PancakeSwap (CAKE) Market Cap Hits $748.36 Million

PancakeSwap (CAKE) traded down 1.8% against the U.S. dollar during the 24 hour period ending at 13:00 PM Eastern on April 24th. In the last seven days, PancakeSwap has traded 12.4% higher against the U.S. dollar. One PancakeSwap token can currently be purchased for about $2.96 or 0.00004553 BTC on exchanges. PancakeSwap has a market cap of $748.36 million and approximately $40.45 million worth of PancakeSwap was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 5.6% lower against the dollar and now trades at $0.32 or 0.00000491 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1% higher against the dollar and now trades at $0.0090 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

PancakeSwap Profile

PancakeSwap was first traded on September 29th, 2020. PancakeSwap’s total supply is 384,250,261 tokens and its circulating supply is 252,931,046 tokens. PancakeSwap’s official message board is blog.pancakeswap.finance. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. The official website for PancakeSwap is pancakeswap.finance. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “PancakeSwap is a decentralized exchange that allows for trustless trading of cryptocurrencies and tokenized assets on the Binance Smart Chain. It was created by a team of anonymous developers and is maintained by a decentralized community. PancakeSwap can be used with an Ethereum-compatible wallet and is known for its low fees and fast transaction speeds. To use PancakeSwap, one must connect their wallet, add Binance Coin or another supported cryptocurrency, purchase CAKE, PancakeSwap’s native token, and then use CAKE to trade.”

Buying and Selling PancakeSwap

It is usually not currently possible to purchase alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to acquire PancakeSwap should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase PancakeSwap using one of the aforementioned exchanges.

CAKE/USD price chart by TradingView