In an era when meme coins are dominating the crypto market, we have a new contender: Apu Apustaja (APU). The Apu Apustaja coin surged by 6.14% in the last 24 hours. After suffering from a bearish trend of 14.63% for the past week, the coin is returning stronger than ever.
The Apu Apustaja is a pepe-variant meme coin that represents a much younger and kinder version of the famous Pepe, the frog meme character. Since its launch in March, the coin has showcased a tremendous rally in the market, with many gaining high profits from it. Here, we are going to delve deeper into the coin’s current market standing and the future outlook of the famous meme coin.
APU’s Current Market Standing
Ranked #223 by CoinMarketCap, the coin is currently trading at $0.0007206. It was initially launched on 20th of the March this year, with an initial price of $0.00006681. From there, it was pure uproar for the coin. It showcased a tremendous rally, that is still continuing till now.
Even though there were several dips along the way, the coin has overcome all that and has still managed to gain profit for its holders. For a normal coin, this may not be much, but for a meme coin like APU, this is huge.
With a 24-hour trading volume of $10.54 million, the coin is already taking huge strides in the market. The coin’s current market capitalization stands at $230.87 at a circulating supply of 320.39 billion. With the coin’s relentless bull run still on the roll and showcasing a monthly increase rate of 94.92%, it is expected that the coin’s price will keep on increasing further in the days to come.
Factors Affecting The Price Drive Of The APU Meme Coin
There are various factors that can affect the price of a coin in the market. One of the 2 main things is supply and demand. But APU is a meme coin. So, we also have to take into account the popularity of the coin in the market. Let’s take a peek into some of these factors.
- Market sentimentality: This is one of the key factors that can affect the price of the APU coin. As negative sentimentality increases in the market, the coin’s price can go down rapidly, and vice versa.
- Influencers: Social media influencers play a huge role in deciding a coin’s price in the market. If you’re a big-time social media influencer, you can even manipulate the market trends to a favor. This is not advisable and can even result in you losing your credibility.
- Governments: As various governments introduce various restrictions on the market, they can have a huge negative impact on the price drive of a coin, especially a meme-based one.
- Competition: The competition in the meme coin market is also a key factor that decides the value of a coin. As the coin’s competition increases, its value can diminish over time.
Apart from these, there are also factors like liquidity and geopolitical tensions that have the potential to seriously impact the price of a coin.
APU Price Prediction: What comes next for the famous meme coin
As a meme coin on a rally, APU is one of the top trending coins in the market. With the way, this is going many people are widely considering investing in it. So, with the help of numerous tier 1 analysts in the market, we have prepared a detailed price prediction table for the coin. Kindly refer to it.
Year | Minimum Price | Average Price | Maximum Price |
---|---|---|---|
2024 | $ 0.000694 | $ 0.000349 | $ 003312 |
2025 | $ 0.001189 | $ 0.001822 | $ 0.002818 |
2026 | $ 0.000578 | $ 0.000978 | $ 0.001522 |
2027 | $ 0.000634 | $ 0.000791 | $ 0.001308 |
2028 | $ 0.001094 | $ 0.001463 | $ 0.00223 |
2029 | $ 0.001864 | $ 0.002815 | $ 0.004502 |
2030 | $ 0.001785 | $ 0.002211 | $ 0.002626 |
Keep in mind that the above-given price is susceptible to changes in market trends and can vary accordingly.
Is the APU coin a good buy?
The APU is one of the top-trending meme coins in the market. With a monthly growth rate of nearly 100%, the coin has already established its place in the market. Even though the coin started showing symptoms of a bearish trend last week, it came back stronger than ever. Now, the major question that comes to mind for almost every investor in mind is how long this rally will last.
As the APU is a meme coin, there is no sure way to know how long its rally is going to last. The meme coins are the most volatile of all the coins in the market. They can gain you a huge profit as well as make you suffer from an insufferable loss. The APU is such a coin and is considered a high-risk high-gain investment.
So, if you’re considering investing in the coin based on its performance and the price prediction table, be extremely careful. It is also an added benefit to conduct thorough research about the market trends as well as the coin’s standing on social media platforms.
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