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ApeCoin (APE) Price Prediction: Will APE Price Reach $10 By 2023?

ApeCoin price prediction
Cristian Cochintu
Cristian Cochintu
22 February 2023

ApeCoin (APE) launched in 2022 and has only dropped about 25% by the end of the year. CAPEX looks at ApeCoin’s price predictions for 2023 and beyond. 

ApeCoin (APE) is a cryptocurrency intended to support the development of Web3. The APE token was inspired by one of the most famous NFT collections – the Bored Ape Yacht Club. 

Although APE is advertised as a cryptocurrency or a coin on the blockchain, the truth is that it only exists on the Ethereum blockchain. This means that ApeCoin is, in fact, an ERC-20 token. Any Ethereum blockchain transactions of APE would also require Ether (ETH) to pay for the gas fees (blockchain transaction fees).  

ApeCoin serves as a governance and utility token within the APE ecosystem. It enables the decentralized community to participate in the advancement of Web3 actively. 

Through ApeCoin DAO (the decentralized governance framework), holders of ApeCoin (APE) exercise self-governance. APE holders cast their votes on the utilization of the ApeCoin DAO Ecosystem Fund. The APE Foundation then executes the proposals that receive the majority vote.     

But what can we expect from ApeCoin in the future? What highs may ApeCoin price hit in 2023? Will the APE price surge or plunge in 5 years?      

This article aims to address all the queries related to ApeCoin price prediction for 2023 and beyond, fundamentals, and technical updates.  

Summary of ApeCoin (APE) Forecast & Price Predictions  

  • ApeCoin (AAPE) price prediction today: the APE coin could face strong resistance at $7.5, as per charts and experts.  
  • ApeCoin price prediction 2023: most experts forecast ApeCoin can reach more than $10 during the year, but it depends on future integrations.  
  • ApeCoin price prediction 2025-2030: most analysts point out that APE might continue to grow. If so, APE could reach more than $94 by 2030.      

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ApeCoin Overview     

ApeCoin was created in 2022 after the incredible success of Yuga Labs' Bored Ape Yacht Club NFT project. APE is the utility and governance token for the ApeCoin DAO, which strives to build up the APE ecosystem.  

An administrative council within the APE Foundation, known as the Board, executes the decisions made by the members of the ApeCoin DAO. The Board oversees day-to-day operations, accounting, project management, and other crucial tasks to ensure that the community's visions are given the necessary support to become a reality. The members of the ApeCoin DAO vote on the individuals who serve on the Board. 

While APE is not a coin, there are many online references that may call it a cryptocurrency. However, ApeCoin serves as the governance token for the APE ecosystem, enabling token holders to take part in the ApeCoin DAO and providing them with a shared, decentralized currency to use without the need for intermediaries. 62% of all ApeCoin has been allocated to the Ecosystem Fund, which will finance community-driven projects as decided by the members of the ApeCoin DAO. 

Holding ApeCoin grants access to certain parts of the ecosystem that are otherwise inaccessible, such as exclusive games and services. For third-party developers, ApeCoin provides an opportunity to engage with the ecosystem by incorporating it into their projects, games, and services. 

The APE Foundation was gifted a unique NFT by Yuga Labs, the creators of the Bored Ape Yacht Club. Yuga Labs transferred all rights and privileges associated with the NFT and its accompanying artwork to the APE Foundation, and the members of the ApeCoin DAO have the power to determine how this intellectual property is utilized.   

Related: How to Buy ApeCoin (APE)   

ApeCoin's price has dropped only by 25% since its 2022 launch.  

ApeCoin was developed by Yuga Labs and released under the guidance of ApeDAO in March 2022. The Ape Foundation Board, including Alexis Ohanian and Yat Siu, ensures the implementation of ApeDAO decisions. 

APE is an ERC-20 token built on the Ethereum blockchain. The total supply is 1 billion APE. At the moment of the launch, 15% of the total APE tokens were airdropped to owners of Bored Ape Yacht Club (BAYC) or Mutant Ape Yacht Club (MAYC) NFTs.  

The APE token was directly deposited into their Ethereum wallets, making it one of the most valuable airdrops in crypto history. Holding APE tokens grants users membership to the Ape decentralized autonomous organization (Ape DAO), allowing them to vote on system proposals and govern the community.  

The founders received 8% of the supply, and 14% will go to standard investors or launch contributors, accounting for 37% in total. The remaining 63% has been allocated to the DAO treasury, Yuga Labs, and other development needs. 

APE is also meant to be used as a utility token in Web3 projects, such as games and metaverse platforms. The APE token can be used for governance, as a decentralized currency, for access to community benefits, and as an incentivization tool for new blockchain projects.  

ApeCoin has already been used in Otherside land NFT sales, generating over $300 million, and is also used in the play-to-earn game "Benji Bananas" by Animoca Brands. The future vision of ApeCoin's creators is for it to be widely adopted in multiple projects. 

With 2023 already looking like another roller-coaster period for digital currencies, CAPEX looks at ApeCoin’s price predictions from best-rated websites and experts.      

ApeCoin Forecast & Price Prediction 2023 and beyond      

ApeCoin gained significant media attention and has become a hot crypto in 2022. While the general crypto market experienced a hard bear market, the APE coin only dropped by about 25% since its launch in March 2022.  

Although it's difficult to make accurate predictions based on technical analysis due to the still-forming price structure, some forecasts can be made based on the project's information and upcoming use cases.  

ApeCoin's primary purpose is as a decentralized payment system. The specific partnerships are not yet known, but rumors suggest it may be integrated with blockchain-based games. Animoca Brands, one of ApeCoin's early investors, is expected to use APE in an upcoming project, boosting demand for the token. 

However, most forecasters predict a positive change in the market sentiment and an upward trend in 2023. By the end of December 2023, we might see ApeCoin trading at around $9.11.    

ApeCoin (APE) Price Prediction 2023      

ApeCoin (APE) price prediction site Wallet investor offers an optimistic forecast and suggests that APE’s price will steadily increase throughout the year and reach an average price of $9.726 by the end of December 2023.     

DigitalCoin is even more optimistic about its ApeCoin (APE) forecast. It predicts that the price of APE will be around $11.94 by the end of 2023.      

The long-term forecast for ApeCoin from Price Prediction shows that the price will rise to an average price of $9.35 by the end of 2023.     

CryptoPredictions has set a price target for ApeCoin at an average of $5.323 for December 2023.    

According to Changelly, ApeCoin can reach an average of $9.26 by the end of 2023. They predict that ApeCoin’s price will continue to rise throughout the year.     

The average consensus price for 2023 is $9.11 (+56.69% from its January 2023 value of $5.82), which makes ApeCoin (APE) one of the best cryptocurrencies to buy in 2023. Check also the top 5 cryptocurrencies to explode in 2023.       

It's important to remember that analysts’ forecasts can be incorrect when predicting VeChain prices. Analysts make projections based on a technical and fundamental analysis of the crypto's performance. However, past price performance does not guarantee future results.     

You should do your research and remember that trading decisions are influenced by your attitude towards risk, market knowledge, and your tolerance for losing money. When it comes to crypto, the consensus is not to invest more than you can afford to lose.           

ApeCoin Price Prediction TODAY – Buy now or wait for new lows?   

Trying to make any crypto prediction is always a challenge since these digital assets tend to behave very differently than traditional assets.  

In the case of ApeCoin, any forecasts we might find online are even harder to trust since the coin was launched in March 2022, which gives us very little historical data that we might use for technical analysis. That’s why it’s hard to determine a pattern and make a data-driven prediction of ApeCoin's future price.  

The long-term trend of ApeCoin shows a pattern of making a high, attempting to breach that high with another high but failing, and then making multiple lower highs. However, the recent monthly rally suggests a possible break from this pattern with a new higher high in the encircled region. 

To determine the future price, the highs, and lows may be used as key support and resistance levels. Tracing that path might help you to identify the highs and lows and will reveal the expected price movement for ApeCoin. 

ApeCoin chart below shows a sideways movement that might be accumulation, not re-distribution. A break above the 7.5 level will confirm the uptrend started in November 2022. 

ApeCoin Price Prediction TODAY
While we can speculate about the potential price of Vechain (VET) over the next months and years, the truth is that VeChain still is a highly speculative investment. There is not much historical data to support these predictions. It is important to invest only what you are willing to lose and include some traditional investment instruments to build a strong portfolio.   

Your investments should be small, and you should not place crypto investments above other financial goals, such as saving for retirement or paying off high-interest debt.    

Related: How to invest in cryptocurrency     

ApeCoin Price Prediction 2025      

There are indications that the crypto market is entering a new era.      

Undoubtedly, ApeCoin's long-term price prediction could rise if technological advancements are made, and the token attracts more attention.      

According to the latest ApeCoin price predictions from all expert forecasters, the token could reach an average price of $17.31 (+197% from January 2023 value) or more by the end of 2025.  

PricePrediction forecasts that the average price in 2025 could be $20.32. On the other hand, CryptoPrediction offers a less optimistic forecast and suggests that the price of ApeCoin may reach $10.18 by the end of 2025.  

However, price predictions do not always reflect long-term earning potential. It is important to analyze the potential financial consequences of this investment to determine if it is a wise financial decision.     

Vechain Price Prediction 2030      

Are you expecting ApeCoin to rise in value? The same applies to ApeCoin (APE) price predictions as it does to weather forecasts. The further we go into the future, the harder it becomes to try to predict the price of ApeCoin. The world of 2030 may be quite different from what we see now. What does 2030 hold for ApeCoin?      

Most forecasters don’t offer price predictions so far off into the future. However, using the information from the few expert forecasters that offer such information, they suggest that the price of ApeCoin might rise significantly in the future. 

By 2030, PricePrediction forecasts that the price of APE could reach around $129.05. According to a 2030 APE prediction from DigitalCoin, the trading price of ApeCoin could be $59.80. The average of these two ApeCoin price predictions is $54.42, representing a 1,522% price increase from its January 2023 value.   

Is It Possible to Forecast the Price of ApeCoin?      

Many crypto price predictions for ApeCoin are flawed because they lack the necessary analytical support. Investors will always be attracted to a high price point, especially one that is on an upward price trend. Someone holding a cryptocurrency priced at $0.01 could easily believe that it will rise to $10,000 just because it sounds good.      

The problem is that predictions can be made without any evidence or analysis. However, three types of analysis have been used in the financial world for a long time to try and forecast prices and the evolution of markets.      

  • Technical Analysis     
  • Fundamental Analysis     
  • Sentimental Analysis      

ApeCoin Forecast using fundamentals      

Investors in financial markets use fundamental analysis to study and evaluate the variables that impact an asset’s price.     

You can assess the intrinsic value of a cryptocurrency to determine if it is undervalued or overvalued. This can be achieved by analyzing qualitative factors like the state of the economy and cryptocurrency market conditions, as well as the management and market capitalization of crypto companies.     

Fundamental analysis can help traders determine the price of a cryptocurrency based on a wide range of information. This could be a great way to make long-term investment decisions.     

How to conduct an ApeCoin price prediction today using fundamentals? Fundamental analysis is when you examine the fundamentals of cryptocurrency projects, from their market capitalization to the utility and value of the native token.     

Do not confuse fundamental analysis and technical analysis. Fundamental analyses of cryptos are more qualitative and less tangible than statistical trends like price charts or historical market data.     

The fundamental analysis of cryptocurrency is like that of traditional financial markets with more traditional assets such as stocks. It is not as important to focus on a company’s historical financial performance, financial statements, or balance sheets.     

The following parameters can be used to help investors predict trends in crypto markets:     

  • Market capitalisation     
  • Total and circulating supply     
  • Token utility and use cases     
  • Community size     
  • The team behind the crypto project     
  • The crypto's trading volume     
  • Crypto exchanges listings     
  • Partnerships with trusted institutions     
  • The latest news about the coin     
  • Government rules and regulations     

It is important to remember that fundamental analysis can only give you an overview of cryptocurrency investments. You can better understand the project and the future changes in cryptocurrency prices by looking at all the information. To get a better picture, you can also refer to the company’s whitepaper.     

You can also examine blockchain metrics which provide crucial information about a cryptocurrency's technology and processes.     

VeChain (VET) Forecast using technical analysis     

Technical analysis uses historical price charts and market statistics to examine and anticipate price changes in the financial markets. It is founded on the concept that if a trader can recognize historical market trends, they may anticipate future price trajectories accurately.     

Whereas fundamental analysis focuses on an asset's 'real value,' considering both external and intrinsic elements, technical analysis is only based on an asset's price charts. To anticipate future movements, all that is required is the recognition of patterns on a chart.     

The ability to recognize price trend cues in a market is an important part of any trading strategy. All traders must devise a strategy for determining the optimal entry and exit points in a market, and using technical analysis tools is a popular technique for doing so.     

Technical analysis software is now so widely utilized that many people believe it has established self-fulfilling trading rules: As more traders use the same indicators to find support and resistance levels, more buyers and sellers will congregate around the same price points, repeating the patterns.     

In general, technical analysts look at the following broad types of indicators, formations, and theories:     



A horizontal channel, also known as a sideways trend, is characterized by a rectangle pattern with at least four contact points. To form this chart pattern, there must be two lows and two highs. This type of channel offers a clear and systematic approach to trading by identifying potential buy and sell points. The longer the horizontal channel, the more significant the exit movement is likely to be. Typically, the exit point occurs at the fourth contact point on one of the lines of the channel, and prices tend to stabilize after exiting the channel. 

ApeCoin is trading in a horizontal channel, close to the upper band of the pattern. A break above the 7.5 level will signal a new uptrend, while a failure will signal a new test of the lows.  

>> Visit CAPEX Academy to learn more     

VeChain (VET) Price Prediction Using Market Sentiments     

In finance, the term "sentiment" refers to a viewpoint or opinion about a market's condition. The sentiment of crypto market investors towards the asset is a description of their general emotions and attitudes. It reflects the collective psychology of all those involved in trading and developing cryptocurrency.     

How investors feel about cryptocurrency can have a tangible impact on market cycles and the price. It can have serious implications if enough traders act on the ideas, thoughts, and feelings they share, regardless of whether they are based on real-world data. This is evident in how tweets by Elon Musk have impacted Bitcoin's price (a bullish sentiment).     

For analyzing the sentiment of cryptocurrency markets, there are many statistics you can use. The following statistics provide vital information about the movement and trajectory of cryptocurrency assets: funding rates, sentiment indices, social media, community analysis, and whale monitoring.     

The funding rates are the monthly payments that traders receive based on price differences between the spot price of currencies and tokens and the price difference between cryptocurrency perpetual contracts. Positive funding rates indicate a bullish market.      

A sentiment index predicts whether investors will act fearfully or greedily. It can be affected by volatility, market momentum, and investor responses to surveys. A fearful market can be an opportunity to buy if it is managed correctly. Conversely, a greedy market means that it is a good moment to sell.   

Another crucial aspect for assessing sentiment in crypto markets is the community’s activity on social media, especially Twitter and Telegram. Investors would look for an active social network with meaningful interaction across platforms.     

Whale monitoring is the process of keeping an eye out for big crypto players. A cryptocurrency whale is an investor who holds large-value transactions on multiple blockchains is called. Whale watchers spot major market participants' trades and trade accordingly.     

ApeCoin Historical Prices     

The historical price performance of ApeCoin can provide useful context when considering an investment or a price prediction. The APE NFT skyrocketed 126.8% on its launch day (March 17, 2022), reaching $16.47 from $7.2604 in under 24 hours. However, the value fluctuated afterward, reaching as low as $9 before climbing back up to $15.43 by the end of the month. 

In April 2022, there were three notable price peaks – $12.27 on April 10, after the Bored & Hungry restaurant started accepting payments in APE and ETH, $17.31 on April 21, following a partnership with the OliveXFitness Metaverse, and $26.19 on April 29, as three new proposals were opened for DAO voting. Additionally, the announcement by OpenSea to accept APE for NFT purchases led to a one-day gain of over 30%. 

After 102% gains in April, the APE price started a downward trend and plummeted over the next months, dropping below its launch price in May. The token experienced a 90-day low of $2.63 in November 2022 before recovering to $4.54 in December. It closed the year at $3.64 and rallied in the New Year, breaking past $5 in January 2023. 

As of January 2023, there are 368 million APE in circulation (out of a total of 1 billion APE tokens), according to CoinMarketCap. ApeCoin is trading at around $5.82, which makes it the 30th largest token based on its market cap, and one of the largest NFT coins and metaverse-related crypto coins.      

ApeCoin Price Prediction - FAQs:      

Is ApeCoin worth buying in 2023?      

It is uncertain at this time. ApeCoin was launched in March 2022, which makes it one of the newest coins on the market. While the entire crypto market was experiencing a deep bear market in 2022, APE was one of the few tokens to have such positive returns, even for a short while.  

Using the limited data available today, most expert forecasters suggest that the price of ApeCoin might increase in 2023.  

Keep in mind that it's important to conduct thorough research before investing. Even well-established cryptocurrencies can be impacted by negative market trends, so investors should be prepared for potential losses and never invest more than they can afford to lose. 

How high can ApeCoin go in 2023?      

All cryptocurrency expert forecasters have made optimistic predictions for ApeCoin’s price in 2023. One of the most optimistic forecasts is $11.94 by DigitalCoin.   

Will ApeCoin crash in 2023?      

According to most experts and prediction websites, ApeCoin has a low chance of crashing in 2023. All expert forecasters are optimistic about the future price of ApeCoin. However, please consider the limited data and price history before deciding to invest in APE. 

Does ApeCoin have a future?      

According to most expert forecasters, ApeCoin will have an upward trend over the next years. DigitalCoin predicts that ApeCoin may rise to over $24 by 2026.  

It's worth noting that price predictions are often inaccurate, and prices can fluctuate both positively and negatively. 

The future prospects of ApeCoin are closely tied to the performance of the cryptocurrency market as a whole. When considering investing in APE, it's important to adopt a strategic approach. This type of investment may not be suitable for those with a low-risk tolerance, but it can be a good option for individuals with strong financial standing and high-risk tolerance. In addition to its speculative nature, APE also provides exposure to a thriving global technology and expanding ecosystem. 

What will ApeCoin be worth in 5 years?     

ApeCoin has a good chance to rise over the next five years if more blockchain games and metaverses start using this token. According to PricePrediction, ApeCoin could be worth $64 by 2028.    

What will ApeCoin be worth in 2025?      

According to the latest ApeCoin price predictions from all expert forecasters, the token could reach an average price of $17.31 (+197% from January 2023 value)  or more by the end of 2025.  

PricePrediction forecasts that the average price in 2025 could be $20.32. On the other hand, CryptoPrediction offers a less optimistic forecast and suggests that the price of ApeCoin may reach $10.18 by the end of 2025.  

What will ApeCoin be worth in 2030?      

By 2030, PricePrediction forecasts that the price of APE could reach around $129.05. According to a 2030 APE prediction from DigitalCoin, the trading price of ApeCoin could be $59.80. The average of these two ApeCoin price predictions is $54.42, representing a 1,522% price increase from its January 2023 value.    






Cristian Cochintu
Cristian Cochintu

Cristian Cochintu writes about trading and investing for Cristian has more than 15 years of brokerage, freelance, and in-house experience writing for financial institutions and coaching financial writers.