The price of ApeCoin has been rising steadily as voting on its DAO governance goes on. Voting will conclude on May 4.
Will ApeCoin’s price continue to increase until then? This article attempts to answer this and many other pertinent questions, including where to buy ApeCoin.
Top places to buy ApeCoin now
What is ApeCoin?
ApeCoin is a utility and ERC-20 governance token used within the APE Ecosystem to empower and incentivize a decentralized community. ApeCoin holders are self-governed via the decentralized governance framework controlling the ApeCoin DAO.
They vote on how to allocate the ApeCoin DAO Ecosystem Fund among other things. The APE Foundation administers proposals agreed upon by ApeCoin holders.
APE is the APE Ecosystem’s governance token. It allows holders to take part in ApeCoin DAO and gives participants an open and shared currency they can use without centralized middlemen.
Almost two-thirds of all ApeCoin was allocated to the Ecosystem Fund to facilitate community-driven initiatives as voted on by DAO members.
Should I buy ApeCoin today?
ApeCoin can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.
ApeCoin price prediction
At the time of writing, APE was trading for just under $23. According to Crowd Wisdom, the outlook is positive (to an estimated 72%).
APE is expected to reach at least $30 this year, and more than double that – $64 – in 2025.
ApeCoin on social media
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— CryptoGPT 🇵🇸💔 (@apecoinwhales) April 28, 2022