ApeMax price is still unknown as the coin remains absent from all crypto exchanges. The reason is that the memecoin is still in its presale stage. According to the official website, the project has successfully raised almost 772,000 due to aggressive marketing and a lot of hype.
However, the situation is not ideal for the new projects to launch as the BTC price has plummeted below $26,000. The biggest cryptocurrency has finally broken down from its prolonged trading range, triggering a massive sell-off in the altcoins. As a result, most investors are too scared to invest their capital into new memecoins like ApeMax.
The team has not revealed any listing date for the ApeMax coin on a decentralized exchange. As per the latest news, the project has achieved the milestone of 4000 on-chain holders. All these holders are eagerly waiting for the Uniswap listing to find out the ApeMax price.
The project would introduce staking to allow holders to boost their favorite projects and increase their earnings. While there is very little to no information available on the exact model, it seems like no one is interested in the fundamentals.
As the coin is not trading on exchanges yet, it is very difficult to make any ApeMax price prediction. Despite all the hype on social media, I’m still not convinced that it would be a successful project. Before apeing into ApeMax, just ask yourself who would buy the coin after the exchange listing, as it is available at a much lower price right now.
Another concern is the anonymity of the team behind the project. If the team is confident in the project’s fundamentals, then they must come forward to promote the project. Due to all these reasons, I won’t be taking part in this memecoin’s presale.
While I might not be investing in ApeMax, there are still many other crypto projects with 1000x potential. I often mention these projects on my Twitter, where you are welcome to follow me.
This post was last modified on Aug 21, 2023, 16:50 BST 16:50