On April 28, 2022, the virtual currency apecoin reached an all-time high (ATH) of $26.70 per segment, as well as virtual money ranked 25th out of 13,371 cryptocurrencies in terms of value and volume. On the same day, the products comparison website Finder released its forecast analysis for apecoin's financial results, and Finder's polled panellists expect apecoin would conclude the year at $27 per section.
This week, finder experts released a fresh analysis study in which 36 financial technology experts were asked to project the price movements of apecoin (APE). Virtual money has recently created tremors, propelling everything to the 25th greatest current valuation ranking as of April 28. Additionally, APE hit an all-time high on Thursday, rising to $26.70 per APE. Nevertheless, APE has lost almost 15% of its value since its peak.
According to Finder's poll, APE will hit $27.70 per token by the end of 2022, and $25 through the end of 2025. 50 per cent of the panellists believe it is better to sell APE, 33 per cent of the 36 financial technology experts believe it is time to keep APE, and 17 per cent believe it is time to purchase. Three-quarters of the panellists think apecoin (APE) is really just another meme coin commodity like DOGE or SHIB.
Dimitrios Salampasis, a financial technology instructor at the Swinburne University of Technology, believes APE will hit $45 by the end of the year. Salampasis, on the other hand, estimates APE would be valued at only $10 by 2030. "The present frenzy around NFTs is influencing the price of apecoin," Salampasis explained. "I anticipate that almost all of these massively overvalued digital currencies will ultimately fade away and lose their relevance, despite the fact that their inherent regulated use potential is minimal."
Thomson Reuters' technologist and futurist Joseph Raczynski are particularly positive about APE's pricing, believing it might reach $100 by 2030. Fred Schebesta, the co-founder of Finder, estimates APE might approach $100 by 2030, but his projection for 2022 is lower than the panellist's estimate. According to Schebesta, apecoin will conclude the year at $20 per unit. Matthew Harry, the director of funds at Digitalx Capital Advisors, had a pessimistic outlook.
The Digitalx CEO believes that APE's present success depends on enthusiasm and that apecoin would be valued at $0 by 2030. "It appears to be a clear play on the already popular themes of DAOs, Web3, and BAYC/Degen," Harry said in the study. "I have seen several thousand variations of media attention coins meant to draw in new retail money but fail to deliver." While 75% of the panel feels APE is mere "some other joke coin," 20% assume APE has potential, and 5% are "unsure" concerning apecoin.