Apecoin Price Prediction 2023-2030: Will Apecoin reach $50?

Latest Apecoin Price

MetricLast 24 HoursTrend
Net Social Media Sentiment43.2%Higher

Apecoin Past Price Performance

  • Last 1 Month:-5.7%
  • Last 12 Months: -75.2%
  • Since Launch (2022): +6.9%

BAYC Sales Statistics

  • NFTs Sold: 367 (last 7 days)
  • Trading Volume: $14.6M (last 7 days)
  • Bored Ape Yacht Club Value:
    • Average Price: $39.8k (last 7 days)
  • Total Supply:
    • Number of Tokens: 9,998
  • Owners:
    • Number of Owners: 5,532

Latest Apecoin News

  • ApeCoin has formed a strategic alliance with eesee, a next-gen NFTFi and SocialFi platform, to make high-value NFTs more accessible and foster community growth. The ApeCoin community will have special access to eesee’s rewarded testnet, which is set to launch at the end of October.

Apecoin Price Prediction Today, Tomorrow and Week

UTC: Dec 8th, 2023 12:23 PM

  • Apecoin Price Prediction in the next 24 hours is between $1.65 and $1.69
  • Apecoin Price Prediction this week is between $1.56 and $1.76

UTC: Dec 8th, 2023 12:43 PM
Overall OutlookBullish
1. Market's WisdomBullish
1a. Market DataPartially Bullish
1b. Technical RecommendationBuy
2. Crowd's WisdomPartially Bullish
2a. Social Media BuzzSteady
2b. Social Media SentimentHigher

ApeCoin Price Prediction 2023-2030, Aggregated

Gaming coins have headed lower owing to lower liquidity leading to lower earnings from Play-to-earn games. With the economy likely to begin recovery next year, Apecoin could gain from the rise.

  • Apecoin Price Prediction 2023 is $1.97
  • Apecoin Price Prediction 2024 is $3.47
  • Apecoin Price Prediction 2025 is $4.92
  • Apecoin Price Prediction 2026 is $6.77
  • Apecoin Price Prediction 2027 is $8.95
  • Apecoin Price Prediction 2028 is $12.1
  • Apecoin Price Prediction 2029 is $17.2
  • Apecoin Price Prediction 2030 is $24.2

Will Apecoin reach $50?

In order for Apecoin to reach $50, it would need to increase by a factor of 42.4. At $50, Apecoin’s Market Cap will be $18 Billion. If Apecoin were to grow at a rate of 25% each year, it would take about 17 years to reach $50. Let us evaluate this data

  • Quality of Investment- Poor
  • Growth required to reach $50- Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, It is 22000 times higher)
  • Market Cap at $50- Partially Feasible
  • Time required to reach $50 if Apecoin were to rise at 25% per annum- Partially Feasible

Considering the criteria Quality of Investment, growth required, and time required, Apecoin has less chance of reaching $50.

Will Apecoin reach $100, $1000? Read on

Apecoin Price Prediction: Is Apecoin a Good Investment?

ApeCoin is a utility and governance token built by the founders of Bored Ape Yacht Club (BAYC), Yuga Labs. It operates on the ERC-20 and serves multiple roles in the APE ecosystem: a governance token in the ApeCoin DAO and a utility token for accessing unique ecosystem features. The APE Foundation administers ApeCoin DAO decisions and manages an Ecosystem Fund to cover expenses, supporting a collaborative infrastructure for ApeCoin holders.

The ApeCoin DAO enables global community engagement and ecosystem growth. It contains the APE Improvement Proposal Process, allowing members to discuss ecosystem fund allocations, governance rules, and potential partnerships. The DAO is overseen by a Special Council from the APE Foundation, ensuring the implementation of approved proposals and safeguarding the DAO’s treasury. ApeCoin’s protocol outlines its utility in unifying spending within the ecosystem, incentivizing third-party developers, and providing exclusive access to ecosystem components.

ApeCoin has a fixed supply of 1 billion tokens with a detailed distribution plan among ecosystem stakeholders. A portion is for the ecosystem fund, with allocations for BAYC/MAYC NFT holders, Yuga Labs, launch contributors and BAYC founders. The allocation to NFT holders has a claiming process set up for fair distribution based on the rarity and type of NFTs held. Additionally, a 1 of 1 NFT is gifted to the APE Foundation by Yuga Labs, with the ApeCoin DAO having the authority to decide on its usage.

Also Read:

How to Buy Apecoin?

The ERC-20 token, the native token of Bored Ape Yacht Club, Apecoin has been one of the best-performing cryptocurrencies this year. However, there have been many inquiries about how Apecoin can be purchased. Here is a complete guide to buying Apecoin:

  • Look for the Exchanges where Apecoin is listed for Trade
  • Opening an Account with the Exchange
  • Adding Money for Trade
  • Purchase APEcoin
  • Storing of Apecoin

Where to Buy Apecoin?

Apecoin is one of the fastest-growing cryptocurrencies and multiple platforms have listed Apecoin for trade. Some of the exchanges where you can purchase Apecoin are:

  1. Crypto.com
  2. Binance

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

Crowdwisdom360 Crypto Predictions Page

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