PancakeSwap Price Hits $2.60 on Top Exchanges (CAKE)

PancakeSwap (CAKE) traded up 4.6% against the US dollar during the twenty-four hour period ending at 9:00 AM ET on March 18th. One PancakeSwap token can now be bought for about $2.60 or 0.00003153 BTC on popular exchanges. PancakeSwap has a market capitalization of $759.99 million and approximately $892.66 million worth of PancakeSwap was traded on exchanges in the last 24 hours. In the last week, PancakeSwap has traded 73.9% higher against the US dollar.

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

• Taiko (TAIKO) traded down 2.6% against the dollar and now trades at $0.63 or 0.00000763 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $82,718.67 or 1.00326852 BTC.
• SolvBTC (SOLVBTC) traded 0.8% lower against the dollar and now trades at $82,309.98 or 0.99987342 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About PancakeSwap

PancakeSwap launched on September 29th, 2020. PancakeSwap’s total supply is 371,863,788 tokens and its circulating supply is 292,767,992 tokens. PancakeSwap’s official website is pancakeswap.finance. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. The official message board for PancakeSwap 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.

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 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 Gemini, Changelly or GDAX. 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