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Hello frens. As promised, this is the official APE Otherwise Metaverse announcement thread. I made a nice thread picture to go with it. It's now 14pm, London time. So Hello to our Americans too, who are just waking up. Today makes the 1st year anniversary of the Bored Ape Yacht Club minting. After we've all had a month to accumulate our dom's exit liquidity coins at $12 and they announced that their Metaverse would be revealed in April, we will likely get it today. Land sales are involved and rumor have it APE is the Metaverse currency and gateway to land. Coinbase is broadening their scope on their Metaverse platform to fight against opensea and has cinematic productions with BAYC avatars in the pipeline. Don't die seething because you thought it's a meme animal coin. Today is the day to make free money. Yes, it's literally free money. In 20 hours, those who seethed at this thread will have learned a lesson and everything is better than it was before, in any case. I'm at 2900 or $48k as of this post, and I'll make at least very $10k today. Our APEs pumped again overnight in expectation and we will get a more significant pump later that day. Our modest target today is APE at $21. You can get out at 21 if you don't like gambling. I will announce this conservative strategy again in the thread once the price reaches $21, no worry. What's your price target? Should we sell at $21? Discuss. Now, gents, lean back in the knowledge that your net worth will be +25% by the end of days.
APE keeps going up
Ok anon, today we are going to talk about market cap. Why market cap? Because it is one of the most important numbers you can look at when investing in a token/security. Let's say you find a token on biz, we can call it APE. You see lots of people talking about it, the chart looks ok, maybe you ever saw a picture that made you pp feel funny. So you see that the market cap is $3 billion, wow, that number is so high, that must be a great thing right? No you fucking retard, that is a bad thing. Why? Because the higher the market cap, the less room for growth. Let's break it down into some numbers so you can really understand. So let's say you spend $100 on APE. How much would the coin have to grow before you make $10k? 10000 / 100 = 100x. So you would need the coin to 100x before you make 10k. In order for APE to 100x, the market cap would need to increase 100x, which means it would have to reach a market cap of $300 billion. Just to put things in perspective, the ATH for any memecoin is around $70 billion. So APE would need to reach 400% of the ATH for any memecoin ever. So how can you REALLY make money. You get lucky on a coin that is low market cap in hopes that it someday reaches a high market cap. So lets pick GOHO as an example. The market cap is roughly $280k, price has stabilized from recent pump. If GOHO were to reach 10 mil market cap, that would be a gain of 4000% (40x) from whatever was invested right now. Dog with bat reached an ATH of 250 mil, so if GOHO hit that mcap of 250 mil, whatever money was invested today would grow 100000% (1000x), and it would grow 4000000% (40000x) if it reached SHIB levels. So when you pick a project you are going to invest in, keep this shit in mind. And next time some SHIBfag says that it is going to reach 1 cent, just remember that they are basically saying SHIB is going to have a $10 trillion market cap, which is 3x the size of Apple stock. Ok thats all I got. Who's got questions?
APE IN!
redpill me on (g)APE
>he sold his APE
APE hits triple digits
Kek WTF IS APE!