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PancakeSwap

PancakeSwap CAKE

token
PancakeSwap Price (CAKE)
$2.79
3.89% Buy CAKE

0.0009 ETH

0.0000542 BTC

Low: $2.64
High: $2.85
24h
Market Cap
$655,464,353
3.89%
Fully Diluted Market Cap
$1,255,669,719
3.89%
Volume
24h
$104,769,918
23.09%
Volume / Market Cap
0.1598
Circulating Supply
234,901,706 CAKE
52.20%
Max Supply
450,000,000
Total Supply
385,748,070

PancakeSwap (CAKE) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.29%

Joined at Sep 14, 2020

Following

745

0.00%

Tweet count

10,946

0.46%

PancakeSwap reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official PancakeSwap (CAKE) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

PancakeSwap telegram
Telegram Stats
Visit Telegram

Members

0.70%

Title

PancakeSwap

PancakeSwap traffic
Website Traffic
Visit Website

Website Rating (DR)

90 / 100

0.00%

Ahrefs Rank

1,579

0.38%

Organic Traffic (mo.)

98,773

56.59%

PancakeSwap github
GitHub Organization
Visit GitHub

Public repos

Created at Sep 14, 2020

Type

Organization

PancakeSwap github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official PancakeSwap (CAKE) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 1,957,822

Members: 118,512


Live CAKE Price Analysis

The current real time PancakeSwap price is $2.79, and its trading volume is $104,769,918 in the last 24 hours. CAKE price has grew by 3.89% in the last day, and increased by 0.90% in the last 7 days. It’s important to note that current PancakeSwap market capitalization is $655,464,353, and the maximum supply is 450,000,000 CAKE coins. Talking about circulating supply, CAKE has 234,901,706 coins. Currently, PancakeSwap rank on the market is #108.

PancakeSwap price today is 93.68% below all time high, and it is 1,203,842.34% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling CAKE are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is PancakeSwap (CAKE)?

CAKE is the native BEP-20 token for the PancakeSwap platform. PancakeSwap is an automated market maker (AMM) – an autonomous protocol that’s utilized by decentralized exchange platforms (DEXs) to exchange various tokens by using liquidity pools. PancakeSwap also has the liquidity provider (LP) token known as FLIP. The CAKE price can be observed in the chart above.

PancakeSwap is based on the Binance Smart Chain and allows users to swap various BEP tokens. It’s known for its initial farm offerings (IFOs) – fundraisers where users exchange their liquidity provider tokens for the new project tokens. It’s the largest decentralized exchange on the BSC based on trading volume.

What Is the Story Behind PancakeSwap?

PancakeSwap was launched by a group of developers whose identities remain unknown. The platform was developed to enable trading for BEP-20 and other Binance tokens. It stands as a direct competitor to other AMM platforms such as Uniswap and SushiSwap.

The platform officially launched in September 2020, offering low fees and fast transaction speed. At the time of the release, the CAKE price was valued at around $1 with some fluctuations. The CAKE token supply was initially unlimited.

Since its launch, PancakeSwap has been a volatile asset. Although the asset remained relatively stable during the first few months post-launch, it experienced a sudden increase in market activity in early 2021. This wave reached a significant peak in April of that year when the PancakeSwap price exceeded $44.

What Features Does PancakeSwap Offer?

In May 2022, the CAKE crypto project introduced a hard cap on the token supply, limiting it to 750,000,000. This was done to ensure the asset’s deflation. The value of deflationary assets tends to increase as they become more scarce. Therefore, thanks to different deflationary mechanisms, the CAKE price is likely to rise in the future.

As an automated market maker, PancakeSwap relies on liquidity pools as one of its core mechanisms. As a Proof-of-Stake network, it offers considerably low transaction fees, particularly compared to Proof-of-Work blockchains like Bitcoin and Ethereum.

There are multiple ways for users to earn CAKE coins. The most common method is by injecting liquidity into one of the Syrup Pools. By becoming liquidity providers, users are eligible for rewards. Such rewards help incentivize further contributions to the network.

By injecting liquidity, users receive the liquidity provider token FLIP. CAKE and FLIP tokens are used as an asset to swap for other tokens. Users can swap their assets to acquire both fungible and non-fungible tokens (NFTs). FLIP tokens are a core part of the initial farm offerings (IFOs).

An Initial farm offering is a type of token fundraising mechanism. Here, users can take their FLIP tokens and fund a project of their choice. In return, they receive the new tokens that the project teams are working on.

Users are also able to participate in PancakeSwap crypto lotteries. The platform offers lottery tickets that users can buy with their PancakeSwap coins to increase their earnings. Part of the lottery pool is burned to maintain deflation.

CAKE can also be used as the platform’s governance token. Users can submit their proposals regarding network changes and vote on them as a decentralized autonomous organization (DAO). This ensures network decentralization and transparency for all decisions and changes made.

The platform uses a manual burning system to adjust the PancakeSwap price and supply. Every day a specified amount of CAKE tokens is burned from transactions and the lottery. The burning process is done manually to ensure better accuracy of the process.

The goal of the platform’s token management mechanism is to have a higher deflation than the emission rate. The burning rate is kept relatively low to incentivize users to provide liquidity and guarantee their rewards. A stable emission-burning rate that maintains the platform’s viability can lead to the CAKE price being more acceptable to investors.

What's PancakeSwap trading volume in the last 24 hours?

CAKE has a trading volume of $104,769,918 in the last 24 hours.

What's PancakeSwap highest price ever?

CAKE has a highest price of $44.18, which was reached on Apr 30, 2021 (2 years 9 months ago).

What's PancakeSwap lowest price ever?

CAKE has a lowest price of $0.0002, which was reached on Sep 29, 2020 (3 years 4 months ago).

What are the best exchanges for buying and selling CAKE?

Currently, the most active and dominating exchanges for buying and selling PancakeSwap are Binance, Kraken & Kucoin. The most popular PancakeSwap trading pairs are Cake/vCAKE (on Venus ), CAKE/USDT (on Binance ), Cake/WBNB (on PancakeSwap (V2) ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping CAKE?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping PancakeSwap. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

PancakeSwap project's Circulating Supply has been verified and is equal to:

Circulating Supply

234,901,706 CAKE

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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Current price of PancakeSwap is $2.79

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