What is Apecoin?
Most of you already heard about NFT space, which currently most popular thing in crypto market. In recent days we see huge growth NFT trading volume and in that Bored Ape is plays major role. As of writing Bored Ape is biggest NFT project which is currently most popular among NFT community. Recently many big stars like Eminem, Justin Bieber, Snopp Dogg and many more has purchased Bored at higher prices. Bored Ape was launched back in April 2021 with 10,000 unique arts and each & every ape have different identity and rarity.
Apecoin is nothing but governance token for Bored Ape Yacht Club in that 15% of total supply will be distributed among NFT holder, that include Mutant Bored Ape and normal original Bored Ape. User received over 10,000 Apecoin for just holding NFT with freedom of either or hold or sell as per their choice. However, instead of direct Airdrop Bored Team decided to go with claim token option means if you holding NFT just go to official portal and claim your airdrop.
Bored Ape early investor has minted or initially purchased NFTs for 0.04 ETH, which is less than 100$ in value. As of writing, Floor price already cross 100 ETH and with rise of interest from millionaire and celebrity it continue rise as more utility announced in future. Team has also makes official announcement of creating Metaverse and for that land sale also taking place in coming months.
Apecoin Price Prediction
|Month & Year||APE Price Prediction|
|Project name||Bored Ape Yacht Club|
|Total Supply||1 Billlion|
|Launched year||April 2021|
|Exchange||Biannce, Coinbase, FTX|
Apecoin Price Analysis
Apecoin also launched on Ethereum network following its project base network, as it follow ERC20 token standard and it will be available for trading on Uniswap considering decentralized network. However, due to huge volume Apecoin gets immediate listing Binance, Coinbase, Gate, Huobi and other top centralized exchange. According CoinMarketCap, Apecoin hits all time high crossing $20 and later it dipped under $6 USD. However, in last 12 hours Apecoin able to surge by 150% after reached $17 USD in price. Team already announces utility of token and with strong roadmap we could see huge surge in Apecoin price.
is Apecoin Worth investment?
consider team and roadmap of project, currently it worth either buying or holding.
Will Apecoin Reach $100?
hard to say but if it able maintain current hype and development growth in coming year it can reach upto $100.
Bored APE is one the NFT project that launched in developmental era and has less hype about concept. So, being pioneer in NFT project this project already gained huge attention from investor and so does Bitcoin and other crypto whales also invested in the project. Recently, Universal music also purchased token and many more expected to join in future. Within few hour of launch project already enter into top 100 crypto project by volume and expected to hold ranking under 100. However, volume has recorded in billion dollar and expected most of whale will hold token until metaverse news. People who holding more than 4 Bored Ape already received million dollar worth airdrop and its NFTs still worth way above that airdrop price. So, they will not consider it selling, so with recent series of airdrop from opensea, looksrare and many other upcoming airdrop NFT buyer already earned millions consider huge volume.
However, before buying NFT you need to do proper research, as recent days NFT volume sees huge drop and potentially it could continue till end of July or even after June 2022. However, we can expect another in NFT space, as more investor and people outside crypto community also joined this space.