Report post

Why did apecoin's price increase in 2022?

Like much of the rest of the market, APE struggled in 2022. However, APE increased from a price of $4 in December 2022 to the current price of $5.8 – a 45% increase. One of the reasons for the price jump could be due to the release of ApeCoin’s staking mechanism, which went live on December 12th, 2022.

How much will ape cost in 2023?

Wallet Investor provides one-year and five-year price forecasts of $13.43 and $22.14, respectively, for APE. Similarly, Gov Capital suggests APE could hit $17.72 in one year and $79.01 in five years. Finally, DigitalCoinPrice forecasts APE could average $18.47 in 2023 and $29.89 in 2027.

What to expect from apecoin in 2023?

However, popular crypto prediction site PricePrediction expects ApeCoin to finish the year at a maximum price of $21.75, while Florencetrust, another crypto news site, predicts ApeCoin will trade sideways and end the year with a conservative $14.80 value. Experts and speculators expect ApeCoin to keep soaring and making new all-time highs in 2023.

Is apecoin a bullish or bearish stock in 2024?

ApeCoin is predicted to start its breakout from the bearish pattern around Q4 of 2023 and move to a bullish pattern in 2024 fueled by adoption in P2E games, BAYC events, and merch. In 2024, it is expected to move across the resistance level to rally to a price band of $39.40 to $40.84. However, it could reach a maximum price level of $47.40

Related articles

Canadian Authorities Initiate New Project to Combat Crypto Fraud

Canadian Authorities Initiate New Project to Combat Crypto Fraud2024-09-06 09:48:40The Alberta Securities Commission (ASC) has collaborate […]

Canadian Crypto Exchanges Faces Deadline For CIRO Membership

Canadian Crypto Exchanges Faces Deadline For CIRO Membership2024-08-06 23:33:50Canadian crypto exchanges face a looming deadline to comply with new regulations, specifically CIRO membership. With the crypto deadline approaching, exchanges are scrambling to adapt and ensure regulatory compliance. The question arises: are Canadian exchanges urgently pursuing regulatory compliance? This article explores the challenges and opportunities facing Canadian crypto exchanges as they navigate the changing regulatory landscape.

Best Ethereum ETFs In Canada For 2024

Best Ethereum ETFs In Canada For 20242024-08-01 02:52:21Discover the top Ethereum ETFs in Canada for 2024, including a comprehensive guide on what Ethereum ETFs are and how they work. Learn about the evolving investments in Ether ETFs like ETHR and CI Galaxy’s ETHX, as well as the purpose and benefits of investing in ETHH. Stay ahead of the curve with our curated list of top Ethereum ETFs for Canadian investors.

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms2024-07-25 15:35:16On Wednesday, Bitcoin mining firm Riot Platforms announ […]

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction2024-07-21 22:57:17Solana ETFs’ approval prospects and SOL price predictions are gaining momentum, with investors speculating on the potential impact of these funds on SOL’s growth. The outlook is being closely watched, especially during U.S. elections, as market sentiment could shift. While CME futures are not yet a necessity, the ETF approval may serve as a significant catalyst for SOL’s price movement. Stay tuned for updates on this developing trend.

The World's Leading Crypto Trading Platform

Get my welcome gifts