Since its launch in March 2022, ApeCoin has made waves with both crypto enthusiasts and the mainstream audience. The coin’s value has soared to new heights, rivaling Bitcoin (BTC) and Ethereum (ETH).
Cryptocurrency analysts have been quick to predict that this altcoin will be the next big thing in the crypto world. So how did this happen? Here are 5 reasons why ApeCoin will soon be the coin of choice among crypto users around the world.
Enormous support
The people behind ApeCoin have partnered with some of today’s most popular brands and influencers to support their ecosystem. From online gaming platforms to movie studios, it’s clear that APE is here to stay.
Investors can rest assured knowing that big names like Microsoft, Coca-Cola, Starbucks, and even NASA are on board with APE. There isn’t a crypto project out there that has more support from real-world businesses than APE. It wouldn’t be surprising if they already had a few games in development by launch day. Watch out for them.
The utility of ApeCoins
ERC-20 tokens are not a viable currency. They don’t have monetary value by themselves. They are a tool or a means to an end, and that end is usually to pay for something within another ecosystem.
With APE, you will be able to buy your favorite games, pay for exclusive merchandise, and access premium content through our platform. You can buy drinks at an ape cafe and have fun with your friends while staking.
The utility of APE will always keep its value up. It will make it easier for users to convert their APE into fiat money if they wish. This makes APE different from other cryptocurrencies, such as Bitcoin, which has no real use case outside of being a cryptocurrency. But how to buy APE coin? You can buy it on any popular crypto marketplace like Binance or Coinbase.
The purchase of goods and services
As you probably already know, purchasing stuff isn’t just about buying things with your APE tokens. It’s also about getting access to exclusive games, merchandise, events, and services via our game portal, which will be connected to both In-game and Out-of-game currency transactions.
Don’t worry if you don’t own APE-it won’t matter. You can purchase these items using fiat currencies as well as other cryptocurrencies such as Bitcoin or Ethereum. There are many different ways of acquiring APE, and we want to make sure that everyone has a fair chance at joining us on our journey.
We believe that blockchain technology should serve everyone-not, just those who have money to invest or those who are tech-savvy enough to understand it all. That’s why we want to make sure that everyone can enjoy what we have created without having an unfair advantage over others.
Our goal is for everyone around the world to have equal opportunities when it comes to enjoying everything that ApeCoin has to offer.
Opportunity for investors
While it’s true that some cryptocurrencies have skyrocketed and some tokens have seen substantial gains, you may still be wondering if there are additional digital assets with potential for future appreciation.
When researching to determine which token you might want to invest in, take a look at what other investors are saying about a particular coin or token. Make sure that whatever you invest in has strong fundamentals and use cases (more on these below).
The most common way to evaluate a cryptocurrency is by analyzing its market cap-its price multiplied by its circulating supply. If you find an asset with a solid use case and positive buzz surrounding it, see if there’s an opportunity for growth; pick up your piece of pie before everyone else eats all of theirs.
Get involved now.
If you’re still sitting on your hands because of recent market volatility, it’s time to get involved. Yes, prices have fallen steeply since early January. Still, they’ve come back quickly, and they will continue to rise (albeit at a slower pace).
In fact, most analysts predict that growth won’t take too long. Don’t let a few bad days (or weeks) dissuade you from investing; history has proven that if you buy and hold until strong growth returns, then you’ll be way ahead of most traders.
