$MONKY BUSINESS: The Ape Accelerator Team Is Working With FLOKI To Reward ApeCoin Holders And ApeFest Attendees!

All Aboard for an Airdrop! Animoca Brands subsidiary and ApeCoin DAO-funded Ape Accelerator program creator, Forj, announced it is working with the popular memecoin FLOKI on some "$MONKY" business and that many $Ape holders and Apes will be eligible for an airdrop soon!

On Friday, the Ape Accelerator program shared a Medium post about its new memecoin, $MONKY, and revealed that $Ape holders, Ape Accelerator supporters, and ApeFest attendees will be eligible for an airdrop later this month.

 

“We’re thrilled to announce that Floki is teaming up with Forj to launch Wise Monkey ($MONKY) memecoin,” Ape Accelerator wrote. “Inspired by the iconic “Three Wise Monkeys” meme, $MONKY is set to bring wisdom, fun, and ancient meme energy into Web3 on November 21, 2024.”

The Ape Accelerator program went on to explain that $MONKY will launch on the Binance Smart Chain with a FDV of 10 million USD, according to Ape Accelerator.

45.5% of the $MONKY supply will be airdropped to users, with 8% of the total supply  going to $Ape holders, 1% going to Ape Accelerator supporters, and 1% going to ApeFest attendees.

 

Take a look at the full tokenomics breakdown below:

 

“The Monky team is working with top exchanges to make this drop as smooth as a banana peel,” Ape Accelerator wrote. “Keep an eye out for updates on tokenomics, listings, and more juicy details.”

 

As the Bored Ape Gazette previously reported, the ApeCoin DAO voted in favor of the creation of an Ape Accelerator launchpad powered by $Ape and operated by BAYC member and Forj CEO Harry Liu back in May 2023.

The Bored Ape Gazette will continue to follow $MONKY and will let you know how and when $Apes and Apes can claim their coins. Stay tuned for updates!