Table of Contents
Ape Coin (APE) is an ERC-20 token on Ethereum that is used in the Yuga Labs, the Bored Ape Yacht Club, and APE ecosystems. At its core, Ape Coin is a utility and governance token that serves various purposes, including:
Ape Coin is used in multiple platforms, including the following, which form an entire ecosystem.
As seen above, Ape Coin is used across a massive ecosystem of blockchain projects like NFTs, Metaverse, and crypto gaming.
Ape Coin’s future price may significantly impact the popularity of these projects in the following years. So, let’s check the Ape Coin price prediction 2023, 2025, and 2030.
One of the main factors affecting the Ape Coin price prediction 2030 is its price changes so far! APE showed a massive price potential, especially in its early days. However, it didn’t keep this price performance for long.
To get a clear picture of the Ape Coin price trends since its launch, check out the following chart. What follows the price chart is the Ape Coin financial analysis in detail.
At the time of writing, on Dec 20, 2022, Ape Coin is being held in more than 104K wallets. There have been 1.4 million APE transactions in the past 24 hours, with a trading volume of $134 million.
Although Ape Coin’s trading volume is high, it has a Liquidity Score of only 35%, meaning it can be challenging to trade this token during a bear market.
Take a close look as we break down other financial factors of Ape Coin, i.e., Tokenomics, ROI, Market Cap, ATH, and ATL.
The Ape Coin was launched at $0.18 on Mar 22, 2022, with a Strategic Sale in which the project raised $450 million.
Ape Coin has a Maximum Supply of 1 billion; as of today, nearly 37% of Ape Coins (361 million APE) are in circulation. The token distribution of Ape Coin is as follows.
Since it has been less than a year since Ape Coin was launched, it is not possible to calculate APE’s Annual Percentage Yield (APY). But it doesn’t mean we don’t have your ROI needs covered! Ape Coin’s ROI throughout different time spans is listed below.
The Ape Coin financial analysis indicates that the token has a Market Cap of more than $1.2 billion. Ape Coin ranks #33 in the market cap rankings among all crypto projects in the market.
As of today, on Dec 20, 2022, each Ape Coin is traded at $3.5, which is 86.9% lower than its All-Time High of $26.70 recorded on Apr 28, 2022. Also, its current price is 33% higher than its All-Time Low of $2.63 recorded on Nov 14, 2022.
In addition to financial analysis, Ape Coin’s fundamental analysis helps uncover some facts about this coin and its platform.
In the following sections, we will take a close look at Ape Coin’s team members and investors and analyse how popular the project is in the crypto community on social media platforms.
The APE Foundation, specifically the ApeCoin DAO, is overseen by a special council called the Board to apply the DAO’s votes on changes to the platform and administer its proposals.
The initial Board’s members serve for six months; after that, the DAO members would annually vote on Board members. Currently, the Board consists of well-known crypto experts, including:
Ape Coin had two fundraising rounds, one in July 2021 and the other in March 2022.
Ape Coin’s main social media platform is none other than Twitter. The APE token and projects affiliated with it, such as BAYC and MAYC, have always had an active, enthusiastic community on Twitter.
The data on Ape Coin popularity from Cryptologist indicates that over the past six months, APE’s popularity on Twitter has grown by 225%!
For further clarification, take a look at Ape Coin’s six-month popularity chart below and then dive into the Ape Coin price prediction!
In the following table, you can see the Ape Coin price prediction 2023, 2024, 2025 and 2030, along with its predicted minimum, average and maximum prices at a glance. We’ll elaborate on each year’s details in the following section.
The Ape Coin price prediction 2023 suggests that this token would have a price growth of 54% and cost $5.32 on average. Ape Coin’s minimum and maximum prices can grow by 50% and 84% during 2023.
Crypto experts predict that the Ape Coin can grow by 113% on average in 2024 and reach $7.36. Ape Coin’s maximum growth rate is estimated to be 130%, and its minimum growth rate is predicted to be 106%.
According to Ape Coin's price prediction 2025, the price of each APE can grow by 213% on average and reach $10.80. Ape Coin’s price can increase by 205% at a minimum and cost $10.51. Also, the coin has the potential to grow by 265% at a maximum and cost $12.58 in 2025.
The Ape Coin price prediction 2030 estimates that each APE token can experience a 2,139% growth on average and reach $77.03. During 2030, the minimum and maximum price growth the Ape Coins can see are predicted to be 2,064% and 2,451%, respectively.
Throughout the past year, Yuga Labs managed to make its products something more than “just regular crypto projects”, and Ape Coin’s early price pump endorses it.
Ape Coin would make a good investment, especially for users looking for an altcoin with an experienced team, a promising future in Metaverse, well-known investors, an active community, and price volatility good enough for day trading!
However, remember that Ape Coin is not a risk-free investment as data indicates the token has a current Liquidity Score of only 35%, so it is best to use the Cryptologist Screening Tool to evaluate your options and monitor the changes before making investment decisions.
Ape Coin is an ERC-20 token developed for the Bored Ape Yacht Club NFTs community. Ape Coin’s main purpose is to fuel an ecosystem of digital art, games, merch and events and act as a governance and utility token.
According to Ape Coin price prediction, this token’s price has the potential to grow by more than 2,000% by 2030. To find more projects like Ape Coin, check out Cryptologist!
Having learned all about Ape Coin, let’s answer some of the most commonly asked questions about this unique token.
Considering the crypto market’s current state and market value, we can’t assume Ape Coin will reach $100 anytime soon. However, as the crypto market grows, APE can cross $100 after 2030.
Ape Coin price predictions suggest that Ape Coin can perform very well in the long run.
The main reason behind Ape Coin’s popularity is that Ape Coin was launched by the team behind the viral NFT collection Bored Ape Yacht Club and is directly tied to the BAYC’s ecosystem.
Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation, or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation, and legal advice.
© 2022 - Created by Cryptologi.st