Apecoin Price Prediction 2023, 2025, and 2030: Will Apecoin reach $100 and $1000?

Apecoin Price Prediction 2023, 2025, and 2030: Will Apecoin reach $100 and $1000?

Apecoin Price Prediction 2023 is $9.6

Apecoin Price Prediction 2025 is $16.9

Apecoin Price Prediction 2030 is $72.0

Will Apecoin Reach $100? Apecoin will reach $100 under certain conditions.

Will Apecoin reach $100? Apecoin is unlikely to reach $1000 without substantial changes in use cases and an active burn program

Apecoin Price Prediction this week is in the range of $3.77 and $4.39


Latest Apecoin Price

Apecoin Price Performance in the last 12 months

  • Last 1 Month
    • Ape: +15.3%, Eth: +2.2%
  • Last 6 Months
    • Ape: -20.9%, Eth: -0.1% 
  • Last 12 Months
    • Ape: -38.8%, Eth: -59.1% 

After peaking at nearly $25 in April, Ape has lost 90% of its value

Technical Analysis (Weekly level)

  • RSI: Sell
  • Stoch RSI: Overbought
  • MACD: Sell
  • Moving Averages: Neutral
  • Overall: Moderate Sell

Is Apecoin a Good Investment?

Uses of Apecoin

  • APECOIN is a utility token that can be used to purchase game products developed by the BAYC community.
  • It works as third-party developers in the ecosystem by integrating APEs into games, projects, and other services.
  • APE is adopted as an incentive for players in Benji Bananas, a play-to-earn mobile game developed by Animoca Brands. Benji Bananas offers a Membership Pass (‘Benji Pass’), an NFT that enables its owners to earn special tokens while playing Benji Bananas and will also allow those tokens to be swapped for Apecoin.

How is Apecoin Different?

  • BAYC (the most expensive collection of NFTs) is behind APECOIN. Therefore, this coin has a good reputation from others because of the endorsement.
  • A major competitive advantage of Apcoin is its association with Yuga Labs, arguably the most influential presence in the NFT space. As a result, Apecoin benefits from all the social capital associated with Bored Ape Yacht Club and all other projects in the Yuga Labs ecosystem.
  • In addition to NFT rewards, APECOIN allows payment options and other exclusive features within the APE ecosystem.
  • APECOIN has been in the limelight since its appearance. The creators offered many incentives to increase their usefulness.

Performance versus Benchmarks – Axie Infinity and Mana

  • Last 1 Month: Better than Mana, Marginally lower than Axie Infinity
  • Last 3 Months: Better than both Mana and Axie Infinity
  • Last 6 Months: Better than both Mana and Axie Infinity

Overall, Apecoin has reasonable use cases and is outperforming key benchmarks. However, one cannot make a case that it is a great investment opportunity.

Reddit community discussions

In a recent Reddit discussion on the topic “Can APE hit $10?”, users can be seen to have mixed opinions.

One user commented that APE can easily cross $15. While another user wrote that it is not possible for Apecoin to reach $10 because of high selling pressure.

Will ApeCoin go up or Will Apecoin Recover?

The crypto market has been highly volatile this year and considering the market condition the overall crypto market is predicted to remain lower this year. As for Apecoin, it may follow the market trend for the next few months. However, in the future, there are higher chances for Apecoin to recover. Therefore we predict Apecoin will go up. Here are the reasons behind it:

  1. Apecoin is backed by BAYC which is the most expensive collection of NFTs.
  2. Apecoin also has a competitive advantage with its association with Yuga Labs. As Yuga Labs increases its presence in the Metaverse space (with investments lined up and some executions having begun), the demand for Ape Coins will increase fuelling the price of the cryptocurrency.
  3. Adoption of Apecoin as a payment method will help Apecoin to rise higher. Gucci is the first major brand to accept Ape coin as payment.
  4. Apecoin has a proven track record. It almost reached $40 a few months back. Therefore, when cryptocurrencies recover, Ape Coin will benefit much more than others

Risks: Cryptocurrency falls again due to Economic Slowdown/ Recession. There is a moderate possibility at this point in time. The Cryptocurrency market is also exposed to systemic risk like other cryptocurrencies or companies in this sector failing. Lastly, delays in execution by Yuga Labs could lead to lower demand for Ape Coins impacting its price in the short term if not in the medium and long term.

MetricTrend
Social MentionsSteady
MetricLast 24 HoursTrend
Net Social Media Sentiment24Neutral

Will Apecoin reach $50?

At a conservative pace of 25% per annum, it would take Apecoin about 10-12 years to reach $50. This is subject to numerous conditions including -Increased liquidity and a more clearly defined role of Apecoin in the Bored Ape Yacht Club

Will Apecoin reach $100?

At a conservative pace of 25% per annum, it would take Apecoin about 15 years to reach $50

Will Apecoin reach $1000?

At the moment, it is difficult to predict if Apecoin will reach $1000 without an active burn program. That aside, at $1000, Apecoin’s market cap would be a Trillion Dollars, a highly ambitious forecast for a cryptocurrency with limited use cases.

ApeCoin Price Prediction 2023, 2025, 2030

Gaming coins have headed lower owing to lower liquidity leading to lower earnings from Play to earn games. With the economy like to begin recovery in the second half of next year, Apecoin could gain from the rise.

Apecoin Price Prediction 2023 is $9.6

Unlike other NFT games, Ape is already a well-known and accepted brand name and therefore is likely to perform well once Global economies recover.

Apecoin Price Prediction 2025 is $16.9

It is quite challenging to make long-term forecasts given the wide range of variables. Yet given the use cases, Ape is likely to perform quite well over the next 8 years.

Apecoin Price Prediction 2030 is $72.0

Apecoin Price Prediction Today: Buy or Sell

Overall OutlookNeutral
1. Market's WisdomNeutral
1a. Market DataPartially Positive
1b. Technical RecommendationSell
2. Crowd's WisdomNeutral
2a. Social Media BuzzSteady
2b. Social Media SentimentNeutral

What is Apecoin?

ApeCoin is a Bored Ape Yacht Club-affiliated cryptocurrency based upon the ERC-20 blockchain. Apecoin brings a much-awaited governance aspect to the APE ecosystem. Amongst other things, ApeCoin represents a governance token (in other words, voting rights), giving ApeCoin holders a say in the project’s development and important decisions. As a way to show gratitude to its current community, ApeCoin decided to dedicate a portion of its reserve to Bored Apes or Mutant Apes NFT holders, rewarding them with free airdrops. The amount of the airdrop depended on the NFT’s rarity as well as the number of NFTs held by the person.

APECOIN serves multi-purpose work on the ecosystem.

  • Coin holders can participate in the governance of the DAO to enable them to access exclusive features of the ecosystem, such as games, events, merchandise, and services.
  • APECOIN is accepted by many merchants as it is a perpetual ERC-20 token.
  • The coin is already in use as an NFT reward, and holders with BAYC receive free APE that they can cash in immediately.

Here are some facts about Apecoin:

  • Ape Foundation launched the ape coin. Ape Foundation claims that Ape Coin will be driven by the community with the role of the Foundation as a steward and not an overseer. The Apecoin DAO will govern the community
  • Apecoin like many other cryptocurrencies is an ERC-20 token issued on the Ethereum Blockchain
  • About 15% of circulating Ape Coins have been airdropped to current BAYC and MAYC NFT Holders
  • Apecoin is likely to be used as a Play to earn currency in the future. It is expected that as Yuga Labs strengthen its position in the Metaverse space, Apecoin will see a rise in demand for its cryptocurrencies
  • Apecoin is currently ranked 35th on Market Cap with nearly 300 Million in circulation
  • Apecoin reached its All-Time High of $39 in the last week of April and reached its lowest point in the year on June 19th, 2022. Apecoin rose 40% from its bottom within a week
  • It is also possible to earn interest by staking Ape

COMPETITORS OF APECOIN

  • AXIE INFINITY: – This is a popular game inspired by Pokemon. Where players can buy virtual assets and sell them for real money.
  • DECENTRALAND: – Decentraland is a platform powered by blockchain technology that enables the development of augmented reality land where users can buy, sell, or rent land parcels stored as NFTs on the Ethereum (ETH) blockchain.

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. 

Will Apecoin Reach $20

Crowdwisdom360 Crypto Predictions Page

Subhash

Subhash

Subhash, Founder of Crowdwisdom360 is an MBA and a Trained Financial Advisor with an extensive background in Forecasting in Financial Services and Politics. He has appeared many times on National TV and has written for a variety of magazines on Wealth Management and Election Strategy.

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