Deutsch
Français
English
Español
ItalianoTether vs ApeCoin – Price, Market Cap & Performance Compared
Which coin performs better – Tether or ApeCoin?
We compare the current price (0.99998 $ vs 0.6034 $), market cap (158 577 166 622 vs 481 981 416) and all-time high (1.32 vs 26.7).
Find out which one stands out right now!
VS
Tether is currently trading at 0.99998 $, while ApeCoin stands at 0.6034 $. These cryptocurrencies differ not only in price but also in market presence.
The market cap of Tether is around 158 577 166 622, and ApeCoin has about 481 981 416. Their respective all-time highs are 1.32 for Tether and 26.7 for ApeCoin.
Daily trading volume and the 24h price change (-0.00645 % vs -1.24017 %) also offer key insights.
Compare all metrics now and see which coin fits your investment strategy best!
Tether (USDT) and ApeCoin (APE) represent two distinct facets of the cryptocurrency market, each serving unique purposes. While Tether is a stablecoin pegged to the US dollar, providing stability and liquidity for traders, ApeCoin is an ERC-20 token designed to empower the Bored Ape Yacht Club community and foster a decentralized economy within the NFT space. As investors weigh the benefits of stability against the innovation of community-driven projects, the choice between Tether and ApeCoin reflects broader trends in crypto investment strategies.
Tether
Tether is a widely-used stablecoin in the cryptocurrency market, designed to maintain a value equivalent to a traditional currency like the US dollar. It provides traders and investors with a stable asset to navigate the volatile crypto landscape, offering a flexible means to move funds quickly between exchanges. Despite its popularity, Tether has faced scrutiny regarding its reserve holdings and transparency, sparking ongoing debates within the financial community.
more informationApeCoin
ApeCoin is a digital currency designed to support the burgeoning ecosystem surrounding the popular Bored Ape Yacht Club NFTs. Its primary aim is to facilitate transactions, governance, and interactions within the decentralized web space while bringing added utility to the ape-themed digital community. By leveraging a robust community and innovative technology, ApeCoin aspires to create a unique blend of culture and finance in the world of cryptocurrencies.
more informationThe world of cryptocurrency is ever-evolving, with new innovations and coins emerging regularly. In this article, we will delve into a comparison between two notable cryptocurrencies: Tether (USDT) and ApeCoin (APE). While Tether is well-established as a stablecoin, ApeCoin represents a unique associate of the expansive Bored Ape Yacht Club NFT ecosystem. Let's explore their technical aspects, innovations, and market dynamics.
Overview of Tether (USDT)
Tether (USDT) is a stablecoin designed to maintain a 1:1 peg with the US dollar. This means for every USDT token issued, there is an equivalent amount of US dollars held in reserve. Tether serves as a crucial medium for trading in the volatile crypto space, allowing traders to transfer value in a stable format.
Technical Aspects of Tether
Tether operates on several blockchains, including Ethereum, Tron, and Solana, featuring a high level of interoperability. With a market cap of approximately $143.47 billion, Tether boasts a trading volume of around $13.49 billion over the past 24 hours. The circulating supply of USDT currently stands at 143.47 billion tokens, slightly more than its total supply, which is capped at 143.47 billion as well.
In terms of price stability, Tether has consistently remained close to its $1 target, with a 24-hour price change of -0.00012%. Although it has seen an all-time high (ATH) of $1.32 in July 2018, it has remained relatively stable since its inception. For further reading, the official Tether whitepaper can be found here.
Innovation and Uses of Tether
Tether has been a pioneer in the stablecoin category, offering stability during market volatility. It is widely used for trading and as a means of transferring funds between exchanges. Additionally, Tether Card, a crypto debit card, allows users to spend their USDT in everyday transactions, bridging the gap between traditional finance and cryptocurrency.
Exploring ApeCoin (APE)
ApeCoin (APE), on the other hand, represents a different paradigm in the crypto landscape, primarily targeting the NFT space. Launched in 2022, it serves as a governance and utility token for the Bored Ape Yacht Club community. With an emphasis on expanding the Ape ecosystem, ApeCoin enables holders to participate in governance decisions and access exclusive events and services.
Technical Aspects of ApeCoin
ApeCoin currently features a market cap of around $425.26 million and a circulating supply of approximately 799.46 million APE tokens. The total supply is capped at 1 billion, indicating the limited availability of tokens. Over the past 24 hours, ApeCoin has seen a price range between $0.512153 and $0.542158, marking a price change of 1.68627%. Notably, it experienced an ATH of $26.7 in April 2022, reflecting its meteoric rise and subsequent decline.
Innovation and Community Engagement of ApeCoin
The innovation behind ApeCoin lies in its governance model and its association with NFTs. ApeCoin is designed to empower the community, allowing decentralized decision-making that impacts the APE ecosystem. The participatory aspect is a significant draw for users, especially those engaged in the NFT space. The ApeCoin community forum serves as a hub for discussions, proposals, and engagement, fostering a collaborative environment.
Tether vs. ApeCoin: Key Differences
While both Tether and ApeCoin play prominent roles in the crypto ecosystem, they serve different purposes. Tether provides stability and liquidity as a stablecoin, making it indispensable for traders and investors during market fluctuations. Conversely, ApeCoin appeals to NFT enthusiasts and gamers, focusing on community engagement and governance.
Moreover, Tether operates with a clear backing by fiat currency, offering predictability to its users, whereas ApeCoin's value proposition is tied to the dynamic and often speculative NFT market.
Conclusion
In conclusion, Tether and ApeCoin illustrate the diversity of the cryptocurrency landscape. Tether, as a stablecoin, offers a refuge of stability, while ApeCoin propels community engagement within the NFT ecosystem. Investors and users should assess their objectives and risk tolerance when considering involvement with these assets, as each presents distinct opportunities and challenges in the cryptocurrency domain.
Tether
ApeCoin
|
|
|
|
|
General Information |
|
|---|---|
|
Title
Tether
|
Title
ApeCoin
|
|
Symbol
usdt
|
Symbol
ape
|
|
Whitepaper
|
Whitepaper
-
|
|
Website
|
Website
|
|
Community
-
|
Community
|
|
Last Updated
2025-07-07 23:29
|
Last Updated
2025-07-07 23:29
|
Price Data |
|
|---|---|
|
Current Price $
0.99998 $
|
Current Price $
0.6034 $
|
|
High 24h
1 $
|
High 24h
0.61656 $
|
|
Low 24h
0.99988 $
|
Low 24h
0.60060 $
|
|
Price Change 24h
-0.00006 $
|
Price Change 24h
-0.00758 $
|
|
Price Change % 24h
-0.00645 %
|
Price Change % 24h
-1.24017 %
|
Market Data |
|
|---|---|
|
Market Cap
158 577 166 622
|
Market Cap
481 981 416
|
|
Total Volume
43 495 403 942
|
Total Volume
18 734 562
|
|
Market Cap Change 24h
-55 568 586
|
Market Cap Change 24h
-7 540 539
|
|
Market Cap Change % 24h
-0.03503 %
|
Market Cap Change % 24h
-1.54039 %
|
|
Return on Investment (ROI)
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
|---|---|
|
Circulating Supply
158 581 664 727
|
Circulating Supply
799 455 492
|
|
Total Supply
158 581 664 727
|
Total Supply
1 000 000 000
|
|
Max Supply
-
|
Max Supply
1 000 000 000
|
Historical Data |
|
|---|---|
|
All Time High (ATH)
1.32
|
All Time High (ATH)
26.7
|
|
ATH Change %
-24.42294 %
|
ATH Change %
-97.74136 %
|
|
ATH Date
2018-07-24 00:00
|
ATH Date
2022-04-28 21:44
|
|
All Time Low (ATL)
0.57252
|
All Time Low (ATL)
0.35483
|
|
ATL Change %
74.6585 %
|
ATL Change %
69.93556 %
|
|
ATL Date
2015-03-02 00:00
|
ATL Date
2025-04-07 06:55
|
Tether
Understanding Tether: A Stablecoin Powerhouse
Tether (USDT) is a leading name in the world of stablecoins, a class of cryptocurrency designed to facilitate transactions by maintaining a stable value. Unlike volatile cryptocurrencies like Bitcoin or Ethereum, stablecoins like Tether aim to provide users with the stability of fiat currency, while still leveraging the benefits of blockchain technology.
The Mechanism Behind Tether's Stability
Tether achieves its stability by pegging its value to traditional fiat currencies, primarily the U.S. Dollar. Each Tether token is reportedly backed by an equivalent amount of fiat currency held in reserve. This 1:1 backing mechanism is key to maintaining the coin's stable value, as reflected in its market price which typically hovers around 1 USD.
Historical Development and Milestones
Tether's inception dates back to 2014, and since then, it has played a pivotal role in demonstrating the practical use case of stablecoins within the crypto ecosystem. Its journey has seen significant milestones, including reaching its all-time high of $1.32 in July 2018, and experiencing its low at $0.572521 in March 2015. These deviations, while noteworthy, are rare occurrences in Tether's overall history, underscoring its primary objective of price stability.
Advantages of Using Tether
The primary advantage of Tether is its stability, making it a safe harbor for investors during times of high volatility in the broader cryptocurrency market. By offering price predictability, it facilitates more efficient trading, lending, and arbitrage, making it an indispensable tool for crypto exchanges and users alike. Moreover, Tether's utility is further enhanced by its widespread acceptance and high liquidity.
Challenges and Controversies
Despite its widespread use, Tether has faced scrutiny regarding its claims of full fiat backing. Critics have raised concerns about transparency, regulatory challenges, and the adequacy of its audited reserves. These issues have occasionally prompted regulatory attention and calls for greater transparency and accountability from Tether’s management.
Future Outlook for Tether
The future of Tether rests heavily on its ability to maintain trust and transparency with users and regulators alike. As the crypto market matures, Tether is expected to continue playing a significant role, particularly if it can navigate the evolving regulatory landscape successfully. Its position as a stablecoin market leader suggests that it will remain a cornerstone in crypto trading, offering a reliable alternative to more volatile assets.
In conclusion, Tether stands out as a critical tool within the cryptocurrency space, providing much-needed stability for traders and businesses. Its ongoing relevance will depend on its adaptability to regulatory demands and its continued assurance of transparency and full reserve backing to its user base.
ApeCoin
Introduction to ApeCoin
ApeCoin (APE) is a cryptocurrency that has captured the interest of both newcomers and seasoned investors in the ever-evolving world of digital assets. Created as the native utility token for the Ape ecosystem, ApeCoin aims to empower decentralized communities and support various applications within its ecosystem. As we delve deeper into the specifics of ApeCoin, we'll explore its unique characteristics, historical performance, potential advantages, and potential drawbacks.
Understanding the ApeCoin Ecosystem
ApeCoin is intrinsically linked to the Bored Ape Yacht Club (BAYC), a highly popular collection of NFT art. The coin was designed to serve as a governance and utility token within the ecosystem, which includes the members-only club, decentralized projects, and future expansions. Being a part of the BAYC community provides holders with access to exclusive benefits, including ticketed events, digital access, and merchandise.
Advantages of ApeCoin
One of the primary advantages of ApeCoin is its strong brand recognition and community engagement. Its connection to the highly reputable Bored Ape Yacht Club delivers instant credibility and a built-in user base who are actively involved in the ecosystem. Additionally, ApeCoin's decentralized nature allows for community-driven decision-making, helping to foster a democratic approach to project development and allocation of funds.
Drawbacks to Consider
Despite its advantages, ApeCoin is not without its challenges and risks. Like many cryptocurrencies, ApeCoin has experienced significant volatility, with price fluctuations that can pose risks to investors. Its reliance on the cultural and commercial success of the Bored Ape Yacht Club means that any negative press or waning interest in the NFT community could adversely affect ApeCoin's value and adoption. Furthermore, with its all-time high of $26.70 and a current price significantly lower at $1.16, some investors might be concerned about its potential for value recovery.
Historical Performance
Since its introduction, ApeCoin has undergone a turbulent journey. Its all-time high was achieved in April 2022, with the token reaching an impressive $26.70. Since then, the coin has faced a downfall, with its price decreasing by approximately 95.62% from the all-time high. However, from its lowest price point of $0.482009 in August 2024, ApeCoin stakeholders have witnessed a notable rebound of about 142.67%.
Future Prospects
The future of ApeCoin largely depends on the strategic direction of the Ape ecosystem and its ability to diversify its utility beyond the NFT market. There is potential for growth if ApeCoin continues to innovate and integrate with new decentralized applications, enhance interoperability, and leverage the evolving capabilities of blockchain technology. Additionally, increasing governance participation and reward mechanisms could play a pivotal role in building trust and credibility among its users.
Conclusion
ApeCoin represents an intriguing intersection of culture, art, and decentralized finance. While it offers fascinating prospects due to its strong community and brand association, investors must be wary of its volatile past and market dependencies. As with any investment in volatile markets, conducting thorough research and risk assessment is crucial. ApeCoin's trajectory will remain unpredictable, but should it manage to expand its use cases and community engagement, it holds the potential to be a notable player in the cryptocurrency space.