PancakeSwap's native token
CAKE has been performing strongly in the cryptomarket, rising 37% as higher interest in meme coins persists and Binance delists Tether. Besides, the token's price surged 100% as
BNB Ecosystem gained momentum.
Roblox's Cake Off advised on gaining more coins whereas PancakeSwap marked its milestone of $1 trillion, causing CAKE’s price to become the focus. Chiliz and CAKE users uncovered a new altcoin called
1Fuel. There were also partnerships such as Zano Blockchain allying with
Cake Wallet for driving privacy coin adoption, enabling CAKE to reach the yearly high with PancakeSwap topping $3 billion in daily trading volume.
PancakeSwap has also successfully executed strategic deflationary events, burning $19m CAKE tokens and over 8.8 M tokens, driving expectations for price rallies. Predictions regarding the future vary with some anticipating bearish trends and a potential drop below $4, while others foresee the token attaining the $30 mark. Cake DeFi has ventured into
eSports through a partnership with FACEIT whereas Unstoppable Domains integrated Monero usernames with Cake Wallet.
CAKE has been compared with UNI to ascertain the better coin while ongoing speculation about future partnerships, M&A, and product launches continue.
CAKE Coin News Analytics from Fri, 22 Dec 2006 08:00:00 GMT to Mon, 31 Mar 2025 07:00:00 GMT -
Rating 4
- Innovation -5
- Information 5
- Rumor -3
