The short-term increase of APE COIN's price is certainly good news for early investors. But I wouldn't count on it as a serious long-term investment simply because the coin's been designed as a joke. This is nothing more than a Dogecoin 2.0 or Shiba Inu 2.0. People just pour money like crazy into APE with the hopes of getting rich quick. But that's not the way crypto works. Only those projects that bring real use cases to world (and aren't driven by hype) will last a lifetime.
We should move on to truly innovative projects that will retain their value over time. Who knows how long APE COIN will be with us? Just my thoughts
Unfortunately people do not understand that at all. In fact, doge and shiba should have been staying lower than where they are right now as well, they do not deserve where they are. You can ask the very creator of doge and he will tell you that he developed it in 2 hours as a joke as well and people still buy it and think it is a good investment.We should move on to truly innovative projects that will retain their value over time. Who knows how long APE COIN will be with us? Just my thoughts
Shiba is opportunist few people getting together to use the name of the doge meme dog type, which is a shiba, and then they are hoping that it would do well enough. This is why they are useless and worthless, doge, shiba, ape, floki all of them are horrible and for some reason people do not realize that.