Meme tokens have significantly impacted the cryptocurrency industry, with dog memes taking the lead. But the founders of APE-X believe that there is still an untapped niche in the meme token landscape–the degenerate apes. APE-X is on a mission to lead another successful wave of tokens in the industry and present investors with exceptional returns.
The APE-X token is dubbed as the predator of the Avalanche ecosystem. APE-X tokens represent a revolution in the mindset of investors on how they acquire assets in the digital space. Each crypto ape is designed to help traders “ape first and think later,” making the ape the official meme mascot for such a philosophy.
“We believe that our token offers a crypto meme that hasn’t yet been done, at least properly, in crypto markets–the infamous ape. Previous memes have focused on dogs, specifically Shiba Inus, because of the success of DOGE coin and subsequently SHIB,” the founders explained. “We think that these dog memes miss an entire niche sector of crypto–the degenerate apes. We lean into this niche. Our products focus on pushing the boundaries of what can be accomplished with financial primitives. What is the most risk that we can safely get away with for our users to make the best ROI?”
The founders also place immense focus on leveraging ape memes in their marketing materials to capture the attention of high-risk crypto traders. The token is designed not for those who want to play safe but also for investors who are ready to take risks on something that goes against the grain.
“We believe that there is a cultural revolution currently happening in finance. This revolution is being fueled by people who want to take their finances into their own hands and have the ability to access financial instruments with high investment potential, which are typically reserved for institutions and high-net-worth individuals,” shared the founders. “A subset of these people are what we refer to as apes—those that invest in tokens solely for the reason that they connect with the meme of the token and it offers the potential for high ROI.”
The founders explained that a great example of such an approach is the business model behind the famous Shiba Inu dog memes created by the community. The memes eventually provided exponential returns, especially to investors who supported the project in its earliest stages. APE-X also wants to appeal to investors because of their relatability rather than because of their technical or financial innovations. While APE-X is designed to bring high returns, the founders want investors to love the memes for themselves first and not for their potential value.
APE-X is paving the way for a new crypto meme culture. The tokens are both fun and accessible for the general public, giving everyone interested in crypto memes an opportunity to start their crypto journey with a project that will truly revolutionize the industry.
They are currently running on its second phase, which already involves applying for new exchange listings, the development of the APE-X DAO App, building partnerships with big social media platforms, and launching the merchandise store. They are also hosting a massive giveaway for a Bored Ape Yacht Club (BAYC) NFT to one lucky holder of the APE-X token. Full details are available on their website.
APE-X released a total supply of 10T tokens with a burnt supply of 57.83%. The initial price was set at 0.00000000045 AVAX for each APE-X.
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