Finder’s Experts Predict Apecoin Will End 2022 at $27 per Token, 75% Think APE Is Just "Another Memecoin"
On April 28, 2022, the crypto asset apecoin tapped an all-time high (ATH) tapping $26.70 per unit and the digital currency has taken the 25th largest market capitalization among 13,371 cryptocurrencies. The same day, the product comparison platform Finder published its prediction report that covers apecoin’s market performance and Finder’s surveyed panelists predict apecoin will end the year at $27 per unit. Finder’s Experts Predict Apecoin’s Future Value
This week finder.com published a new prediction report that polled 36 financial technology (fintech) specialists in order to forecast the future price of apecoin (APE). The digital currency has made waves in recent times and has propelled itself to the 25th largest market capitalization position as of April 28. Furthermore, APE reached an ATH on Thursday, skyrocketing to $26.70 per APE. However, APE has shed roughly 15% since the price high. APE/USD chart on Friday, April 29, 2022.
Finder’s poll predicts APE will reach $27.70 per coin by the end of 2022, and by the end of 2025, APE will be $25. 50% of the panel says it’s time to sell APE, 33% of the 36 fintech specialists insist people should hold apecoin, and 17% say people should buy. Three-quarters of all the panelists believe apecoin (APE) is simply another meme coin asset like DOGE or SHIB.
The fintech lecturer at Swinburne University of Technology, Dimitrios Salampasis, is very bullish about APE and thinks it could reach $45 by the year’s end. Although, Salampasis believes APE will only be worth $10 by 2030. “The current hype of NFTs is impacting the price of apecoin,” Salampasis said. “I am of the opinion that all these overhyped crypto assets will gradually disappear and lose their value because their utility potentialities are trivial.” Digitalx Executive Believes Apecoin Will Be Worth Zero by 2030
Another person who is bullish about APE’s price is Thomson Reuters’ technologist and futurist Joseph Raczynski as he believes APE could reach $100 by 2030. Finder.com’s co-founder Fred Schebesta also believes APE could reach $100 by 2030, but his 2022 forecast was below the panel average. Schebesta said he expects apecoin to end the year at $20 per unit. One bearish point of view came from Matthew Harry, the head of funds at Digitalx Asset Management.
The Digitalx executive thinks APE’s current value is based on hype and he thinks by the year 2030, apecoin will be worth zero. “It looks to be an obvious play on the currently hyped themes of DAOs, Web3, and BAYC/Degen,” Harry explained in the report. “Have seen a thousand iterations of hypecoins designed to bring fresh retail capital into the space and not deliver.” While 75% of the panel believes APE is just “another memecoin,” 20% think APE has a future and 5% of the panelists said they were “unsure” about apecoin. Tags in this story APE, APE whales, Apecoin, Apecoin (APE), Apecoin whales, Asset Distribution, BAYC, Binance, Bored Ape Yacht Club, crypto assets, Digitalx executive, Dimitrios Salampasis, Distribution, experts, Finder.com, Finder.com APE, Finder.com Apecoin, Finder.com predictions, Finder"s Experts, Fintech, Fred Schebesta, Joseph Raczynski, Matthew Harry, NFTs, Trading Volume
What do you think about Finder’s prediction report that covers apecoin’s future value? Do you think apecoin is just another memecoin? Let us know what you think about this subject in the comments section below. Jamie Redman
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Meme Token Economy Jumps Close to 10% Higher After Dogecoin Spike Fuels the Pack MARKETS AND PRICES | 4 days ago NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales MARKETS AND PRICES | 4 days ago
Image Credits: Shutterstock, Pixabay, Wiki Commons, apecoin, Previous articleRevolutionary NFT Platform YellowHeart Protocol Set to Launch on Bittrex Global Starting Block Next articleElon Musk Is First in Line as Ukrainian NFT Museum MetaHistory Launches Hall of Fame Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItTony Hawk"s Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.Fidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand" Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether