ApeCoin’s young price history still makes the token one of the best-performing coins of all time.
APE has had a return on investment of more than 3,800% since its launch on March 17, 2022.
While APE continues to struggle with price corrections and resistance in April 2022 which has made it difficult to retest it's all-time high price of $39.40, APE continues to recover in the fourth month of 2022.
The biggest question that continues to trend across DuckDuckGo, Google, Bing, and Yahoo Search is can ApeCoin sustain its past momentum in the next 5 years?
The best way to answer this question is to do a thorough assessment of the token’s long-term prospects.
ApeCoin Price Forecasts 2024: The Next Two Years
The biggest factor that could trigger a rally in ApeCoin’s value is a much wider positive crypto market sentiment.
As of writing, APE has only benefited from the impact of the Bored Ape Yacht Club in a market where more than 18,000 crypto tokens fight for the attention of investors.
With that said, you can never base ApeCoin Price Prediction on just fundamentals.
It would be in your interest to get to know what the analysts, gurus, and experts think about ApeCoin’s price in the next two years.
According to the analysts at CoinQuora, ApeCoin could experience a spike and reach around $90 by the end of 2024.
According to the gurus at Crypto Predictions.com, ApeCoin could command an average trading price of $34.779, the least possible trading price of $29.562, and the best possible trading price of $43.473 by the close of 2024.
According to the experts at Coin Data Flow, if ApeCoin has 100% of Bitcoin’s previous average growth per year, the cryptocurrency could command the highest possible trading price of $169.59 on or before the last day of 2024.
Based on the forecast of Swapspace, ApeCoin could reach a regular trading price of $33.16, a minimum trading price of $20.118, and a maximum trading price of $34.18 by the year’s end of 2024.
Based on the estimates of Cryptocurrency Price Prediction, ApeCoin could reach the best possible trading price of $50.56 in July 2024.
Based on the projections of Changelly Blog, APE could command the highest possible trading price of $45 by the close of 2024.
Per the predictions of analysts at the Wallet Investor, ApeCoin could reach an average trading price of $14.026, a minimum trading price of $17.107, and a maximum trading price of $20.128 on or before the end of 2024.
Per the thoughts of gurus at Price Prediction.net, ApeCoin could command a regular trading price of $33.16, the lowest possible trading price of $32.25, and the highest possible trading price of $38.16 by the year’s end of 2024.
Per the forecasts of experts at Digital Coin Price, the novel token behind the ApeCoin ecosystem could reach an average trading price of $19.14, a minimum trading price of $16.05, and a maximum trading price of $22.48 by the end of 2024.
According to Up To Brain, ApeCoin could reach the best possible trading price of $14.90 by the close of 2024.
According to Gov. Capital, APE could command an average trading price of $36.815, the lowest possible trading price of $31.29275, and the highest possible trading price of $42.33725 by the end of 2024.
Should APE reach the price forecast made by analysts at Coin Quora, the token could bring gains of 585% to your portfolio in the medium term.
Don't Miss: ApeCoin (APE) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
ApeCoin’s Potential In The Non-Fungible Token (NFT) Space
The non-fungible token (NFT) market continues to grow in leaps and bounds.
APE can be used in the same way as AXS in Axie Infinity, MANA in Decentraland, and SAND in The Sandbox.
APE is being used in the play-to-earn game Benji Bananas.
Aside from this, the ApeCoin Foundation has made plans to use APE as the primary coin in soon to be launched play-to-earn video games that could increase its usage and adoption.
Although the Bored Ape Yacht Club, Mutant Ape Yacht Club, and the recently acquired Crypto Punks (all by Yuga Labs) can only be purchased via Ether, there is a huge chance that APE could become another way of buying some of these collectibles.
BAYC and MAYC make up the top 5 NFT Collection rankings by sales volume.
When ApeCoin was launched, the team behind the project embarked on an airdrop.
If you are not a holder of BAYC or MAYC, you are ineligible for earning free APEs as a reward for loyalty.
This has seen an increasing demand for some of MAYC and BAYC collections.
If APE becomes a payment method in addition to being used to buy other collections, the token’s mileage will soar through the roof.
With strong communities on Facebook, Twitter, Discord, Telegram, Instagram, and Reddit, APE could be marketed well to sceptics.
APE could help millions of people know more about NFTs and the impact they could have on art and finance in the future.
ApeCoin’s Adoption As A Transactional Currency Is Growing
APE started as a mere inspiration of digital collections.
As of April 2022, the token is being driven by its partnerships and connections as a payment method.
We know that APE can be used to deposit and withdraw funds on crypto casino BC.GAME.
In addition to this, APE is used for rewards in Benji Bananas.
What’s more, it would interest you to know that TIME magazine accepts APE as a payment method for digital subscribers.
TIME is a huge magazine with a massive following.
Aside from that, there is a growing interest in crypto casinos due to the restrictions on the use of debit and credit cards for gambling by several commercial banks.
Being added to a list of Bitcoin (BTC) and Ether (ETH) boosts its standing in the crypto finance market.
Once the ApeCoin ecosystem becomes fully functional, there is a huge possibility that ApeCoin would have more use cases than it presently has.
Once this happens, the liquidity being poured through the token as a transactional currency will positively reflect in the valuation of the entire ApeCoin project.
Check Out: Could ApeCoin Be A Millionaire-Maker Coin?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Where Will ApeCoin Be In Five Years?
ApeCoin, unlike Bitcoin, Dogecoin, Litecoin, Dash, Ethereum, and Binance Coin, which have long price histories that could be used in making future forecasts, is a relatively young project.
With less than a month’s experience in trading, as of writing, it is extremely hard to make any kind of projections whether in the short, medium, or long term.
With that said, the pros of investing in ApeCoin far and wide exceed the cons of investing in APE.
As a result, APE is likely a good investment in the next 5 years and beyond.
Let us examine some of the price forecasts made by experts, analysts, and trading gurus.
According to the Wallet Investor, ApeCoin could command an average trading price of $21.476, the least possible trading price of $18.097, and the best possible trading price of $24.377 by the end of 2026.
According to the Digital Coin Price, ApeCoin could reach a regular trading price of $23.37, a minimum trading price of $21.44, and a maximum trading price of $25.45 by the close of 2026.
According to Coin Data Flow, if ApeCoin has 100% of Bitcoin’s previous average growth per year, the cryptocurrency could reach the best possible trading price of $2,219.68 on or before the end of 2026.
Based on the estimations of Crypto Predictions.com, the novel token of the ApeCoin ecosystem could command a regular trading price of $41.39, a minimum trading price of $35.182, and a maximum trading price of $51.738 by the close of 2026.
Based on the predictions of Coin Quora, ApeCoin could reach a new all-time high in the next five years.
According to the experts, APE could command the highest possible trading price of $200 in 2026.
Based on the projections of Gov. Capital, APE could command an average trading price of $70.581, the least possible trading price of $59.99385, and the best possible trading price of $81.16815 by the close of 2026.
Per the forecasts of Price Prediction.net, before the end of 2026, ApeCoin would have a regular trading price of $71.37, the lowest possible trading price of $68.91, and the highest possible trading price of $81.64.
The highest APE was predicted to reach was more than $2,000 by Coin Data Flow should all the price drivers of the token get into motion.
This means that investing in APE today could see you with more than 15,132% gains in the medium term.
Open an account with eToro, deposit some funds with USD, and finally – buy ApeCoin from just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Read More:
What Is ApeCoin And How Does It Work?
Is ApeCoin (APE) Safe To Invest In?
3 Reasons To Buy ApeCoin (APE) And 1 Reason To Sell
Is ApeCoin A Good Investment And Should I Invest in APE?