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 Experts Predict Apecoin’s Future Value
This week, finder.com released a new prediction report that surveyed 36 financial technology (fintech) specialists to predict the future price of apecoin (APE). The digital currency has been making waves lately and propelled itself to the 25th largest market capitalization position as of April 28. Additionally, APE hit an ATH on Thursday, skyrocketing to $26.70 per APE. However, APE has lost around 15% since the high price.
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.
Fintech lecturer at Swinburne University of Technology, Dimitrios Salampasis, is very optimistic about APE and thinks it could reach $45 by the end of the year. However, Salampasis believes APE will only be worth $10 by 2030. “The current NFT hype is impacting the price of apecoin,” Salampasis said. “I am of the opinion that all these overhyped crypto assets will gradually fade away and lose their value because their potential for utility is insignificant.”
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 exec believes the current value of APE is based on the hype and he believes that by 2030 apecoin will be worth zero. “It seems like an obvious play on the currently hot themes of DAO, Web3 and BAYC/Degen,” Harry explained in the report. “I’ve seen a thousand iterations of hypecoins designed to bring new retail capital into the space and not deliver.” While 75% of the panel think the APE is just “another memecoin”, 20% think the APE has a future and 5% of the panelists said they were “not sure” about it. corner.
