the ERC20 network. The advantage is that it only has a fairly large and loyal community. it's currently price around $11, but I'm not sure it'll be able to break through $20.