PancakeSwap (CAKE) Market Capitalization Achieves $658.87 Million

PancakeSwap (CAKE) traded 2.5% higher against the U.S. dollar during the twenty-four hour period ending at 20:00 PM ET on January 25th. PancakeSwap has a total market cap of $658.87 million and approximately $56.52 million worth of PancakeSwap was traded on exchanges in the last day. One PancakeSwap token can now be bought for about $4.00 or 0.00017233 BTC on popular exchanges. Over the last week, PancakeSwap has traded up 12.4% against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

  • Aidi Finance (BSC) (AIDI) traded 2.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 3.7% against the dollar and now trades at $0.0611 or 0.00000264 BTC.
  • CareCoin (CARES) traded up 3.7% against the dollar and now trades at $0.0759 or 0.00000328 BTC.
  • OmniaVerse (OMNIA) traded down 13.8% against the dollar and now trades at $0.0017 or 0.00000007 BTC.
  • Kitty Inu (KITTY) traded 3.7% higher against the dollar and now trades at $93.95 or 0.00406323 BTC.
  • Lunar (LNR) traded 2.6% lower against the dollar and now trades at $0.0278 or 0.00000120 BTC.
  • Hokkaidu Inu (HOKK) traded down 11.6% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded 3.7% higher against the dollar and now trades at $6,594.55 or 0.28520853 BTC.
  • 2G Carbon Coin (2GCC) traded up 0.3% against the dollar and now trades at $135.76 or 0.00587151 BTC.
  • Lego Coin (LEGO) traded 6.6% lower against the dollar and now trades at $0.0406 or 0.00000175 BTC.

PancakeSwap Profile

PancakeSwap launched on September 29th, 2020. PancakeSwap’s total supply is 361,826,029 tokens and its circulating supply is 164,687,227 tokens. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed here. PancakeSwap’s official website is pancakeswap.finance. The official message board for PancakeSwap is medium.com/pancakeswap. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here.

According to CryptoCompare, “PancakeSwap is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. It is designed to be fast, cheap, allowing anyone to participate.PancakeSwap runs on Binance Smart Chain, a blockchain with lower transaction costs than Ethereum or Bitcoin.Unlike centralized exchanges, PancakeSwap doesn’t hold funds when users trade, giving them 100% ownership of their own crypto.Built on open-source software, the website and all Smart Contracts are publicly visible for maximum transparency.Contracts are verified on BscScan so users know that what they see is what they get.”

PancakeSwap Token Trading

It is usually not possible to buy alternative cryptocurrencies such as PancakeSwap directly using US dollars. Investors seeking to acquire PancakeSwap should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy PancakeSwap using one of the exchanges listed above.

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