Bored Ape Yacht Club NFTs have made their way into the public’s consciousness because so many well-known people own one of these high-end digital assets. Adding ApeCoin to the crypto market recently has added another ape-based asset that could have a lot of value in the future, this guide will go over our ApeCoin price prediction in great detail.
We’ll talk about the coin and how it could perform, then show you where to invest in cryptocurrency today with low fees.
ApeCoin Price History
Before buying ApeCoin, it’s a good idea to learn about the coin. ApeCoin is still very new to the crypto market, but the information about the project already looks promising. Investors are already paying attention to this because they want to make better money than the rest of the world’s investors.
ApeCoin is an ERC-20 token that is used for governance and other things. A Decentralized autonomous group called ApeCoin DAO created and launched the coin on the Ethereum blockchain. Its goal is to make the coin grow over time.
As ApeCoin is also the token for the Bored Ape Yacht Club NFT collection, things can get a little confusing. However, this is not true. ApeCoin was not made by Yuga Labs, the NFT collection’s parent company. It’s not clear why Yuga Labs has distanced itself from creating ApeCoin, but it could be because of regulatory issues.
According to CoinMarketCap, there is a maximum supply of 1 billion APE tokens. There are currently 277.5 million of them in use. How much is ApeCoin worth now? It has a value of $4.02 billion, making it the 45th largest cryptocurrency globally. In just a few weeks since ApeCoin started, the token has made many people very happy.
But what does ApeCoin do? First, ApeCoin was given to people who owned NFTs of the Bored Ape Yacht Club and Mutant Ape Yacht Club as a “thank you.” As of right now, the original owners of Bored Apes got 10,094 tokens, which is worth more than $150,000. NFT holders will get 15% of the APE tokens, and the DAO will get 47%. This will help the project grow in years to come.
ApeCoin Technical Analysis
There are many reasons why it’s hard to predict the price of ApeCoin. First, its value as a token is tied to a project that gets a lot of attention. An NFT collection is the project. The Bored Ape Yacht Club indeed is one of the biggest projects, but it has already lost some of its popularity.
This isn’t just about NFTs, though. It is also about meeting the rich and famous at in-person parties, supporting a platform that does incredible things in the blockchain industry, and many other things!
Many of the ideas behind NFTs are great in theory, but many people don’t like them when they work. It’s a good thing that people are worried about things like high power consumption, speculation, and not having enough regulation. It’s also true that some of them have already been solved, so now it’s just a matter of changing the public’s view.
Technical indicators for ApeCoin were all strong bullish at the time of this writing, with the APE/USD pair getting a “Strong Buy” signal on most of them. No one knows how ApeCoin will act in the future, but it’s clear that it’s going up right now.
Here’s the technical analysis of ApeCoin from TradingView, which is always up to date.
ApeCoin Price Prediction 2022
Technical analysis of ApeCoin prices in 2022 says that the lowest price for ApeCoin will be $23.98. The APE price can go up to $27.77. There is a good chance that the average trading price will be around $24.73.
APE Price Forecast for May 2022
They have looked at how much ApeCoin has changed in 2022 and in the past, so they think the average rate in May will be about $19.73. It can be as low as $17.85. $20.29 is the maximum amount that could be in this case.
June 2022: ApeCoin Price Forecast
In the middle of the year 2022, the average price of APE will be $20.32 on average. June might also see a rise in the value of ApeCoin to $21.08. It is thought that the price won’t fall below $19.57 in June 2022.
APE Price Forecast for July 2022
Cryptocurrency experts have looked at how ApeCoin prices will be in 2022 to give us their best guess for how much it will cost to buy and sell in July. There might be APE rates of $20.38 and $22.09.
August 2022: ApeCoin Price Forecast
They think that by the end of summer in 2022, the APE price will be about $21.98. APE Coin could be worth as little as $21.04. That’s what could happen in August. The peak value maybe $23.15 in August 2022.
APE Price Forecast for September 2022
Cryptocurrency experts think that the ApeCoin rate could reach a high of $24.25 in September 2022 after they have looked at the prices. It could, however, fall to $22.10. To figure out how much ApeCoin will cost in September, the average figure is about $22.85.
This is the ApeCoin price forecast for October 2022.
During the middle of autumn in 2022, the price of ApeCoin will be about $23.31. In October 2022, crypto experts think the APE price could go from $22.56 to $25.39, but they don’t know yet.
APE Price Forecast for November 2022
People in the market think that the value of ApeCoin won’t fall below $23.49. This month, the highest point we expect to reach is $26.56. $24.24 is the most likely average price for a trade.
This is the ApeCoin price forecast for December 2022.
Cryptocurrency experts have spent a lot of time looking at the range of APE prices in 2022. For December 2022, they predict that the maximum value of ApeCoin will be around $27.77, but it could fall as low as $23.98. A lot of people will pay $24.73 in December.
ApeCoin Price Prediction 2023
In 2023, it is thought that the lowest price of ApeCoin will be around $35.65. This is based on the prices of ApeCoin in the past. There may be a maximum price for APE that is about $41.93. Trading prices could be $36.64 on average in 2023, but this is an average figure. Read more; What To Look For In A Crypto Exchange.
ApeCoin Price Prediction 2024
Cryptocurrency experts have done technical analysis of the prices of ApeCoin, and they say that in 2024, APE is likely to be worth about $53.50 and $62.60. The average cost of trading is $55.33.
ApeCoin Price Prediction 2025
Cryptocurrency experts have looked at the prices of ApeCoin and how they changed over the last few years. As far as prices go, it is thought that in 2025, the lowest APE price might be $77.64, and the highest could be $94.50. Now and then, the trading price will be about $80.41.
Potential Highs & Lows of ApeCoin
The ApeCoin price is still up over 193 percent from its debut price today, indicating that investors believe the currency has long-term potential. Cryptocurrency values, especially those newly listed on exchanges, are notoriously volatile, as anyone who has invested in Bitcoin knows.
Our research for our ApeCoin price prediction has helped enlighten probable highs and lows that the currency could experience in the years ahead, even though price data is currently scarce. Speculative investors looking for regions of interest on the price chart should find this helpful information. Read also; Right Ways to Get Started in Crypto for Beginners.
The table below presents these potential highs and lows, which are helpful to keep in mind:
|Year||Potential High||Potential Low|
Is ApeCoin Worth Investing In 2022?
ApeCoin is still an outstanding digital currency to invest in if you want to make money in the future. Because it is an NFT money, the asset is prone to high price volatility. It’s also a tempting option due to its inexpensive cost. ApeCoin is one of the most intriguing cryptocurrencies on the market today. Is it, however, the most significant cryptocurrency to invest in? Our ApeCoin price projection indicates that the asset has potential.
In conclusion, ApeCoin is unquestionably a viable investment option in 2022. Most crypto publications foresee a continuous increase in price by the end of the year and over the next few years, with an astonishing peak of over 450 percent by 2026, according to future predictions for ApeCoin. As a result, now is a perfect moment to buy ApeCoin.