# ApeCoin announcement surges BAYC floor price to near-ATH before correction
” ApeCoin announcement surges BAYC floor price to near-ATH before correction “ The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into “culture, gaming and commerce” within the Web3 sphere. The asset has been developed and launched by the ApeCoin…