PancakeSwap Hits Market Cap of $663.25 Million (CAKE)

PancakeSwap (CAKE) traded down 2.6% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM E.T. on April 17th. PancakeSwap has a total market cap of $663.25 million and $44.39 million worth of PancakeSwap was traded on exchanges in the last 24 hours. During the last week, PancakeSwap has traded down 30.9% against the U.S. dollar. One PancakeSwap token can now be purchased for about $2.66 or 0.00004349 BTC on popular exchanges.

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

• KILT Protocol (KILT) traded 1.5% lower against the dollar and now trades at $0.33 or 0.00000535 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 down 1% against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

PancakeSwap Token Profile

PancakeSwap was first traded on September 29th, 2020. PancakeSwap’s total supply is 384,353,765 tokens and its circulating supply is 248,912,054 tokens. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed here. PancakeSwap’s official message board is blog.pancakeswap.finance. The official website for PancakeSwap 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.”

Buying and Selling PancakeSwap

It is usually not presently possible to buy alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to trade PancakeSwap should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy PancakeSwap using one of the exchanges listed above.

CAKE/USD price chart by TradingView