PancakeSwap Price Tops $2.93 (CAKE)

PancakeSwap (CAKE) traded 0.3% lower against the US dollar during the 1 day period ending at 12:00 PM ET on May 23rd. During the last seven days, PancakeSwap has traded up 14% against the US dollar. One PancakeSwap token can currently be purchased for about $2.93 or 0.00004306 BTC on major cryptocurrency exchanges. PancakeSwap has a market cap of $768.63 million and $69.45 million worth of PancakeSwap was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 10% lower against the dollar and now trades at $0.27 or 0.00000400 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 up 1.9% 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 down 4.3% against the dollar and now trades at $0.0100 or 0.00000015 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

PancakeSwap Token Profile

PancakeSwap was first traded on September 29th, 2020. PancakeSwap’s total supply is 384,083,454 tokens and its circulating supply is 262,314,111 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 possible to buy alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to trade PancakeSwap should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy PancakeSwap using one of the exchanges listed above.

CAKE/USD price chart by TradingView