PancakeSwap (CAKE) Price Hits $1.80 on Major Exchanges

PancakeSwap (CAKE) traded down 3.3% against the US dollar during the 24-hour period ending at 10:00 AM Eastern on December 23rd. In the last seven days, PancakeSwap has traded down 12.4% against the US dollar. One PancakeSwap token can now be purchased for $1.80 or 0.00002064 BTC on popular exchanges. PancakeSwap has a total market capitalization of $604.03 million and $38.50 million worth of PancakeSwap was traded on exchanges in the last 24 hours.

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

• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.1% against the dollar and now trades at $87,784.19 or 0.99677279 BTC.
• SolvBTC (SOLVBTC) traded down 2.7% against the dollar and now trades at $87,471.61 or 1.00354243 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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’s launch date was September 22nd, 2020. PancakeSwap’s total supply is 349,583,626 tokens and its circulating supply is 335,803,230 tokens. The official message board for PancakeSwap is blog.pancakeswap.finance. 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. 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 presently possible to buy alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to acquire PancakeSwap should first buy Ethereum or Bitcoin using an exchange that deals in U.S. 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.

CAKE/USD price chart by TradingView