PancakeSwap (CAKE) Reaches One Day Trading Volume of $30.46 Million

PancakeSwap (CAKE) traded up 2.5% against the dollar during the one day period ending at 8:00 AM Eastern on May 9th. PancakeSwap has a total market capitalization of $698.09 million and approximately $30.46 million worth of PancakeSwap was traded on exchanges in the last day. In the last week, PancakeSwap has traded up 5.1% against the dollar. One PancakeSwap token can now be purchased for $2.68 or 0.00004374 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 1% lower against the dollar and now trades at $0.29 or 0.00000481 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 1.5% higher against the dollar and now trades at $0.0104 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

PancakeSwap Profile

PancakeSwap’s genesis date was September 29th, 2020. PancakeSwap’s total supply is 384,068,850 tokens and its circulating supply is 260,799,170 tokens. PancakeSwap’s official website is pancakeswap.finance. 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. 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 buy alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to acquire PancakeSwap should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy PancakeSwap using one of the aforementioned exchanges.

CAKE/USD price chart by TradingView