intermediate
ApeCoin, aptly named after a very popular animal in trading circles, is a cryptocurrency inspired by the famous NFT collection, the Bored Ape Yacht Club. This ERC-20 token is used for governance purposes in the APE ecosystem. APE powers the community that is currency building at the forefront of web3.
ApeCoin holders will be able to decide what direction the ecosystem will develop in, and can vote on how ApeCoin DAO funds will be distributed. 62% of all APE tokens were allocated to the ApeCoin ecosystem fund — they will be used to carry out the project’s various initiatives.
Although ApeCoin does have a real value, its connection to an NFT fund causes many to treat it as a meme token, if not an overhyped shitcoin. Investors have divided opinions on the ApeCoin cryptocurrency, with some being firmly behind it and others expecting its bubble to burst within weeks.
In our ApeCoin price prediction, we will try to acknowledge both of these sides, and attempt to make a price forecast that will strike a balance between the two polarizing opinions on APE coin. Please remember that the contents of this article do not constitute investment advice, and that you should always do your own research before investing in any crypto. Now, let’s dive in!
ApeCoin Overview
ApeCoin Prediction Table
ApeCoin Historical
ApeCoin Price Prediction 2023
According to the technical analysis of ApeCoin prices expected in 2023, the minimum cost of ApeCoin will be $5.01. The maximum level that the APE price can reach is $5.49. The average trading price is expected around $5.16.
APE Price Forecast for May 2023
Based on the price fluctuations of ApeCoin at the beginning of 2023, crypto experts expect the average APE rate of $4.00 in May 2023. Its minimum and maximum prices can be expected at $3.62 and at $4.11, respectively.
June 2023: ApeCoin Price Forecast
Cryptocurrency experts are ready to announce their forecast for the APE price in June 2023. The minimum trading cost might be $4.00, while the maximum might reach $4.31 during this month. On average, it is expected that the value of ApeCoin might be around $4.16.
APE Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of ApeCoin in 2023 and in previous years, so the average APE rate they predict might be around $4.32 in July 2023. It can drop to $4.17 as a minimum. The maximum value might be $4.48.
August 2023: ApeCoin Price Forecast
In the middle of the year 2023, the APE price will be traded at $4.41 on average. August 2023 might also witness an increase in the ApeCoin value to $4.69. It is assumed that the price will not drop lower than $4.22 in August 2023.
APE Price Forecast for September 2023
Crypto experts have analyzed ApeCoin prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $4.59. The lowest and peak APE rates might be $4.40 and $4.87.
October 2023: ApeCoin Price Forecast
Crypto analysts expect that at the end of summer 2023, the APE price will be around $4.77. In October 2023, the ApeCoin cost may drop to a minimum of $4.58. The expected peak value might be $5.10 in October 2023.
APE Price Forecast for November 2023
Having analyzed ApeCoin prices, cryptocurrency experts expect that the APE rate might reach a maximum of $5.29 in November 2023. It might, however, drop to $4.81. For November 2023, the forecasted average of ApeCoin is nearly $4.96.
December 2023: ApeCoin Price Forecast
In the middle of autumn 2023, the ApeCoin cost will be traded at the average level of $5.16. Crypto analysts expect that in December 2023, the APE price might fluctuate between $5.01 and $5.49.
ApeCoin Price Prediction 2024
After the analysis of the prices of ApeCoin in previous years, it is assumed that in 2024, the minimum price of ApeCoin will be around $7.36. The maximum expected APE price may be around $8.67. On average, the trading price might be $7.57 in 2024.
ApeCoin Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of ApeCoin, in 2025, APE is expected to have the following minimum and maximum prices: about $10.80 and $12.94, respectively. The average expected trading cost is $11.10.
ApeCoin Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of ApeCoin and their fluctuations during the previous years. It is assumed that in 2026, the minimum APE price might drop to $15.85, while its maximum can reach $18.58. On average, the trading cost will be around $16.29.
ApeCoin Price Prediction 2027
Based on the analysis of the costs of ApeCoin by crypto experts, the following maximum and minimum APE prices are expected in 2027: $27.30 and $22.56. On average, it will be traded at $23.21.
ApeCoin Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of ApeCoin. Based on their predictions, the estimated average APE price will be around $34.73. It might drop to a minimum of $33.80, but it still might reach $39.35 throughout 2028.
ApeCoin Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of ApeCoin. It is estimated that APE will be traded between $48.09 and $58.32 in 2029. Its average cost is expected at around $49.48 during the year.
ApeCoin Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the ApeCoin’s price. The year 2030 will be determined by the maximum APE price of $84.08. However, its rate might drop to around $70.11. So, the expected average trading price is $72.58.
ApeCoin Price Prediction 2031
After years of analysis of the ApeCoin price, crypto experts are ready to provide their APE cost estimation for 2031. It will be traded for at least $99.53, with the possible maximum peaks at $123.37. Therefore, on average, you can expect the APE price to be around $102.43 in 2031.
ApeCoin Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the ApeCoin’s price. The year 2032 will be determined by the maximum APE price of $175.12. However, its rate might drop to around $145.17. So, the expected average trading price is $150.28.
There are a few reasons why it is incredibly challenging to make ApeCoin price predictions. First of all, its fundamental value as a token is tied to a hype-dependent project — an NFT collection. Although the Bored Ape Yacht Club is one the biggest projects of its kind and has been picked up by many celebrities, it has already started declining in popularity.
Of course, the project isn’t just about NFTs: it’s about networking with the rich and famous at in-person parties, it’s about supporting a platform that does cool things in the blockchain industry, and much more.
Although many ideas behind NFTs are incredible in theory, many people are not as fond of them in practice. The concerns we hear most often are fairly justified: high levels of power consumption, the speculative nature of crypto, lack of proper regulation, and so on. However, some of them are already being resolved — now it’s just a matter of changing the public’s perception.
At the time of writing, all technical indicators were showing a strong bullish trend for ApeCoin, with the APE/USD pair receiving a “Strong Buy” signal on most technical analysis platforms. There’s no saying how ApeCoin will behave in the future, but it is clear it’s pumping right now.
Here’s ApeCoin technical analysis from TradingView, updated in real-time.
You can buy ApeCoin on most top cryptocurrency exchanges, including Changelly. Get it now on our website or in our app at fair rates and low fees.
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Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Source: https://changelly.com/blog/apecoin-price-prediction/
