PancakeSwap Price Hits $1.88 on Top Exchanges (CAKE)

PancakeSwap (CAKE) traded up 0.5% against the US dollar during the 24-hour period ending at 15:00 PM E.T. on October 6th. In the last week, PancakeSwap has traded 12.7% lower against the US dollar. One PancakeSwap token can currently be bought for about $1.88 or 0.00002995 BTC on exchanges. PancakeSwap has a total market cap of $513.07 million and approximately $18.36 million worth of PancakeSwap was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
• 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 2.6% lower against the dollar and now trades at $0.0397 or 0.00000063 BTC.
• P2P Solutions foundation (P2PS) traded 1.7% higher against the dollar and now trades at $158.07 or 0.00252100 BTC.

About PancakeSwap

PancakeSwap was first traded on September 29th, 2020. PancakeSwap’s total supply is 382,660,716 tokens and its circulating supply is 273,221,610 tokens. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed here. The official message board for PancakeSwap is blog.pancakeswap.finance. PancakeSwap’s official website is pancakeswap.finance. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible 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 US dollars. Investors seeking to trade PancakeSwap should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PancakeSwap using one of the aforementioned exchanges.

CAKE/USD price chart by TradingView