PancakeSwap Trading Down 1.4% This Week (CAKE)

PancakeSwap (CAKE) traded 4.9% higher against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on October 11th. Over the last seven days, PancakeSwap has traded 1.4% lower against the U.S. dollar. PancakeSwap has a market cap of $516.32 million and $17.86 million worth of PancakeSwap was traded on exchanges in the last day. One PancakeSwap token can now be purchased for approximately $1.85 or 0.00002922 BTC on exchanges.

Here’s how related cryptocurrencies have performed over 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher 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 5.6% higher against the dollar and now trades at $0.0541 or 0.00000086 BTC.
• P2P Solutions foundation (P2PS) traded up 5% against the dollar and now trades at $159.53 or 0.00252402 BTC.

About PancakeSwap

PancakeSwap’s genesis date was September 29th, 2020. PancakeSwap’s total supply is 387,934,495 tokens and its circulating supply is 279,614,844 tokens. PancakeSwap’s official message board 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. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed 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 purchase alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to trade PancakeSwap should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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