APENFT Price Prediction 2022-2030: Will NFT Price Hit $0.0000081344 Soon?

• APENFT (NFT) price prediction ranges from $0.0000007017 to $0.0000081344.
• Analysis suggests that the NFT price might reach above $0.0000081344 soon.
• The NFT bearish market price prediction for 2022 is $0.0000004349.

There are other digital currencies besides Bitcoin (BTC) and Ethereum (ETH) that people who want to diversify their portfolios and learn more about cryptocurrencies should consider. APENFT (NFT) is one of them.

With the TRON and Ethereum Layer-1 protocols and BTFS distributed storage, the APENFT Marketplace provides a multichain metaverse GameFi and NFT trading platform. A user can browse NFT collections, make purchases and sales, as well as add titles and descriptions to their uploaded artworks.

If you are interested in the future of NFT and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030 – keep reading!

What is APENFT (NFT)?

With the TRON and Ethereum Layer-1 protocols and BTFS distributed storage, the APENFT Marketplace provides a multichain metaverse GameFi and NFT trading platform. Users can browse NFT collections, make purchases and sales, and add titles and descriptions to their uploaded artworks. NFT is the official governance token for the APENFT ecosystem, and it is a decentralized digital asset backed by ERC-20/TRC-20 protocols.

Both BTFS and the underlying technology of Ethereum and TRON, two of the most prominent blockchains, back APENFT. The project’s ultimate goal is to create one-of-a-kind ERC-721/TRC-721 coins based on registered NFTs representing works of art of the highest caliber.

NFT tokens are stored in ERC-20 or TRC-20 smart contracts, and the rights and interests in the underlying artworks belong to the NFT token holders. The BTFS infrastructure indefinitely holds artwork and metadata corresponding to ERC-721/TRC-721 tokens.

The mission of APENFT is to create a network of blockchain nodes consisting of artworks, artists, the community, and a panel of experts to realize features and solve pressing problems (such as centralized valuation, illiquidity, and counterfeits) plaguing the present art market.

With the help of APENFT, artists and their works can be converted on-chain with a simple mouse click, giving previously unappreciated works of art a fresh lease on life.

APENFT’s mission extends beyond simply registering works as NFTs on the blockchain to assisting artists and related organizations. Using data gleaned from in-depth analyses of policy documents and market reports, APENFT employs a vast team of industry watchers and leaders.

Only one token, APENFT, has been issued by APENFT; it is a decentralized digital currency built on the ERC-20/TRC-20 protocol and serves as the Proof of Stake for the APENFT foundation (PoS). As the official APENFT governance token, it can validate claims and access the APENFT network.

Users who hold NFTs have access to voting rights, profit distribution, and airdrops. Huobi, Kucoin, Uniswap, and Pancakeswap are just some of the CEX and DEXs where you may buy and sell the token. At the end of 2020, the total market value of NFT had risen to $250 million. March 2021 saw sales of $220 million. In the next decade, 50 of the top 100 artists and pieces of art will be registered as NFTs.

APENFT (NFT) Current Market Status

APENFT (NFT) is trading at $0.0000006418, with a total market capitalization of $177,607,828.08 at press time. APENFT’s market capitalization places it in position 155 on CoinMarketCap. In addition, the price has increased by 0.14 percent in the past 24 hours. The 24-hour trading volume of APENFT has decreased by 2.24 percent to $36,839,612.69.

APENFT can be traded on major cryptocurrency exchanges, including Huobi Global, KuCoin, Poloniex, Bitfinex, Bithumb, and PancakeSwap. 

APENFT (NFT) Price Analysis 2022

Will APENFT’s (NFT) most recent improvements, additions, and modifications help the NFT price rise? First, let’s focus on the charts in this article’s NFT price forecast.

APENFT (NFT) Price Analysis – Keltner Channel

The Keltner Channel can be used to identify a trend when the asset’s price is plotted between two volatility bands. APENFT (NFT) price may be predicted using Keltner Channel indications for NFT/USDT. APENFT is in the channel’s first half, meaning more people are loading NFT. Waiting for a few retrace candlesticks can increase the reward-to-risk ratio and provide investors with a better risk-free situation.

APENFT (NFT) Price Analysis – Relative Strength Index

The value of the 1-day chart is 63.37. According to the RSI indicator, a reading above 50 indicates that more sellers buy NFT than sell it. After reaching the RSI level of 85.93, the overbought zone, the price had a pullback and is currently trading at $0.0000006405. But investors should look at a few confirmation candlesticks and patterns before investing or making a trade, which will give them a better risk-to-reward ratio. 

APENFT (NFT) Price Analysis – Moving Average

A 1-day APENFT (NFT), 200-day, and 50-day Moving Averages (MAs) chart is displayed above. The chart above demonstrates that NFT trades above the 50-day MA but hasn’t crossed above the 200-day MA. 

However, NFT is trying to rise above the 200-day moving average at the time of writing. If that happens, we can see bullish movement for NFT. Moreover, if the 50-day MA of NFT is able to cross over the 200-day MA, we can expect NFT will have a huge rise in the near future. Investors might improve their risk-to-reward by waiting for a few confirmation candles and patterns before making a trade.

APENFT (NFT) Price Prediction 2022

The daily chart of NFT/USDT shows that NFT is trading inside a channel. There are two possible scenarios for NFT to reach. First, if NFT bulls get enough momentum, they will break out of their current resistance and move higher. Another possibility is that if NFT drops and breaks the support zone, NFT may reach $0.0000004349. Therefore, APENFT (NFT) price prediction for 2022 is still bullish. 

APENFT (NFT) Price Prediction – Resistance and Support Levels 

Looking at the APENFT 1-Day chart, APENFT’s price has decreased over the past months. Moreover, APENFT fluctuated between $0.0000005209 and $0.0000006669 within the previous 30 days. However, NFT has had a price increase of 1.07% within 24 hours. If APENFT tends to fall deep, APENFT might reach the last level of support of $0.0000004349, and breaking that support level might lead to $0.1469. 

NFT might reach the prior resistance level of $0.0000006854 if the bulls can regain their footing in the bearish market and push the price higher.

APENFT (NFT) Price Prediction 2023

There is a chance that APENFT (NFT) ‘s RSI will be above 70 by the end of 2022, indicating a strong bullish trend that should see prices over $0.0000006854 by 2022. So, we should expect the price of NFT to go up by at least $0.0000022347 by the end of 2023.

APENFT (NFT) Price Prediction 2024

The Bitcoin supply will be cut in half by 2024. Consequently, we should anticipate a favorable market trend due to user sentiment and investors’ desire to acquire more of the coin. Due to the impact of Bitcoin’s price swings on the value of other cryptocurrencies, it is reasonable to anticipate that NFT will be worth at least $0.0000032792 by 2024.

APENFT (NFT) Price Prediction 2025

If most cryptocurrencies can overcome psychological barriers in the aftermath of Bitcoin’s price halving in 2024, we can expect NFT to trade at a premium to its 2024 pricing. As a result, NFT may be worth roughly $0.0000042248 by the end of 2025.

APENFT (NFT) Price Prediction 2026

As more and more institutional investors flock to the NFT platform, the cryptocurrency price will likely fall after a prolonged bull run ends in 2026. It would be a significant reversal of the trend, suggesting that the price of NFT may reach $0.0000050716 by 2026, even though the coin has generally depreciated during the same period. 

APENFT (NFT) Price Prediction 2027

The halving of Bitcoin in 2028 will likely trigger a bull market. As a result, if investors remain hopeful, the price of NFT may continue to rise and may even breach previously established hurdles. APENFT (NFT) may be worth $0.0000062854.

APENFT (NFT) Price Prediction 2028

Bitcoin will be halved in 2028. A bullish run is anticipated before the market settles down in 2027. As a result, NFT’s potential ATH value of $0.0000081344 by 2027’s end is still being determined.

APENFT (NFT) Price Prediction 2029

By 2029, the majority of cryptocurrency values may have been stable for nearly a decade, owing to the application of lessons learned to secure the sustained faith of investors in the project. Because of this effect and the additional price increase that occurs a year after Bitcoin’s price halves, the price of NFT might reach $0.0000098864 by 2029.

APENFT (NFT) Price Prediction 2030

The cryptocurrency market was stable because early investors held on to their assets so they would take advantage of future price gains. By the end of 2030, the price of APENFT (NFT) could be around $0.0000109474, despite the bearish market that followed a market boom in the early years.

APENFT (NFT) Price Prediction 2040

According to our long-term APENFT price estimate, APENFT prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $0.0000319009 by 2040. If the market becomes bullish, the price of APENFT may increase beyond our 2040 forecast.

APENFT (NFT) Price Prediction 2050

According to our APENFT forecast, the average price of APENFT in 2050 might be above $0.0000529385. If more investors are drawn to APENFT between these years, the price of APENFT in 2050 could be far higher than our projection.

Conclusion

NFT might reach $0.0000006854 in 2022 and $0.0000109474 by 2030 if investors decide that NFT is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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