ApeCoin Price Prediction 2023-2032
- ApeCoin Price Prediction 2023 – up to $2.32
- ApeCoin Price Prediction 2026 – up to $7.94
- ApeCoin Price Prediction 2029 – up to $26.27
- ApeCoin Price Prediction 2032 – up to $82.93
The NFT industry has been booming for the past few years and is not stopping anytime soon. The NFT project Bored Ape Yacht Club has been one of the most successful in the blockchain industry. However, recent statistics indicate that the project is losing its momentum. Various APE price highlights unfold in this ApeCoin Price Prediction.
How much is ApeCoin (APE) worth?
Today’s ApeCoin price is $1.48, with a 24-hour trading volume of $57.28 million. ApeCoin is up 4.99% in the last 24 hours. The current MarketCap ranking is #61, with a live market cap of $545.167 million. It has a circulating supply of 368,593,750 APE coins and a maximum supply of 1,000,000,000 APE coins.
ApeCoin price analysis: ApeCoin registers gains
TL; DR Breakdown
- APE is down 70.28% in the last 12 months and 22.31% over the previous 30 days.
- It fell to an annual low of $1.345 this month.
- It flirts above oversold territory on the daily timeframes but is correcting.
Shiba Inu (SHIB), Pepe (PEPE), and ApeCoin performed well against Bitcoin earlier in the month. Later, the coins succumbed to market pressure as they resumed annual lows.
APE price analysis 1-day chart: APE/ USDT at annual lows
Bears have dominated the APE market since February. It is down 70.28% in the last 12 months and 22.31% over the previous 30 days. APE’s decline accelerated in June, forcing it to trade below $2 multiple times. In August, it fell to an annual low of $1.345, after which it briefly recovered. It broke below the moving averages over the weekend and began recovering this week.
APE’s negative momentum dropped over the last five days. The 14-day Relative Strength Index is 30.79, edging closer to oversold territory, while the William Alligator feeds as volatility rises.
APE/USD 4-hour price chart: APE/ USD loses momentum
The 4-hour chart highlights ApeCoin’s movement in August. Bears overpowered the bulls as it fell to an annual low on 17 August. The coin lost momentum last week. This week, its positive momentum is growing.
The William Alligator trendlines converge as volatility drops. Its momentum is positive, with its RSI constricted at 50.95, at the neutral level.
What to expect from APE price analysis next?
APE fell to its lowest point this year following a negative market sentiment. This week, it flirts above oversold territory on the daily timeframes. The coin is registering positive gains.
Latest News
The Bored Ape Yacht Club (BAYC) NFT collection and ApeCoin have experienced significant declines in value. The floor price of the Bored Ape Yacht Club NFT collection has reached an all-time low, with a 92% decline from its peak in the previous year. According to data from CoinGecko, the floor price dropped to 27.4 ETH (about $53,000) before rebounding slightly. The BAYC NFT collection has been affected by the broader cooldown in the NFT market and the impact of the crypto winter, which has also affected the price of Ethereum.
As for ApeCoin (APE) fell to an all-time low of $1.83 on July 7, 2023, representing a 93% decline from its all-time high. The price of ApeCoin increased after its launch but has been on a downward trend since April 2022. The price action and indicators do not show signs of a bullish trend reversal, indicating that the downward trend may continue.
The decline in the prices of Bored Ape Yacht Club NFTs and ApeCoin aligns with the overall trend in the NFT market, where many collections have experienced dips in recent months. The Bored Ape Yacht Club NFTs, which act as the gateway to the APE ecosystem, have also seen rapid price falls, with the floor price dropping below 30 ETH (about $58,700) for the first time since November 2021. If the floor price were to break down further, it could fall to the all-time low region below 10 ETH.
ApeCoin Price Prediction 2023-2032
ApeCoin APE Price Prediction by Cryptopolitan
| Year | Minimum Price $ | Average Price $ | Maximum Price $ |
| 2023 | 2.05 | 2.12 | 2.32 |
| 2024 | 3.00 | 3.08 | 3.49 |
| 2025 | 4.50 | 4.66 | 5.18 |
| 2026 | 7.05 | 7.24 | 7.94 |
| 2027 | 10.44 | 10.73 | 12.37 |
| 2028 | 15.05 | 15.58 | 18.32 |
| 2029 | 21.80 | 22.43 | 26.27 |
| 2030 | 30.84 | 31.96 | 37.03 |
| 2031 | 47.46 | 48.74 | 54.68 |
| 2032 | 70.96 | 72.91 | 82.93 |
ApeCoin Price Prediction 2023
In our 2023 ApeCoin APE price prediction, we anticipate a minimum trading price of $2.05 and an average value of $2.12 for the token. With several scheduled ecosystem upgrades, we expect ApeCoin APE to experience a surge in value and reach a maximum price of $2.32.
ApeCoin Price Prediction 2024
According to our ApeCoin APE price prediction for 2024, we expect a minimum price of $3.00 and an average price of $3.08. However, if ApeCoin APE’s growth trajectory persists, we predict its value could reach as high as $3.49 at its peak.
ApeCoin Price Prediction 2025
According to our ApeCoin APE price prediction for 2025, the minimum price of APE will be $4.50, while the average price will be around $4.66. There is potential for significant growth in the value of ApeCoin APE during this period, with the token possibly reaching a maximum price of $5.18 by the end of 2025.
ApeCoin Price Prediction 2026
According to price prediction for 2026, we expect the minimum price of the coin to be $7.05 and an average predicted value of $7.24. We expect APE’s price to surge to a maximum of $7.94 by 2026.
ApeCoin Price Prediction 2027
Our ApeCoin APE price prediction for 2027 is a minimum value of $10.44. with an average trading price of $10.73. Based on the ApeCoin APE price prediction for 2027, the price could reach a maximum of $12.37 during the year.
ApeCoin Price Prediction 2028
Based on our ApeCoin APE price prediction for 2028, the APE token is anticipated to experience a bullish trend with a predicted floor price of $15.05 and an average trading value of $15.58. The highest possible price for 2028 is estimated to reach $18.32, reflecting a significant increase in the token’s valuation.
ApeCoin Price Prediction 2029
Our ApeCoin APE price prediction for 2029 suggests that the minimum price level could be $21.90. The APE token will experience significant growth, with a maximum potential price value of $26.27 and an average projected value of $22.43.
ApeCoin Price Prediction 2030
According to our ApeCoin APE price prediction for 2030, the cryptocurrency’s value may drop to a low of $30.84 by year-end. However, we expect the average trading price to be $31.96 and the maximum estimated price to reach as high as $37.03.
ApeCoin Price Prediction 2031
Based on our ApeCoin APE price prediction for 2031, the minimum price of APE will be approximately $47.46, while the average price will be around $48.74. The maximum estimated value for APE in 2031 will reach $54.68.
ApeCoin Price Prediction 2032
According to our ApeCoin APE price prediction for 2032, the APE coin will rise steadily. However, the minimum price of the coin will be $70.96. The average trading price is estimated at $72.91, indicating steady growth. The maximum estimated price for 2032 is $82.93, showing a potential surge in price.
ApeCoin Price Predictions by WalletInvestor
Wallet Investor uses technical analysis to forecast various cryptocurrencies like ApeCoin. The platform indicates. ApeCoin’s past performance index rating of B+; it adds that APE would make a bad one-year investment. The expected average price in 2024 will be $0.1829. ApeCoin’s return on investment (ROI) will be -87.99% in 2024. In 2025 the ROI will be -89.78%; in 2026, it will be -90.80%; in 2027, it will be -92.15%. According to the analysis, the ApeCoin price is bearish over the entire period.
ApeCoin Price Predictions by CryptoPredictions
The site scans a coin’s exchange prices and other historical market data and analyses it to provide APE coin price prediction.
Their ApeCoin price forecast for 2023 is $2.144 in September and $1.176 in December.
In 2024, APE will trade at an average price of $1.885 in January and $3.182 in December. In 2025, APE will sell at an average price of $3.273 in January and $4.095 in December.
ApeCoin Price Predictions by DigitalcoinPrice
ApeCoin will be on a bullish trend from 2023 to 2032; the maximum value of APE for the entire duration will be $36.06. In 2024 it will trade at a mean price of $4.73. It will reach a maximum price of $4.77 and a minimum of $3.99. In 2025, it will trade at a mean price of $6.65. It will reach a maximum price of $6.76 and a minimum of $5.47. In 2032 it will trade at a mean price of $35.57. It will reach a maximum price of $36.06 and a minimum of $34.84.
ApeCoin Predictions By Industry Experts
ApeCoin price predictions by Binance, the world’s largest exchange by trading volume, indicate a bullish price projection; APE will average at $1.946869 in 2024, $2.146423 in 2026, and $2.60899 in 2030. In 2050, APE will be at $6.922428.
Jerry Banfield Crypto goes hard on ApeCoin. Here is a summary of his analysis:
- BTC is up 73.54% year to date (YTD). APE is down 53.3% YTD. It is the worst performer of the top 100 coins by market cap.
- Scheduled millions of dollars in APE unlocks waiting to happen. The next unlock is worth $25 million.
- 57% of the total circulating supply to be unlocked in one year.
- Poor fundamentals.
- Top 500 holders hold 98.19% of all ApeCoins, which is highly centralized.
Based on the analysis, Jerry judges APE as one of the worst cryptos.
ApeCoin Overview
ApeCoin Price History
When Yuga Labs debuted the Bored Ape and Mutant Ape NFT collections, they became the most popular NFT brand. Yuga Labs founded Apecoin to power the entire operation of their apps and services offered for them to be improved. APE price fell to a low of $6.48 within an hour, and it remained in a sideways range between that figure and $9.35 for the rest of the afternoon. Many investors were concerned by the huge gaps in APE’s value, with several centralized exchanges claiming that ApeCoin had dropped 80% in a few hours of its launch.
The ApeCoin team knows the project’s high risk and price volatility but believes the long-term potential rewards justify these risks. On the minute of the airdrop, Binance recorded a high of $28 on its one-minute chart, while Gate recorded an incredibly large $214.
In late March, VC powerhouse Andressen Horowitz led a funding round that cost Yugat $4 billion, bringing the company’s valuation to an astounding $4 billion. The coin has recovered some market momentum and is currently priced at $12.80.
Later, when Yuga Labs said it was working on an “Otherside metaverse,” there were a lot of positive developments. On 28 April, the price was $26.91, setting a new all-time high. Since then, however, it has dropped significantly, and the current price is $3.88, with a 24-hour trading volume of $385,646,11.
The floor price of the Bored Ape Yacht Club NFT collection has reached an all-time low, with a 92% decline from its peak in the previous year. ApeCoin (APE) hit an all-time high of $39.40 on March 17, 2022. Its all-time low is at $1.
More on the Apecoin Network
What is ApeCoin?
ApeCoin (APE) is a digital asset that allows users to send and receive payments securely and efficiently. ApeCoin is built on blockchain technology and utilizes a peer-to-peer network to facilitate transactions. APE is used in the ApeEcosystem to encourage a decentralized community that advances Web3.
Team Behind ApeCoin
The ApeCoin team comprises experienced professionals from various backgrounds. Yuga Sato leads the team . Other members of the team include Daisuke Tanaka, who is the CTO of ApeCoin, and Kenta Suzuki, who is the Head of Business Development.
A group advises the ApeCoin team of experienced individuals from the blockchain and cryptocurrency industry. These advisors include Vitalik Buterin, the founder of Ethereum, and Daico Takahashi, the co-founder of OmiseGO.
What Is The ApeCoin Foundation?
The ApeCoin Foundation is a decentralized autonomous organization responsible for developing and adopting the ApeCoin token. It’s not like a regulator; it’s more of a foundation layer on which holders of ApeCoin in the ApeCoin DAO may build.
Mission
The Foundation’s objective is to provide decentralized and community-led governance, and it aims to become more decentralized over time. It is in charge of the ApeCoin DAO’s decisions and responsible for day-to-day management, accounting, project management, and other duties that ensure the DAO community’s ideas receive the support they require to come to reality.
The APE Foundation’s mission is to promote and protect the APE ecosystem fairly and inclusively. The ApeCoin Foundation’s primary objective is to utilize the Ecosystem Fund, which is governed by a multisig wallet, to pay its costs as directed by the ApeCoin DAO while providing an infrastructure for ApeCoin owners to collaborate via open and free governance procedures.
Vision
ApeCoin’s vision is to create a decentralized future where everyone has an equal say. The project aspires to build a global community of ApeCoin holders who can shape the future of the APE ecosystem.
The ApeCoin Foundation’s vision is to provide an infrastructure for ApeCoin owners to collaborate via open and free governance procedures.
ApeCoin also plans to use the APE ecosystem to create digital gaming, entertainment, and art.
Also Read:
- Snoop Dogg: Opening Bored Ape NFT-themed restaurant
- This Week Azuki Joins Bored Apes and Crypto Punks in the WAGMI Space Race
- Bored Ape NFTs set to hit TV screens with Coinbase`s animated film series
- Bored Ape NFT spinoff collection sparks a copyright lawsuit
Conclusion
The APE ecosystem has continued to draw investors who use the platform to explore opportunities its ecosystem presents, including Defi, DAO, and NFTs. A quick look at the Apecoins roadmap and recent developments show compelling reasons to invest in the coin.
There is a lot of hype around the Bored Ape Yacht Club NFTs. With celebrity backing and connection to that project, there is potential for the price of ApeCoin to rise during another Bitcoin bull run. Although, there is a limited utility with the coin, and community members have criticized its staking mechanics. The ApeCoin team is working hard to meet the community’s expectations and continue adding utility to the coin.
Given the current macroeconomic conditions plaguing all coins, it is doubtful the ApeCoin price prediction will reach higher than $3 by year’s end.
Overall, ApeCoin has a lot of hype and community support behind it right now, which will likely drive the price of APE. If you’re interested in investing in the token, do your own research first and follow current APE news before deciding when to buy, hold or sell.
Investing in ApeCoin is safe as a cryptocurrency but also carries volatility risks. Investing in cryptocurrencies such as ApeCoin on a regulated platform like Coinbase or eToro is also highly advisable.