- ApeCoin broke out of the resistance pattern line and was up 27% at the time of writing
- The cryptocurrency ranks 33rd by market cap
Due to whale investors buying it up, ApeCoin broke out of the resistance pattern line and was up 27% at the time of writing. The cryptocurrency ranks 33rd by market cap and is trading for $16.26.
If you want to know what ApeCoin is, can it give you good returns, and the top places to buy ApeCoin, you’ve come to the right place. Also, if you would like to learn more, you can read our guide on how to buy ApeCoin
Best places to buy ApeCoin
What is ApeCoin?
ApeCoin is the APE Ecosystem’s governance token, allowing token holders to participate in ApeCoin DAO and giving its participants a shared and open currency that can be used without centralized intermediaries.
62% of all ApeCoin was allocated to the Ecosystem Fund, which will support community-driven initiatives as voted on by ApeCoin DAO members.
ApeCoin also gives access to certain parts of the Ecosystem that are otherwise unavailable, like exclusive games and services. For third-party developers, ApeCoin is a tool to participate in the ecosystem by incorporating ApeCoin into services, games, and other projects.
Should I buy ApeCoin today?
ApeCoin can be a profitable investment, but before making a commitment, take the time to read at least several price predictions from leading analysts and do market research. All investment advice should be taken with a grain of salt.
ApeCoin price prediction
Analytics Insight predicts ApeCoin could increase to the all-time high of $430 in 2025. The less bullish outlook is for the minimum price of $315.
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