Is ApeCoin A Good Investment And Should I Invest in APE?

Last Updated April 12th 2022

17 Min Read

Is It Worth Investing In ApeCoin (APE)?

Key Points:

ApeCoin has been predicted to be the next large-cap digital asset by market capitalization.
While ApeCoin will likely not surpass Bitcoin and Ethereum, it is considered a great investment opportunity.
ApeCoin is still young so it is not too late to invest in APE.

Why Investing In ApeCoin Should Not Come With Second Thoughts

Apecoin image

If you are a novice or beginner trader in the world of ApeCoin investing, you may have had thoughts about whether ApeCoin is a good investment.

You may have also pondered the question, should I invest in APE?

To tell you the truth, the easiest answer to the two questions is YES.

The possibilities of ApeCoin in this saturated market make it a digital asset that should be considered for investments.

Overall, investing in ApeCoin could be one of the wisest decisions you ever made.

One of the biggest reasons to invest in ApeCoin is its growing ecosystem.

ApeCoin continues to add more developers who are creating new and innovative protocols and applications that will impact the metaverse positively.

If ApeCoin arrives at a booming ecosystem, the success of the protocol could lead to a spike in the price of APE.

But this is just one of the reasons why investing in ApeCoin could bring you enormous gains in the future.

ApeCoin has brought more than 1,000% gains for early investors that believed in the token in March.

As of April 2022, the digital asset continues to see impressive investor demand which is reflected in daily trading volume.

Such statistics paint a picture of a token that does not show signs of slowing down.

That is why several analysts, gurus, and experts believe investing in ApeCoin with an eye on the long term, is one of the best decisions that could transform millions of portfolios.

Therefore, now could be the perfect time to invest in ApeCoin (APE) since the market is recovering from the negative crypto market sentiment that stretches back to December 2021.

In this article, you are going to break free from all ApeCoin-related myths that continue to circulate online. This will embolden you to decide if you should consider investing in ApeCoin in 2022.

If you want to invest in ApeCoin easily and quickly, check out eToro!

So, What Is ApeCoin? A Simple Explanation

ApeCoin is the most popular Ape-inspired protocol that is housed on the most popular and largest smart contracts-backed blockchain technology in the globe, Ethereum.

ApeCoin uses its novel token, APE, to oversee all transactions in the ApeCoin ecosystem.

The word “APE” is the ticker symbol the entire protocol trades across all the 40 cryptocurrency exchanges (centralized and decentralized) that support the token for trading.

ApeCoin, as a decentralized project, was inspired by the Bored Ape Yacht Club (BAYC) NFT project created by Yuga Labs.

ApeCoin was launched in March 2022 and became a crypto trading asset on March 17, 2022.

ApeCoin is considered by many analysts as the NFT-inspired token that could lead to the creation of more crypto tokens to support various digital collectibles.

ApeCoin decentralized autonomous organization (DAO) has the aim of building and maintaining the APE Ecosystem fairly and inclusively that will provide an infrastructure for token holders to collaborate in a permissionless and open governance process.

Upon the launch of the project, the total and maximum supply of ApeCoin was permanently fixed at 1 billion tokens.

On March 17 (the day of launch), 30.25% of APEs were released into circulation, which is represented by 302.5 million ApeCoins.

As of writing, approximately 277.5 million APEs are in circulation, which is represented by 28%.

The remaining 69.75% will be released into circulation periodically, preferably over a 48 months interval.

ApeCoin Investing: Getting Started

To begin investing in ApeCoin (APE), you need to register for an account with an exchange that will allow you to buy and invest in ApeCoin.

Cryptocurrency exchanges are platforms created for exchanging fiat to crypto (USD/APE) and crypto to crypto (ETH/APE).

After doing a thorough assessment of the 40 exchanges that support the trading of APE, we settled on eToro as the best exchange to buy ApeCoin.

This is because eToro ticked all our boxes in the form of security, reputation, regulation, speed, liquidity, payment method, customer support, accessibility, fees, and limits.

To Invest in ApeCoin with eToro, follow the brief steps below.

Firstly, Sign up for an eToro account here. Provide legal details of your full name, verifiable home address, active phone number, and active email address.

Secondly, eToro will verify your account. Provide scanned images of a government-issued identification card that has your signature embossed. Make provision of scanned copies of your bank statement, credit card statement, or utility bill that confirms your home address.

Thirdly, deposit funds via fiat currency. Without fiat, you cannot buy ApeCoin on eToro. In popular currencies (USD, GBP, and EUR), deposit an amount of money you can afford to lose, and that will help you invest in Ape. Since eToro has several payment methods, you will find one that meets your preferences.

Fourthly, buy APE on eToro’s ApeCoin page. On this page, you can order several ApeCoins, and they will appear in your portfolio within a short period.

Although there are several exchanges, ways, and places, eToro is the best when you consider where to buy ApeCoin, and how to buy ApeCoin.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Is It Worth Investing In ApeCoin (APE)?

Because ApeCoin is a top 50 cryptocurrency by market capitalization, many analysts, gurus, and experts believe that APE should be considered a good investment in comparison to other coins.

Despite the ups and downs in the young price history of APE, analysts think ApeCoin’s price could grow substantially in the long term.

Some of the factors that will influence investing in ApeCoin in 2022 is having the backing of all the cryptocurrency exchanges and stakeholders in the decentralized finance space.

When Statista publishes its periodical report on the biggest cryptocurrency exchanges by trading volume, certain platforms are always present.

Some of these exchanges are eToro, Binance, Coinbase Pro, Huobi Global, OKX, FTX, Gate.io, Kraken, and BitMart.

Most of them record a minimum trading volume of $1 billion daily.

What is interesting is that all the aforementioned exchanges announced support for APE on/or before the launch of the protocol and its cryptocurrency on March 17, 2022.

This means that APE is not only accessible on many exchanges but available on thousands of markets.

Aside from being traded with fiat currency pairings such as APE/USD, APE/EUR, and APE/GBP, APE can be traded for other cryptocurrencies in the form of APE/BTC, APE/ETH, and APE/BNB, among others.

During a bearish season like what the market continues to deal with in 2022, APE can be traded with stablecoins in the form of APE/USDT, APE/USDC, and APE/BUSD among others.

This is the primary reason why the token saw billions in daily volume in the first week of being a tradable token in March and millions in volume in April 2022.

In addition to this, ApeCoin, like Ethereum and Cardano has a foundation that has the support of major figures in the crypto space.

There are members from social media platform Reddit, cryptocurrency exchange FTX, blockchain-based technology company Horizen Labs, and investment firm Sound Ventures.

These are corporations that participate in crypto events and forums globally. Being attached to ApeCoin confers credibility on it.

Analysts at Changelly Blog have reviewed the ApeCoin project extensively.

They believe that an expansion of the ecosystem could lead APE to command a trading price of $50 by the end of 2022 in the short term.

In the long term, the crypto forecasting portal estimates ApeCoin could trade for a coin at $100 in 2030.

Check Out: How Soon Do You Think ApeCoin (APE) Can Reach $100?

Should I Invest In ApeCoin (APE)?

Apecoin trading

Why should I consider investing in ApeCoin? Well, ApeCoin is still a novelty but shows a lot of promise due to the popularity of the Bored Ape Yacht Club.

Based on the increased interest in holding digital collectibles such as BAYC, Mutant Ape Yacht Club, NBA TopShots, the World of Women, and Crypto Punks among others, ApeCoin could change how traders go about owning NFT products.

One of the major reasons why you should consider investing in ApeCoin (APE) is its undervaluation.

In advanced financial studies, undervaluation comes with a lot of advantages.

At a price below $15, APE has presented a perfect opportunity to purchase a potentially high-priced cryptocurrency at a low price from a well-established decentralized finance company.

What’s more, APE is a low-risk investment since undervaluation is cyclical which gives the company time to improve its ecosystem and potentially drive APEs price to more than $100.

Whatever happens, undervalued assets normally return to their original values, and once they attain the price range that fits them, gains are assured to holders.

If you have $100 that you consider spending by the weekend, you should know that it can purchase around 10 ApeCoins.

Should the token reach a new all-time high price of $100 someday, you stand a chance of seeing your capital mature to $1,000.

Such potential has led analysts at Price Prediction to make bullish forecasts about ApeCoin.

According to them, ApeCoin is a good investment in the medium and long term.

Per their projections, ApeCoin could command a regular price of $41.17, a minimum price of $39.76, and a maximum price of $47.64 by the year’s end of 2025.

By the close of 2031, the analysts estimate ApeCoin to trade for a normal price of $354.87, the lowest possible price of $344.81, and the highest possible price of $430.84.

Should the $400 milestone be breached, there is a chance of seeing your paltry $100 mature to $4,000 in the future.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Should I Invest In ApeCoin (APE) Or Bitcoin?

Millions of people are being misled by so-called experts across several social media channels about the need to invest in Bitcoin. We would like you to take percentage change into great consideration before investing in ApeCoin or any other cryptocurrency.

Without understanding the mathematical term, you may see all your investments burn off within a short period.

Suppose you have $50,000 and you are searching for a cryptocurrency to invest in, there is a huge chance of you deciding to invest in Bitcoin instead of ApeCoin. But the token with the real benefits may surprise you.

Let us look at the mathematical analysis side of your $50,000 investment.

At $50,000, you can buy 1BTC since the token trades below $50,000, as of writing.

At $50,000 you can buy 5,000 APEs since the token trades at approximately $10, as of writing.

If you want to double your investment, Bitcoin will have to increase by 100% before $50,000 can turn into $100,000.

What this means that several beginner trades are not privy to is that the forces of demand and supply would have to push Bitcoin above $90,000 heading to the $100,000 price milestone.

Bear in mind, that the profit on the $50,000 capital is still $50,000.

On the other hand, if you want to double your investment, APE needs to reach an all-time high price of $20.

Once this happens, your 5,000 ApeCoin holdings multiplied by $20 equals $100,000.

It is clear as day that the path of ApeCoin towards reaching $20 is relatively shorter and easier than the path of Bitcoin towards reaching $100,000 in price.

From the analysis provided, it is clear as day that you should consider investing in ApeCoin and not Bitcoin due to the potential of seeing more returns with ApeCoin investment in a short period.

Will ApeCoin Ever Overtake Bitcoin?

In a world of daily multiple percentage gains, anything can happen. ApeCoin could get as high as Bitcoin or may overtake the token someday.

With that said, you should know that Bitcoin is just like ApeCoin when it comes to first-mover advantage.

Many people who are fascinated with non-fungible tokens (NFTs) will prefer taking a stake in APE to other coins.

In the same lane, millions of people will prefer investing in Bitcoin (BTC) than in ApeCoin (APE) due to BTCs popularity, use cases, and longevity in the space.

Since trading volumes help in the determination of price, let us consider the trading volumes of ApeCoin and Bitcoin from APEs time as a tradable token.

The trading volume for APE from March 17 to April 5 was around $35.93 billion.

In the same period, the trading volume for Bitcoin was approximately $570.29 billion.

The difference in volume was more than $500 million.

This means that Bitcoin will be pushing towards new milestones such as $70,000, $80,000, $90,000, and $100,000 in the future.

On the other hand, APE will be pushing towards $100, $500, and possibly $1,000 in the future.

Based on the statistics provided, we can boldly say that ApeCoin cannot get as high as Bitcoin nor will the token inspired by the Bored Ape Yacht Club surpass the digital gold.

How Much Could ApeCoin (APE) Be Worth?

You will come across several price predictions by analysts and experts when you search for the potential price of APE in the future. We have conducted an assessment of the most reputable crypto news and forecasting portals that answers questions such as ApeCoin Price Prediction 2022, APE Price Prediction 2025, and APE Price Prediction 2030 or what will ApeCoin be worth in 2030?

According to analysts at Price Prediction, ApeCoin could command an average price of $14.37, a minimum price of $13.83, and a maximum price of $15.79 by the end of 2022.

The crypto prediction portal foresees ApeCoin's increase in price by the end of 2023 to an average price of $20.47, a minimum price of $19.75, and a maximum price of $24.06.

On the last day of 2024, Price Prediction projects ApeCoin to trade for a regular price of $28.34, the lowest possible price of $27.32, and the best possible price of $33.94.

The analysts project APE to reach the best possible prices of $69.15 (2026), $99.21 (2027), $139.09 (2028), $201.52 (2029), and $430.84 (2031).

According to experts at Digital Coin Price, APE could have an average price of $13.67, a minimum price of $13.05, and a maximum price of $14.76 written next to it by the end of 2022.

The technical analysis-backed website thinks APE could have the best possible prices of $16.86 (2023), $18.37 (2024), $20.69 (2026), $31.62 (2027), $37.69 (2028), $44.97 (2029), and $57.71 (2031).

According to the trading gurus at Changelly Blog, ApeCoin could have maximum prices of $50 by the close of 2022, $55 (2023), and $45 (2024).

According to the analysts at Wallet Investor, ApeCoin could reach an average price of $13.482, the lowest possible price of $10.602, and the highest possible price of $16.308 on Dec. 31, 2022.

In addition to this, the crypto forecasting website believes APeCoin could command the maximum trading prices of $17.928 by the end of 2023, $19.433 (2024), $22.951 (2026), and $23.657 in 2027.

According to the experts at Gov. Capital, ApeCoin could command an average trading price of $13.687, a minimum price of $11.63395, and a maximum price of $15.74005 by the end of 2022.

Moreover, the crypto prediction portal believes APE could reach the best possible prices of $24.21555 (2023), $36.03755 (2024), $69.9821 (2026), and $77.15005 in 2027.

According to the trading gurus at Crypto Academy, the novel token behind the ApeCoin ecosystem could command a regular price of $65, a minimum trading price of $50, and a maximum trading price of $80 by the end of 2022.

The website further forecasts APE to reach the highest possible trading prices of $100 in 2023, 2024, and a new all-time high of $150 by the end of 2026.

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 Price Prediction 2025

Price Predictions estimate Ape could reach a regular trading price of $41.17, the least possible price of $39.76, and the best possible price of $47.64 by the year’s end of 2025.

Digital Coin Price believes ApeCoin could have an average trading price of $20.90, a minimum trading price of $18.42, and a maximum trading price of $23.38 by the close of 2025.

Changelly Blog thinks APE could command the best possible trading price of $60 on the last day of 2025.

Wallet Investor projects ApeCoin could reach a regular trading price of $18.193, the least possible trading price of $15.299, and the best possible trading price of $21.199 by the close of 2025.

Gov. Capital predicts ApeCoin could reach a normal trading price of $44.921, the lowest possible trading price of $38.18285, and the highest possible price of $51.65915 by the year’s end of 2025.

Crypto Academy estimates ApeCoin to reach an average trading price of $100, a minimum trading price of $75, and a maximum trading price of $125 by the year’s end of 2025.

ApeCoin Price Prediction 2030

Per the forecasts of Price Prediction.net, ApeCoin could reach a regular price of $256.41, the lowest possible price of $249.35, and the highest possible price of $303 on the last day of 2030.

Per the predictions of Digital Coin Price, ApeCoin could trade for an average price of $48.79, the lowest possible price of $47.31, and the highest possible price of $50.89 by the year’s end of 2030.

Per the estimates of Changelly Blog, ApeCoin could command the highest possible price of $100 in 2030.

Who Should Include ApeCoin In Their Portfolios?

Across centralized and decentralized finance, there are many types of investors who benefit from having particular assets in their investment portfolio.

Since ApeCoin shows a lot of promise, it can be added to the portfolio of Day Traders, Growth Investors, Value Investors, and Non-Fungible Token (NFT) lovers.

1. Day Traders of Cryptocurrencies

Day traders are extremely active during the day. They take advantage of multiple percentage swings in the prices of digital assets and make profits off them. Several strategies could be used to make gains from ApeCoin.

They are range trading, scalping, news-based trading, and high-frequency trading.

The volatile nature of ApeCoin means that prices of the digital asset move to intraday highs and intraday lows within a short time.

With this, if you can overcome emotional trading, ApeCoin could be the perfect digital asset for brightening your portfolio.

2. Non-Fungible Token (NFT) Lovers

ApeCoin was inspired by the Bored Ape Yacht Club (BAYC) and sister project Mutant Ape Yacht Club (MAYC).

If you are into NFTs, APE could be the best token for you since there are more than 18,500 tokens to choose from.

ApeCoin's price is a bit dependent on the BAYC and MAYC digital collectibles.

Once you follow the NFT project keenly, news about an acquisition or sale could impact APE positively.

Once this happens, you could be enjoying multiple percentage gains.

3. Growth Investors

This type of investor is interested in younger crypto projects that have potential in the crypto finance market.

As of writing, ApeCoin was less than a month old.

APE does not have an extensive trading history that can help technical analysts determine support and resistance levels. Therefore, many analysts, experts, and trading gurus believe APE is yet to reach its real value.

If you are searching for a cryptocurrency with an eye on the long term, consider adding APE to your investment portfolio.

This is because ApeCoin could return 5 times, 10 times, or more in 2022 and beyond.

4. Value Investors

These investors float along the lines of growth investors.

The possibilities of the ApeCoin ecosystem have made Ape's trading price a bit unreal for seasoned investors.

Value investing is a strategy that involves picking cryptocurrencies that appear to be trading less than their book or intrinsic value.

The current climate of currencies (whether digital or fiat) does not have intrinsic value.

They are called representative money and their value comes from the faith consumers have in them as transactional currencies.

If you believe that APE should command a higher value than its current market capitalization, you can add APE to your portfolio.

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.

Is It Too Late To Buy ApeCoin?

No, it is not too late to buy ApeCoin. With less than a month’s trading experience, APE has a long way to go.

You should know that ApeCoin continues to trade below $15, therefore a capital of $5,000 could buy approximately 333 APEs. Should APE test new price milestones such as $50 or $100, you could be walking away with a matured value of $16,650 or $33,300 in the not-too-distant future.

Is Investing In ApeCoin Risky?

Yes! Investing in ApeCoin and cryptocurrencies as a whole come with risks.

To many, investing in APE and other tokens is the new cash cow.

As a result, millions of people are just throwing money behind cryptocurrencies without researching the pros and cons of the project, and the potential forecasts made on the coin by experts.

This is the primary reason why we caution potential traders and investors to invest an amount of money they can write off as bad debt.

There are no guarantees in investing in cryptocurrencies.

A great example of the potential risks of investing in ApeCoin can be attributed to its young price history.

ApeCoin reached an all-time high price of $39.40 after opening at $1 on March 17, 2022.

The token eventually closed the day at $8.52.

You came across APE by the close of the day and decided to invest $50,000 in APE through a loan from a friend on March 18.

Due to the boom in crypto, your friend decides to charge you 50% on the loan, and you believe APE could triple or quadruple before March ends.

You have high hopes of doubling your investment before the end of the third month of 2022.

By the end of March, APE closed at $12.69.

Your $50,000 could have purchased around 5,861 APEs on March 18.

By the end of March, your investment would have matured to $74,384.

Fifty percent of $50,000 is $25,000.

Although APE did not disappoint because it added 24,348 to your capital, you would have to use your profits to settle your friend. With this, you made gains but still saw nothing at the end of the month.

This is because APE increased by 48% and not the 100%, 200%, and at least 500% you had in mind.

Investing in ApeCoin comes with risk.

Once again, we would advise you to invest in APE an amount of money you can afford to lose.

Could ApeCoin Be a Bad Investment?

YES! ApeCoin could be a bad investment.

One thing you should know is that crypto news portals are doing everything in their capacity to get digital assets to the mainstream. As a result, losses are not reported just PROFITS.

As of April 2022, the number of crypto investments gone bad is more than the number of crypto investments that yielded returns.

Therefore, do not take the advice of so-called experts across social media platforms.

Do not send your hard-earned money to anyone you do not know over the internet.

Invest in APE with caution.

Does ApeCoin Have A Future?

ApeCoin has a future. The team behind the project is in contact with several developers to contribute innovative protocols and applications to the ApeCoin ecosystem.

With this, ApeCoin could become one of the most vibrant crypto protocols in the entire crypto stratosphere in the long term.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

How Safe Is ApeCoin?

ApeCoin is housed in the Ethereum ecosystem. The Ethereum ecosystem relies on the possibilities of blockchain technology which has not been tampered with within the 13 years of its existence.

Aside from that, ApeCoin has the backing of all reputable cryptocurrency exchanges. Additionally, several major players in the crypto finance space support the entire project.

You can invest in ApeCoin because the project is not going bust anytime soon.

How Legit Is ApeCoin?

ApeCoin is very legit. Last year, when eToro and Coinbase announced the listing of a token for trading, that particular asset experienced a price spike. This is because the two exchanges conduct an extensive assessment of a project before supporting its token.

APE was announced by eToro and Coinbase on the day of its launch as a tradable token. This means that ApeCoin is a legitimate project you can trust with your hard-earned money.

Alternatives To ApeCoin

Although this article is focused on ApeCoin, it is not the only cryptocurrency that can bring gains to your portfolio.

There are others such as Ether (ETH), Waves (WAVES), Fantom (FTM), Lido (LDO), Zcash (ZEC), and Cardano (ADA) that could also bring you huge returns.

Conclusion: Is ApeCoin A Good Investment?

Investing in ApeCoin is worth considering according to Price Prediction, Changelly Blog, Wallet Investor, Gov. Capital, and Crypto Academy. With that said, you should know that investing in APE comes down to two essential factors which are risks and rewards.

Never forget to answer the question, do the potential rewards of investing in ApeCoin exceed the possible consequences of the risks?

ApeCoin has a relatively lower price and can be considered a low barrier of entry into the cryptocurrency market.

Aside from this, the token continues to gain mileage daily due to the support of the Bored Ape Yacht Club project, and listings by all the major exchanges.

On the other hand, ApeCoin competes with thousands of tokens, and the project is too young for you to make a quality assessment.

So, is ApeCoin a good investment? ApeCoin has been a good investment for early investors who saw 1,000% to 3,840%. With a bright future ahead of the project, APE could be the digital asset that could transform your portfolio of investments.