Ape and Pepe
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Ape and Pepe, ticker APEPE, is a meme token living on the Polygon network that blends the cultural imagery of the Ape and Pepe internet memes. Its stated purpose is to unite small retail participants into a single community identity, positioning itself as a symbol for individual investors who feel overshadowed by larger market participants. It does not claim to solve a technical problem; its value proposition is social and cultural cohesion among its holders.
APEPE is a token on the Polygon ecosystem, a proof-of-stake blockchain, though the project data does not specify a consensus algorithm or block time attributable to APEPE itself — those properties belong to the underlying Polygon network. The token does not appear to power any protocol, governance system, or on-chain application beyond serving as a community asset. No staking, fee-sharing, or utility mechanism is described in the available data.
The available data contains no fee stream associated with APEPE — no protocol revenue, no fee collection, and no stated recipients of fees, which means fee-based measures such as price-to-fees or revenue yield are not applicable here. The entire circulating supply of 210,000,000,000,000 tokens is already in circulation, representing 100% of the maximum supply at this point in time, so there is no dilution overhang and the fully diluted valuation equals the market capitalisation of approximately 245,720,605 US dollars. The 24-hour turnover ratio stands at 6.13 and the 30-day average turnover ratio is 4.36, both measured as trading volume relative to market capitalisation, indicating the proportion of the market cap that changes hands over those respective periods.
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