This Surging New Cryptocurrency Could Rocket Higher On ‘NFT Hype’ Price Prediction Reveals—As Bitcoin And Ethereum Crash

Bitcoin

BTC
and ethereum, by far the biggest cryptocurrencies by value, have moved sharply lower this month, as fears of a financial “doom loop” grip markets and “bitcoin Jesus” reveals his surprise “contenders” for the title of the world’s dominant cryptocurrency.

Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market

The bitcoin price has struggled to break above $40,000 per bitcoin this year while the ethereum price has failed to hold above $3,000 per ether. Both bitcoin and ethereum are down around 20% through April. Meanwhile, the continuing popularity of blockchain-based non-fungible tokens (NFTs) has helped new cryptocurrency apecoin, linked to the Bored Ape Yacht Club NFT collection, become a $7 billion coin.

Now, a survey of cryptocurrency experts has returned a bullish price prediction for apecoin—with the apecoin price rocketing 50% over the last week as the coin’s developer gears up for a fresh NFT sale.

Want to stay ahead of the market and understand the latest crypto news? Sign up now for the free CryptoCodex—A daily newsletter for crypto investors and the crypto-curious

MORE FROM FORBES‘World’s Dominant’ Coin-Legendary Bitcoin ‘Whale’ Reveals His Surprise Top Three Crypto Picks As Price Volatility Hits Ethereum And OthersBy Billy Bambrough

Apecoin, launched just last month and up hundreds of percent since it began trading, has an average price prediction of $27 by the end of 2022, according to a panel of crypto specialists put together by price comparison website Finder, up from around $24 per apecoin currently. The panel of nine experts predict the apecoin price will hit $35 by the end of 2030.

Apecoin was…