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Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: LGD2Business on August 29, 2021, 11:41:39 PM



Title: Apeswap (Banana) Speculation Thread
Post by: LGD2Business on August 29, 2021, 11:41:39 PM
I searched but couldn't find any Apeswap speculation thread so here is one. It brought to my attention months ago but for some reason I never used it. Now I bought some with my CAKE earnings and started watching their development.

53.7 million coin in circulation now, 262 million $ marketcap and 10 million $ daily volume.

Very good APY's such as %147 for BANANA-BNB and %158 for BANANA-BUSD farms.
Single stake pools, most notable one BANANA with %102 APR.

What do you think about Apeswap and their coin BANANA?

Current BANANA price: 4.88 $

Website: ApeSwap.Finance (https://apeswap.finance/)

Coinmarketcap: https://coinmarketcap.com/currencies/apeswap-finance
Coingecko: https://www.coingecko.com/en/coins/apeswap-finance


Title: Re: Apeswap (Banana) Speculation Thread
Post by: terciduk123 on September 03, 2021, 03:03:44 PM
Apeswap is a good project, I personally also hold several BANANA tokens as part of my portfolio, I am waiting to see the BANANA token listed on the Binance.
Apeswap is one of the Decentralized Exchange  which has good development, has enough users, and supports the BSC ecosystem. But it has not been listed on the Binance, I think the BANANA token should soon follow the CAKE, BAKE and BURGER tokens


Title: Re: Apeswap (Banana) Speculation Thread
Post by: marcous on September 03, 2021, 03:58:35 PM
Apeswap is a good project, I personally also hold several BANANA tokens as part of my portfolio, I am waiting to see the BANANA token listed on the Binance.
Apeswap is one of the Decentralized Exchange  which has good development, has enough users, and supports the BSC ecosystem. But it has not been listed on the Binance, I think the BANANA token should soon follow the CAKE, BAKE and BURGER tokens
If BANANA tokens can overtake CAKE, BAKE and BURGER in Binance, then the competition will obviously be very fierce and very beautiful to watch because BANANA or Apeswap users have also started very much so there will be potential to compete with them in the future.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Kena Banned on September 03, 2021, 10:51:34 PM
What do you think about Apeswap and their coin BANANA?

The platform is smooth and nice, the last hype that created with Dragonary IDO is very awesome and impact good to Banana.
I wonder next IDO event could do better if the projects come with a good vision and hype.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: bhooscream on September 03, 2021, 11:44:21 PM
The current price is $4,30 and its ATH was $11,53. Considering we only have 3 remaining months before 2021 ends, I doubt it can reach $25. I think we must be more realistic to predict the possible highest price of Banana before a new year. But it is not impossible for Banana to reach $25, maybe in 2022 or 2023. Looks like Apeswap is quite promising and continues growing well, but it needs more time to grow Banana price to be $25.

Banana info: https://www.coingecko.com/id/koin_koin/apeswap-finance



Title: Re: Apeswap (Banana) Speculation Thread
Post by: umbara ardian on September 04, 2021, 12:49:58 AM
If you've seen the potential it is creating for the field, I've used it and am really pleased with what it has to offer. Obviously we all understand the increasing need to use dex, at ApeSwap there are many other features that I think many people do not know, DYOR about it if you really trust it. In terms of predicting its value in the future, I think it will be one of the top dex products and used by everyone.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: tbct_mt2 on September 04, 2021, 02:48:52 AM
Apeswap is a good project, I personally also hold several BANANA tokens as part of my portfolio, I am waiting to see the BANANA token listed on the Binance.
Apeswap is one of the Decentralized Exchange  which has good development, has enough users, and supports the BSC ecosystem. But it has not been listed on the Binance, I think the BANANA token should soon follow the CAKE, BAKE and BURGER tokens
Apeswap has its all time higher above $12 and after a few months of bearish and consolidation, it begins to rally and I believe that they will retest their all time high in a new altcoin season. This month or later in  October or November.

I agree that ApeSwap is very good in development because they make many partnership and implemented Polygon chain for their platform as well. Very active project.

If BANANA tokens can overtake CAKE, BAKE and BURGER in Binance, then the competition will obviously be very fierce and very beautiful to watch because BANANA or Apeswap users have also started very much so there will be potential to compete with them in the future.
I see it is hard and impossible to overtake CAKE because Pankeswap is made and controlled by CZ and Binance. It is impossible to overtake CAKE but if Apeswap is listed on Binance, it will be a good thing for the project.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: kidbounty on September 04, 2021, 03:23:13 PM
I just wish BANANA could come back to ATH. this is a realistic target for now. 25$ is too high, and looks impossible to me. although their progress is quite good lately, but I'm still not sure. because Apeswap is still quite new and people are still not very familiar with it.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Cryptomiles1 on September 04, 2021, 09:37:34 PM
I just wish BANANA could come back to ATH. this is a realistic target for now. 25$ is too high, and looks impossible to me. although their progress is quite good lately, but I'm still not sure. because Apeswap is still quite new and people are still not very familiar with it.

It is a very good DEX and the interface is human friendly mostly looks like pancakeswap, I m actually holding little pieces just for future purpose if the price goes like cake price though their ATH was almost ~$12 and I strongly believe there is good thing coming and besides they have a very solid team behind the success of the project.
We watch closely to see how it goes.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: LGD2Business on September 04, 2021, 10:00:18 PM
Thanks for all the replies, I'm surprised that a lot of people think positive about Apeswap. APY's are still high, some are higher than Pancakeswap. I'm switching from my Cake pool stake to Banana pool stake, it has better APY and has more potential price wise.
It went down to 4.20 $, I think it's a good price to buy in. I made some mistakes in the past about these staking coins but I won't take profit early this time. ;D


Title: Re: Apeswap (Banana) Speculation Thread
Post by: beerlover on September 05, 2021, 06:26:29 PM
I searched but couldn't find any Apeswap speculation thread so here is one. It brought to my attention months ago but for some reason I never used it. Now I bought some with my CAKE earnings and started watching their development.

53.7 million coin in circulation now, 262 million $ marketcap and 10 million $ daily volume.

Very good APY's such as %147 for BANANA-BNB and %158 for BANANA-BUSD farms.
Single stake pools, most notable one BANANA with %102 APR.
As a person who is involved in a project that is part of apeswap ecosystem, I can easily say that everyone should avoid it. I am sorry if this hurts anyone's feelings, I am not really after hurting anyone, but if you want to get involved then you are going to risk way too much for way too little. Apeswap is basically a "lol jk" version of pancakeswap, it is not serious, and it doesn't have the muscle to pull off a long term yield farming profits going on, eventually people keep on selling their profits, unlike cake where people reinvest.

I am not saying do not ever invest into apeswap, just try to make sure you know what you are doing with anything in apeswap world, and a small amount to itself as a whole, ape and ape projects are different, one is ape itself the others are projects in the ape world, I am warning against projects in the ape world, not the ape itself which is still a bit shaky to be honesty.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: LGD2Business on September 05, 2021, 06:59:24 PM
As a person who is involved in a project that is part of apeswap ecosystem, I can easily say that everyone should avoid it. I am sorry if this hurts anyone's feelings, I am not really after hurting anyone, but if you want to get involved then you are going to risk way too much for way too little. Apeswap is basically a "lol jk" version of pancakeswap, it is not serious, and it doesn't have the muscle to pull off a long term yield farming profits going on, eventually people keep on selling their profits, unlike cake where people reinvest.

I am not saying do not ever invest into apeswap, just try to make sure you know what you are doing with anything in apeswap world, and a small amount to itself as a whole, ape and ape projects are different, one is ape itself the others are projects in the ape world, I am warning against projects in the ape world, not the ape itself which is still a bit shaky to be honesty.

Thanks for the contribution. I invested in BANANA in Apeswap only and it is locked in vault for %153 APY. I don't plan to unstake and take profit anytime for less than 3 months. I see they offer a lot of different options like GNANA and they have IOU's which happened last in July. I didn't take part of them.
I believe risk/reward ratio for BANANA vault is tempting so I invested there. If something happen to Apeswap then we can't do much, as we saw on Pancakebunny etc. People should know the risks before investing any staking coins.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Kena Banned on September 05, 2021, 07:41:28 PM
Apeswap is basically a "lol jk" version of pancakeswap, it is not serious, and it doesn't have the muscle to pull off a long term yield farming profits going on, eventually people keep on selling their profits, unlike cake where people reinvest.

I am not saying do not ever invest into apeswap, just try to make sure you know what you are doing with anything in apeswap world, and a small amount to itself as a whole, ape and ape projects are different, one is ape itself the others are projects in the ape world, I am warning against projects in the ape world, not the ape itself which is still a bit shaky to be honesty.

Its a shocked information to share here but if its a true, ofc people will move and prefer pancake over apeswap in the future.
I dont understand what you means by "apeswap world", "ape projects", "ape" itself, is it difference with apeswap.finance?


Title: Re: Apeswap (Banana) Speculation Thread
Post by: el kaka22 on September 07, 2021, 12:09:15 PM
At the end of the day, being a competitior is a good thing, it gives the market more heat and allows projects to get better. Apeswap is a big competition to Pancakeswap but they really lack the gun power to fight them, which is why they are not doing as good as they hoped they would. They have good programs to attract more people to their ecosystem, but in order to do that more they would have to attract projects at zero level, at the ground level.

If a project is already good at pancakeswap, why would they want to move to apeswap to begin with? What is the profit for them in it? They will obviously fail if they switch when they are that big, so the best case would be to stay where they are, hence apeswap can't get the big names. They have too many requirements to go there whereas they should have zero and attract every single project to grow bigger.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Ararbermas on September 07, 2021, 12:18:28 PM
For me apeswap.finance project is a very good project with genuine team behind their progress is too fast unlike other new projects in the market.. Indeed my friend bought coin from them when they're just starting, i think they run a bounty campaign if I'm not mistaken. wherein now the price of the token really growing.. Its a good choice to be honest.. I'm just wondering as well why it's not popular even here in forum, i mean no one wants to talk about it..  ;D


Title: Re: Apeswap (Banana) Speculation Thread
Post by: junkerr on September 07, 2021, 12:20:06 PM
it seems banana is not as strong as CAKE. they are almost the same but I believe CAKE is still superior.
banana is at $10 I think it's really good for this year or next year.
if what happens this year is a big dump in the market, then BANANA's ability to achieve that target will be even more difficult. how support from the market is very important for BANANA's growth in the market.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: babygun on September 07, 2021, 05:36:04 PM
it seems banana is not as strong as CAKE. they are almost the same but I believe CAKE is still superior.
banana is at $10 I think it's really good for this year or next year.
if what happens this year is a big dump in the market, then BANANA's ability to achieve that target will be even more difficult. how support from the market is very important for BANANA's growth in the market.

Don't forget that pancakeswap is already much longer in business that apeswap. They are still growing rapidly so maybe one day, they will be able to catch up if they continue to develop further their site. Competition in Defi space is very hard with all the new projects that are popping out all the time.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: irixo10 on September 07, 2021, 07:11:43 PM
When it comes to staking platforms as well as swap platforms, after pancakeswap, Apeswap is another which has last long as well as offering good features and benefits to its users, or in other terms, the team behind Apeswap has done tremendously well in making sure the offer something unique and attractive. Also, talking about the price to $25 looks huge to predict especially considering the current price, but if the team continues working hard as well as launching more staking and farming pools with good Apy capable of attracting more users, the token value will grow even more, thus the reason I think it may or may not achieve such since all depends on the team. Lastly, staking is a very good feature in DeFi, and when utilized well, will keep most projects valuable, this pancakeswap has done well with, and Apeswap can do same if their team puts in more efforts.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: babygun on September 14, 2021, 01:00:32 AM
With the amount of new Dex coming to the crypto space recently. In the BSC platform or another platform, i dont think the Apeswap would reach 20$ easily.
Also with the reward of any farm activity that keeps creating supply on Banana, i expect Banana price would around 3$ to 7$ in the short term.

There is indeed a lot of competition in the DEX space but they are still growing at a rapid pace. I don't think that the farm activity will form an issue as they have regular burn programs so this should balance each other out.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: suryogandul on September 14, 2021, 06:53:35 AM
Apeswap is a good project, I personally also hold several BANANA tokens as part of my portfolio, I am waiting to see the BANANA token listed on the Binance.
Apeswap is one of the Decentralized Exchange  which has good development, has enough users, and supports the BSC ecosystem. But it has not been listed on the Binance, I think the BANANA token should soon follow the CAKE, BAKE and BURGER tokens
If BANANA tokens can overtake CAKE, BAKE and BURGER in Binance, then the competition will obviously be very fierce and very beautiful to watch because BANANA or Apeswap users have also started very much so there will be potential to compete with them in the future.
it looks like BANANA will easily overtake the token in my opinion. just waiting for the market capitalization of BANANA. now it is clear that BANANA has this great potential with the trading volume and exchange that supports this making BANANA one of the best tokens today and in the future


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Adbitco on September 15, 2021, 11:09:01 AM
I have been seeing APE token around $3+ and I believe that very soon the price will likely increase, I know little about the project believing that it will turn out to be as Uniswap or possibly pancakeswap. Though this another good opportunity to buy as the price has already hit $11 so no one knows the next hit.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Bttzed03 on September 16, 2021, 11:58:49 AM
ApeSwap had come a long way since I first started using it. They are quick to adopt to new trends like cross-chain to Polygon and the boom of different NFT games on BSC. This just shows you that the team knows what most users wants and implement them. I also never heard of any type of successful exploits in the platform. Add all of that and you can expect its effect on their native token (Banana and Gnana).


Title: Re: Apeswap (Banana) Speculation Thread
Post by: suryogandul on September 16, 2021, 04:28:29 PM
apeswap indeed should be able to increase higher with the current market at $3.3 coinmarketcap maybe the potential for apeswap to increase 50% will be achieved. Currently the apeswap team is also still active to develop this apeswap to achieve the best apeswap prices in the future.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Iceblast on October 20, 2021, 12:24:40 AM
I participated in apeswap during the ico, I saw if apeswap could be a good and potential coin, with pancakeswap as one of the apeswap connection exchanges, apeswap has the potential to be able to pump and have high prices. but I think the most realistic is in 2022 onwards.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: bussybuddy on October 20, 2021, 02:03:03 AM
This is one of my favorite DEXs this year, indeed several programs on Apeswap have made me a decent amount of money. Some of their IAO projects have great profits, and even the governance token has had great growth when ATH $11,8 .


Title: Re: Apeswap (Banana) Speculation Thread
Post by: nicolas1979 on October 20, 2021, 08:31:31 PM
~

The current price of Banana coin is $2.17, while the APR is slightly reduced from the previous 98.43% or 96.95% with the stable coin. I think we still have a chance to make a big profit from the current rates and APR percentages.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Amejoaquim on October 21, 2021, 03:26:53 AM
When i look at the charts right now. All those examples are doing much better and holding value, all within consolidation figures.

Apeswap has lost over 50% of its value and going lower even tough when another coins has been rise. We'll see if there is any hope for this one


Title: Re: Apeswap (Banana) Speculation Thread
Post by: tbct_mt2 on October 21, 2021, 06:38:33 AM
When i look at the charts right now. All those examples are doing much better and holding value, all within consolidation figures.
It is in disbelief phase. The consolidation is on going for further recovery from bottom.

Quote
Apeswap has lost over 50% of its value and going lower even tough when another coins has been rise. We'll see if there is any hope for this one
Apeswap lost more than 81% of of its value if you are saying about its all time high $11.66 and today price $2.16. The chart looks to be very good and with very good trading volume and active developments, partnerships from Apeswap project, further recover will come.

Accumulate and hold $BANANA is good plan.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: BaeSuzy on October 21, 2021, 07:02:21 AM
I was quite bullish on $BANANA around a month ago. I sold my BANANA for other of defi coins before the price fell too much. It’s price has dropped nearly 50% since my first foray into Apeswap! Apeswap certainly has an active social media voice and I like it has cross chained over to Polygon. Few days ago i already buy back this coin i think it gonna pump again very soon.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Rehan Zakir on October 21, 2021, 09:58:30 AM
Banana coin is moving near 2$. I think 25$ is a very tough target but if we take it as a long term coin then it can cross 25$ in the future. Apeswap is the decentralize dex exchange and banana coin is its native coin. So, long term project is very strong. Banana coin is available on all big exchanges and their APY is also very good as we compare it with pancakeswap. So, I am holding this coin for long term.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: smartaction on October 21, 2021, 04:04:08 PM
I searched but couldn't find any Apeswap speculation thread so here is one. It brought to my attention months ago but for some reason I never used it. Now I bought some with my CAKE earnings and started watching their development.

53.7 million coin in circulation now, 262 million $ marketcap and 10 million $ daily volume.

Very good APY's such as %147 for BANANA-BNB and %158 for BANANA-BUSD farms.
Single stake pools, most notable one BANANA with %102 APR.

What do you think about Apeswap and their coin BANANA?

Current BANANA price: 4.88 $
Banana token not bad. Apeswap is good Decentralised exchange. i was also Banana token fan and i was bought Banana token. But due to some personal problems I had to sell it. But I will invest in it again after solving my problem. I seen @CZ_Binance followed their Twitter page also. So ,It is likely to go to a better level in the future


Title: Re: Apeswap (Banana) Speculation Thread
Post by: ZAINmalik75 on October 21, 2021, 04:28:56 PM
Apeswap (Banana) is a awesome and strong potential project I have couple of banana which I hold from longterm. Firstly I knew about banana when its bounty run on bitcointalk. I participate on his bounty and got some banana coin as a reward and from then I hold it. I am waiting for his big new like listing on binance. And its real that soon it will be big decentralized exchange like uni swap.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: el kaka22 on October 21, 2021, 06:15:22 PM
When a currency is 80% down from the ATH price and even with the big increases we are having right now it is obvious that we are not doing something that is profitable and looking good. Apeswap was something that was literally one to one copy of pancekswap with a different design and that's it. Literally nothing different compared to pancakeswap, they tried to copy it one to one without any change, exactly the same thing with ONLY design change. Eventually they realized they are making profit in thousands upon thousands so they started to get more and more investments into other projects and tried to take them away from pancakeswap.

This resulted with projects that failed to go into pancakeswap end up with apeswap instead of apeswap getting good projects from pancakeswap. This is why I believe that there is a good reason that we should be letting apeswap go now, it is just not something that can survive, it will be gone.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Ros-In on October 24, 2021, 05:53:19 PM
is project swap still in high demand and will it end in success? I can't count how many projects are currently making a platform swap, either on purpose or for their purposes. and I'm not sure crypto projects that make a swap as the main goal of the project will be of much interest


Title: Re: Apeswap (Banana) Speculation Thread
Post by: _IRMAN on October 25, 2021, 10:00:46 AM
is project swap still in high demand and will it end in success? I can't count how many projects are currently making a platform swap, either on purpose or for their purposes. and I'm not sure crypto projects that make a swap as the main goal of the project will be of much interest
Of course it is still in demand, if the project can offer better innovations than the existing swap platforms. By the way ApeSwap has achieved success even though the platform is still relatively new.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: tbct_mt2 on October 25, 2021, 02:19:27 PM
When a currency is 80% down from the ATH price

This is why I believe that there is a good reason that we should be letting apeswap go now, it is just not something that can survive, it will be gone.
80% down from ATH is good enough for me to do my entry. I don't expect Apeswap to make a new all time high. A rally to half of its ATH is good enough for me to take profit. I don't expect more for my investment in ApeSwap.

Survive or not, it is the future and ApeSwap has good trading volume that makes it harder to won't survive. Survive and grow up in price are different missions for Apeswap.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: DOH! on October 25, 2021, 03:19:55 PM
$Banana got off to a great start in April after running an approximate $11 ATh.  There are big working pumps there.  And most altcoin cycles end in the usual way when the Bitcoin has the big crash of a FUD retracement at $29k.  In fact Ape has greatly expanded opportunities with cross chain to polygon but it seems to me that their IDO partner has little to do with promoting the community as deflation remains balanced with a defi.  $Banana is still very good to hold longer term.  Especially when CZ announced 1M fund to develop defi ecosystem on bsc.  At that time, $Banana is the number with the potential to grow bigger


Title: Re: Apeswap (Banana) Speculation Thread
Post by: javainn on October 25, 2021, 03:55:07 PM
I just wish BANANA could come back to ATH. this is a realistic target for now. 25$ is too high, and looks impossible to me. although their progress is quite good lately, but I'm still not sure. because Apeswap is still quite new and people are still not very familiar with it.
if hope apeswap price can return to ATH it is very difficult for now. let's see apeswap ATH hit the price of $11 and now the real price is only $1.8 very difficult in the near future. but there is a possibility that the ATH price can recover but it will take a lot of time to recover to a position of more than $11


Title: Re: Apeswap (Banana) Speculation Thread
Post by: Tumanggor on October 25, 2021, 04:53:03 PM
~
I also have an investment in apeswap, I was lucky to buy $banana when the price was still $1

but I'm not so sure the price of $ bananas will go to $ 25 because the circulation is quite large and the price of $ cake has not passed $100

but if $cake price can go to $100 then I'm sure the price of $banana will go to $25


Title: Re: Apeswap (Banana) Speculation Thread
Post by: LGD2Business on October 25, 2021, 05:56:42 PM
I also have an investment in apeswap, I was lucky to buy $banana when the price was still $1

but I'm not so sure the price of $ bananas will go to $ 25 because the circulation is quite large and the price of $ cake has not passed $100

but if $cake price can go to $100 then I'm sure the price of $banana will go to $25

Your entry point is great! I agree with your statement, if Cake can go to 100$ why don't Banana go to 25$? That looks very possible in an altcoin bull market.
I think team should do something more to gain traction, first hype is dead for Banana. I still compound my stake and accumulate more Banana but if team announce something exciting that would help price to go up more. 25$ target looks far for now.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: el kaka22 on October 26, 2021, 01:02:01 PM
80% down from ATH is good enough for me to do my entry. I don't expect Apeswap to make a new all time high. A rally to half of its ATH is good enough for me to take profit. I don't expect more for my investment in ApeSwap.

Survive or not, it is the future and ApeSwap has good trading volume that makes it harder to won't survive. Survive and grow up in price are different missions for Apeswap.
Sure, if your point is to buy something and make a quick return and get out, then you could consider ape as a good thing. However, I am talking about the overall situation ape is in right now and that doesn't look like it is something I could be behind.

If something is 80% down then it could go up a little bit, and that's where you will make a profit, but in one year it will still not be good, in three years it won't be even in people's minds, in five years it will be long gone. Why would I put money into things like that? I love putting my money into things that will be easily 10x in five years, including bitcoin which I believe will be 10x or close to that in five years.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: elisabetheva on October 26, 2021, 11:36:59 PM

August prices are still at $4+ and clearly very good, although they were almost a third of the price when May hit its ATH of $11.53. but on the way when bitcoin increased (where in August bitcoin was priced at $49K +) to above $60K, Banana was unable to move up beyond $4.

if you look at bitcoin now reaching $ 60K +, precisely what is happening right now is the price of bananas at a price of $ 1.72, of course it is very disproportionate to what is happening in bitcoin. Of course we know that almost all altcoins will always be affected by bitcoin and it looks like Banana is not experiencing that.

Is banana in trouble so it can't and is able to follow the rhythm that is done by bitcoin? Of course this is an important question, is there a problem with the banana.
whereas when it just appeared not long after it made a very surprising move and immediately increased sharply, although later it was unable to maintain it.
but if you look at the price from the start, of course the current price is still fairly good, hopefully it will continue to improve in the future.


Title: Re: Apeswap (Banana) Speculation Thread
Post by: tbct_mt2 on October 26, 2021, 11:56:19 PM
Sure, if your point is to buy something and make a quick return and get out, then you could consider ape as a good thing.
I don't mean about investment especially long term investment. Long term investments are for Bitcoin, Ethereum, BNB. For other projects, I have to consider carefully and ApeSwap is not in my list. Even Solana, DOT, I have to consider carefully too. I agree with you.

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However, I am talking about the overall situation ape is in right now and that doesn't look like it is something I could be behind.
Long term investment should be done with very strong projects and I only see such strength in Bitcoin, Ethereum and BNB. Solana and DOT are too young to say they are strong.

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If something is 80% down then it could go up a little bit, and that's where you will make a profit, but in one year it will still not be good, in three years it won't be even in people's minds, in five years it will be long gone.
ApeSwap is down more than 80% from its all time high and I see chance to get profit with it. Especially I believe there is another altcoin season with that Apeswap can join the run. It is not a too bad project or has too low volume. It is not bad enough to be excluded from the coming altcoin season.

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Why would I put money into things like that? I love putting my money into things that will be easily 10x in five years, including bitcoin which I believe will be 10x or close to that in five years.
I agree with you. Bitcoin is first for long term. Next, I will choose Ethereum and BNB.