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ApeCoin Price Prediction 2024-2033: Will APE Break $2 Resistance?

apecoin price prediction

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ApeCoin Price Prediction 2024-2033

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 ApeCoin price is $2.24, with a 24-hour trading volume of $152.41 million. ApeCoin is down 1.03% in the last 24 hours. The current Market capitalization ranking is #76, with a live Apecoin market cap of $1.355 billion. It has a circulating supply of 604,895,833 APE coins and a maximum supply of 1,000,000,000 APE coins.

ApeCoin price analysis

TL; DR Breakdown

  • APE is down 53.78% in the last 12 months and up 59.14% over the previous 30 days.
  • This month, it broke the $2 resistance.

In 2023, APE’s decline accelerated in June, forcing it to trade below $2 multiple times. Positive market sentiment helped it hit the $1.434 mark in October; it continued rising this year, reaching a high of $2.5.

APE price analysis 1-day chart

APE turned bullish in October 2023. It is down 53.78% in the last 12 months and up 59.14% over the previous 30 days.

APE registered positive momentum this week amidst high volatility. Currently, the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral; however, it’s pacing towards overbought territory.

There is no bearish divergence within the last four candles, which is no signal for price reversal from current areas.

APE/USD 4-hour price chart

The 4-hour chart highlights ApeCoin’s movement and ‘choppiness’ through 2024.

The MACD indicator shows the coin registers positive momentum.

What to expect from APE price analysis next?

The charts show APE has turned bullish. The green candles and positive momentum give a clear advantage to the bulls, the run helped the coin break the $2 resistance.

Is ApeCoin a good investment?

ApeCoin is a payment-ready cryptocurrency with a design that is identical to any other Web3 coin. Since ApeCoin is a widely used ERC-20 token, most retailers consider it acceptable. Additionally, the coin is already being used as NFT rewards; holders with the BAYC can cash in their free APE immediately. Our CP Price Prediction section will show how the coin will gain value in years to come.

Recent News

Yuga Labs, a leading force in the NFT industry, has expanded its portfolio by acquiring Proof, known for its Moonbirds collection, further cementing its status as a dominant player. Yuga Labs CEO Daniel Alegre expressed enthusiasm for integrating Proof into the Yuga ecosystem, highlighting the move to enhance art, culture, and community engagement on the blockchain. Although the financial details of the acquisition were not disclosed, the union is notable, considering Moonbirds’ once-celebrated status and its potential collaboration with Yuga Labs’ Otherside metaverse project. This strategic acquisition may positively influence the price of APE, Yuga Labs’ associated cryptocurrency, by boosting overall brand value, expanding the community, and integrating Moonbirds’ assets into high-profile projects like Otherside. However, the impact on APE’s price will also depend on broader NFT market trends, which have seen fluctuations in trading volumes compared to the peaks in previous years.

ApeCoin Price Prediction 2024-2033

ApeCoin Price Prediction by Cryptopolitan

ApeCoin price prediction 2024 - 2033
YearMinimum Price $Average Price $Maximum Price $
2024$1.88$1.95$2.29
2025$2.96$3.04$3.33
2026$4.57$4.72$5.20
2027$6.56$6.80$7.88
2028$9.54$9.88$11.35
2029$13.82$14.22$16.31
2030$20.49$21.06$24.31
2031$29.25$30.30$35.33
2032$42.94$44.46$51.87
2033$60.51$62.73$74.25

ApeCoin Price Prediction 2024

According to our ApeCoin APE price prediction for 2024, we expect a minimum price of $1.88 and an average price of $1.95. However, if ApeCoin APE’s growth trajectory persists, we predict its value could reach as high as $2.29 at its peak.

ApeCoin Price Prediction 2025

According to our ApeCoin APE price prediction for 2025, the minimum price of APE will be $2.96, while the average price will be around $3.04. There is potential for significant growth in the value of ApeCoin APE during this period, with the token possibly reaching a maximum price of $3.33 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 $4.57 and an average predicted value of $4.72. We expect APE’s price to surge to a maximum of $5.20 by 2026.

ApeCoin Price Prediction 2027

Our ApeCoin APE price prediction for 2027 is a minimum value of $6.56 with an average trading price of $6.80. Based on the ApeCoin APE price prediction for 2027, the price could reach a maximum of $7.88 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 $9.54 and an average trading value of $9.88. The highest possible price for 2028 is estimated to reach $11.35, 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 $13.82. The APE token will experience significant growth, with a maximum potential price value of $16.31 and an average projected value of $14.22.

ApeCoin Price Prediction 2030

According to our ApeCoin APE price prediction for 2030, the cryptocurrency’s value may drop to a low of $20.49 by year-end. However, we expect the average trading price to be $21.06 and the maximum estimated price to reach as high as $24.31.

ApeCoin Price Prediction 2031

Based on our ApeCoin price prediction for 2031, the minimum price of APE will be approximately $29.25, while the average price will be around $30.30. The maximum estimated value for APE in 2031 will reach $35.33.

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 $42.94. The average trading price is estimated at $44.46, indicating steady growth. The maximum estimated price for 2032 is $51.87, showing a potential surge in price.

ApeCoin Price Prediction 2033

In our 2033 ApeCoin’s price prediction, we anticipate a minimum trading price of $60.51 and an average value of $62.37 for the token. With several scheduled ecosystem upgrades, we expect ApeCoin APE to experience a surge in value and reach a maximum price of $74.25.

ApeCoin Price Predictions by WalletInvestor

Wallet Investor uses technical analysis to provide a detailed Apecoin price forecast. 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 2025 is $0.1031. ApeCoin’s return on investment (ROI) will be -92.511% in 2025. In 2026, the ROI will be -93.468%; in 2027, it will be -95.389%; in 2028, it will be -93.524%. 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 $1.475 in June and $1.918 in December. In 2025, APE will sell at an average price of $1.983 in January and $2.590 in December.

ApeCoin Price Predictions by Digitalcoin Price

ApeCoin will be on a bullish trend from 2024 to 2033; the maximum value of APE for the entire duration will be $26.72. In 2025, it will trade at a mean price of $3.44. It will reach a maximum price of $3.56 and a minimum of $2.96. In 2027, it will trade at a mean price of $5.96. It will reach a maximum price of $6.27 and a minimum of $5.30. In 2033, it will trade at a mean price of $26.41. It will reach a minimum of $25.81. 

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 $1.449827 in 2025, $1.598434 in 2027, and $1.850388 in 2030.

ApeCoin Overview

MARKETCAPCIRCULATING SUPPLYALL-TIME LOWPOPULARITYALL-TIME HIGH
$528 Million604,895,833$1.00106$39.40

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, whileGate.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, rising from a low of $1 to a high of $1.8. It trades at the $1.5 mark this year.

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.

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 probably drive the price of APE. If you’re interested in investing in the token, conduct own 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.

FAQs

What is the current ApeCoin sentiment?

The current ApeCoin sentiment is bullish, according to our technical analysis. The majority of technical indicators are showing buy.

How do I predict cryptocurrency prices?

You can predict cryptocurrency prices by considering both on-chain and off-chain metrics, as well as technical indicators that take into account ApeCoin’s past price performance. You can also gauge the market sentiment to see whether investors are optimistic or pessimistic about ApeCoin. However, there is no way to predict the future with 100% success, and past performance is no guarantee of future results.

Is it profitable to invest in ApeCoin?

According to our historical data and technical analysis, it is currently profitable to invest in ApeCoin. This is a suggestion, not investment advice.

What is the ApeCoin death cross and golden cross?

The ApeCoin death cross happens when ApeCoin’s 50-day SMA falls below the 200-day SMA. Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The ApeCoin golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA.

Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses. However, all definitions include a short-term SMA crossing above or falling below a long-term SMA.

What is the Fear & Greed Index and what does it indicate?

The Fear & Greed Index indicated the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell. The Fear & Greed index is calculated using various metrics, including price volatility, trading volume, social media sentiment, and more.

What was the highest price of ApeCoin?

ApeCoin hit its all-time high of $39.40 on March 17, 2022.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Brian Koome

Brian Koome is a cryptocurrency enthusiast who has been involved with blockchain projects since 2017. He enjoys discussions that revolve around innovative technologies and their implications for the future of humanity.

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