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!
Get the latest crypto essentials first
Subscribe to our newsletters to stay aware of crypto trends
ApeCoin (APE) Live Price Chart
ApeCoin Technical Analysis
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.
ApeCoin Price Prediction
2022 | $50 |
2023 | $55 |
2024 | $45 |
2025 | $60 |
2030 | $100 |
ApeCoin Price Prediction for 2022
Most experts compare ApeCoin to SHIB, and expect APE to reach Shiba Inu’s market cap in the near future. If that happens in the near future, with the current circulating supply of the token still being equal to 227,5M, then the price of APE will be $60. Therefore, at the moment, we think that $60 is definitely within reach for ApeCoin in 2022.
There will also be some inevitable ups and downs throughout the year and potentially a mooning or two as the hype for ApeCoin grows. As a result, we think its potential maximum price is quite high. However, we also have to consider that it has already been listed on most major exchanges — so it won’t be able to take advantage of the hype that always surrounds new listings.
As for its average price in 2022, that’s hard to say. At the moment, we think it will end up being around $50.
ApeCoin (APE) April 2022
According to expert ApeCoin price predictions, the APE token is expected to continue rising all throughout April 2022. The cryptocurrency market is currently on the cusp of a massive bull run, and APE is receiving a lot of hype. Both APE price and market cap continue going up every day.
At the moment, our April 2022 price forecast states that APE token has the potential to reach a maximum price of $30 and more, and is unlikely to go below a minimum price of $10. Its average price in April will likely stay around $20-25, but will keep on slowly but steadily rising all throughout the month.
ApeCoin (APE) May 2022
If the bullish trend for both ApeCoin tokens and the rest of the crypto market continues in May, we can see APE reaching a price of up to $30.
ApeCoin (APE) June 2022
As global inflation becomes worse due to war and sanctions, cryptocurrencies may receive more attention from the public as an alternative investment opportunity. If that ends up happening, then ApeCoin will likely greatly benefit from all the hype. After all, the Bored Ape project has already shown that it knows very well how to promote itself.
According to our tentative ApeCoin price prediction for June, the token might triple its current price, crossing over the $40 mark.
ApeCoin Price Prediction for 2023
2023 is when things start to get complicated for ApeCoin. Unfortunately, there are way too many hyped up crypto projects that end up turning into worthless shitcoins mere months after launch. At the moment, our price forecast says that it is not likely to happen to APE, but potential long-term investors should still be careful.
If the positive trend continues, ApeCoin cryptocurrency might even overtake its 2022 highs in 2023. The token still has quite a lot of room to grow — its potential maximum price isn’t capped at $100.
Currently, our ApeCoin price prediction for 2023 is moderately conservative, yet still bullish — we expect ApeCoin price to stay at an average of $55 throughout the year.
ApeCoin Price Prediction for 2024
If ApeCoin DAO continues to develop, then APE price might very well keep rising in 2024, too. However, there’s a big possibility that it will begin declining instead. We think that due to the popularity of the project that it powers, ApeCoin will have a lot of chances to “moon” again — but its average price is likely to stay low.
After all, the “meme” cryptocurrency market is already oversaturated, and only time will tell if this project manages to carve out a niche for itself. At the moment, our ApeCoin price prediction for 2024 is an average of $45.
ApeCoin Price Prediction for 2025
ApeCoin’s price might reach $150 in 2025, or it might crash down to 0. The former is currently more likely, but we do think that APE’s real price in 2025 will be somewhere between these two numbers, staying at an average level of $60.
Our ApeCoin prediction for 2025 is fairly optimistic, as we believe the project has enough supporters to prop it up in the future. ApeCoin price today clearly shows a lot of potential, and we think that it will attract the attention of many investors. While there will be challenges, ApeCoin has all the chances to have a bright future.
ApeCoin Price Prediction for 2030
ApeCoin’s value is mostly tied to the hype around NFTs, the Bored Ape Yacht Club, and its own speculative value. Unfortunately, it is near impossible to predict whether the Bored Apes project will still be around — and popular — 8 years in the future. APE price will largely depend on how ApeCoin DAO develops and advertises itself in 2022 and beyond.
Considering the project has already started branching out — creating its own metaverse, cartoons, organizing real-world events, and more — we’d say there’s a good chance that APE price might remain strong in the future. We may even see it reach an average price of $100 in 2030.
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.