Ape coin
Ape coin. Sixty-two percent of the total ApeCoins are being set aside for token holders and the DAO treasury. Because APE has a discrete value and is already trading on major exchanges, claiming these coins is a little like claiming free money. And 80 million APE goes to the founders of Yuga Labs.
Anyone with a Loot NFT was automatically entitled to a certain amount of AGLD, and claiming those tokens meant coming into tens of thousands of dollars without any extra effort. In this sense, an NFT can function as a license to print money. It hinges on the idea that ApeCoin DAO is entirely independent from Yuga Labs.
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I'm holding my long term positions, I reduced my exposure lately, and will be looking to buy more BTC after this potential move down ends. Looks like we're about to witness a new wave of fundamental chaos, with talks about Bcoin, a new alternative to Core, which apparently some miners are looking to peddle, and which already received some positive talk from the... This week represents the end of a timing element that has held Bitcoin within a several month long consolidation following the big pop in November.
Gallery of Ape coin
