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Author Topic: ApeSwap Vs PancakeSwap  (Read 876 times)
blackened515 (OP)
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April 28, 2021, 01:45:15 PM
 #1

Over the last one week ApeSwap had been trending massively around the altcoin section,  ApeSwap native token BANANA is built on Binance Smart chain and had risen from  $0.9 to $3.4 while trading volume is now $33M from $6M on coinGecko marketcap. Investors are saying that ApeSwap is the fork of PancakeSwap that has more unique features than Pancakeswap, I don know how true is this.

Throughout last week, these few improvements and developments had happened in the ApeSwap;
1. Double their burn rate to 15%
2. Follow from CZ on Twitter
3. Partnership with ONT
4. Conducting presale known as IAO (Initial Ape Offering)
5. The owner of ApeSwap Obio Obodo referred himself as the Grandpa of CZ

I have been thinking that ApeSwap will supersede PancakeSwap in the future and the price of BANANA will hit $50. What do you think about this new innovation in the crypto space.

Thanks in advance. Cool



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Sindicatout
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April 28, 2021, 01:48:17 PM
 #2

Over the last one week ApeSwap had been trending massively around the altcoin section,  ApeSwap native token BANANA is built on Binance Smart chain and had risen from  $0.9 to $3.4 while trading volume is now $33M from $6M on coinGecko marketcap. Investors are saying that ApeSwap is the fork of PancakeSwap that has more unique features than Pancakeswap, I don know how true is this.

Throughout last week, these few improvements and developments had happened in the ApeSwap;
1. Double their burn rate to 15%
2. Follow from CZ
3. Partnership with ONT
4. Conducting presale known as IAO (Initial Ape Offering)
5. The owner of ApeSwap Obio Obodo referred himself as the Grandpa of CZ

I'm having a second thought that ApeSwap will supersede PancakeSwap in the future and the price of BANANA will hit $50. What do you think about this new innovation in the crypto space.

Thanks in advance.

ApeSwap is not a fork of PancakeSwap. This is a separate project. I'm more interested in why they copied the platform from PAncakeSwap. And they copied it thoroughly. Why couldn't you do something of your own?

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April 28, 2021, 02:16:57 PM
 #3

to be honest, there are a lot of these swaps, ApeSwap is still far from pancakeSwap, the volume of trading is ten times more on pancakeswap and this is all unfounded and not justified, perhaps time will tell, but I doubt that there will be something better than pancakeswap.
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April 28, 2021, 02:24:39 PM
 #4

The reason APESWAP increased in price is that it was listed as an exchange on Coinmarketcap. This exchange copied CAKESWAP's source code, converted them into APESWAP in their own way, and was audited by CERTIK.
This project looks good in terms of the benefits of good farming with the provision of IAO.
APESWAP with BANANA tokens is priced from $ 2 to under $ 1 and has fluctuated between $ 0.8-0.9 for a few weeks. The fact that APESWAP has added liquidity is a natural push. If there is more liquidity on this exchange, BANANA will continue to increase in value.
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April 28, 2021, 02:25:09 PM
 #5

~
I have been thinking that ApeSwap will supersede PancakeSwap in the future and the price of BANANA will hit $50. What do you think about this new innovation in the crypto space.
I don't really know what's going to happen to the price. We can only speculate.

Let's just stick to the following facts:
  • TVL on ApeSwap is increasing rapidly.
  • More and more Farms and Pools are opening.
  • More devs are launching their project there while others are migrating with the help of the BUIDL Program.
  • It has it's own LPs and router unlike other AMMs/Yield Farming that still uses PancakeSwap.

^ Those factors are obviously driving up the price. Maybe you can also add that speculators see it pumping to 30+ in a few months time. We've seen it happen with CAKE.
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April 28, 2021, 02:45:49 PM
 #6

as one of the Apeswap campaign participants, I am very happy to hear this good news. and that marks a tremendous increase from the price tag of $ 0.9 to $ 3.4. an apparition that brings us good luck this month.

Apeswap cheers Grin

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April 28, 2021, 03:13:12 PM
 #7

as one of the Apeswap campaign participants, I am very happy to hear this good news. and that marks a tremendous increase from the price tag of $ 0.9 to $ 3.4. an apparition that brings us good luck this month.

Apeswap cheers Grin

I also just joined the Apeswap bounty because I thought the price was quite attractive to follow, plus there was a lot of positive news about Apeswap so I looked at the Apeswap campaign. Even though the remaining campaign time is low, I am still happy to join this bounty

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April 28, 2021, 03:41:40 PM
 #8

APESWAP is a new DEX on BSC and it is listed on Coingecko and Coinmarketcap recently. I found it to be a good project having forked from CAKESWAP. I like how the project increases the value of the project when there are pools with high APYs and frequent burning of tokens.

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April 28, 2021, 03:44:53 PM
 #9

I have been following Apeswap for a while. It may be the real deal, it may not be. Who knows, this is crypto. However the first 3 points are quite legit and is a good boost for its reputation
deathcode
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April 28, 2021, 03:49:58 PM
 #10

I think ApeSwap has nothing to do with PancakeSwap. they are different though with almost the same platform features.
This year is indeed a momentum for the DEX exchange platform. they make the platform run with their token which is constantly growing as well.
we can see UNI, CAKE, and BANANA. market enthusiasm looks very good on new projects. especially in the BSC network, we see almost everything creating hype in the market.
especially for BANANA, I believe she will make it big doesn't even have to wait long. just look forward.
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April 28, 2021, 03:53:09 PM
Last edit: April 29, 2021, 12:24:08 AM by 777Jolami
 #11

Apeswap cheers Grin
Have I heard or am I mistaken that CZ binance followed the twitter of this $ Banana group?  Therefore, they are likely to be selected for a private placement to list on Binance.  If all of this happens, $ Banana could break out with prices approximating UNi, Pancake, ... Obviously a good signal with 900% APY, $ 500 can be wagered on them.
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April 28, 2021, 03:53:28 PM
 #12

Despite the growing popularity of Swap exchanges, I think they all have their own advantages and disadvantages. however, we also need to see how Apeswap can outperform Pancakeswap with a wide selection of uncomplicated features and low exchange fees. so therein lies the race to pay attention to the public and to the traders. without prejudice to one exchange with another, depending on how later the procedure will be offered to us.

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April 28, 2021, 04:09:36 PM
 #13

Despite the growing popularity of Swap exchanges, I think they all have their own advantages and disadvantages. however, we also need to see how Apeswap can outperform Pancakeswap with a wide selection of uncomplicated features and low exchange fees. so therein lies the race to pay attention to the public and to the traders. without prejudice to one exchange with another, depending on how later the procedure will be offered to us.
I don't think the two will be that different. we can see the transaction fees as well with their features.
those who will be superior are those who take advantage of the momentum of the new project to get hype in their exchanges.
Apeswap and PancakeSwap are both looking to profit from the current crypto market trend. hopefully, they will continue to get better with the development of their platform. because every time there will be trend movements that shift from the crypto industry.

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April 28, 2021, 04:11:19 PM
 #14

I really love ApeSwap project, for me it's quite interesting to explore it features and advantages. It could be listed on major exchanges in the upcoming days. ApeSwap native token BANANA has been trading between $0.80 to $0.90 for like a month, it appears that more liquidity coming to the ApeSwap market. Until now we have seen massive growth, but more boost will take place as updates going on regularly. Thus, I chose to pick this venture.

as one of the Apeswap campaign participants, I am very happy to hear this good news. and that marks a tremendous increase from the price tag of $ 0.9 to $ 3.4. an apparition that brings us good luck this month.
I can feel your excitement. BTW! As a participant you'll be paid dollar ratio in BANANA, so as more BANANA will grow as lower you will get BANANA. I wish more BANANA  Smiley
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April 28, 2021, 04:45:09 PM
 #15

Really you explain a very good information about Apswap exchange but unfortunately i use only pancakeswap exchange for Coin buy selling. But apeswap  will another good exchange. J
 

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April 28, 2021, 05:21:43 PM
 #16

Both are preforming good.
Apeswap may overtake pancake swap in near future.
But boths fundamentals are quite strong
Both project is quite good from their own point of view.
But who knows the future except Allah.
Lets see.

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April 28, 2021, 06:02:52 PM
 #17

The development of ApeSwap and Pancakeswap is almost the same. However ApeSwap has more function on their website. In the last one week, ApeSwap has come to the notice of everyone. Many projects have also been launched here. I have some BANANA tokens.  In the last 2-3 days, their prices have gone up by about 2.5x. In a short time, it has become a very strong competitor of Pancakeswap.

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April 28, 2021, 06:27:15 PM
 #18

I have never tried apeswap. Is there a very significant difference from the pencakeswap? apeswap is a new project so it takes time to compete with pancakeswap.
according to information I got on the internet that apeswap is a fork of pancakewap that op has mentioned. Is that true?

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April 28, 2021, 06:32:53 PM
Last edit: April 28, 2021, 06:47:33 PM by blackened515
 #19

ApeSwap is not a fork of PancakeSwap. This is a separate project. I'm more interested in why they copied the platform from PAncakeSwap. And they copied it thoroughly. Why couldn't you do something of your own?
according to information I got on the internet that apeswap is a fork of pancakewap that op has mentioned. Is that true?
I just read on bitrue exchange that listed banana today, they said the same thing on their announcement channel, obviously, the interface of PancakeSwap was copied, who knows if they might have taking the permission from cakeswap

@princeofpoetry, you can check in the quote below, bitrue exchange announcement and even on the bounty thread introductory information says the same thing that it's a fork from cakeswap.

Quote
ApeSwap Finance is a fork of PancakeSwap that also works as DeFi trading and staking platform. It is barely more than a month old yet is already attracting much attention from DeFi enthusiasts.

we can see UNI, CAKE, and BANANA. market enthusiasm looks very good on new projects. especially in the BSC network, we see almost everything creating hype in the market, especially for BANANA, I believe she will make it big doesn't even have to wait long. just look forward.
That's why I have taking the opportunity to invest in them, this was roughly how cake and Bake started and they are doin well in this day, BANANA is still dip which I think it's the best time acquire them and even farm them.



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chaoscoinz
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April 28, 2021, 06:46:30 PM
 #20

It's a beautiful see the real time effects of live advertising. I watched as ApeSwap came from seemingly no where, but had a massively success bounty campaign that most certainly boosted their presence. Their bounty campaign and the Apeswap signatures were freaking everywhere all over the forum, I was mad that I missed out on it. Glad to see another project step into the light of great success ,all the while getting their start right here on the forums! Sweet! I hope more projects that are similar do bounty campaigns.

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