The Binance Smart Chain (BSC) has been growing over the last months and it has reached a large number of users. Nowadays, it is one of the largest blockchain networks all over the world and it is offering users the possibility to get access to a wide range of decentralized finance (DeFi) solutions.
In this guide, we share with you some of the top Binance Smart Chain projects. Although not all of them are now widely known, some of them could become certainly large projects in the coming months.
Disclaimer: the information shared by AltSignals and its writers should not be considered financial advice. This is for educational purposes only. We are not responsible for any investment decision you make after reading this post. Never invest more than what you are able to lose. Always contact your professional. financial advisor.
If you thought that there were not enough funny names on the BSC, then you were wrong. ApeSwap is one of the most innovative and fast-growing projects on this platform. In just a few months, the team behind ApeSwap was able to create a platform that is now among the largest on the BSC ecosystem by rewarding users with $BANANA.
Yes, you read well.
Users receive $BANANA tokens as rewards. Users on the ApeSwap platform are able to do yield-farming, swap digital currencies on the BSC and stake their coins on different pools. This makes it easier for users to improve their staking and yield-farming strategies over time.
The $BANANA cryptocurrency has moved from below $1 to above $11 in recent weeks. However, the project is still small in relative terms compared to PancakeSwap or Venus. Due to this reason, we could see $BANANA moving higher and reaching new highs.
If the project welcomes new users, the market valuation of ApeSwap could move higher and surpass $1 billion. Nevertheless, this is not financial advice. These are projects that are very risky and that might not be able to continue growing in the future.
That being said, ApeSwap is one of the fastest-growing projects on the Binance Smart Chain.
PancakeSwap is the largest project on the Binance Smart Chain. PancakeSwap is an AMM (Automated Market Maker) platform that allows users to swap currencies, farm CAKE and enjoy some of the most efficient staking pools in the market right now.
The platform has been attracting a lot of attention over the last months. Nowadays, it is the largest decentralized finance application running on top of the BSC. The reason is related to its large volume ($453 million in 24 hours) and the number of users handled (almost 60k).
PancakeSwap works with the CAKE virtual currency. Surprisingly, this digital asset became one of the largest in the world with a price per coin of $40 and a market valuation of $6.48 billion. Some of the most profitable farms are giving 350% APR to users paid in CAKE.
In terms of growth and expansion, PantherSwap has been one of the latest projects in the crypto market to enter the BSC expansion. This is an Automatic Liquidity Acquisition Yield Farm and AMM. The project aims at making it easy for users to get access to a large number of farms and rewards through different smart contracts.
Although this is a relatively new project, there are several attractive things about it. One of them is related to the price of the Panther coin. If the project continues moving higher, we could see PantherSwap reaching higher prices. However, this is not investment advice.
Pancake Bunny is among the largest projects on the Binance Smart Chain. With 22k users and almost $1 billion trading volume, this project is becoming one of the largest on BSC. The project works as a DeFi yield aggregator that is used for PancakeSwap.
Users on Pancake Bunny are able to improve their yield strategies in order to optimize their compounding investments. In this way, they are able to earn larger rewards in shorter periods of time. Moreover, the team behind Pancake Bunny is also sharing with users different strategies to optimize investors’ returns.
If you love PancakeSwap and you want to improve your returns, then Pancake Bunny is the right platform to use.
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