Ape and Pepe (APEPE) is a memecoin launched in June 2023 on the Polygon blockchain. As its name suggests, it combines the APE and PEPE internet memes to represent small investors.
The project says its goal is to unite small investors into a collective community force. Rather than focusing on technical innovation, it centers on meme culture and community identity.
APEPE is an ERC-20 standard token issued on Polygon, allowing transfers at lower fees than on Ethereum. A fixed supply was minted at deployment, and no additional minting mechanism is publicly known.
The contract includes burn functions, so tokens that are burned permanently reduce total supply. Demand is driven mainly by community participation and exchange availability rather than a dedicated utility service.
Data provided by CoinGecko
APEPE has a reported total supply of 210 trillion tokens, with nearly all issued tokens counted as circulating. Very large supplies like this are a common design choice among memecoins.
According to the published allocation, 70% went to airdrops, 10% to DEX liquidity and circulation, 10% to a centralized exchange reserve, and 10% to a project reserve. The heavy airdrop share suggests an aim to build a broad holder base from the start.
Being on Polygon keeps transaction costs low, and its familiar meme characters can help build community cohesion. The token is also listed on some exchanges, which aids accessibility.
However, memecoins typically have limited intrinsic utility, can be extremely volatile, and may see liquidity shift quickly as community interest changes. This overview is for information only and is not investment advice, so independent research is essential.
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