ApeCoin broke out of the resistance pattern line as whales bought it up, adding around 32% to its value today. It also announced a free NFT giveaway. The crypto was trading for $16.47 at the time of writing.
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.
Top places to buy ApeCoin now
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 lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.
ApeCoin price prediction
Changelly predicts a moderately bullish and variable price trajectory. In 2023, they expect the ApeCoin price to stay at an average of $55. In 2024, it will drop down to $45. Its average will be $60 the following year.
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