I wouldn't bet on apeswap being huge in the future, they are looking like another failed project to me. I am not some wizard with orb to see the future, I am just predicting like any other person. However, when the market returned to ATH levels once again and a token is still 80% down compared to their ATH 5 months ago, that tells me maybe they are not doing that great.
Why is it a failed project if you only look at price? After 10x, it must be corrected and have a long consolidation phase before a new growth. Did you forget that Apeswap lost half of its price from $1.3 to $0.5 before it rose to $11? So it is not impossible if $BANANA rise from $2 to $20. I am not too optimistic like that and a growth back to $10 to $11 is good enough.
All in all they could have been doing better, maybe not reach the ATH level but at least reach to a level where it is definitely a good 10-15% down and that would be fine.
It is my target, from $9 to $10. It's good enough. I don't need a new all time high.
Looking at how people are staying away from it, and there is no more hype around it, and projects are staying away from their router, I would say that it is highly unlikely that they would recover.
The volume is good enough and even it is decreasing since September, current trading volume is 10 times higher than the volume when $BANANA made its all time high. It was only about $400k in trading volume in March when price was exchanged from $10 to $11.
