ApeCoin has brought awesome gains to early investors. This has led many potential traders and investors to ask the question, can ApeCoin make me rich?
Additionally, questions such as what will ApeCoin be worth in the next 5 years and what will ApeCoin be worth in the next 10 years continue to trend on different search engine platforms.
One of the most pressing questions most of our researchers continue to come across is, if I invest in ApeCoin today, how rich can it make me in the next few years?
To put it simply, ApeCoin can make you rich.
This is because the ApeCoin ecosystem is relatively younger when compared to Shiba Inu (SHIB), Ethereum (ETH), Solana (SOL), Cardano (ADA), Tron (TRX), and Bitcoin (BTC).
If you look at the young price history of APE and the returns on investments buoyed by a rally in the price of the token in March 2022, we can conclude that APE has the potential of being one of the biggest gainers in 2022.
But just how rich can you get from investing in the Ape-inspired cryptocurrency?
It depends on several factors such as your investment capital and the price ceiling you want to let your investments go.
APE has already returned more than 3,000% for some investors.
So imagine how rich you could have become if you purchased at least $10,000 worth of ApeCoin during its launch on March 17, 2022.
Should I Invest in ApeCoin today? Can APE token reach $100? How rich will I be in one year if I invest in ApeCoin today?
Let us start by examining ApeCoin’s prospects of reaching $100.
Will ApeCoin Eventually Reach $100?
YES! ApeCoin could reach $100 or more in the coming years.
This is because the entire project is undervalued due to not having a lot of innovative products in its ecosystem.
As of writing, APE continues to rely on the popularity of the Bored Ape Yacht Club (BAYC) to remain relevant.
As soon as the team behind the project liaisons with the right developers and begins to launch more decentralized protocols, APE could rally to new milestones.
But will it be hard for ApeCoin to reach $100?
Of course, Bitcoin did not reach $10,000 during its first year as a tradable token.
It took Ethereum more than five years before it surpassed the $1,000 milestone.
In the same way, ApeCoin can reach $100 but it would go through several price corrections and resistance.
At APE's current price of $11.68, as of writing, the cryptocurrency will need to increase by 756% before the $100 price mark could be attained.
There are around 1 billion ApeCoins in total and maximum supply. For every ApeCoin to be worth $100, the ApeCoin ecosystem would have a market capitalization of $100 billion.
This is attainable unlike tokens such as Shiba Inu (SHIB) whose market capitalization could cross $10 quadrillion should the token reach $10 someday.
Another factor that could see APE reach $100 in the not-too-distant future is its extremely accessibility.
A cryptocurrency such as SAFEMOON brought huge returns to investors but could not be found by millions of traders.
This is because SAFEMOON is supported by decentralized exchange PancakeSwap (CAKE) and centralized exchange (Bitrue). For traders that believed in regulation, this took them right out of buying SAFEMOON.
What's more, the number of users on PancakeSwap and Bitrue is dwarfed by the millions of active users on exchanges that support APE for trading.
Lack of accessibility is why SAFEMOON has recorded less than $1 million as volume for the entire April of 2022.
You can find APE on eToro, Binance, Crypto.com, OKX, Coinbase Pro, Gate.io, Kucoin, Kraken, ZB Global, and BitMart among others.
So if ApeCoin is highly accessible and can attain the price of $100, what will APE be worth in the next five years?
Read Also: 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.
What Will ApeCoin Be Worth In 5 Years?
Let us take a look at some of the ApeCoin Price Prediction in 5 years.
According to the analysts at technical analysis-backed Wallet Investor, ApeCoin could command a regular trading price of $21.476, a minimum trading price of $18.097, and a maximum trading price of $24.377 in the next 5 years.
According to the experts at Price Prediction.net, ApeCoin could trade for a coin at an average trading price of $71.37, the least possible trading price of $68.91, and the best possible trading price of $81.64 by the year’s end of 2027.
Per the projection of analyst Ntin Kashyap at Up To Brain, APE could reach the best possible trading price of $22.87 in the next five years.
According to the trading gurus at Digital Coin Price, APE could have a regular trading price of $20.76, the lowest trading price of $19.05, and the highest trading price of $22.61 on the last day of 2026.
Experts at Tech News Leader are not so bullish about the prospects of ApeCoin in the next five years. According to them, ApeCoin is going to fall to an average trading price of $1.53, a minimum trading price of $1.48, and a maximum trading price of $1.83 by the close of 2026.
Per the prediction of the analysts at Gov. Capital, ApeCoin could command an average trading price of $66.960, the least possible trading price of $56.916, and the best possible trading price of $77.004 by the year’s end of 2026.
According to the trading gurus at Coin Data Flow, if ApeCoin has 100% of Bitcoin’s previous average growth per year, the token could reach a new all-time high price of $1,968.47 by the close of 2027.
Don't Miss: ApeCoin (APE) Price Prediction
Where Will ApeCoin (APE) Be In 10 Years?
Since there are not many price forecasts within that time frame, we would be focusing on all estimations from ApeCoin Price Prediction 2030 and beyond.
ApeCoin has a positive reserve risk which means that investor confidence remains high although the price remains low.
With this, there are many investors with an eye on the long term who are holding onto their APE tokens.
They believe APE would trade for a price relatively higher than the region it currently finds itself.
Some of the factors that could see APE reach new price milestones include but are not limited to the fear of missing out (FOMO), the backing of major players in the crypto finance, the impact of the Bored Ape Yacht Club (BAYC), and a bullish engulfing which would be led by Bitcoin in the future.
Bullish Engulfing of Bitcoin ― Once Bitcoin rises as it did in the first four (4) months of 2021 and again in November of the same year, altcoins such as Ether (ETH), Cardano (ADA), and Binance Coin (BNB) among others followed.
In the same way, should Bitcoin rally to a new price milestone above $70,000, the bulls will positively reflect in the valuation of ApeCoin.
Fear of Missing Out (FOMO) ― Millions of people did not think much of cryptocurrencies when Bitcoin became a tradable token in 2011.
Aside from Bitcoin, Ether, BNB, SAFEMOON, Dogecoin (DOGE), and Shiba Inu have recently brought huge earnings to holders.
This is why ApeCoin is garnering attention from all sorts of traders (sophisticated and unsophisticated).
With more than 700 million ApeCoins still up for grabs, the fear of missing out on potential gains could drive the price of APE to new milestones in the next ten (10) years.
Impact of the Bored Ape Yacht Club (BAYC) ― As of April 12, 2022, there are around 132 unique buyers of BAYC digital collectibles and more than 2000 overall in 2022.
The project has become a hit among the saturated non-fungible token space that sees the launch of more collections daily.
Once BAYC thrives in the future, the effect on the price of APE will largely be positive.
Now that you know the potential drivers of APEs price in the long term, let us analyze some of the projections of reputable crypto news and forecasting portals.
According to the analysts at Changelly Blog, ApeCoin could command the highest possible trading price of $100 in 2030.
According to the experts at Price Prediction.net, ApeCoin could have an average trading price of $305.95, the least possible trading price of $297.53, and the best possible trading price of $356.11 by the year’s end of 2030.
On the last day of 2031, APE could command a regular trading price of $431.85, a minimum trading price of $419.62, and a maximum trading price of $512.71.
According to the trading gurus at Digital Coin Price, ApeCoin (APE) could command a regular trading price of $52.86, the lowest possible trading price of $51.26, and the highest possible trading price of $55.14 by the end of 2030.
On Dec. 31, 2031, the crypto prediction website believe APE could trade for a regular price of $59.80, a minimum price of $57.01, and a maximum price of $62.53.
Analysts at Tech News Leader do not believe that APE will soar in the long term.
They pointed out that ApeCoin could reach the best possible prices of $7.68 and $11.03 in 2030 and 2031 respectively.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Is ApeCoin (APE) A Good Long-Term Investment?
YES! ApeCoin is a good long-term investment. Although it was inspired by the Bored Ape Yacht Club (BAYC) and the Mutant Ape Yacht Club (MAYC), it is gradually finding independence in the crypto finance market.
What’s more, analysts believe that the token has the potential of crossing several milestones.
With that said, investing in ApeCoin comes down to two factors which are risks and rewards.
As an investor, you should always ask the question, do the possible rewards of investing in ApeCoin outweigh the possible consequences of the risks?
APE is relatively cheaper, continues to see huge investor interest (averaging $500 million) in daily volume, it’s a large-cap digital asset, and has a massive crypto community behind its development.
But, is Ape a good long-term investment, and how much can I make from buying ApeCoins today?
Well, APE is a good long-term investment and can break into the top 10 digital assets by market capitalization if the project becomes sustainable.
To get to know if you can become rich by investing in ApeCoin, follow the example below.
Let us assume you invest $10,000 into ApeCoins today (at a price of $11.18). You will be able to buy around 894 APEs.
Should APE reach $512.71 in 2031 as forecasted by the Price Prediction.net, your $10,000 investment would mature to $458,595.
This is a 4,485.95% increase in your investment capital.
With the example provided above and the price drivers aforementioned, APE is a good long-term investment that could bring sparks to your portfolio.
Check Out: 14 Reasons Why You Should Invest In ApeCoin (APE) Today
Conclusion: Should I Buy ApeCoin (APE)?
Investor opinions, crypto analysts/experts/gurus, and trader sentiments point to the direction of a rise in the price of ApeCoin. However, due to the uncertainty of the cryptocurrency market, no one can tell with specifics the price of ApeCoin in the next 5 or 10 years.
Ultimately, it is your hard-earned money, and you have a right to do whatever you want with it.
Know your risk appetite, know the costs involved in buying ApeCoin, and understand that cryptocurrencies/blockchain technology is still considered a novelty by millions of people.
Read about the ApeCoin project. More essentially, invest in APE an amount of money you can afford to lose.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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