ApeCoin (APE)

Yuga: “BAYC animated series on its way” Critics: “You should focus on gaming!” Yuga: “We’re going all in on Otherside now as we’re restructuring the company” Critics: “You shouldn’t have done Otherside. Just focus on the club” Yuga: “BAYC Clubhouse is actually on its way too” Whatever Yuga does, there will be criticisms so just do it anyway 🤷‍♂️

🧑‍💻 OGAudit Web3 Research 🔎 ApeChain Ecosystem Analysis @apecoin is a community-governed Web3 ecosystem built around the cultural gravity of Bored Ape Yacht Club and products developed by Yuga Labs, including the metaverse initiative Otherside. Launched in 2022, ApeCoin ($APE) functions as the economic and governance layer of the ecosystem, supporting staking, gaming integrations, IP expansion, and DAO-led decision-making. With the introduction of ApeChain, the ecosystem is evolving beyond NFTs into a dedicated infrastructure layer designed to anchor omnichain utility and creator-focused applications. 📊 The network has processed more than 114.5M total transactions, with 109,031 transactions in the last 24 hours. Over 2.69M accounts have interacted with the network across 33.6M+ blocks, reflecting sustained structural activity since launch. Daily gas usage reached 10.1B+ units in the past 24 hours, with 1,028.98 APE collected in fees. With nearly four years of continuous operation, ApeCoin shows durability beyond the initial NFT hype cycle. 🪙 $APE trades around $0.1269 (≈ $115.38M market cap). Circulating supply stands at 908.66M out of a fixed 1.00B max supply, meaning most emissions are already in circulation. While dilution risk is relatively limited compared to early-stage token models, valuation recovery depends heavily on renewed ecosystem traction and utility expansion. 💰 ApeChain, developed to support the broader Ape ecosystem, currently holds approximately $3.93M in total value locked. We currently track 15 coins within the ApeChain ecosystem category, representing a combined market cap of ~$6.64B. The infrastructure is in place, but liquidity density and DeFi depth remain in growth phase rather than maturity. 🌐 Core ecosystem projects include Bored Ape Yacht Club (@BoredApeYC) flagship NFT IP & governance, Otherside (@OthersideMeta) metaverse land & gaming, Gains Network (@GainsNetwork_io) decentralized leveraged trading, Pleasing Golden (@PleasingGolden) tokenized precious metals RWA. 🔎 Explore ApeChain Ecosystem Projects: https://t.co/OtG3QqYvgv

blocked off some time to have a little cafecito and join Meet at the Clubhouse tmrw, see you there🫡 https://t.co/KqQPluhDsV

Appreciation post for @Frostyz 🫡 I honestly don’t think there’s anyone else in the ape community who gives this much every single day to build things I wish were official be part of @OthersideMeta. Builders like him deserve way more support from the official side. His work could be integrated directly into Otherside to massively improve the user experience, especially through @oswikixyz, where he constantly ships new, useful features. He’s basically the only dev that shows full passion around building on Otherside. Outside of that, he’s been building heavily on ApeChain too, he recently created his own indexer because there simply wasn’t a good solution available.

The best exit liquidity is the @apecoin intern 😂 https://t.co/DLBs2vCavq