- Bullish PancakeSwap (CAKE) price prediction ranges from $3.221 to $7.
- Analysis suggests that the CAKE price might reach above $10 soon.
- „CAKE“ meškų rinkos kainos prognozė 2023 m. yra 3.21 USD.
Išskyrus Bitino (BTC) ir Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies. PancakeSwap (CAKE) is one of them.
PancakeSwap (CAKE) is the most popular decentralized exchange on the BNB Chain. PancakeSwap allows you to trade directly from your wallet without using a centralized exchange. On this exchange, you can swap BEP-20 tokens, stake CAKE in Syrup Pools, lend and offer liquidity on the automated market maker (AMM), participate in IFOs (Initial Farm Offerings), engage in perpetual trading, and buy or sell NFTs via the NFT Marketplace.
If you are interested in the future of CAKE and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading!
PancakeSwap (CAKE) Market Overview
Vardas | Blynų mainai |
Simbolis | pyragas |
rangas | # 71 |
Kaina | $3.92 |
Kainos keitimas (1 val.) | 0.00973% |
Kainos keitimas (24 val.) | -7.05257% |
Kainos pokytis (7 d.) | -11.55829% |
Rinkos kapitalizacija | $652729045 |
Visų laikų aukščiausia | $43.96 |
Visų laikų mažai | $0.194441 |
Cirkuliacinis tiekimas | 166602215.71 pyragas |
Bendras pasiūla | 366858289.873 pyragas |
What Is PancakeSwap (CAKE)?
PancakeSwap yra a decentralizuotas finansavimas application that allows users to trade tokens while generating liquidity through farming and earning fees. It is a decentralized exchange for trading BEP20 tokens on „Binance“ išmanioji grandinė. PancakeSwap utilizes an automated market maker concept in which customers trade against a liquidity pool. These pools are populated by users who deposit funds into the pool in exchange for liquidity provider (LP) tokens.
PancakeSwap also allows users to farm extra tokens such as CAKE and SYRUP. Users can deposit LP tokens on the farm and receive CAKE as a reward. PancakeSwap enables users to trade BEP20 tokens, providing liquidity to the exchange and earning fees, staking LP tokens to create CAKE, staking CAKE to make more CAKE, and staking CAKE to acquire tokens from other projects.
PancakeSwap operates on an automated market maker approach, which means there are no order books, and relies on liquidity pools instead. Users can farm LP tokens and stake their CAKE to win rewards by adding their tokens to the liquidity pool. They can also gamble using lotteries and nepakeičiami žetonai.
On PancakeSwap, users can use CAKE to enter a lottery. Each lottery session has a six-hour duration. A single ticket costs 10 CAKE and contains a random combination of four numbers ranging from 1 to 14; like the jackpot, which is equivalent to 50% of the total lottery pool, the numbers on your ticket must match all four winning numbers.
Users can also earn non-fungible tokens, which they can exchange for CAKE or keep in their wallet. PancakeSwap can be safely held in wallets linked to the Binance Smart Chain. MetaMask, TrustWallet, TokenPocket, and WalletConnect are among them.
Analysts Views on PancakeSwap (CAKE)
According to the analysis of the crypto analyst, the price of $CAKE has encountered a decline and encountered an order block at the previously identified level of 4.109.
Source: https://coinedition.com/pancakeswap-cake-price-prediction/