PancakeSwap (CAKE) Reaches 1-Day Trading Volume of $750.78 Million

PancakeSwap (CAKE) traded up 30% against the dollar during the 1-day period ending at 8:00 AM E.T. on December 4th. During the last week, PancakeSwap has traded 38.2% higher against the dollar. PancakeSwap has a total market cap of $1.18 billion and $750.78 million worth of PancakeSwap was traded on exchanges in the last 24 hours. One PancakeSwap token can now be purchased for $4.12 or 0.00004288 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during 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 (SOLVBTC) traded 1.2% higher against the dollar and now trades at $95,750.67 or 0.99777710 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.2% against the dollar and now trades at $95,563.05 or 0.99582197 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.

About PancakeSwap

PancakeSwap’s launch date was September 29th, 2020. PancakeSwap’s total supply is 381,155,432 tokens and its circulating supply is 286,270,339 tokens. PancakeSwap’s official message board is blog.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. The official website for PancakeSwap is pancakeswap.finance.

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.”

PancakeSwap Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as PancakeSwap directly using US dollars. Investors seeking to acquire PancakeSwap should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. 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