Finder Experts Predict Apecoin Will Expire In 2022 At $27 Per Token, 75% Think APE Is Just Another ‘Memecoin’ – Markets & Prices Bitcoin News

On April 28, 2022, the crypto-asset apecoin reached an all-time high (ATH) at $26.70 per unit, and the digital currency was ranked 25th by market capitalization out of 13,371 cryptocurrencies. On the same day, product comparison platform Finder published its forecast report covering Apecoin market performance and the Finder panel members surveyed expected to end the year at $27 per unit.

Researcher experts predict the future value of Apecoin

This week finder.com published a new forecast report involving 36 financial technology (fintech) professionals in order to forecast the future price of apecoin (APE). The digital currency has been making waves lately and has propelled itself to the 25th place by market capitalization as of April 28. Moreover, APE reached ATH on Thursday, jumping to $26.70 per APE. However, APE has fallen about 15% since the price hike.

Finder experts predict Apecoin will expire in 2022 at $27 per token, 75% believe APE is just another 'memecoin'
APE/USD chart on Friday, April 29, 2022.

Finder’s survey expects APE to reach $27.70 per coin by the end of 2022, and by the end of 2025, APE will be $25. 50% of the panel said it was time to sell APE, 33% of 36 fintech professionals insist that people should hold apecoin, and 17% say people should buy. Three-quarters of all committee members believe that apecoin (APE) is just another meme currency asset like DOGE or SHIB.

Fintech lecturer at Swinburne University of Technology, Demetrius Salambasis, is very optimistic about the APE and believes it could reach $45 by the end of the year. Although Salambasis believes that the value of the APE will be only $10 by 2030. “The current noise of NFTs is affecting the price of Apecoin,” Salambasis said. “My view is that all these overvalued crypto assets will gradually disappear and lose value because their potential for utility is negligible.”

Digitalx Executive believes Apecoin will be zero by 2030

Another person optimistic about the price of APE is Thomson Reuters technologist and futurist Joseph Raczynski because he believes that APE could reach $100 by 2030. Finder.com co-founder Fred Shabesta also believes that APE could reach $100 by year 2030, but his forecast for 2022 was below the plate average. Schebesta said he expects apecoin to end the year at $20 per unit. One negative view came from Matthew Harry, head of funds at Digitalx Asset Management.

The CEO of Digitalx believes that the current value of APE is based on hype and believes that by 2030, the value of Apecoin will be zero. “It does appear to be an obvious theatrical take on the topics currently being discussed in DAOs, Web3, and BAYC/Degen,” Harry explained in the report. “I have seen thousands of iterations of virtual currencies designed to bring new retail capital into space, not delivery.” While 75% of panelists think APE is just “another memecoin,” 20% think APE has a future and 5% of panelists say they are “not sure” about apecoin.

Tags in this story

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What do you think of Finder’s prediction report covering the future value of Apecoin? Do you think apecoin is just another memecoin? Tell us what you think about it in the comments section below.

Jimmy Redman

Jamie Redman is the head of news at Bitcoin.com News and a technology financial journalist based 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.




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