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BakeryToken

BakeryToken priceBAKE

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BakeryToken price calculator

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BAKE
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1 BAKE = 0.2552 USD
Last updated 2024-04-25 14:11:53(UTC-0)

BakeryToken price live data summary

The live price of BakeryToken is $0.2552 per (BAKE / USD) today with a current market cap of $73.96M USD. The 24-hour trading volume is $19.27M USD. BAKE to USD price is updated in real time. BakeryToken is -6.10% in the last 24 hours. It has a circulating supply of 289,770,500 .

What is the highest price of BAKE?

BAKE has an all-time high (ATH) of $8.48, recorded on 2021-05-02.

What is the lowest price of BAKE?

BAKE has an all-time low (ATL) of $0.007567, recorded on 2020-11-07.

BakeryToken price prediction

Set your prediction

When is a good time to buy BAKE? Should I buy or sell now?

When deciding whether to buy or sell BAKE, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget BAKE technical analysis can provide you with a reference for trading.
According to the BAKE 4h technical analysis, the trading signal is Sell.
According to the BAKE 1d technical analysis, the trading signal is Sell.
According to the BAKE 1w technical analysis, the trading signal is Sell.
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BakeryToken price performance in USD

24h7d30d90d1yAll-time
-6.10%+8.55%-44.44%-24.41%+32.36%+254.40%

BakeryToken price history in USD

TimeLowHigh
24h$0.2464$0.2722
7d$0.2197$0.2806
30d$0.1964$0.4875
90d$0.1964$0.5421
1y$0.08259$0.8962
All-time$0.007567(2020-11-07, 3 years ago )$8.48(2021-05-02, 2 years ago )

BakeryToken market information

Market cap
$73,958,935.66
-6.10%
Fully diluted market cap
$73,958,935.66
-6.10%
Volume (24h)
$19,274,708.78
+21.41%
Market rankings
Circulation rate
+99.00%
24h volume / market cap
0.2606
Circulating supply
289,770,500 BAKE
Total supply / Max supply
289,770,511.95 BAKE
-- BAKE

BakeryToken ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

BakeryToken Social Data

In the last 24 hours, the social media sentiment score for BakeryToken was 5, and the social media sentiment towards BakeryToken price trend was Bullish. The overall BakeryToken social media score was 393, which ranks 820 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,318,607 times, with BakeryToken being mentioned with a frequency ratio of 0.01%, ranking 401 among all cryptocurrencies.

In the last 24 hours, there were a total of 526 unique users discussing BakeryToken, with a total of BakeryToken mentions of 80. However, compared to the previous 24-hour period, the number of unique users increase by 66%, and the total number of mentions has increase by 43%.

On Twitter, there were a total of 1 tweets mentioning BakeryToken in the last 24 hours. Among them, 100% are bullish on BakeryToken, 0% are bearish on BakeryToken, and 0% are neutral on BakeryToken.

On Reddit, there were 15 posts mentioning BakeryToken in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 17% . Additionally, there were 0 comments mentioning BakeryToken. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
5
Social score(24h)
393(#820)
Social contributors(24h)
526
+66%
Social mentions(24h)
80(#401)
+43%
Social dominance(24h)
0.01%
Twitter
Tweets(24h)
1
-80%
Twitter sentiment(24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score(24h)
13
Reddit posts(24h)
15
-17%
Reddit comments(24h)
0
0%

About BakeryToken(BAKE)

What Is BakeryToken?

BakeryToken is a fundamental component of BakerySwap, a decentralized automated market-maker (AMM) protocol built on the BNB Chain. Launched in September 2020, BakerySwap distinguishes itself by combining the functionalities of a decentralized exchange (DEX) with a unique focus on non-fungible tokens (NFTs). This integration of DeFi and NFTs positions BakerySwap as a versatile platform in the blockchain ecosystem.

The platform operates without an order book, instead utilizing liquidity pools for token swaps. This approach aligns with the AMM model, where liquidity is provided by users, and prices are determined algorithmically based on supply and demand within each pool. BakeryToken, or BAKE, is the native token of BakerySwap, playing a crucial role in the platform's governance and operational mechanics.

Resources

Official Website: https://www.bakeryswap.org/#/home

How Does BakeryToken Work?

BakeryToken operates at the core of BakerySwap's ecosystem. Users who provide liquidity to the platform's pools are rewarded with liquidity pool tokens (BLPs). These tokens can then be staked to earn BAKE, the platform's native token. BakerySwap charges a transaction fee of 0.30% on trades, with a portion of this fee distributed to liquidity providers and the remainder converted into BAKE tokens, which are then distributed to BAKE holders.

The platform's unique point is its integration of NFTs. BakerySwap hosts the Bakery NFT Supermarket, a marketplace for trading and minting NFTs. This feature not only diversifies the platform's offerings but also attracts a broader audience, including those interested in the burgeoning NFT market. Users can mint NFT Combos by locking up BAKE tokens, which in turn can increase their staking rewards.

What Is BAKE Token?

BAKE is the BEP-20 native token of BakerySwap, serving multiple functions within the platform. It is used for governance, allowing token holders to vote on key decisions and proposals that shape the platform's future. Additionally, BAKE serves as a reward mechanism for liquidity providers and participants in the platform's various staking pools.

What Determines BakeryToken’s Price?

The price of BakeryToken (BAKE), like many cryptocurrencies, is influenced by a complex interplay of factors typical in the blockchain and cryptocurrency markets. Primarily, the demand and supply dynamics within the BakerySwap ecosystem play a crucial role. As BakerySwap's functionalities, particularly in decentralized finance (DeFi) and non-fungible tokens (NFTs), gain traction, the demand for BAKE increases, potentially driving up its price. This demand is often fueled by the platform's innovative features, such as liquidity pools, NFT trading, and staking rewards, which attract both DeFi enthusiasts and NFT collectors. Additionally, the overall performance and adoption rate of the BNB Chain, on which BakerySwap operates, also significantly impact BAKE's value. As BNB Chain becomes more popular due to its low transaction fees and high transaction speed, platforms like BakerySwap, and by extension BAKE, stand to benefit.

Moreover, broader market sentiments and trends in the cryptocurrency world influence BAKE's price. Investor perception, media coverage, and general attitudes towards cryptocurrencies can cause price fluctuations. Regulatory news, technological advancements within the blockchain sector, and developments in competing platforms also play a role. For instance, positive updates or successful partnerships related to BakerySwap can boost investor confidence, leading to a price increase. Conversely, negative news or advancements in rival DeFi platforms can lead to a decrease in BAKE's price. Given the volatile nature of cryptocurrencies, BAKE's price is subject to rapid changes, reflecting the dynamic and often unpredictable nature of the crypto market.

For those interested in investing or trading BakeryToken, one might wonder: Where to buy BAKE? You can purchase BAKE on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Trade BAKE perpetual futures

After having successfully signed up on Bitget and purchased USDT or BAKE tokens, you can start trading derivatives, including BAKE futures and margin trading to increase your income.

The current price of BAKE is $0.2552, with a 24h price change of -6.10%. Traders can profit by either going long or short onBAKE futures.

Join BAKE copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or BAKE tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of BakeryToken.

What is the current price of BakeryToken?

We update our BakeryToken to USD price in real time. Get the live Price of BakeryToken on Bitget.

What is the 24 hour trading volume of BakeryToken?

Over the last 24 hours, the trading volume of BakeryToken is $19.27M.

What is the all-time high of BakeryToken?

The all-time high of BakeryToken is $8.48. This all-time high is highest price for BakeryToken since it was launched.

Can I buy BakeryToken on Bitget?

Yes, BakeryToken is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in BakeryToken?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy BakeryToken with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying BakeryToken online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy BakeryToken, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your BakeryToken purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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BAKE is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support BAKE trades.
You can trade BAKE on Bitget.

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龍蝦阿咪
龍蝦阿咪
insight371/1000
1609.02%
ROI
Total profit $1,479,487.87
long
long
insight995/1000
576.43%
ROI
Total profit $3,809.60
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BNB Smart Chain (BEP20)
0xE02d...68902c5
BNB Smart Chain (BEP20)
BNB Smart Chain (BEP20)
Links
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