- ApeCoin (APE) was released on March 17 and is creating waves in the market and community in only 24 hours.
- A few ApeCoin holders made tens of thousands of dollars during the 24-hour period of the token’s launch.
- Controversially, Dogecoin creator Billy Markus disapproves of ApeCoin.
ApeCoin (APE) was revealed yesterday and is already making waves in the market. The Ethereum-based token launched on March 17, and in just 24-hours, 109 million tokens have been claimed – roughly worth $1.2 billion.
However, the airdropped token fluctuated throughout its launch. It started off at $10.36, and in an hour fell to $6.21. Notably, at the time of writing, it has risen to $12 via data from Coingecko.
During this 24-hour period, ApeCoin holders have made tens of thousands of dollars. For example, one Rahim Mahtab on Twitter (NYSE:TWTR) made $90,000 on the airdrop. Similarly, one