APE COIN is at $12.5, it's the weekend and the stock markets are a little nervous. I'm reading forecasts above $40 for the APE coin. How well this should be discussed.
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
The purpose of creating Ape was to create hype around it and profit nothing more and nothing less. Ape is also a memecoins so if anyone has the opportunity to own it at a cheap price, they should sell it as soon as there are signs of hype.
It's like doge and shiba it's just a joke with no utility so there's no reason to consider it a long term investment.
we should focus on top projects that will be good in the long run instead of looking for hype around shitcoins.