Apecoin - APE - people are piling into ApeCoinApecoin is associated with the Bored Ape Club NFTs. Momentum is building. Add this to your watch list. Just move about 25%
Bored
Apecoin - APE - Why investors will 'ape' into ApecoinAPE is associated with the Bored Ape Yacht club NFT project. The coin went live on many exchanges at once making is readily available to most investors. Every price action is starting to look bullish. We will see?
APE Coin growth thesis valuationBored Apes NFT project official ApeCoin token was launched on Coinbase and it immediately reached $32.
At the time of writing this idea, the price is around $14, but extremely volatile.
The growth thesis that i have comes from the initial price of the APECOIN on Coinbase, $32.
At 14usd the market cap of APE is around $4Bil and the fully diluted mk cap $14Bil.
At 32usd the circulating supply was $9.14Bil and the total supply around $31Bil.
My expectation is that APE could have the highest valuation similar to DOGE and SHIB, which it shouldn`t surpass.
Now the mk of DOGE is $15.6Bil with the same circulating supply as the total supply.
SHIB has a mk cap of 12.2Bil and a total supply of equivalent to $13.1Bil.
So this is the highest valuation that i think APE can reach market cap wise.
The downside is $6.3 - $7
Looking forward to read your opinion about it.
Bullish and bored pamp itIm gettin a cold and feel like shit. So im usin TV like a coloring book, sry guys *coughs*..... Low vol... Big volatility inc.....Dont get stopped out on a wick, before we go....
Keepin my eyes on the volume until closer to monday for the move to be made. but well see.
BTC Puts On a Pink Floyd CD and Takes The Day Off.Oh wow man.
I'd tell you to eat my shorts, but I can't remember where they are.
Got any chips?
Oh yeah. And some Ice Cream?
And if your head is full of dark forebodings too...
I'll see you on the Dark Side of The Moon.
Extreme Selling Always Has Corrections -FEZI'm purely bored of Bitcoin at the moment and decided to go to TD to trade. So, today I decided to look at some ETFs.
What I have found is that currently $FEZ is being highly OVERSOLD for whatever reason. The bears may have taken over short term, but it looks like a correction is long overdue at this point. The current bear trend is not valid at this point.
Many indicators have been for month now stuck in OS mode.
PFE as been down below -100 for a long time, and I would guess that a correction is due soon.
PSAR is about to touch the price line which may in fact switch tomorrow to BUY. The rally may not last long, but even a few quick $ are nice to get.
StochRSI is reeving back up again and may start going above 50. I'd wait until then for it to confirm or you can take the risk now.
DC shows that price crossed over around the same time that the other indicators did. We'd need to get up to 42.75 for complete reversal, and anything before that is just a correction.
Aroon is still telling that the market is in downward period. Closer to zero would confirm some sort of trend up.
In conclusion, see what the this does in the next few days. Carefully watch the price along with the indicators. Once PFE gets going up there is no stopping it. Think of this as a mini bull/bear bubble market. Always a good time to buy when the market has completely overextended itself for a few weeks with not 1 correction.
