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PancakeSwap(CAKE)

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$1.792
(14.37%)
0.00006362 BTC
Market Cap (Rank#103)
$375,525,072
13,331 BTC
Vol 24h
$17,911,677
635.866 BTC
Circulating Supply
209,551,484.51
Max Supply
750,000,000
4 days ago cryptodaily
3 Hot DeFi Tokens: UniSwap, Tradecurve, PancakeSwap
In the ever-evolving world of decentralized finance (DeFi), three tokens are currently standing out as ones to watch: Uniswap (UNI), Tradecurve (TCRV), and PancakeSwap (CAKE). Most notable is the Tradecurve presale, which is attracting the attention of retail investors and institutional funds alike. Let's take a look at what these three DeFi projects have to offer. >>Register For The Tradecurve Presale>Register For The Tradecurve Presale>Register For The Tradecurve Presale>Register For The Tradecurve Presale<< PancakeSwap (CAKE) PancakeSwap (CAKE) is another leading DeFi protocol that operates on the Binance Smart Chain. PancakeSwap (CAKE)'s primary purpose is to provide liquidity for tokens listed in its native network. PancakeSwap (CAKE) isn't just known for its services; it has also been in the spotlight for the native CAKE token. In 2020-2021, PancakeSwap (CAKE)'s value skyrocketed over 10,000%, marking it as one of the most profitable cryptocurrencies of the year. One of the distinguishing features of PancakeSwap (CAKE) is the Syrup Pools, where users can stake their tokens in exchange for a share of the fees generated from trading activities. This feature has made PancakeSwap (CAKE) one of the most rewarding defi protocols and an attractive option for yield farming. PancakeSwap (CAKE) is 95% down from its all-time high, a drop that has made it a tempting investment opportunity. However, it's important to recognize the volatility of PancakeSwap (CAKE), which is why many investors are turning to DeFi tokens that are just starting their journey, like Tradecurve. For more information on Tradecurve&rsquo;s presale, check out the links below: Website: https://tradecurve.io/ Buy presale: https://app.tradecurve.io/sign-up Twitter: https://twitter.com/Tradecurveapp Telegram: https://t.me/tradecurve_official Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
15 days ago cryptodaily
Pancakeswap (CAKE) Plummets, Polkadot (DOT) Dips as Sparklo (SPRK) Presale Continues
Cryptocurrency market trends are now showing upward trends as the market is slowly getting back in shape. Investors are making moves and filling their portfolios with the right coin which will likely appreciate as the bull run commences. Although some coins like Polkadot (DOT) and Pancakeswap (CAKE) are not having it easy in the current cryptocurrency market, Sparklo has become largely untroubled even in bearish moments. Sparklo has shown the most promise with analysts predicting a staggering 4,000% increase in value before the end of the year. Pancakeswap (CAKE) plummets amidst bullish call In the wake of cryptocurrencies' bullish trend, Pancakeswap (CAKE) has suffered a dip in price in recent weeks. Pancakeswap which a few months ago strengthened its position in the DeFi world after its partnership with Fewcha wallet as the native swap function has seen its value dip by almost 24.4% in the last 7 days according to Coingecko. Pancakeswap (CAKE) price is $2.5 but experts have predicted that the price will shoot up as the bull run commences with a potential to reach $3.59 before the end of 2023. Although a proposed change to Pancakeswap tokenomics may give it a lifeline, investors should do their own research to take a strong position on Pancakeswap (CAKE). >>>> BUY SPARKLO TOKENS <<< Concern as Polkadot (DOT) Suffers a Dip The 51% increase in Polkadot (DOT) market cap in the first quarter of 2023 has not reflected in the coin market price as it suffers a dip in fortune. While most cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) posted impressive gains, Polkadot (DOT) has plummeted further with a 5.6% decline in value in the past three months. Over the last 7 days, the dip has risen to 11% with a price value of $5.915. Although experts are predicting an upsurge in fortune, with a potential Polkadot (DOT) to reach $15 in 2023. Investors may have to take caution to see how events unfold. Sparklo (SPRK) Revolutionizing Cryptocurrency as Presale Continues Early adopters of Sparklo have been counting their gains as the value of Sparklo rises. Within a week, the coin has risen from $0.015 presale value to $0.017. Sparklo which prides itself as a platform that tokenizes physical assets such as gold, silver and platinum is currently enjoying an upshoot in the market with analysts predicting a whopping 4,000% increase soon. With liquidity that will be locked for 100 years, Sparklo provides an opportunity to have in-store shops where physical gold, silver and platinum will be connected to the crypto market. This will allow investors to buy the physical assets using their minted NFTs. They can also use the minted NFTs to trade on the Sparklo platform with a little $0.01 charge as a transaction fee. Sparklo is likely to be a game changer and the first of its kind in the cryptocurrency market. It is set to take a big leap in the near future. With the current price of $0.017, this is a good time for investors to take advantage of this project. Sparklo is offering a 30% bonus to investors who purchase the coin from now till 5th May. What it means is that if you buy 10000 SPRK now, you will get 13000 in return. And this ends in a few days. So, take advantage of this opportunity and build your crypto portfolio now. Website: https://sparklo.finance Presale: https://invest.sparklo.finance Twitter: https://twitter.com/sparklo_finance Telegram: https://t.me/sparklofinance Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
23 days ago nulltx
Will Filecoin (FIL) And PancakeSwap (CAKE) Pump As Collateral Network (COLT) Gain’s Momentum?
Although the cryptocurrency market was bullish last week, not every coin recorded a significant price increase. Filecoin (FIL) priced up by 9.89% but PancakeSwap (CAKE) dropped by 0.21%.  Interestingly, Collateral Network (COLT), a new player, is taking the market by storm. While it is not certain whether Filecoin (FIL) and PancakeSwap (CAKE) will still go […]
24 days ago nulltx
Uniswap Funds Gauntlet, How Will This Impact PancakeSwap and Collateral Network?
Gauntlet, a project heavily involved in Uniswap (UNI) governance, recently raised $1 billion during its latest funding round. This could have huge long term implications for the success of Uniswap, though it has currently made little short term impact. But what could this mean for the future of PancakeSwap (CAKE) and Collateral Network (COLT)?  >>BUY […]
25 days ago nulltx
Bitcoin (BTC), PancakeSwap (CAKE) Struggle For Growth, Collateral Network (COLT) Outshining Both
This week, cryptocurrency markets have been showing signs of life after a dull weekend. Bitcoin failed to maintain its value around the $30,000 mark, PancakeSwap (CAKE) has announced plans to reduce its inflation target, and Collateral Network (COLT) is predicted to experience a massive 3500% growth before 2024.  Collateral Network (COLT) As altcoins start to […]
25 days ago nulltx
Investors Seeking Growth Abandon Pancake Swap (CAKE) And Uniswap (UNI) For Sparklo (SPRK)
The thrill of investing in a new low-cap cryptocurrency during a bull run is tempting for any crypto investor. With the potential for record-breaking returns, it’s no wonder that investors are increasingly paying attention to the market cap of the cryptos they invest in. Sparklo, a cryptocurrency still in its presale phase, is garnering a […]
26 days ago cryptodaily
Sparklo (SPRK) Causes Excitement While PancakeSwap (CAKE) and Shiba Inu (SHIB) Bring Bad News to Investors
Investing in cryptocurrencies has its good and bad days. Disappointments can come from even the best cryptocurrencies in the industry; just like the current predicament of PancakeSwap (CAKE) and Shiba Inu (SHIB). However, all can&rsquo;t be bad in the industry as new projects like Sparklo keep providing exciting investment opportunities for crypto enthusiasts. PancakeSwap (CAKE) Falls Due To Staking Reward Debate PancakeSwap (CAKE) token holders have become nervous as the community considers modifying the token's economic basis. This has caused the price of PancakeSwap (CAKE) to drop. Even though the proposed modification is likely advantageous for PancakeSwap, the debate has had a particularly negative effect on the price of the cryptocurrency over the past week. Users may trade multiple cryptocurrencies, offer liquidity to trading pools, and earn rewards in the form of PancakeSwap (CAKE) tokens on PancakeSwap because it is a decentralized exchange (DEX). Unfortunately, because of the project's modified economic model, there is a lot of confusion among users. Staking might help PancakeSwap (CAKE) in the long run, but it has a cost because it would restrict how many tokens stakers can obtain. This will subsequently lead to a decline in the incentives for staking. Since then, there has been a decrease in the number of CAKE investors, which has undoubtedly caused the price of PancakeSwap (CAKE) to fall over the previous several days. PancakeSwap (CAKE) is still down more than 23% over the last seven days. The performance of the cryptocurrency for the past month is saddening, as PancakeSwap (CAKE) has lost nearly 30% of its value. Shiba Inu (SHIB) at Risk of Dipping to the $0.000009 Level Shiba Inu (SHIB), the once-popular meme currency, is on the verge of falling below $0.000009 as it battles to maintain its present support. An asset's long-term consolidation at this level typically signals a breakdown. Shiba Inu (SHIB) already tested the $0.000009 price level during a recent period of increased market volatility, when Bitcoin almost immediately lost 9% of its value. Three factors that might pose serious problems for Shiba Inu (SHIB), which has been decreasing over the past several months, are a breach, continuous consolidation, and shaky support. Furthermore, Shiba Inu (SHIB) has had technical difficulties and has been left out of the meme coin market's recent surge. In contrast to other meme currencies, Shiba Inu (SHIB) has not been able to capitalize on the increase in interest in this sector. This absence from the meme coin rally could be detrimental to investor confidence and lead to a possible decline in the price of Shiba Inu (SHIB). >>>> BUY SPARKLO TOKENS <<< Sparklo (SPRK) Continues to Spark Excitement In order to make investing in gold, silver, and platinum simple for investors, Sparklo has developed a novel protocol for the cryptocurrency market. It accomplishes this by employing recently issued, fractionalized NFTs. Upon complete payment for an NFT, the investor would receive the asset (gold, silver, and platinum). Buyers or Investors of Sparklo (SPRK) tokens may feel secure knowing that the team is processing a KYC verification. Plus, the smart contract has successfully passed its audit, and the team plans on locking away liquidity for 100 days. The presale will employ 60% of the 1,000,000,000 tokens that Sparklo is issuing. The token is now only worth $0.015, and buyers will get a 30% bonus on all transactions. It's crucial to keep in mind that by the end of April, one Sparklo token will cost $0.017, as predicted by the industry. Find out more about the Sparklo presale: Website: https://sparklo.finance Presale: https://invest.sparklo.finance Twitter: https://twitter.com/sparklo_finance Telegram: https://t.me/sparklofinance Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
31 day ago cryptodaily
Top 10 PR Agencies in Crypto: Boosting Your Blockchain Business with Expert Communication Strategies
Choosing the right promotion strategy is key to survival in such a highly competitive industry as blockchain and crypto. With the slew of near identical projects teeming on the market, a creative and properly aimed PR approach can mean the difference between standing out from the crowd to grow, or blending in and fading into oblivion. In this material, we will explore the top ten PR agencies specializing on blockchain promotion and single out the factorsprojects have to take into account when selecting the one that will best present their value offering before a target audience, and at the best possible price. BR Group A leading PR agency in blockchain that delivers services across a multitude of industry directions. The agency specializes in software, games, applications, DeFi, liquidity services, exchanges, and many other areas of blockchain space. With over 1100 catered clients in its portfolio, BR Group has the talent and proficiency to service and deliver any kind of PR campaign and promotional strategy, all based on in-depth market analysis and competitive advantage insight. If value is what clients are looking for, they need not look further, as the company is a full-cycle production agency. Providing anything from video production to strategy drawing, BR Group knows how to cater to its clients in a holistic fashion. More importantly, the company places immense emphasis on its reputation and leverages it as a selling point. A reliable partner and one that communicates on an ongoing basis, providing invaluable information and consultations in the process. MarketAcross A premium content marketing provided for startups and blockchain-based projects. The agency has been up and running since 2014 and focuses on content creation and its placement on select and targeted channels for maximum reach and promotion efficiency. Anything from PR and brand reputation to social promotions and SEO is on the list of provided services. The agency has excellent connections with journalists and guarantees delivery of 100% unique content created by talented writers who can produce anything from op-eds and press releases to in-depth analytical materials. A true one-stop-shop for all your content needs. BlockWiz The 70-member strong team at BlockWiz can launch growth marketing efforts to new heights with its talents that include writers, designers and strategists. With over 160 clients catered, including such heavyweights as KuCoin and Bybit, the agency has the reputation to match its impressive lineup of services that stretch across NFTs, metaverses, DeFi, and beyond. The affordable prices make access to consulting services and content creation available to startups of any size that seek an effective balance between quality and price. NinjaPromo An all-in-one place for all marketing needs in blockchain, fintech, crypto and B2B. The agency supports startups and established brands alike in their promotional efforts across a variety of platforms via strategic placement and content creation. The team at NinjaPromo prides itself on its creative approach to solving client needs and offers anything from SEO optimization and social media engagement to PPC media, email and influencer marketing. With community management as the icing on the cake, NinjaPromo is a go-to place for startups that want quality services with a creative flair. Melrose PR This agency truly delivers in terms of press relations, thought leadership and messaging for positioning its clients. The firm focuses on Web3 space startups that seek content creation and promotion in a single package. With its talents aiming to make an impression, clients can expect to receive excellent consultations and feedback on investments. SingleGrain SingleGrain is a mainstay among industry powerhouses through its use of state-of-the-art technology and passionate talents who channel their combined experience into client growth. The agency has been on the market since 2014 and has managed to make a name for itself in such areas as SaaS, CRO, E-Commerce, education, content marketing, and many others. Companies wanting to have their message heard and enjoy the services of a company that deals with the largest players in the industry are on the right track by cooperating with SingleGrain. Coinbound On the market since 2018, the company specializes in influencer marketing and public relations. In addition, it provides social media management, community management, SEO, lead generation and a host of other services. With client success as the key focus of its activities, Coinbound is a common contender for the role of PR agency among startups both at the beginning phase to $1 billion market capitalization. Coinzilla Coinzilla is all about content &ndash; a reliable partner that can help startups create an efficient PR plan, regardless of their budget. The team at the company will help its clients create unique materials and distribute them across select publishers in all tiers. With effective follow-up services, connections to leading media and an excellent team, CoinBuzz is the best place to start for projects willing to make an impression through content marketing. Guerilla Buzz A non-traditional boutique growth agency on the market since 2018. The firm specializes in content marketing and public relations with special focus on creating hype. The team has extensive experience in SEO and community management &ndash; essential ingredients for ensuring exposure. Guerilla Buzz is a reliable partner for solving all manner of promotion tasks and a great place to start creating content that reaches both hearts and minds. Byzantium An experienced team of practitioners in business development, investment, consulting, marketing & PR. The firm has been on the market for a few years and has garnered a name for itself as a place that values its clients as both business entities and individuals. With its heartfelt approach to communication, the company delivers a standard range of PR services. In Summary The blockchain market is teeming with PR agencies, but far not every one of them deserves the attention of both early stage and established startups. When selecting an agency that would handle promotion, startups need to firmly identify the areas they require assistance with and what the core focus of their advertising and marketing campaigns will be. With that mind, and the budget at hand, startups can start forming a short list of candidates among PR agencies based on their experience, the lineup of services, and client reviews. Most importantly, startups must ask for offers based on their requirements and never shy away from embracing a higher price tag if it matches the value delivered. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
31 day ago coindesk
PancakeSwap DAO Votes For “Aggressive Reduction” of CAKE Token Inflation
A vote, which is supposed to end Friday, has seen 70% of the community vote in favor of reducing block rewards drastically over the next few months.
34 days ago cointelegraph
Trust, UX and security in DeFi: Redefining the yield ecosystem with Cake DeFi CEO
To bring about much-needed evolution in DeFi, entrepreneurs will need to rethink business strategies to fit investors’ evolving expectations for more than quick returns.
37 days ago cryptodaily
Massive Pump Incoming For Uwerx (WERX), PancakeSwap (CAKE), and Shiba Inu (SHIB)
The crypto market remains volatile. But analysts have seen signs that indicate a massive pump for Uwerx, PancakeSwap (CAKE), and Shiba Inu (SHIB). Increased DeFi activity and a more risk-on macroeconomic environment are the driving forces behind this predicted surge. Investors who want to capitalize on this incoming rally, need to act fast. Uwerx (WERX)Analysts investigating Uwerx noted two key points: the 25-year liquidity lock following launch and the audits completed by InterFi Network and Solidproof. Two fundamental indicators of a project with a long-term vision. Uwerx leads a paradigm shift for the gig economy and will create an industry-first decentralized freelancing platform. Uwerx will employ blockchain technology to deliver a platform better suited to freelancers, one that is more secure and transparent and does not charge exorbitant platform fees. Upwork made more than $373 million in service fees in 2020, and this heavy bureaucratic attitude with escrow services has harmed the growth of freelancing, making it more difficult for newer players to enter the space. Uwerx will provide an alternative and, as a result, has the potential to become a blue-chip project used by millions worldwide. Some have already stated their expectations for the current presale price of $0.0065 to increase to $7 by the end of 2023. PancakeSwap (CAKE) PancakeSwap (CAKE) is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC) that allows users to trade through the use of liquidity pools. PancakeSwap (CAKE) has displayed steady growth since its launch in 2020. PancakeSwap (CAKE) grew partly because of its speed, and PancakeSwap (CAKE) is one of the fastest DEXs due to its deep liquidity and the BSC network. Increased DeFi activity on the BSC always leads to price appreciation for PancakeSwap (CAKE). The PancakeSwap (CAKE) token is an integral part of the PancakeSwap (CAKE) platform, and holders who lock their tokens receive yield boosts on the core farms. Shiba Inu (SHIB) Shiba Inu (SHIB) has announced the launch of Shibarium, a layer two scaling solution built on Ethereum. Shiba Inu (SHIB) holders have understandably been excited by the news. Shiba Inu (SHIB) will pump on the release, and more importantly, it will add another use case for Shiba Inu (SHIB) tokens. The release of Shiba Inu (SHIB) layer two will further fuel the enormous Shiba Inu (SHIB) token burn. Analysts expect a solid performance in 2023 for Shiba Inu (SHIB) with this continued commitment to development from the team. Breakout Year For Uwerx (WERX)Uwerx will explode in 2023. It provides real-world utility, and coupled with growing DeFi activity and a more risk-on environment; investors should not be surprised when they see the WERX token start rocketing through the rankings. Exclusive to the presale period is a 25% bonus, this bonus will not be available after, so we would definitely say to act quickly getting in.Presale: invest.uwerx.network Telegram: https://t.me/uwerx_network Twitter: https://twitter.com/uwerx_network Website: https://www.uwerx.network/ Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
40 days ago cointelegraph
PancakeSwap wants to cap token inflation rate between 3% to 5% per annum
"Staking Allocation to target approx. 0.35 – 1 CAKE/block instead of 6.65 CAKE/block," developers wrote.
40 days ago coindesk
PancakeSwap Leaders Propose Cutting CAKE Token Inflation Target to 3%-5%
The significant change to CAKE's tokenomics would move PancakeSwap's native token toward a deflationary model.
40 days ago nulltx
TMS Network (TMSN) Outshines XRP (XRP) And Arbitrum (ARB) With $4 Million Investment: Unstoppable in Its Path to Crypto Domination
The cryptocurrency market offers diverse investment opportunities, with projects spanning various industries and technologies. The investment opportunities presented by XRP (XRP) and Arbitrum (ARB) are attractive, but TMS Network (TMSN) takes the cake with its superior profit potential, which has already skyrocketed by 2240%. XRP (XRP): Cross-Border Payments And Financial Institutions XRP (XRP), the native […]
46 days ago cryptopotato
we2net Prepares for its Debut on PancakeSwap on April 15th
[PRESS RELEASE – Please Read Disclaimer] Are you ready to revolutionize your investment opportunities? Look no further than we2net, the future of decentralized finance on Binance Smart Chain. One of the most unique features of we2net is its permission-sharing mechanism, which ensures true decentralization and reduces developer control. Unlike other defi projects that are controlled […]
49 days ago cryptodaily
LayerZero Posts $3 Billion In Valuation, Expands Crosschain Infra
LayerZero Labs, a blockchain infrastructure development firm, recently raised $120 million in a Series B funding round, bringing its valuation to an impressive $3 billion. This signals the increasing significance of multichain use cases and the role LayerZero's messaging protocol plays in the digital asset ecosystem. The impressive valuation underscores the rising importance of interoperability and cross-chain messaging infrastructure in the blockchain space. LayerZero's omnichain protocol enables decentralized application (dApp) developers to access multiple blockchains without relying on intermediaries, which is crucial for the continued growth and expansion of the digital asset ecosystem. Furthermore, this massive funding round occurred during a bear market, demonstrating the resilience of infrastructure-focused projects like LayerZero. LayerZero's technology is poised to have a significant impact on multichain use cases. By facilitating seamless cross-chain messaging across various blockchains, the platform enables the development of more complex applications with greater ease. This expanded functionality can, in turn, drive innovation and adoption of blockchain technology in various industries, including finance, supply chain management, and gaming. As the digital asset ecosystem evolves, the role of LayerZero as a messaging protocol becomes increasingly vital. It has already facilitated over two million messages across more than 30 chains and secured over $7 billion in total value locked. Its protocol is utilized by prominent on-chain applications such as PancakeSwap, SushiSwap, and Uniswap, demonstrating its growing influence in the crypto space. The latest funding round has attracted high-profile investors, including Andreessen Horowitz (a16z), Sequoia Capital, OpenSea Ventures, Circle Ventures, BOND, Christie's, and Samsung Next, among others. This diverse group of backers reflects the widespread belief in the potential of LayerZero's technology to revolutionize the blockchain industry. The funds raised will be used to scale LayerZero Labs, increase headcount, and deepen its presence in the Asia-Pacific region, further cementing its position as a leading messaging protocol. "LayerZero is to blockchains what the internet was to computing clusters. LayerZero allows chains not only to build bridges but (also to) send and execute arbitrary data just like a packet on the internet,&rdquo; shares Bryan Pellegrino, co-founder and CEO of LayerZero Labs. LayerZero Labs' recent $3 billion valuation highlights the growing importance of multichain use cases and the impact of its messaging protocol in the digital asset ecosystem. As LayerZero continues to develop its technology and expand its reach, it is expected to play a central role in shaping the future of blockchain and promoting the development of a truly interconnected digital asset ecosystem. Cross-chain Messaging Protocols: A Step Forward or a Decentralization Dilemma? LayerZero's messaging protocol is undeniably a game-changer in the blockchain industry, as it promotes interoperability and seamless cross-chain messaging across multiple blockchains. This innovation addresses a critical need for decentralized applications (dApps) to thrive, offering developers the tools necessary to deploy projects across a variety of blockchains. On this note, however, it's also key to consider the implications to which such a protocol point for, especially given its relationship with major venture capital firms. The question here is this: what kind of impact does such a relationship have on the general landscape of decentralization? On Blockchain Infrastructure The value of blockchain infrastructure cannot be overstated. It enables trustless, transparent, and secure transactions in various industries, including finance, supply chain management, and gaming. A blockchain's decentralized nature has the potential to shift power away from central authorities and place it back in the hands of individual users. LayerZero's messaging protocol advances this potential by breaking down barriers between different blockchains, allowing for more complex and comprehensive applications to be developed. However, the recent funding round for LayerZero, which attracted major venture capital firms, raises concerns about the ambivalent relationship between decentralized protocols and the traditional world of centralized finance. While the funds will undoubtedly accelerate LayerZero's growth and development, the involvement of prominent investors might create a perception of centralization and potential conflicts of interest. This could undermine the trust that users place in LayerZero's technology, as they may question the company's commitment to decentralization and user autonomy. Balanced Innovation This situation highlights the need to reevaluate the position of decentralization and its tangential relationship to capital. It is crucial to maintain a delicate balance between fostering the growth of decentralized platforms and ensuring that they remain true to their original ethos. This dilemma prompts questions about the extent to which a decentralized protocol can rely on centralized funding sources without compromising its principles. LayerZero's messaging protocol is a remarkable innovation that has the potential to transform the blockchain industry and promote the development of a unified digital asset ecosystem. However, the involvement of major venture capital firms in the project raises concerns about the commitment to decentralization and the potential influence of centralized capital. As the blockchain industry continues to evolve, it is essential to strike a balance between embracing innovation and preserving the core values of decentralization. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Opinions stated herein are solely of the author's, and hence do not represent or reflect CryptoDaily's position on the matter. The author has no influential stakes in any of the digital assets and securities mentioned, and does not have any significant hold of or own any cryptocurrency or token discussed.
55 days ago coindesk
PancakeSwap DEX Launches Version 3 on BNB Chain and Ethereum
V3 brings four different trading fee tiers, 0.01%, 0.05%, 0.25% and 1%, compared with V2's single level of 0.25%.
55 days ago cointelegraph
PancakeSwap changes its recipe with the launch of Version 3
PancakeSwap has released version 3 of its BNB Chain, Aptos and Ethereum-based DeFi platform, touting improved performance and lower fees.

About PancakeSwap?

The live price of PancakeSwap (CAKE) today is 1.792 USD, and with the current circulating supply of PancakeSwap at 209,551,484.51 CAKE, its market capitalization stands at 375,525,072 USD. In the last 24 hours CAKE price has moved 0.1248 USD or 0.08% while 12,671,872 USD worth of CAKE has been traded on various exchanges. The current valuation of CAKE puts it at #103 in cryptocurrency rankings based on market capitalization.

Learn more about the PancakeSwap blockchain network and how it works or follow the price of its native cryptocurrency CAKE and the broader market with our unique COIN360 cryptocurrency heatmap.

PancakeSwap is an automated market maker — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE. PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects.


PancakeSwap Price1.792 USD
Market Rank#103
Market Cap375,525,072 USD
24h Volume17,911,677 USD
Circulating Supply209,551,484.51 CAKE
Max Supply750,000,000 CAKE
Yesterday's Market Cap352,252,685.05 USD
Yesterday's Open / Close1.5562 USD / 1.681 USD
Yesterday's High / Low1.6854 USD / 1.5538 USD
Yesterday's Change
0.08% ( 0.1248 USD )
Yesterday's Volume12,671,871.68 USD
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