ApeCoin Price Predictions: Where Will APE Red-Hot Crypto Go?

One of the most interesting tokens to hit the market this year is definitely Apecoin (APE-USD). This project, which involves the creators of high-profile non-fungible token (NFT) projects such as the Bored Ape Yacht Club, has generated incredible interest. As a result, this volatile token has also generated huge interest in ApeCoin’s price predictions given the intense moves lately.
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Initially listed at $1 per token, APE soared to almost $40 per token in a very short time, providing early investors with incredible returns. Still trading at around $12 per token, many believe another rally may be imminent. Why?
Well, the speculation that Apecoin could be a potential Robinood (NASDAQ:HOOD) listing in the near future is the key driver that many investors are watching. After all, Robinhood just announced the list of various meme tokens that have been expected for some time. With Apecoin’s meme status and intense following, these expectations seem realistic.
That said, this token also remains speculative, even for the crypto world. With that in mind, let’s take a look at where experts see the EPA heading from here.
ApeCoin Price Predictions
For context, APE is currently trading at $12.70 per token at the time of writing.
- Wallet Investor provides one-year and five-year price predictions of $13.43 and $22.14, respectively, for APE.
- Similarly, Gov Capital suggests that APE could reach $17.72 in one year and $79.01 in five years.
- Finally, DigitalCoinPrice predicts that APE could average $18.47 in 2023 and $29.89 in 2027.
As of the date of publication, Chris MacDonald had (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com publishing guidelines.