The project plans to get more decentralized in the future, though. ApeCoin’s current share of the entire cryptocurrency market is 0.17%, with a market capitalization of $ 1.69 Billion. The fully diluted market value is referring to a cryptocurrency’s market cap when/if its total supply is issued. The total supply of a cryptocurrency is referring to the total amount of coins in circulation or locked minus the removed ones. The company’s market capitalization is projected to be $2.93 billion. Despite being the newest cryptocurrency on the block, it is already ranked 47th in market capitalization as of April 2022.
A list of the top ApeCoin markets across all crypto exchanges based on the highest 24h trading volume, with their current price. Is the largest cryptocurrency exchange in the world by trading volume. In fact, it tops the ranks of cryptocurrency exchanges maintained by CoinMarketCap, which are ranked based on 24-hour trading volumes, exchange score and average liquidity. Binance triumphs over exchanges like Huobi Global and Coinbase, which follow closely in 2nd and 3rd places, respectively. For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction.
For example, the creators of the token allow for third-party developers to incorporate the token into their own projects. They hope that this will help the token grow, as well as provide utility for developers. They seem to genuinely want to make ApeCoin the currency for the entire Yuga Labs ecosystem . BitDegree Crypto Learning Hub aims to uncover, simplify & share cryptocurrency education with the masses. Based on the Learn and Earn principles, crypto newcomers, students & researchers are enabled to gather core crypto knowledge by collecting incentives while they learn.
The 2nd quarter of 2022 has been one of the worst times for crypto to date, with major tokens depreciating 30% to 50% in a short time period. Many are wondering if the markets will bottom out or if they will continue to slide. The Ethereum Merge may prove to turn the market around but nothing is certain yet. Wallets are a way to store cryptocurrency separately from any single exchange. Use of a wallet allows users to have full discretion over their fees and can be safer than holding your tokens in an exchange. It has moved by -9.08% in the past week and is currently at $5.40.
ApeCoin’s price for 2033 according to our analysis should range between $147.66 to $221.50 and the average price of APE should be around $184.58. ApeCoin’s price for 2032 according to our analysis should range between $110.20 to $165.30 and the average price of APE should be around $137.75. ApeCoin’s price for 2031 according to our analysis should range between $82.24 to $123.35 and the average price of APE should be around $102.80. What is ApeCoin (APE) ApeCoin’s price for 2030 according to our analysis should range between $61.37 to $92.06 and the average price of APE should be around $76.71. ApeCoin’s price for 2029 according to our analysis should range between $45.80 to $68.70 and the average price of APE should be around $57.25. ApeCoin’s price for 2028 according to our analysis should range between $34.18 to $51.27 and the average price of APE should be around $42.72.
The Ape Foundation
Follow me, I will show you the learning path, as well as how to earn big rewards while learning. According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping ApeCoin. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory. APE has a highest price of $26.91, which was reached on Apr 28, 2022 . Gain XP & Collect Rewards Gain your Crypto XP by learning crypto & redeem your rewards later.
MATIC price trades below 50 and 200 EMA on the daily timeframe despite showing some relief strength. The price of MATIC must hold $0.72 support or face a drop-down to a weekly low. Track ApeCoin’s history in its entirety, ranging from the ApeCoin starting price to the most recent APE price data. Our APE price history tool allows you to display the price data in the currency of your choice, and you can also adjust the level of detail by choosing between different frequencies .
The cryptocurrency’s market Price changes in percent within the last 24 hours . APE was developed by Yuga Labs, a company that specializes in cryptoassets, especially NFTs, and has become known for its collection of assets called Bored Apes. However, ApeCoin DAO was created to manage and develop the next steps of the project. Therefore, despite being created by Yuga Labs, APE is managed by its own user community, which is ApeCoin DAO.
Apecoin Price Prediction: Triangle Pattern In Play
As per the ApeCoin price prediction undefined model above, APE’s price for undefined should range between $undefined to $undefined with the average price for undefined being $undefined. Investing in ApeCoin, APE will purely depend on your personal risk appetite. As you can see over the past 24 hours ApeCoin’s price has witnessed a 0.24% increase and over the past 30 days ApeCoin has increased by 12.40%. So it all depends on if this investment will hit your trading goals.
The Nano S offers rudimentary features while the Nano X supports ease of use with Bluetooth connectivity and a larger screen. Born in Paris, the company has since expanded to more than 130 employees in France and San Francisco. First, the token is extremely volatile, so an upward trend from volatility could lift the price above $30. Additionally, Yuga Labs could bring the token to the metaverse and increase the hype surrounding the project, which could increase the price as well. However, both scenarios are completely speculative, and there is no telling where the price will go. Binance.US. The exchange in the U.S. uses the same cutting-edge technology and trading services as its global counterparts with the difference being U.S. regulatory compliance.
All About Apecoin
Deposit crypto to our exchange and trade with deep liquidity and low fees. In the same month, Yuga Labs bought the intellectual property rights to the CryptoPunks and Meebits NFT brands. Yuga Labs gave the holders of the NFTs the same commercial rights to the images as holders of BAYC NFTs. In a March 2022 seed round led by a16z crypto, Yuga Labs raised $450 million, data from Crunchbase shows. Own 30+ cryptoassets on an easy-to-use platform, and share in the knowledge of 25m+ users.
As the crypto markets continue to slide, UpToBrain sees this also impacting ApeCoin’s price and believes that now is a solid time to buy. While the markets may not have reached the bottom, it believes that there will eventually be a large turnaround that will raise ApeCoin’s price. AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.
- The sale raised $285 million in early May 2022 by selling NFTs that represent deeds to plots of virtual land in an upcoming 3D world.
- Those who held a Mutant Ape NFT and a Kennel Club NFT were entitled to 2,898 tokens.
- BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency.
- Incentivization – ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects.
- It will be a community member in the ApeCoin DAO and will adopt APE as the primary token across new projects.
- Built on the Ethereum blockchain, ApeCoin is an ERC-20 token.
Holders of both Bored Ape NFTs and Kennel Club NFTs, another derivative NFT project, could claim 10,950 tokens. Those who held a Mutant Ape NFT and a Kennel Club NFT were entitled to 2,898 tokens. Incentivization – ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into https://xcritical.com/ services, games, and other projects. According to the ApeCoin Price Prediction model above, APE’s price in 2030 would be $76.71. According to the ApeCoin Price Prediction model above, APE’s price in 2029 would be $57.25. According to the ApeCoin Price Prediction model above, APE’s price in 2028 would be $42.72.
Building On The News: Introducing Layer 2 By Coindesk
15% is allocated to Yuga Labs, 14% to the people and companies involved in the launch of ApeCoin, 8% to Yuga Labs founders, and 1% to a charity fund for the Jane Goodall Legacy Foundation. Third-party developers can participate in the ecosystem by incorporating APE into services, games, and other projects. ApeCoin is intended to serve as the decentralized protocol layer for various community-led initiatives. The percent change in trading volume for this asset compared to 1 hour ago.
For the last 30 days more than 1 APE transactions made, on average daily 0.03 completed transactions. After the start of the token on Jul 31, 2020, on the Ethereum platform, more than 657 wallets owned/owns APE also 6,414 successful token transactions have been recorded till today. APE will need to avoid closing below the 4.24 level to make a move to the first major resistance level at $7.48. If another extended rally, it should test the next major resistance level at $1,219.09. ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services. Each token also represents one vote in the ApeCoin DAO, allowing stakeholders to engage in future ventures democratically.
World currency prices are based on rates obtained via Open Exchange Rates. Binance.US ranks 9th on CoinMarketCap’s list of the top 10 exchanges based on metrics like 24-hour trading volume, exchange score and average liquidity. ApeCoin’s current price is $5.52, with a 24-hour trading volume of $435,475,762. The APE/USD pair started trading at $4.6, and its value fluctuated from $4.66 and $5.72 on a given day.
ApeCoin is a new cryptocurrency released on the Ethereum network. ApeCoin is the native cryptocurrency for the APE ecosystem, which includes the ApeCoin DAO and all services and products utilizing APE. Yuga Labs, the creator of the famous Bored Ape Yacht Club NFT collections, has adopted APE as the primary token for all new products and services. APE commenced trading at $7.26 when it launched on March 17, 2022.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. However, one interesting observation is that APE’s liquidity in the DEX is not as much as in the CEX. First, the gas price for minting APE skyrocketed to 10 times than the normal price right after the airdrop.
In late April of 2022, the token traded just above the $26 range at its highest, but quickly fell back to Earth in a few days and was later rocked again by the crypto collapse of the summer of 2022. ApeCoin’s immense popularity has caused it to be listed on a variety of major exchanges. However, Binance.US (or Binance for non-U.S. users) and Crypto.com are among the best. These exchanges are well known for their security, low fees and ease of use.
Even if the price of $40 is true and APE did drop 80% from there to $8, only very few were able to sell APE at that price. A more reasonable way to look at the initial price of a newly launched token is to use the volume of USD traded within the minute divided by the volume of the token. In the case of Binance in the first minute, the total USDT volume is 19.66 million and the total APE volume is 2.15 million, which gives an average price of $9.14 in the first minute for APE. The trading volume of Binance is the highest among the three platforms used in this article and the reader should know that APE is also traded on other platforms. In the first five minutes, Binance’s total trading volume was $42 million, whereas FTX perpetual’s trading volume is in total $18 million and the spot volume is $6 million.
Latest About Apecoin
It’s important to note that current ApeCoin market capitalization is $1,652,480,992.75, and the maximum supply is 1,000,000,000 APE coins. ApeCoin was first airdropped to Bored Ape Yacht Club NFT holders by parent company Yuga Labs. BAYC is a decentralized Web 3.0 community of token holders and fans of the popular non-fungible token series featuring 10,000 unique Apes minted on the Ethereum blockchain. ApeCoin will initially be used as an in-game token for Yuga Labs adventure mobile game Benji Bananas. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets.