/ Conviction Index / ApeCoin (APE)

ApeCoin (APE)

Gaming / NFT · APE · Launched Mar 2022
D+

High Risk (D+) — Conviction Grade

ApeCoin is associated with the Bored Ape Yacht Club / Yuga Labs NFT ecosystem. Material BAYC floor-price decline 2022-2025 has produced sustained price impact. Otherside metaverse gaming product has not produced ecosystem traction.

48
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Protocol Security
B-
Governance Decentralization
C+
Liquidity
B-
Adoption & Utility
D
Regulatory Posture
C
/ Public-Record Events

Key events & disclosures.

  • Launch Mar 2022
  • Yuga Labs ecosystem
  • BAYC floor-price decline
  • Otherside metaverse (limited traction)

/ Best for

Not appropriate for institutional fundamental-thesis allocation.

/ Watch out for

NFT-ecosystem-tied tokens face material adoption headwinds. Verify any allocation thesis is robust to continued NFT-ecosystem softness.