PancakeSwap Trading Down 27.3% This Week (CAKE)

PancakeSwap (CAKE) traded up 1.4% against the US dollar during the 1-day period ending at 21:00 PM Eastern on April 18th. In the last seven days, PancakeSwap has traded down 27.3% against the US dollar. One PancakeSwap token can now be purchased for approximately $2.73 or 0.00004370 BTC on exchanges. PancakeSwap has a total market cap of $679.74 million and approximately $37.93 million worth of PancakeSwap was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded 2% higher against the dollar and now trades at $0.33 or 0.00000525 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 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.3% higher against the dollar and now trades at $0.0086 or 0.00000014 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 launch date was September 29th, 2020. PancakeSwap’s total supply is 384,353,765 tokens and its circulating supply is 249,174,090 tokens. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. PancakeSwap’s official message board 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 website is pancakeswap.finance.

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 currently possible to buy alternative cryptocurrencies such as PancakeSwap directly using US dollars. Investors seeking to trade PancakeSwap should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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