ApeCoin Profile

APE
 Crypto
  

USD 7.25  0.32  4.23%   

Market Performance
6 of 100
Odds Of Distress
Less than 28
ApeCoin is trading at 7.25 as of the 8th of August 2022, a -4.23 percent decrease since the beginning of the trading day. ApeCoin has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Cryptocurrency ratings for ApeCoin are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of August 2020 and ending today, the 8th of August 2022. Click here to learn more.
ApeCoin is peer-to-peer digital currency powered by the Blockchain technology. ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower decentralized community building at the forefront of web3.The APE Foundation is the steward of ApeCoin. More on ApeCoin

Moving together with ApeCoin

0.87XRPXRPPairCorr
0.88SOLSolanaPairCorr
ApeCoin is an internet market maker for p-2-p internet money called Cryptocurrency. ApeCoin has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as ApeCoin are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as ApeCoin are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

ApeCoin Crypto Coin Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. ApeCoin's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ApeCoin or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ApeCoin is way too risky over 90 days horizon
ApeCoin appears to be risky and price may revert if volatility continues
Latest headline from www.washingtonpost.com: Nomad offers 10 percent bounty in 190 million cryptocurrency hack - The Washington Post
Exchanges
Binance Bitstamp Coinbase Kraken Bitfinex Bitso Gemini Bibox BitMart CoinEx DigiFinex HitBTC Kucoin LBank Liquid P2PB2B Poloniex ZB ZBG Bitkub
AlgorithmN/A
Coin TypeApeCoin
Proof TypeN/A
TechnologyBlockchain
Total Coins Mined1,000 Million
Maximum Supply(1.0)
Launch Date2022-03-17
Websitehttps://apecoin.com/
ApeCoin (APE) is traded on CRYPTO Exchange. ApeCoin is peer-to-peer digital currency powered by the Blockchain technology. ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower decentralized community building at the forefront of web3.The APE Foundation is the steward of ApeCoin. It is the base layer on which ApeCoin holders in the ApeCoin DAO can build.The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO, and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality.The goal of the APE Foundation is to steward the growth and development of the APE ecosystem in a fair and inclusive way

ApeCoin Target Price Odds Analysis

What are ApeCoin's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ApeCoin jumping above the current price in 90 days from now is about 22.34%. The ApeCoin probability density function shows the probability of ApeCoin crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ApeCoin has a beta of 0.3017. This suggests as returns on the market go up, ApeCoin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ApeCoin will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ApeCoin is significantly underperforming DOW.
  Odds Below 7.25HorizonTargetOdds Above 7.25
77.59%90 days
 7.25 
22.34%
Based on a normal probability distribution, the odds of ApeCoin to move above the current price in 90 days from now is about 22.34 (This ApeCoin probability density function shows the probability of ApeCoin Crypto Coin to fall within a particular range of prices over 90 days) .
ApeCoin is peer-to-peer digital currency powered by the Blockchain technology. ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower decentralized community building at the forefront of web3.The APE Foundation is the steward of ApeCoin. It is the base layer on which ApeCoin holders in the ApeCoin DAO can build.The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO, and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO communitys ideas have the support they need to become a reality.The goal of the APE Foundation is to steward the growth and development of the APE ecosystem in a fair and inclusive way

ApeCoin Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ApeCoin market risk premium is the additional return an investor will receive from holding ApeCoin long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ApeCoin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ApeCoin's alpha and beta are two of the key measurements used to evaluate ApeCoin's performance over the market, the standard measures of volatility play an important role as well.

ApeCoin Technical Analysis

Transformation
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ApeCoin Against Markets

Picking the right benchmark for ApeCoin crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ApeCoin crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ApeCoin is critical whether you are bullish or bearish towards ApeCoin at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in ApeCoin without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to invest in ApeCoin

You need to understand the risk of getting into digital currencies such as APE before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in ApeCoin in four ways:

Buy APE through an exchange

Get yourself a crypto wallet before embarking on your ApeCoin journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase ApeCoin. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of ApeCoin through an exchange

You don't have to buy a full token when starting out since APE is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade ApeCoin through a broker

If you don't want to store your ApeCoin Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in APE through an exchange-traded fund (ETF)

You can also invest in APE through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having ApeCoin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Please continue to Trending Equities. Note that the ApeCoin information on this page should be used as a complementary analysis to other ApeCoin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for ApeCoin Crypto Coin

When running ApeCoin price analysis, check to measure ApeCoin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ApeCoin is operating at the current time. Most of ApeCoin's value examination focuses on studying past and present price action to predict the probability of ApeCoin's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ApeCoin's price. Additionally, you may evaluate how the addition of ApeCoin to your portfolios can decrease your overall portfolio volatility.
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