Will ApeCoin Price Rise Again?
Is ApeCoin expected to reach $100 or more in the next five years? As of today, these are some of the questions that are being asked by medium and long-term cryptocurrency investors.
Although there are several trending questions in addition to the aforementioned, there is no analyst or expert who can boldly predict the future price patterns of ApeCoin.
With that said, using fundamental and technical analysis, many experts and investors believe that APE will increase substantially in the not-too-distant future.
They further assert that the token would continue to rake in gains for millions of its holders.
Since there are two sides to every story, some analysts do not foresee ApeCoin reaching new milestones.
Instead, they think that the token could end up like the Internet Computer (ICP) or SafeMoon, and trade for less than 70% of its all-time high for a very long time.
To them, ApeCoin does not have what it takes to reach $100 in the next 5 years.
Since the number of analysts that project positive price patterns for ApeCoin outweighs those who estimate negative price patterns for APE, how far up do they expect the token to reach in 2027?
By following this article in its entirety, you are going to explore the reasons why experts think APE will rise in the next few years.
Aside from that, we also analyze why APE would not reach $100, and then focus on ApeCoin Price Prediction 2027.
ApeCoin (APE) Current Price
APE has not done much in April 2022.
The fourth month of the year has seen mild gains for many cryptocurrencies.
APE opened on April 1, at $12.70, reached an intraday high of $13.58, an intraday low of $12.27, and closed the day with a trading price of $12.79.
The trading volume recorded for the opening day was $651 million which corresponded with a market capitalization of $3.5 billion.
APE reached a monthly high of $13.78 on April 2.
Overall, the novel token behind the ApeCoin ecosystem has been trading in the $10 to $14 price range in April.
The minimum daily trading volume recorded was $185 million on April 9.
As of writing, APE had a price of $12.10, and this was a 69% decrease from its all-time high price of $39.40 recorded on its opening day as a tradable token.
APE still commands an impressive $3.3 billion which still certifies the entire project as medium-cap.
ApeCoin came into a market where Bitcoin trades in a bearish engulfing.
Once the bulls return, traders and investors may see the full force of APE as a crypto trading asset which will improve its price performance.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
So, Will ApeCoin (APE) Reach $100?
Many stakeholders in the crypto community are full of optimism that ApeCoin will hit an uptrend soon.
An uptrend is where an asset reaches new high lows and rises above its previous all-time high to reach new high highs. So far, we have come across several predictions that put ApeCoin above the $100 price milestone.
According to most analysts, hitting such a price relies so much on price drivers such as the ApeCoin community, the ApeCoin foundation’s roadmap for the project, adoption of APE as a utility token, scarcity of APEs, and the expansion of the ApeCoin ecosystem.
Once these factors are met in the future, ApeCoin is expected to reach $100 or more in the next 5 years.
Check Out: How Soon Do You Think ApeCoin (APE) Can Reach $100?
What Will ApeCoin Be Worth In 2027?
When it comes to making ApeCoin price predictions about whether the token can reach $100 or more in the next 5 years, several analysts, experts, and gurus have shared their opinions.
So let us take a look at ApeCoin Price Prediction 2027.
According to the analysts at Digital Coin Price, ApeCoin could reach a regular trading price of $28.42, a minimum trading price of $23.26, and a maximum trading price of $35.76 by the end of 2027.
According to the gurus at Price Prediction.net, ApeCoin could command an average trading price of $103.69, the least possible trading price of $100.83, and the best possible trading price of $122.99 by the close of 2027.
The experts at Wallet Investor believe ApeCoin could have an average trading price of $22.138, the lowest possible trading price of $19.015, and the highest possible trading price of $25.333 in 2027.
The analysts at Tech News Leader do not see APE reaching new milestones. Instead, they believe Apecoin would plunge into new high lows in the form of $2.22 by the close of 2027.
Based on the reports by the gurus at Gov. Capital, ApeCoin could command a regular trading price of $89.535, the least possible trading price of $76.10475, and the best possible trading price of $102.96525 in April 2027.
Based on the reports by the experts at After Journal, APE could have a trading price of $94.76, a minimum price of $88.74, and a maximum price of $102.82 by the year’s end of 2027.
According to Teck Finance, ApeCoin would have $35.29 written next to it on cryptocurrency exchanges by the end of 2027.
According to the Cryptonic, APE could command an average trading price of $129.01, the least possible trading price of $124.48, and the best possible trading price of $151.36 on the last day of 2027.
According to the Coin Decimal, ApeCoin could have a minimum trading price of $4.75 and a maximum trading price of $5.80 by the close of 2027.
As you have seen in ApeCoin Price Prediction 2017, Cryptonic, After Journal, Gov. Capital, and Price Prediction.net puts APE above $100 in the next 5 years.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion
With an eye on the price forecasts, ApeCoin is a digital asset you should consider adding to your portfolio of investments. It’s relatively cheaper and shows a lot of promise in the saturated crypto market.
Whatever happens, assess your risk appetite, and once rewards are greater than risks you can invest in APE.
Based on the forecast, you could be walking away with at least 726% gains from ApeCoin in the next 5 years.
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:
3 Reasons To Buy ApeCoin (APE) And 1 Reason To Sell
The Best Places to Buy ApeCoin (APE)
How To Make (Or Lose) Money With ApeCoin
How To Trade ApeCoin With $100