As per the website, the ApolloX platform draws inspiration from the Apollo Space Program, the first mission to land humans on the moon. The platform envisions a similar growth for the crypto market and users through ApolloX.

APX, the token offering of the platform, follows BEP20 standards and works on Binance Smart Chain (BSC). BEP20 is a specific token standard of the BSC network, similar to ERC20 on the Ethereum network.

ApolloX aims to dedicate 44% of the total supply as rewards for token holders through staking and liquidity. The platform also plans to allocate 3.5% as mining rewards, 5% for marketing, and burns 1% of transaction tax from all transactions on the network. Burning is the process of withdrawing tokens from the market to increase the value and reduce the supply. As per the website, the burning number of APX tokens stands at 224 million.

ApolloX aspires to make cryptocurrency trading simple and less technical for users worldwide by employing the hybrid CEX-DEX model.

ApolloX’s founding team includes Jingyi Zhou and Will Li. The platform development began in 2018 with the goal of decentralizing the global e-commerce industry. ApolloX’s first token issue was made in 2021. The total supply of APX stands at 10 billion.

We update our APX to USD currency in real-time. Get the live price of APX on Coinbase.

The current market cap of APX is $628.82M. A high market cap implies that the asset is highly valued by the market.

The all-time high of APX is $2.42. This all-time high is highest price paid for APX since it was launched.

Over the last 24 hours, the trading volume of APX is $499.91K.

Assets that have a similar market cap to APX include Ondo US Dollar Yield, Usual USD, Zeebu, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of APX is 533 million.