Apeswap (Banana) Speculation Thread

[LGD2Business]

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

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

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[terciduk123]

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

[marcous]

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.

[Kena Banned]

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.

[bhooscream]

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

[umbara ardian]

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.

[tbct_mt2]

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.

[kidbounty]

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.

[Cryptomiles1]

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.

[LGD2Business]

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.

[beerlover]

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.

[LGD2Business]

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.

[Kena Banned]

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?

[el kaka22]

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.

[Ararbermas]

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..  

[junkerr]

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.

[babygun]

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.

[irixo10]

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.

[babygun]

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.

[suryogandul]

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