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ApeCoin (APE) price prediction

ApeCoin (APE) to be worth $27 by the end of 2022, according to a panel surveyed by Finder.

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ApeCoin (APE) is expected to increase in value in 2022, jumping from its current price of roughly $20 to $27 by the end of 2022, according to Finder's panel of industry specialists.

While the panel thinks APE will end 2022 with a bang, they do expect its value to dip in 2025 to be worth $25, before rising and hitting $35 by the end of 2030.

Co-founder of Finder Fred Schebesta comes in with a prediction of $20 for the close of 2022, which is a little below the panel's average. However, he does expect big things going forward, expecting it to hit the $50 mark by the end of 2025 and $100 to close out 2030.

"I think the founders of APE have high intentions to put APE to use. Probably not to buy land (as expected), but other things like buying merch when owning an ape is what it will be used for."

Technologist and futurist at Thomson Reuters Joseph Raczynski is also bullish on the token's future prospects:

"APE — could be absolutely humongous. Yuga Labs are the blue-chip of NFTs, now that they purchased CryptoPunks. Their ecosystem, using APE has the potential to be a game-changer for the Metaverse. They are all about community and this one is doing all the right things at the moment."

Senior lecturer at the University of Canberra John Hawkins sits on the other side of the fence and believes that APE is all hype and doesn't expect it to be worth anything come 2030.

"This is an even clearer case of a speculative bubble than Bitcoin and Ether. It does not even pretend to have any use."

Is APE just another memecoin?

Just a fifth (20%) of the panel see APE as having any utility in the future, with the vast majority viewing (75%) the token as just another memecoin.

Is now the time to buy, sell or hodl APE?

With 75% of the panel viewing APE as just another memecoin, it'll probably come as little shock that half the panel (50%) says that now is the time to sell your APE. A further 33% say to hold onto what you've got, while just 17% think now is the time to load up on ApeCoin.

Can crypto challenge traditional banks?

With crypto increasingly breaking into the mainstream, our panel highlighted a range of areas where crypto has the most potential to challenge traditional banks. And the good news for consumers is that the panel thinks crypto will provide better returns than traditional banks (69%), with staking being more advantageous than accruing interest.

The panel also thinks that crypto has the opportunity to beat out traditional banks for remittances (63%) and democratise banking by providing equitable access to the unbanked population (57%).

Crypto Russian sanctions

The panel overwhelmingly (71%) believes that people will use crypto as a way of skirting sanctions against Russia, with just 17% thinking this will not happen.

Which will be the top-performing coins in 2022?

We asked our panel to rank their top 5 coins for 2022. It turns out that our panel thinks that Ethereum will be the top-performing coin in 2022, with 87% having ETH somewhere in their top 5.

Other popular coins in the panellists' top 5 included Bitcoin (71%), Solana (55%), Avalanche (31%) and Terra (30%).

Meet the panel

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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