ApeCoin, a Crypto Attached to a Famous NFT Club, Falls From Grace
Published by
The Street
The Street
By Rob Lenihan The token has just started to be exchanged. ApeCoin, the token linked to the Bored Ape Yacht Club NFT, or non-fungible token, collection, had rough debut on Thursday. The token, which was airdropped to the Bored Ape NFT owners, saw its price tumble from a high of $39.40 to $7.75 at last check, according to CoinMarketCap. ‘A Token for Culture, Gaming, and Commerce'”Introducing ApeCoin ($APE), a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of web3,” the token’s official Twitter handle proclaimed. ApeCoin is owned and o…