Will Apecoin reach $50?
| Metric | Value | Trend |
|---|---|---|
| Current Price | $0.553 | Higher |
| Trading Volume | $89.6 M | Steady |
ApeCoin, developed by Yuga Labs, is a utility and governance token for the APE ecosystem, operating on the ERC-20 standard. It serves as a governance token in the ApeCoin DAO and provides access to unique ecosystem features. The APE Foundation administers DAO decisions and manages the Ecosystem Fund to support the infrastructure for ApeCoin holders.
The ApeCoin DAO enables community engagement and growth through the APE Improvement Proposal Process, allowing discussions on fund allocations, governance, and partnerships. Overseen by a Special Council, the DAO ensures proposal implementation and treasury security. ApeCoin has a fixed supply of 1 billion tokens, distributed among ecosystem stakeholders, including NFT holders, Yuga Labs, launch contributors, and BAYC founders.
Apecoin Price Performance So Far| Last 7 Days | -0.8% |
| Last 1 Month | -20.3% |
| Last 12 Months | -75.2% |
| Quality Of Investment | Poor |
Apecoin – Buy or Sell? Select One
Latest Apecoin News
- March 28th: Gate.io has integrated APECOIN. The Apecoin integration in Gate.io makes s it simple to convert fiat to $APE and build communities..
Will Apecoin reach $50?
To reach $50, APE will need to rise 91x.
At $50, the target market cap will be approximately $37.70 billion.
If APE were to rise at the pace of 25%, it will take approximately 21 years to reach $50.
Let us evaluate this data
- Quality of Investment– Poor
- Growth required to reach $50– Not Feasible
- Market Cap at $50– Somewhat Feasible
The aggregate Apecoin Price Prediction for 2030 is $15.1. This is significantly lower than the price target of $50. Considering the Quality of Investment, growth, and time required, Apecoin has no chance of reaching $50.
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Note: Please consult a registered investment advisor to guide your financial decisions.
