Ape Coin has experienced significant growth, with its price increasing by over 300% in a matter of months. This rapid growth has sparked interest in the cryptocurrency's potential for future price increases.
As of our last update, Ape Coin's current market capitalization is over $1 billion, making it a notable player in the crypto market. Its market capitalization has been steadily increasing since its launch.
Ape Coin's price prediction is influenced by various factors, including its growing adoption rate and increasing market capitalization. Its community-driven approach has also contributed to its popularity and potential for future growth.
Price Data
The price of ApeCoin is currently 0.7947 coins per 1 dollar, with a change of -0.11% from the previous day.
The price range for ApeCoin has been between 0.7799 and 0.8032 coins per dollar.
The price of ApeCoin is predicted to be 0.800 coins on Monday, January 6, with a maximum of 0.860 and a minimum of 0.748.
Here's a breakdown of the predicted prices for ApeCoin over the next few weeks:
Historical Data
ApeCoin debuted on March 17th with a price of $1 and a high of $39.40, which immediately dropped to $8.52.
Over the next couple of months, the APE value fluctuated between $10 and $15, with a brief spike to almost $27 at the end of April.
There are currently 306,875,000.00 APEs in circulation, out of a maximum supply of 1,000,000,000 coins, and a market capitalization of $1,388,374,231.
Here's a breakdown of the ApeCoin price history:
The trading volume for the last 24 hours increased by 27.89% and amounted to $121,131,212, which is a good indicator of the asset's activity.
History
The ApeCoin (APE) has a highly volatile history, with its price fluctuating wildly since its debut on March 17th. On the same day, it reached a low of $1 and a high of $39.40, only to drop to $8.52.
In the following months, the APE value bounced between $10 and $15. It even broke through the $27 mark in April, only to plummet to $15 a few days later. Since May, the token has been on a downtrend, trading mostly between $3 and $7.
As of now, the APE price is $4.52, with 306,875,000.00 coins in circulation out of a maximum supply of 1,000,000,000.
Here's a breakdown of ApeCoin's price history:
The market capitalization of ApeCoin is $1,388,374,231, ranking it 37th by that metric. The trading volume for the last 24 hours increased by 27.89% and amounted to $121,131,212.
2022
In 2022, experts predicted minor price fluctuations for ApeCoin. The average trading price of a coin was expected to be around $4.57.
The estimated maximum price for ApeCoin by the end of 2022 was $5.67 per coin. Experts also predicted a possible drop to $3.9 or an uptrend to $5 per coin.
By early November 2022, the price of ApeCoin was expected to drop to $4. This represents a 12.25% decrease from the current price as of October 24.
In December 2022, the predicted price of ApeCoin was around $3.9. The estimated maximum price for the token was $4.8, while the minimum price was expected to be $3.3.
Analysts using AI-based algorithms concluded that the coin's price was unlikely to exceed $5.25 by the end of 2022.
Analysis
The ApeCoin price has been declining for the past five months, losing over 80% of its value. However, all technical indicators are showing a bullish trend for ApeCoin, with the APE/USD pair receiving a "buy" signal on most technical analysis platforms.
The price of ApeCoin has been fluctuating throughout January, with a price of $1.2497 on Monday, January 6, and a maximum price of $1.3372. On Tuesday, January 7, the price dropped to $1.2774, with a minimum price of $1.1880.
Here's a breakdown of the ApeCoin price prediction for the first week of January:
By the end of the first week, the price of ApeCoin had dropped to $1.2552, with a maximum price of $1.3431 and a minimum price of $1.1673. The price continued to fluctuate throughout the month, with a price of $1.3979 on Monday, January 20, and a maximum price of $1.4958.
The ApeCoin price prediction for the last week of January shows a decline in price, with a minimum price of $0.9541 on Wednesday, January 29. The price continued to drop, with a minimum price of $0.8941 on Friday, January 31.
Frequently Asked Questions
Is ape coin worth anything?
ApeCoin's current value is $1.23 USD, but its worth depends on various market factors and individual investor perspectives. If you're considering investing, it's essential to research and understand the cryptocurrency's potential and risks.
Why is the ape pumping?
The ApeCoin (APE) price surge in October 2024 is primarily driven by the launch of ApeChain, a new layer-3 blockchain developed by Yuga Labs on the Arbitrum network. This innovative move has sparked significant interest and investment in APE.
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