ApeCoin caused massive waves in the crypto community the past 2 days and we all know why. This project should not be looked at as a meme coin. This project has utility and a strong community. This community floor net worth is over 100k so with that being said there's a lot of big money in this project already and personally, I think this can be one of the most volatile coins 2022 will see. coming in at around #34 in the CMC ranking I see this coin being valued more than DOGE and Shiba in the near future. Doge is currently #13 with a MC just under 16 billion and ApeCoin currently has a MC just over 3 billion. If this does go for a run and settles above doge that's a 5x and I think that's a reasonable target for this project.
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This is not financial advice. This is for educational purposes only