The entire investors’ market is going crazy over this new meme coin sensation, depicted in the skyrocketing numbers in the ongoing presale. Ape Brigade has reserved 10% of its supply for charitable organisations that rescue apes and wildlife, making it a meme coin with a heart and a meaningful purpose. However, what really sets this cryptocurrency apart is its mission to bring together a passionate community of individuals who care about wild animals, particularly apes. A total of 15% of the token's supply is reserved for staking rewards. In addition to these features, Ape Brigade has an incentivised staking system that rewards token holders based on the number of tokens staked and the duration of the stake. Since it is built on the Ethereum blockchain, it follows the ERC-20 token standard, and the project is also building in the NFT space, which will help draw more eyes to its causes. For one, 20% of the total supply of APES is locked to enhance its stability and liquidity. This particular token is not your average meme coin and has several exciting features that make it stand out. Maybe in the future when people want to do something on Binance, they’ll want to “Binance that.Ape Brigade - An Army Of Animal Saving Soldiers!Īpe Brigade (APES) is making waves in the cryptocurrency market as the newest DeFi meme coin to enter the presale phase. Drawing a parallel from Google, Zhao envisioned a future where Binance turns into a verb. He said that the exchange focuses more on short-term goals – sometimes weekly goals. However, Zhao wasn’t exactly willing to disclose everything yet, although he did give away some clues. Like all business entities, Binance has a plan for the future. Speaking of the future, he said that significant institutional funds are likely to flow in from the US, despite Europe enjoying a faster rate of crypto adoption. To expound on that, Zhao confessed that had the bear market not happened, even large exchanges like Binance would have found it really hard to handle the resultant inflated trading volume driven by a bullish market. Interestingly, Zhao expressed his satisfaction with the market performance this year, saying that 2018 is basically a “build year” – a challenging period to prepare the market for future growth. In Zhao’s opinion, the fact that exchanges have taken back the top spot makes the future brighter, adding that crypto exchanges are ready to set up the ecosystem of the future.Ĭhangpeng Zhao also shared his thoughts about the prevailing market situation of 2018, and he was all bullish. The traditional market has been overtaken by the likes of crypto exchanges. He went on to intimate that Binance already has some tricks up its sleeve in that quest. Zhao said that the company is still working to make the exchange better and cover the full spectrum of the industry. Binance Is Huge And Still Improvingīinance is one of the largest crypto exchanges in the world, and that puts the exchange in the spotlight especially in regard to the part it plays in the overall growth of the market ecosystem. Zhao was speaking in an interview with The Street. In his sole view, 2019 will be the year cryptos finally achieve true mass adoption. According to the founder and CEO of Binance, Changpeng Zhao, these efforts will trickle down to bring good tidings in 2019. Crypto exchanges, too, have done their part. Companies like Ripple and Tron Foundation have been doing everything to bring their native cryptos closer to the people. There have been lots of developments meant to boost crypto adoption. The crypto market may be going through hell, but it’s no secret that much has been achieved this year.
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