ApeCoin Price Prediction 2023 – 2032

The NFT market has been booming in the past couple of years, and there is no sign of slowing down anytime soon. One of the most notable NFT projects in the blockchain industry has been Bored Ape Yacht Club. The popular NFT collection, the Bored Ape Yacht Club, served as the inspiration for the cryptocurrency ApeCoin. This ERC-20 token is utilized in the APE ecosystem for governance. APE fuels the ecosystem that is leading web3 development.

This guide will go over our detailed ApeCoin price predictions for the coming years, point out prospective APE coin prospects, and address frequently asked questions about the ApeCoin project.

Please note that this forecast, like all others, should be viewed with the understanding that it is merely the opinion of some market experts/analysts. This post is not financial advice, and you should always conduct your research before investing in any cryptocurrency. 

apecoin
apecoin

Overview

APECOIN PRICE $4.16
24HR PRICE CHANGE +3.27%
MARKET CAP $1,707,616,237
CIRCULATING SUPPLY 368,593,750 APE
ALL-TIME HIGH $26.70
ALL-TIME LOW $2.63

What is Apecoin, and why was it created?

ApeCoin (APE) is an ERC-20 token that operates on the Ethereum network. It was released as part of the Bored Ape Yacht Club ecosystem in mid-March 2022. APE was designed to be a governance and utility token. ApeCoin use cases include allowing holders to participate in DAO governance and gain access to special ecosystem elements such as games, events, products, and services.

Apecoin Price History

When APE debuted on March 17, 2022, it began trading at $7.26. The following day, it reached a high of $16.47. After a month of trading at around $13, APE reached an all-time high of $26.70 near the end of April before plummeting back to $13 in May. ApeCoin currently trades at $4.16, with a 24-hour trading volume of $113,417,083. ApeCoin has increased by 3.27% in the previous 24 hours. 

APE Tokenomics

ApeCoin’s total supply is one billion APE tokens. The contracting mechanism prevents the creation of additional tokens, imposing a cap. Additionally, there is no burning mechanism; thus, the supply won’t decrease. The available tokens are distributed as follows:

  • 47.00% is designated to Treasury/Resources.
  • 15.00% is designated to BAYC/MAYC NFT Holders
  • 15.00% is designated to Yuga Labs
  • 14.00% is designated to Launch Contributors
  • 8.00% is designated to BAYC Founders
  • 1.00% is designated to Charity (JGLF)

APE Technical Analysis

All technical indicators at the time of writing indicated that ApeCoin was in a strong bullish trend. Most technical analysis platforms gave the APE/USD pair a “Strong Buy” recommendation. Although it’s impossible to predict how ApeCoin will act in the future, it’s booming right now.

APE Crypto Price Prediction 2023

Apecoin price estimate for 2023 indicates that ApeCoin will resume its upward trend. According to the projection and technical analysis, the price of ApeCoin is anticipated to reach a minimum of $5.66 in 2023. The APE price can reach a maximum of $6.83, with an average price of $5.87.

February 2023: Apecoin Price Prediction

Cryptocurrency experts have determined the anticipated trade average for February 2023 after analyzing ApeCoin values. According to forecasts, ApeCoin will begin the month at $4.45 and end at $4.60. The maximum and minimum predicted APE prices for February are $4.75 and $4.37, respectively.

March 2023: Apecoin Price Prediction

Cryptocurrency analysts who have studied ApeCoin values predict that the APE rate might reach a maximum of $4.93 in March 2023. After that, however, it might fall to $4.42. The predicted average for ApeCoin for April 2023 is close to $4.65.

April 2023: Apecoin Price Prediction

According to technical analysis performed on ApeCoin pricing by cryptocurrency experts, APE is forecasted to trade between $5.10 and $4.55 at its lowest and highest prices in April 2023, respectively. As a result, the typical anticipated trading price is $4.62.

May 2023: Apecoin Price Prediction

Market analysts predict that the ApeCoin price won’t go below $4.70 in May 2023. This month, a $5.30 peak is the most anticipated. The average trade value is anticipated to be $4.86.

June 2023: Apecoin Price Prediction

According to cryptocurrency experts, the APE price will be approximately $4.95 at the start of the summer of 2023. The price of ApeCoin could decrease to $4.75 or less in June 2023. It’s possible that $5.50 will be the peak value in June 2023.

July 2023: Apecoin Price Prediction

In July 2023, the ApeCoin will be worth an average of $5.10. Analysts predict that the APE price will range between $4.89 and $5.67.

August 2023: Apecoin Price Prediction

The values of ApeCoin and their predicted prices in the first half of 2023 have been studied by cryptocurrency experts. The lowest APE price is expected to be $5.15 in August 2023, with a maximum of $5.95. The average trade cost will be roughly $5.32.

September 2023: Apecoin Price Prediction

At the start of autumn 2023, the average ApeCoin price will be around $5.40. However, crypto experts predict that the APE price will peak at $6.08 in September 2023 and will not fall below a minimum of $5.23.

October 2023: Apecoin Price Prediction

According to crypto analysts’ forecast data research, the price of APE is predicted to reach an average trading value of $5.49 in October 2023. ApeCoin is scheduled to have a starting price of $5.30. Furthermore, the APE price can reach a high of $6.30.

November 2023: Apecoin Price Prediction

Based on ApeCoin price variations at the start of 2023, crypto experts predict an average APE rate of $5.70 in November 2023. Its lowest and highest pricing are predicted to be $5.55 and $6.65, respectively.

December 2023: Apecoin Price Prediction

Based on an assessment of ApeCoin pricing throughout the first 11 months, the minimum price of ApeCoin is expected to be roughly $5.55 by December 2023. The most likely APE pricing is around $6.83. In December 2023, the average trade price might be $5.87.

What could affect the price of Apecoin over the next year?

The ApeCoin project exemplifies how developers proceed with decentralization even after experiencing initial success. Furthermore, it is plausible to expect that demand for APE will increase among investors if the Bored Yacht Ape Club (BAYC) ecosystem continues to flourish, given the popularity of BAYC and high demand from price-insensitive investors like athletes and celebrities.

Upcoming events that could affect APE Price

The BAYC has begun its subsequent chapter. The Trial of Jimmy the Monkey, a short film that served as the launchpad for the upcoming chapter of BAYC’s lore, has generated interest, skepticism, and intrigue. In addition, new NFTs would be introduced during this phase, which would impact the price of APE.

APE Price Prediction 2024

ApeCoin will most certainly become integrated into multiple metaverse projects within the next two years, increasing investor demand. If this happens, crypto market experts predict that APE will be worth $8.85 on average by 2024. A minimum purchase of one ape coin will cost about $8.55. The maximum anticipated APE cost can be close to $10.02. 

APE Price Prediction 2025

If NFTs continue to gain popularity, they may become part of everyday life. Constant growth in NFT’s prominence can help ApeCoin maintain its leadership position. As a result, the coin’s minimum and maximum prices are predicted to be about $12.40 and $14.30, respectively. The projected trading cost is $12.75 on average.

APE Price Prediction 2026

The Apecoin APE price prediction indicates that the ApeCoin price is anticipated to fall as low as $17.63 in 2026. However, according to crypto analysts’ research, the APE price could rise as high as $21.08, with an average prediction price of $18.12.

APE Price Prediction 2027

By the end of 2027, APE is expected to reach $29.58. The average APE price for 2027 is predicted to be $26.70. The highest estimated price for 2027 is $30.36, which will be reached in the summer of 2027.

APE Price Prediction 2028

According to crypto analysts, APE maintains a strong position as a good investment option over the next five years despite trends in the turbulent crypto market. APE would have an anticipated average price of $39.58 if large price rallies were to occur.

APE Price Prediction 2029

According to the forecast data analysis, the price of APE is expected to reach the $50 mark in 2029. ApeCoin is predicted to reach a minimum fee of $47.98 before the end of 2029. Furthermore, the APE price can reach a high of $63.41.

APE Price Prediction 2030

Regarding pricing value, APE has a tremendous opportunity to achieve new highs. As a result, ApeCoin is expected to appreciate. Many experts and business professionals believe that APE might reach a high of $95 by 2030. However, the rate may fall to approximately $77. As a result, the average trading price is predicted to be $80.

APE Price Prediction 2031

Experts anticipate that additional use cases will be developed by 2031, giving ApeCoin significant utility. Keeping this in mind, the ApeCoin estimate for 2031 expects the coin to reach $115. APE will be traded for at least $110, with potential heights of $130.

APE Price Prediction 2032

With continual upgrades to the ApeCoin network projected over the next decade, experts believe that APE will be bullish in 2032. According to a technical analysis of ApeCoin pricing in 2032, the minimum price of ApeCoin will be $165. The maximum APE price that can be reached is $196. The average trade price is anticipated to be approximately $170.

APE Price Prediction - Conclusion

ApeCoin has eclipsed numerous cryptocurrencies to become one of the Metaverse’s most valuable tokens. The Bored Ape Yacht Club NFTs are also getting a lot of attention. With celebrity sponsorship and a link to the project, ApeCoin’s price could rise during another crypto bull run.

Overall, ApeCoin has a significant amount of interest and community support right now, which will likely drive the price of APE higher. However, if you want to invest in the token, do your homework first and keep up with current APE news before deciding whether to purchase, hold, or sell.

FAQ

Will ApeCoin go up in 2023?

Regarding price, experts believe ApeCoin has a strong chance of reaching new highs in 2023. It is important to note, however, that the price of ApeCoin is heavily dependent on the overall performance of the crypto market. Therefore, crypto analysis and forecasting are not investment advice; cryptocurrency values are extremely volatile.

Is APE a good crypto to buy right now?

It’s difficult to say. The market’s future performance as a whole will be important in determining if APE would be a good addition to your portfolio. Remember, before investing, you should always conduct thorough research.

Where can I buy Apecoin?

ApeCoin can be purchased on a cryptocurrency exchange. When selecting an exchange, make sure it supports ApeCoin transactions. If it does, there are a few other things to consider: payment methods, withdrawals, and wallet (cold or hot).  

What is Apecoin's all-time high?

ApeCoin hit an all-time high of $26.70 on April 28, 2022

What is the current price of Apecoin right now?

The price of 1 ApeCoin currently costs $4.16

Maryam
Written by Maryam Jinadu verified symbol Fintech and Crypto Writer
13 Articles

Maryam Jinadu is a freelance igaming & crypto writer.

More about this author
author reviewed shield

Reviewed and Fact Checked by Will Wood , Crypto Gambling Expert