PancakeSwap (CAKE) Market Cap Reaches $543.72 Million

PancakeSwap (CAKE) traded up 3.9% against the US dollar during the 24 hour period ending at 23:00 PM ET on September 22nd. One PancakeSwap token can now be bought for about $2.01 or 0.00003128 BTC on popular exchanges. PancakeSwap has a market capitalization of $543.72 million and $34.94 million worth of PancakeSwap was traded on exchanges in the last day. During the last seven days, PancakeSwap has traded up 16.6% against the US dollar.

Here is how other cryptocurrencies have performed during the last day:

• 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 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 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.
• MVP Coin (MVP) traded 1.3% lower against the dollar and now trades at $0.0416 or 0.00000065 BTC.
• P2P Solutions foundation (P2PS) traded up 2.6% against the dollar and now trades at $172.25 or 0.00267587 BTC.

PancakeSwap Profile

PancakeSwap’s genesis date was September 29th, 2020. PancakeSwap’s total supply is 382,929,708 tokens and its circulating supply is 270,070,687 tokens. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. 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. 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 presently possible to purchase alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to acquire PancakeSwap should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PancakeSwap using one of the exchanges listed above.

CAKE/USD price chart by TradingView