Analysts Predict ApeCoin To Hit $50 By End Of 2025 – And $100 By 2030

Christian Encila

3 years ago

3 mins read

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As Bitcoin and Ethereum price remain bearish for the longest time now; barely hitting above $40,000 for BTC and not going over $3,000 for ETH, ApeCoin, on the other hand, is on fever-pitch with price prediction of up to $100 by 2030.

And to think, the coin is just warming up.

Both Bitcoin and Ethreum have been struggling and are down by 20% since April. Meanwhile, it’s all rainbows and sunshine recently for ApeCoin, a coin connected to the Bored Ape Yacht Club NFT collection that is now dubbed as a $7-billion coin.

Price Predictions

Now, cryptocurrency titans and experts recently announced a price prediction for ApeCoin as it skyrockets to 50% in a week’s time following its NFT sale.

Dimitrio Salampasis, a FinTech speaker and lecturer at Swinburne University of Technology, is very optimistic and bullish with ApeCoin. His current prediction is $45. However, he says ApeCoin will be worth $10 come 2030.

The ongoing rush or hype with NFTs greatly impact the coin’s performace. Salampasis feels that crypto is overhyped at some point and it would gradually lose its value over time when the hype dies down.

However, Salampasis believes that now is the best time to sell ApeCoin. However, some of his co-panelists think that it’s time to HODL APE. Still, a few percent say now is definitely the time to buy.

Finder Co-Founder Fred Schebesta gave his forecast as well. He said APE could be valued at $20 by end of 2022, go higher at $50 by end of 2025, and finally shoot up to $100 by 2030.

BTC total market cap at $738.16 billion on the daily chart | Source: TradingView.com

What’s APE?

ApeCoin is an Ethereum-based token of the Bored Ape Yacht Club (BAYC) NFT by Yuga Labs. They have over 10,000 unique digital bored ape art collections.

ApeCoin DAO is also managed by the Ape Foundation. Investors who buy the Bored Ape NFTs are also eligible to claim APE tokens at zero costs.

More so, investors can also resell them or even use them in their own product branding. ApeCoin has been soaring lately because unlike other cryptos, it has expanded to other markets like tapping on NFT and the metaverse.

The possibilities and potential of crypto, NFT, and the blockchain in general are so limitless that it’s impossible to make a general forecast or prediction yet.

APE – Shaking Grounds In The Metaverse

APE is the token of the future. It is specifically engineered to support community-led activities in the APE ecosystem. It’s a decentralized protocol that will ultimately define a thriving culture in the metaverse.

Doubters in the panelists say that APE’s surge is only based on hype while there are crypto gurus who believe that it is in for the long haul.

Yuga Labs is now primed to be the blue chip in the NFT category especially after purchasing CryptoPunks.

With their ecosystem and community, ApeCoin is bound to shake grounds in the metaverse.

Featured image from The VR Soldier, chart from TradingView.com

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.