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Topic: ApeSwap Vs PancakeSwap (Read 854 times)

full member
Activity: 1554
Merit: 101
May 18, 2021, 11:06:06 PM
#99
In my opinion, ApeSwap is a project with bright ideas and they are different from PAncakeSwap. however, I still doubt if ApeSwap replaces PancakeSwap

ApeSwap is a promising project but once thing concerns me that recently it pumped to over ten dollars and now it is dumped to around four dollars. Why there is so much dump in its price ?  I agree that all the altcoins are dumping in the market but we do not see more than 50% dump in pancakeswap and other coins  Huh

maybe because there are still few who use it so maybe some people can control the price but maybe after the user a lot of coins will be divided and someone will not hold a large amount.
full member
Activity: 552
Merit: 107
May 18, 2021, 10:58:29 PM
#98
I have heard and read about this Apeswap Platform, I personally watched the price grow from 0.9 to $11 in just a week, it's really a good swapping platform since it offers more features than pancakeswap, there's a possibility that Apeswap $BANANA might do better than cake, even though the price fell recently, I feel its still early considering the fact that they just launched a few months ago,  Apeswap might grow bigger than pancakeswap with time.
Like some months back who ever thought CAKE will reach $45 but the project just focused on development and price followed. Same terms applies with ApeSwap, so far they are on the right track. Positive sign that ApeSwap keep developing, since market are on correction it's normal price influenced by the BTC downtrend wave. ApeSwap is heading in right direction, I'm pleased that it's doing great in short of time.
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
May 18, 2021, 05:13:27 PM
#97
Just to be honest, I missed this opportunity when it was waging a signature bounty campaign . FOMO to the max but I will keep my track on this so for now I will keep on seeking new opportunities with DeFi Explosions.
sr. member
Activity: 1736
Merit: 306
May 18, 2021, 03:02:57 PM
#96
I have heard and read about this Apeswap Platform, I personally watched the price grow from 0.9 to $11 in just a week, it's really a good swapping platform since it offers more features than pancakeswap, there's a possibility that Apeswap $BANANA might do better than cake, even though the price fell recently, I feel its still early considering the fact that they just launched a few months ago,  Apeswap might grow bigger than pancakeswap with time.
sr. member
Activity: 938
Merit: 251
May 18, 2021, 03:00:59 PM
#95
Apeswap is not a new swap token and the name is very strange indeed!  I wonder why they name it Apeswap and why they will conduct Ape initial coin offering.  The Cryptocurrency is full of twist and turn,  you can never tell what could happen next.  But I know that CZ fully support pancake swap!
full member
Activity: 1890
Merit: 101
May 18, 2021, 02:51:23 PM
#94
In my opinion, ApeSwap is a project with bright ideas and they are different from PAncakeSwap. however, I still doubt if ApeSwap replaces PancakeSwap

ApeSwap is a promising project but once thing concerns me that recently it pumped to over ten dollars and now it is dumped to around four dollars. Why there is so much dump in its price ?  I agree that all the altcoins are dumping in the market but we do not see more than 50% dump in pancakeswap and other coins  Huh
^ now the price is around $ 4, apeswap $banana still has a chance to touch ATH again. I see apeswap developers are very active in developing their swap platform. I also see great potential for apeswap to steal a large part of the pancake market.
full member
Activity: 1134
Merit: 105
May 18, 2021, 11:42:50 AM
#93
In my opinion, ApeSwap is a project with bright ideas and they are different from PAncakeSwap. however, I still doubt if ApeSwap replaces PancakeSwap

ApeSwap is a promising project but once thing concerns me that recently it pumped to over ten dollars and now it is dumped to around four dollars. Why there is so much dump in its price ?  I agree that all the altcoins are dumping in the market but we do not see more than 50% dump in pancakeswap and other coins  Huh

I would take this as a big buying opportunity rather than thinking something negative about the project. Due to the recent market dump, the newest project suffer more because they have less community and holders. People prefer to hold coins which are old and have large marketcap. I like this project and will be loading up more on ApeSwap.
sr. member
Activity: 2156
Merit: 323
May 18, 2021, 11:20:47 AM
#92
In my opinion, ApeSwap is a project with bright ideas and they are different from PAncakeSwap. however, I still doubt if ApeSwap replaces PancakeSwap

ApeSwap is a promising project but once thing concerns me that recently it pumped to over ten dollars and now it is dumped to around four dollars. Why there is so much dump in its price ?  I agree that all the altcoins are dumping in the market but we do not see more than 50% dump in pancakeswap and other coins  Huh
That's true yet I think it has more potential on the mid term. Something may be in the pipeline there, it would be cool to see ape can move. I agree, the constant price depreciation is somewhat discouraging. We are having a pullback, which I see as something to be thankful for.

Stake and chillllll
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
May 18, 2021, 10:58:45 AM
#91
In my opinion, ApeSwap is a project with bright ideas and they are different from PAncakeSwap. however, I still doubt if ApeSwap replaces PancakeSwap

ApeSwap is a promising project but once thing concerns me that recently it pumped to over ten dollars and now it is dumped to around four dollars. Why there is so much dump in its price ?  I agree that all the altcoins are dumping in the market but we do not see more than 50% dump in pancakeswap and other coins  Huh
hero member
Activity: 2646
Merit: 586
May 11, 2021, 04:50:22 PM
#90
I don't think we can compare these two platforms. Pancakeswap is clearly the most used platform in BSC and have the most volume. Pancakeswap bring BSC to mass adoption, they opened a door for masses. Other clone platforms may stay in the business but won't pass Pancakeswap.
For investment wise you can make more gains in smaller platforms but risks are higher for them as well. Big money stay in platforms that are proven already.
I agree that nothing can be compared to pancakeswap, however there is the simple fact that one thing will always pass the other. I do not care what coin or exchange or project we are talking about, eventually something else will pass that, I seriously believe bitcoin will not be number one coin one day, don't know which coin/token will pass it but something will eventually pass it one day.

This may not be ape vs cake situation because ape is already doing as great as it can do and it is still nowhere near cake, however that doesn't mean that cake will always be number one in BSC neither, it will just be number one until something else passes it. Ape is also a decent one, if you missed out on pancake, you could invest into banana so that you could profit from the increase of apeswap and make a good profit, maybe it will not be as good one day and you will lose money, but it is a risk worth taking for me.
legendary
Activity: 2982
Merit: 1485
May 10, 2021, 06:23:23 PM
#89
I don't think we can compare these two platforms. Pancakeswap is clearly the most used platform in BSC and have the most volume. Pancakeswap bring BSC to mass adoption, they opened a door for masses. Other clone platforms may stay in the business but won't pass Pancakeswap.
For investment wise you can make more gains in smaller platforms but risks are higher for them as well. Big money stay in platforms that are proven already.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
May 10, 2021, 04:14:14 PM
#88
PancakeSwap has cemented its position as number one DEX on BSC others follow, just like Uniswap has cemented its position on Ethereum has number DEX, I don't see Apeswap dethroning Pancake because of several factors, first mover advantage and also CZ need to ensure one of these DEXes compete with Uniswap and the one to pick is Pancake

Sushiswap tried to challenge Uniswap, and it took them a lot of time AND a lot of upgrades.

If Apeswap even wants to try to do the same it has to come up with a lot more special features than Pancakeswap,,, which by the way already released v2 recently. So I doubt anyone will come close for many months.
hero member
Activity: 1694
Merit: 541
May 10, 2021, 08:22:08 AM
#87
For NOW, pancakes are better on several fronts such as liquidity and also token listings. but ApeSwap is undoubtedly the new generation that has the capability to compete in the future, so it's just a matter of waiting for the right momentum and completing some homework, then ApeSwap will move fast.
The reason Pancake got an upper hand is because Uniswap is using ETH who is struggling with their higher fees and the Binance launched pancake Swap with BSC chain as its native chain and because of the lower transaction charges and the high reputation of Binance owning the project the liquidity started to increase and so is the reason it is competing against Uniswap but whether a new DEX can compete against PancakeSwap is to be seen.
full member
Activity: 700
Merit: 100
May 10, 2021, 06:25:52 AM
#86
The two projects are very similar to some extent. But if you read, you can find the differences. And the difficulty in assessing them is perhaps the presence of uniformly strong support from users and token holders. I do not participate in projects, but I read the comments of those who understand them more than I do.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
May 10, 2021, 06:15:35 AM
#85
PancakeSwap has cemented its position as number one DEX on BSC others follow, just like Uniswap has cemented its position on Ethereum has number DEX, I don't see Apeswap dethroning Pancake because of several factors, first mover advantage and also CZ need to ensure one of these DEXes compete with Uniswap and the one to pick is Pancake
You make it sounds like the whole BSC is owned by CZ lol while it's just the validator that's controlled by CZ, back to the topic I personally think that pancake won't get dethroned as well, Apeswap as far as i can see didn't add any interesting quirk despite just hardforking (more or less) pancakeswap, even the ui identical. I'd expect more for a swap platform thats just recently coming while swap platform has existed for quite some time and if i were to choose i'll definitely choose to buy pancake than banana since tbh the dev looks more professional and maybe better for long term and it just looks a lot more legit i guess.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
May 10, 2021, 06:02:33 AM
#84
Yeah i think Apeswap is a good swap exchange, they run bounty campaign too, which makes people more aware about the project.
A success swap coin price usually will goes up multiple folds, we should fill our bags with BANANA now before it reach high price like UNI or CAKE.
Very good advice for everyone, as some people who like the Apeswap exchange also gave the same advice by telling me to buy some BANANA tokens before the price goes high, because they think now is a good opportunity to collect some BANANA.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
May 10, 2021, 05:52:25 AM
#83
A success swap coin price usually will goes up multiple folds, we should fill our bags with BANANA now before it reach high price like UNI or CAKE.
Ape needs more than it. There must be a big event to make apeswap will be adopted by a lot of users. BANANA needs to be listed into the major exchange site to make this thing happen and so far ape was doing good but that's not enough to make it in the same level as UNI. I know that BANANA is not yet listed on major exchange site like binance.
That's why ape needs more effort to make it happen but so far this project is good enough.
full member
Activity: 431
Merit: 100
May 10, 2021, 04:47:53 AM
#82
I do not think that ApeSwap will overtake PancakeSwap, in all respects PancakeSwap is ahead of all counts. And the fact that CZ is following this project is not an indicator, he is following many.

It is clear that Pancakeswap is superior in its bursap category, but Apeswap is not worse if it wants to use it. The role of the developer is very much needed in the new stock exchange and of course Apeswap will experience development because it is a relatively new exchange, there are still many opportunities to develop, even if the developers are able to work well, they will be able to surpass the popular exchanges in the same class as Pancakeswap.
sr. member
Activity: 1876
Merit: 259
May 10, 2021, 02:06:01 AM
#81
It's like ETH vs BSC dude, they are almost the same but actually different. No need to hesitate with cake, but I'm still not too sure about banana, because the main token of Apeswap is not yet on a large exchange like Binance, if it is already a major exchange like Binance, I'm sure Banana can be used for long-term investment because the quality of them is no longer in doubt.
full member
Activity: 2128
Merit: 180
May 10, 2021, 01:47:09 AM
#80
Yeah i think Apeswap is a good swap exchange, they run bounty campaign too, which makes people more aware about the project.
A success swap coin price usually will goes up multiple folds, we should fill our bags with BANANA now before it reach high price like UNI or CAKE.
This is a good investment actually and while holding $BANANA, you can actually stake it and earn more while waiting for the right time to sell. Pancakeswap is also a good platform with a lot of options to choose on their services, but since Apeswap is a new platform it makes the noise in the world of altcoins plus this bounty campaign that it makes more popular in just a short period of time. I can't choose between these two, I'm using them and I'll hold some with these two great liquidity platform.
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