ApeCoin Price Prediction 2023-2032
- ApeCoin Price Prediction 2023 – up to $1.672
- ApeCoin Price Prediction 2026 – up to $5.65
- ApeCoin Price Prediction 2029 – up to $16.04
- ApeCoin Price Prediction 2032 – up to $47.31
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?
The current price of APE is $1.74, with a 24-hour trading volume of $78.751 million. ApeCoin is up 4.65% in the last 24 hours. The current MarketCap ranking is #95, with a live crypto market cap of $642.8516 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
TL; DR Breakdown
- APE is down 51.38% in the last 12 months and up 2.82% over the previous 30 days.
- It extended gains in December and reached a high of $1.89.
APE’s decline accelerated in June, forcing it to trade below $2 multiple times. In August, it fell to a low of $1.345, after which it briefly recovered. It extended the losses in September, falling to as low as $1.076. Positive market sentiment helped it hit the $1.434 mark in October. It extended the gains in December, reaching a high of $1.89.
APE price analysis 1-day chart
Bears dominated the APE market from February to September, after which the bulls took control. It is down 51.38% in the last 12 months and up 2.82% over the previous 30 days.
APE registered negative momentum this week, correcting from a high of $1.89. Its 14-day Relative Strength Index (RSI) is at 54.19 the neutral level.
APE/USD 4-hour price chart
The 4-hour chart highlights ApeCoin’s movement and ‘choppiness’ throughout the month.
The MACD indicator shows the coin registers positive momentum, with its RSI at 55.00.
What to expect from APE price analysis next?
APE is moving sideways this weekend. The charts suggest APE will continue sideways for the rest of the month.
Recent News
Millions of dollars’ worth of high-value NFTs, including prized Bored Ape and Mutant Ape Yacht Club tokens, World of Women NFTs, VeeFriends, and Art Blocks, were stolen in a significant hack of the peer-to-peer trading platform, NFT Trader.
The attack was officially confirmed by NFT Trader in a post, revealing that “old smart contracts” had been targeted by hackers. Users were urgently advised to revoke any permissions they had granted to these now-compromised smart contracts in the past.
Going by the pseudonym ‘foobar,’ one user claimed that the attacks had ceased after NFT Trader updated its smart contracts to address a reentrancy vulnerability.
The primary attacker behind the breach publicly declared responsibility on the blockchain. In an astonishing twist, they pointed fingers at another user, alleging that the NFT exploit had been the brainchild of this individual. The attacker went on to justify their actions by stating that the hack aimed to “pick up residual garbage.” In an audacious move, the hacker offered to return the stolen tokens to their rightful owners, but only in exchange for a ransom of 3 ETH per Bored Ape and 0.6 ETH per Mutant Ape.
The attacker’s actions, however, have been marked by inconsistency. They refunded one Bored Ape alongside 31 ETH to a single user and returned specific staked Bored Ape NFTs to their respective owners while retaining the ApeCoin rewards.
In addition to the primary attack on NFT Trader, there were reports of auxiliary hacks targeting other NFT collections, such as Cool Cats and Squiggles, resulting in further losses for unsuspecting users.
ApeCoin Price Prediction 2023-2032
ApeCoin APE Price Prediction by Cryptopolitan
| Year | Minimum Price $ | Average Price $ | Maximum Price $ |
| 2023 | $1.51 | $1.67 | $1.72 |
| 2024 | $2.44 | $2.53 | $2.83 |
| 2025 | $3.65 | $3.78 | $4.26 |
| 2026 | $5.50 | $5.65 | $6.43 |
| 2027 | $7.77 | $8.05 | $9.55 |
| 2028 | $10.75 | $11.15 | $13.20 |
| 2029 | $15.48 | $16.04 | $18.85 |
| 2030 | $21.77 | $22.41 | $26.86 |
| 2031 | $31.04 | $31.94 | $37.50 |
| 2032 | $45.72 | $47.31 | $54.31 |
ApeCoin Price Prediction 2023
In our 2023 ApeCoin’s price prediction, we anticipate a minimum trading price of $1.51 and an average value of $1.67 for the token. With several scheduled ecosystem upgrades, we expect ApeCoin APE to experience a surge in value and reach a maximum price of $1.72.
ApeCoin Price Prediction 2024
According to our ApeCoin APE price prediction for 2024, we expect a minimum price of $2.44 and an average price of $2.53. However, if ApeCoin APE’s growth trajectory persists, we predict its value could reach as high as $2.83 at its peak.
ApeCoin Price Prediction 2025
According to our ApeCoin APE price prediction for 2025, the minimum price of APE will be $3.65, while the average price will be around $3.78. There is potential for significant growth in the value of ApeCoin APE during this period, with the token possibly reaching a maximum price of $4.26 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 $5.50 and an average predicted value of $5.65. We expect APE’s price to surge to a maximum of $6.43 by 2026.
ApeCoin Price Prediction 2027
Our ApeCoin APE price prediction for 2027 is a minimum value of $7.77 with an average trading price of $8.05. Based on the ApeCoin APE price prediction for 2027, the price could reach a maximum of $9.55 during the year.
ApeCoin Price Prediction 2028
Based on our ApeCoin APE price predictions for 2028, the APE token is anticipated to experience a bullish trend with a predicted floor price of $10.75 and an average trading value of $11.15. The highest possible price for 2028 is estimated to reach $13.20, 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 $15.48. The APE token will experience significant growth, with a maximum potential price value of $16.04 and an average projected value of $18.85.
ApeCoin Price Prediction 2030
According to our ApeCoin APE price prediction for 2030, the cryptocurrency’s value may drop to a low of $21.77 by year-end. However, we expect the average trading price to be $22.44 and the maximum estimated price to reach as high as $26.86.
ApeCoin Price Prediction 2031
Based on our ApeCoin price prediction for 2031, the minimum price of APE will be approximately $31.04, while the average price will be around $31.94. The maximum estimated value for APE in 2031 will reach $37.50.
ApeCoin Price Prediction 2032
According to our ApeCoin price prediction for 2032, the APE coin will rise steadily. However, the minimum price of the coin will be $45.72. The average trading price is estimated at $47.31, indicating steady growth. The maximum estimated price for 2032 is $54.31, showing a potential surge in price.
ApeCoin Price Predictions by WalletInvestor
Wallet Investor uses technical analysis to provide a detailed Apecoin price prediction. The platform indicates. ApeCoin’s past performance index rating of C, it adds that APE would make a bad one-year investment. The expected average price in 2024 will be $0.0954. ApeCoin’s return on investment (ROI) will be -94.136% in 2024. In 2025, the ROI will be -84.828%; in 2026, it will be -49.439%; in 2027, it will be -10.638%. 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.
In 2024, APE will trade at an average price of $1.942 in January and $2.359 in December. In 2025, APE will sell at an average price of $2.435 in January and $3.139 in December.
ApeCoin Price Predictions by Digitalcoin Price
ApeCoin will be on a bullish trend from 2023 to 2032; the maximum value of APE for the entire duration will be $24.83. In 2024, it will trade at a mean price of $4.10. It will reach a maximum price of $4.1 and a minimum of $3.46. In 2025, it will trade at a mean price of $5.77. It will reach a maximum price of $5.87 and a minimum of $4.75. In 2032, it will trade at a mean price of $30.87. It will reach a maximum price of $31.30 and a minimum of $30.24.
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 $1.691409 in 2024, $1.864778 in 2026, and $2.266649 in 2030.
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% within 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.io recorded an incredibly large $214.
In late March 2022, VC powerhouse Andreessen Horowitz led a funding round of $450 million, bringing the company’s valuation to an astounding $4 billion.
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.
The floor price of the Bored Ape Yacht Club NFT collection reached all-time lows, an 84.3% decline from its peak in 2022. In 2023, the coin was in a bear run until October, when it started recovering.
Source: https://coinstats.app/coins/apecoin/
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. The cryptocurrency was created and launched by ApeCoin DAO, a decentralized autonomous organization dedicated to promoting the coin in the future years. Hosted on the Ethereum blockchain, ApeCoin is an ERC-20 token for governance and utility.
How does ApeCoin Work?
The Bored Ape Yacht Club, long renowned for its satire and humor in trading circles, was the basis for ApeCoin, a cryptocurrency named after a well-known animal. The APE token is a governance mechanism in the APE ecosystem.APE powers the community that is cryptocurrency development at the forefront of web3.
ApeCoin cryptocurrency holders can choose the ecosystem’s path and how the DAO spends its funds.
Many consider ApeCoin a meme token if not an excessively hyped currency. Some investors/ whales are firmly behind ApeCoin, while others believe its bubble will burst in months.
You can buy ApeCoin on popular exchanges like Binance, Coinbase, and Kraken.
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. However, the coin has a limited utility, 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, research 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.
