ApeCoin is a new kid in the cryptocurrency block introduced to investors in 2022. The coin created a big fuss early on, as it is connected to the extremely popular Bored Ape NFT collection, as these two projects share the same creator, Yuga Labs. However, ApeCoin is not just like any other coin in the crypto space. Instead, it aims to be a pioneer of web3 through different culture-related applications of art, entertainment, events, and gaming. According to the ApeCoin website, APE coin aims to “serve as a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse.”

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