ApeCoin ($APE ) is a cryptocurrency associated with the popular project Bored Ape Yacht Club (BAYC), one of the most famous NFT collections. APE is used as a token for access to exclusive events, purchases in the metaverse, and voting in the development of Ape ecosystem projects. It is released on the Ethereum blockchain, which guarantees high security and interoperability with other DeFi applications.

Legal Status: ApeCoin has utility token status and falls under cryptocurrency regulation in major jurisdictions such as the US. Its legal status depends on whether it will be considered a security. In 2023, the US Securities and Exchange Commission (SEC) is actively studying the regulation of cryptocurrencies, so investors should be prepared for possible changes.

Prospects: ApeCoin has great potential due to its integration with popular NFT projects and metauniverses. 2025 Prediction: APE can grow to 50-100 USD if BAYC and metaverses continue to grow in popularity.

Comparison with other projects: Unlike other coins, ApeCoin has a strong connection to the NFT-sphere and metaverses, which makes it unique. However, it may be less stable than classic cryptocurrencies such as $BTC or $ETH .