Apoin has the potential to be a top Cryptocurrency should you buy apoin this Crypto bow Market welcome back to 99b YouTube channel I am your host Umar Khan And today we're taking a look at a very Popular cryptocurrency ape now ape token Might not be the most popular coin it Still is in the top 100 on coin Mark cap However its counterpart part the board Ape nft collection has been absolutely One of the most popular nfts in the Marketplace by far now nft era is kind Of behind us right now imagine nfts are Going to come back and when they do come Back we imagine this token to go Absolutely berserk let's go ahead and Take a look at what's going on with ape Token starting off on coin Mark cap we Can see AP token currently trading at $124 when we go to the alltime guys we See just when it released it pumped Around $25 I think it was uh $23.65 with a 5.57 billion 24hour volume now this is Absolutely massive and we see this very Typical with pre-sell tokens it goes on Pre-sale or goes live brand new coin Pumped like crazy dumped and then we Entered a bare market and it hasn't Received a single pump at all during the Past couple weeks which we are Indicating that we entered a bull market However this token has not out of Pumped
That's why I think it's super Undervalued and could potentially be a Great time to load up a bag it currently Has a $749 million Mark cap making it top 100 Cryptocurrency across the board and That's with active 10,000 coins listed With $45 million 24-hour volume there's Definitely something there we see the Community is absolutely bullish on this And again why wouldn't you be if you Don't remember Bard yach club uh these Monkeys surely these monkeys rink aell To you uh were literally the one of the Most popular nfts uh in the marketplace And I believe they still are owned by Celebrities athletes every notable Figure wanted to buy these apes and They're turning into their profile Pictures now these Apes floor pies are Sitting at at 15 eth which is roughly $43,000 per nft and this is with Ethereum down like below $3,000 which is Kind of crashing today down 3% as you Can see on the chart uh which is Interesting to say the least so these These These enm are basically minimum Going for $45,000 um which is absolutely insane And that's on a low end on the high end Some of these are listed for berserk Prices $500 eat 16600 e 1,000 e and Obviously there's some ultra rare nfts Which is absolutely insane now someone
Who can't afford a $45,000 nft monkey Could still get into the ecosystem by Buying their other tokens like they had The kennels they had the Apes which are A bit cheaper but ape coin basically Allows the board ape Community to extend Because you could own a couple ape and Be a part of the community now you might Not get the same perks and features as Owning one of the Apes but you still get To be a bag holder in this right again Uh board ape Yacht Club's very very Massive project but the AP coin is it's It's on its own thing we can see the the Governance protocol discussion delegate Treasury dashboards buy and sell and Then the marketpl clean website and a Simple website too we have the ape um For the logo and even social media Obviously strong Community as this is Like a social token we can see gardening A following of almost 400,000 followers Again pretty bullish and again this is Not our typical meme token it's it's at Its core at its essent it's a utility Token we see massive F1 sponsors as well It has a potential to be a top Cryptocurrency now when we look at the Technicals guys we can see alls are Indicating buy but the moving averages Are indicating a very strong sell so Summary is giving us a sell this could Potentially be a great opportunity to Enter so we get some massive gains we
Can see even ethereum's dump in we can See ape at less than less than a125 Which is absolutely insane if it Continues to go in this downtrend we Could probably load up a solid bag and Reap Some solid rewards we're talking About an easy 20 to 40x by simply buying And holding this token and again none of This is financial advice but I would say Bard ape token or ape coin is more on The Blue Chip side of things where it's Probably not going to fluctuate as crazy I'd imagine the bottom is not going to Go anything less than a120 a15 at the Absolute bottom but the upside could Potentially be 20 $ $25 maybe even $40 At a peak of the nft bll market even Forbes put a board ape token at number Seven for the top seven metaverse tokens We can see uh Bard if yach Club Market Of 661 million AP is not only one of the Biggest metaverse coins in the Marketplace but also one of the newest Is designed to power the growing Ecosystem around the popular board apat Club which again it's massive right Bard Apat Club is one of the most successful Nft art collections the lowest price for Board ape is a w it estimated to be Around $100,000 but we did the math Sorry it's around $45,000 a sister nft Collection mune Apes carries an $18,000 Price take as its floor as qu Geo data Shows again could be a bit lower so um
To harness the power of the popularity Of these pricey Apes ape was aird Dropped to every holder aboard ape or Mun apes and nft in March 2022 the the Goal behind ape is for voting and Governance issues for transacting with The ape metaverse again very very Bullish for this project ahead and again We pass we far pass the meme space token It's really a utility and governance Token at this place however there could Still be some Mass opportunities for People to enter in before we enter a Massive nft Market let me know how you Guys are feeling about the board ape Nfts in the comment section below and How do you feel about apoin I want to Know all your thoughts opinions concerns Comments in the comment section below Like always is not Financial advice Always your own research and du Diligence before investing any money in The projects we cover on this channel Until next time it's your boy Omar peace [Music]