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Reasons to Buy Ape Coin

• ApeCoin has risen to become one of the top 50 cryptocurrencies by market cap just weeks after it was launched.
• The token is founded by credible stakeholders who have gained immense popularity due to their NFT collection.

ApeCoin cryptocurrency is the governance and utility token inspired by the NFT collection – Bored Ape Yacht Club. The token can be used to buy and sell items created within this ecosystem. Investors can also use this token to vote on proposals and decisions inside the ApeCoin DAO.

Things to consider before buying Ape Coin

• ApeCoin is still relatively new and a lot of information is still not available to investors yet.
• ApeCoin is an ERC20 token that functions on the Ethereum mainnet.
• It is a PoW token, which means it cannot be staked to earn regular rewards.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.