in

HOW MANY APECOINS (APE) DO YOU NEED TO BECOME A MILLIONAIRE IN 2022?

ApeCoin (APE) has brought over 1,000% returns to early investors in less than a month. In this article, we share the total number of APE coins you need to have in your investment portfolio to become a millionaire by 2022.

The rise of ApeCoin in the crypto finance space in March has prompted the question, how many ApeCoins do you need to become a millionaire in 2022?

Well, that depends on your experience as a trader or investor, and your appetite for risk, as you need to invest in ApeCoin with an eye on the long term to become a millionaire.

If you are extremely optimistic and believe in the possibilities of Yuga Labs’ Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT projects, which can positively transcend APE, you need at least 10,000 ApeCoins to become a millionaire.

Analysts at Price Prediction, Changelly and Coinfomania predict that APE will have a minimum trading price of $100 by the close of 2025. So, at ApeCoin’s price of around $13, you should set aside $130,000 that you can write off as bad debt if APE’s price heads south. With that amount, it can buy 10,000 APE tokens. Once you beat the prediction of analysts on the aforementioned crypto news portals and forecasts, your 10,000 APEs multiplied by $100 equals $1,000,000 ($1 million).

However, if you are not too optimistic about ApeCoin’s fortunes due to the consistent regulatory issues affecting crypto finance, you would have to set aside more money for APE coins.

A price estimate of $100 is not the only analyst prediction. Many analysts think that the ApeCoin ecosystem is just getting started and that the team behind the project will add more products to the decentralised financial space in the future.

As a result, you will need $650,000 that has been set aside for the sole purpose of investing in ApeCoin.

With $650,000, at $13, you can buy 50,000 APE coins.

Analysts at Price Prediction, Digital Coin Price, Crypto Predictions, Coinfomania, Gov. Capital, CoinQuora and Uptobrain project APE to retest $20 in the near term.

Their portfolio comprising 50,000 ApeCoins multiplied by $20 equals $1,000,000 ($1 million).

While either scenario is feasible, due to the impact of BAYC and MAYC in the non-fungible token space, plus the projects that can be added to the ApeCoin ecosystem, the author will go with the $130,000,000 investment.

This is because investing in ApeCoin and cryptocurrencies as a whole is risky. A sum of $130,000 is 20% of $650,000.

After reaching an all-time high price of $39.40 on March 17, 2022, another market rally could take APE through the $50 price milestone, and then $100 will be the next target.

WILL APECOIN (APE) REACH $100 IN 2022?
ApeCoin (APE) could reach $100 in 2022 depending on demand and supply forces.

Before APE became a tradable token in March, some of the largest cryptocurrency exchanges by trading volumes such as eToro, Binance, Coinbase PRO, OKX, FTX, Kraken, Kucoin, Gate.io and Huobi Global announced through their respective portals that they will support Apecoin trading.

This has given APE a lot of mileage that other tokens such as Shiba Inu (SHIB) and Dogecoin (DOGE) could not enjoy since their inception as cryptocurrency trading assets.

This is the main reason why APE continues to see a low of $600 million in daily trading volume.

However, relying on the fundamental and technical analysis of blockchain technology enthusiasts, decentralised finance fanatics and trading gurus, it is highly unlikely that APE will reach $100 by 2022. Let’s examine the experts’ predictions on why APE will continue to trade below $100 in 2022.

Read also: The best places to buy ApeCoin (APE)

According to analysts at Price Prediction, ApeCoin is still trying to find its feet in a market of more than 18,000 coins and could reach an average price of $18.85, a minimum price of $18.16 and a maximum price of $21.75 by the end of the year 2022.

According to experts in the exchange space, ApeCoin could reach a price of $18.06 by the end of 2022.

According to analyst forecasts at Changelly, APE could have a trading price of $50 by the last day of 2022.

According to forecasts from analysts at Changelly, APE could have a trading price of $50 on the last day of 2022.

According to analyst projections at Governor Capital, the new token behind the ApeCoin ecosystem could trade for a regular price of $45.437, the least possible price of $13.12145 and the best possible price of $17.75255 on 31 December 2022.

According to trading gurus at Digital Currency Price, the Ape coin could have an average price of $15.72, a minimum price of $15.02 and the maximum price of $16.99 by the close of 2022.

According to statistics from analysts, gurus and experts, it is not impossible, but it would be difficult for APE to reach the $100 milestone in 2022. This is because at most 35.5% of APE coins, represented by 355 million, could be circulating in the market by the end of 2022.

Reaching the $100 milestone means that ApeCoin will have a market capitalisation of $35.5 billion by the end of 2022.

What this means is that ApeCoin could be more valuable than crypto projects such as Avalanche (AVAX), Polkadot (DOT), Dogecoin (DOGE), Binance USD (BUSD), Terra USD (TUSD), Shiba Inu (SHIB) and Polygon (MATIC).

In the current crypto climate, where thousands of tokens are fighting for the same investors, such valuations can only be reserved for the future.

ApeCoin will first have to retest its all-time high price in March.

Once new milestones are reached before the last quarter of 2022, investors can dream of APE making a bold run for the $100 milestone in the last three months of the year.

Without that, the chance of ApeCoin reaching $100 by the end of 2022 is close to 0%.

CAN APECOIN REACH $50 IN 2022?
ApeCoin could reach $50 in 2022 if it breaks the $40 price milestone before the last three months of 2022.

With the volatile nature of cryptocurrencies, suppose a whale invests millions of dollars in APE over the course of the year, ApeCoin could reach such a price.

The ApeCoin ecosystem is hosted on the Ethereum blockchain.

Since Ethereum is the first blockchain-backed smart contract network, the ApeCoin project can leverage the network’s capabilities and expand its ecosystem.

Several areas APE comes into contact with include, among others, decentralised exchanges (DEX) such as Uniswap and centralised exchanges such as Binance, OKX and eToro.

Apart from this, APE flirts with other decentralised applications (DAPPS) under the banner of lending, performance aggregation and insurance.

In addition, during bearish cycles, investors will trade APE/USDT, APE/BUSD or APE/USDC pairs.

This means that the team behind the token could consider creating stablecoins, adding decentralised exchanges to its ecosystem and creating lending protocols that can give APE more value.

Once this happens, ApeCoin could make a run for $50 and even surpass it to record new all-time high prices.

Among the hundreds of forecasting portals, analysts at Changelly are the only ones who believe APE could have a trading price of $50 by the end of 2022.

CAN APECOIN (APE) REACH $20?
ApeCoin reaching $20 seems to be the most rational possibility in 2022. With this, it would be extremely easy for investors with huge sums of money to burn to become cryptomillionaires.

At $13, APE needs to increase by at least 50% in order to reach $20.

Analysts at Price Prediction and Changelly estimate that the APE coin will reach the $20 mark before the end of 2022.

A 50% price increase seems realistic as ApeCoin has less than six (6) months of trading experience.

Should there be another rally like the one the market experienced in February, March, May and November 2021, there is a strong possibility that ApeCoin will bring incredible returns to token holders.

With an investment capital of $650,000 that could see you make a profit of $350,000 when your investment turns into a million dollars in a matter of months, investing in APE in 2022 is something to consider.

ETORO – THE BEST PLATFORM TO BUY APECOIN
Open an account with eToro, deposit some funds with USD and finally buy ApeCoin from as little as $10.

Virtual currencies are highly volatile. Your capital is at risk.

0 Comments
Inline Feedbacks
View all comments

KADENA PRICE FORECAST 2022-2030

WHAT IS THE NEXT METAVERSE CRYPTOCURRENCY TO EXPLODE IN 2022?