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PancakeSwap

PancakeSwap priceCAKE

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PancakeSwap price calculator

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CAKE
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1 CAKE = 2.96 USD
Last updated 2024-05-27 04:31:34(UTC-0)
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PancakeSwap price live data summary

The live price of PancakeSwap is $2.96 per (CAKE / USD) today with a current market cap of $796.29M USD. The 24-hour trading volume is $25.53M USD. CAKE to USD price is updated in real time. PancakeSwap is -0.53% in the last 24 hours. It has a circulating supply of 269,264,930 .

What is the highest price of CAKE?

CAKE has an all-time high (ATH) of $44.18, recorded on 2021-04-30.

What is the lowest price of CAKE?

CAKE has an all-time low (ATL) of $0.0002318, recorded on 2020-09-29.

PancakeSwap price prediction

Set your prediction

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

When deciding whether to buy or sell CAKE, 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 CAKE technical analysis can provide you with a reference for trading.
According to the CAKE 4h technical analysis, the trading signal is Buy.
According to the CAKE 1d technical analysis, the trading signal is Buy.
According to the CAKE 1w technical analysis, the trading signal is Neutral.

What will the price of CAKE be in 2025?

Based on CAKE's historical price performance prediction model, the price of CAKE is projected to reach $4.25 in 2025.

What will the price of CAKE be in 2030?

In 2030, the CAKE price is expected to rise by -18.00%. By the end of 2030, the CAKE price is projected to reach $6.42, with a cumulative ROI of +117.20%.
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PancakeSwap price performance in USD

24h7d30d90d1yAll-time
-0.53%+14.34%+8.74%-8.64%+88.80%+178.01%
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PancakeSwap price history in USD

TimeLowHigh
24h$2.93$3
7d$2.75$3.02
30d$2.38$3.02
90d$2.38$5.22
1y$1.05$5.22
All-time$0.0002318(2020-09-29, 3 years ago )$44.18(2021-04-30, 3 years ago )
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PancakeSwap market information

Market cap
$796,288,980.15
-0.53%
Fully diluted market cap
$1,330,771,364.67
-0.53%
Volume (24h)
$25,534,240.94
-14.69%
Market rankings
Circulation rate
+69.00%
24h volume / market cap
0.032
Circulating supply
269,264,930 CAKE
Total supply / Max supply
389,686,721.51 CAKE
450,000,000 CAKE
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Buy PancakeSwap for 1 USD
A welcome pack worth 1000 USDT for new Bitgetters!
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PancakeSwap ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

PancakeSwap Social Data

In the last 24 hours, the social media sentiment score for PancakeSwap was 2.9, and the social media sentiment towards PancakeSwap price trend was Neutral. The overall PancakeSwap social media score was 9,542,264, which ranks 12 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with PancakeSwap being mentioned with a frequency ratio of 0.18%, ranking 65 among all cryptocurrencies.

In the last 24 hours, there were a total of 6,649 unique users discussing PancakeSwap, with a total of PancakeSwap mentions of 1,884. However, compared to the previous 24-hour period, the number of unique users increase by 6%, and the total number of mentions has decrease by 0%.

On Twitter, there were a total of 116 tweets mentioning PancakeSwap in the last 24 hours. Among them, 0% are bullish on PancakeSwap, 3% are bearish on PancakeSwap, and 97% are neutral on PancakeSwap.

On Reddit, there were 83 posts mentioning PancakeSwap in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 45% .

All social overview

Average sentiment(24h)
2.9
Social score(24h)
9.54M(#12)
Social contributors(24h)
6.65K
+6%
Social mentions(24h)
1.88K(#65)
0%
Social dominance(24h)
0.18%
Twitter
Tweets(24h)
116
+582%
Twitter sentiment(24h)
Bullish
0%
Neutral
97%
Bearish
3%
Reddit
Reddit score(24h)
56
Reddit posts(24h)
83
-45%
Reddit comments(24h)
0
0%

About PancakeSwap(CAKE)

What Is PancakeSwap?

PancakeSwap, a decentralized exchange (DEX) launched in September 2020. It is originally built on the BNB Chain and has expanded to Ethereum and Aptos. The platform was developed by an anonymous team known as the "Chefs". It facilitates the swapping of BEP-20 tokens, offering a user-friendly and efficient alternative to Ethereum-based DEXs. With a strong commitment to innovation and community engagement, PancakeSwap has cultivated a vibrant ecosystem, fostering a decentralized governance model where the community actively participates in shaping its future.

PancakeSwap operates in a decentralized manner, allowing users to trade directly from their wallets without the need for an intermediary. This not only ensures security but also reduces the fees associated with trades. The platform has witnessed exponential growth, with a significant increase in total value locked (TVL), showcasing its potential to revolutionize the financial landscape by offering a plethora of tools and features that cater to both novice and experienced traders.

Resources

Official Documents: https://docs.pancakeswap.finance/

Official website: https://pancakeswap.finance/

How Does PancakeSwap Work?

PancakeSwap utilizes an automated market maker (AMM) model, where users trade against a liquidity pool rather than directly with each other. These liquidity pools are funded by users who deposit their tokens into the pool, earning a share of the trading fees in return. This innovative approach to trading has democratized access to financial services, fostering a more inclusive and efficient trading environment.

The platform offers a diverse range of products including yield farming, syrup pools, and a lottery system, among others. Users can stake their LP tokens in farms to earn CAKE rewards or participate in syrup pools to earn other tokens. Furthermore, PancakeSwap has introduced features like a predictions market and an NFT marketplace, expanding its offerings and catering to a wide array of user preferences. These features, coupled with a community-driven approach to development, have positioned PancakeSwap as a frontrunner in the DeFi space.

What Is The CAKE Token?

The CAKE token, a native BEP-20 token of the PancakeSwap platform, serves multiple functions within the ecosystem. It acts as a governance token, allowing holders to participate in the decision-making process and shape the platform's trajectory. Additionally, CAKE is used as a utility token in various capacities such as purchasing lottery tickets and participating in initial farm offerings (IFOs). The recent update in its tokenomics introduced a cap on the maximum supply at 750 million, aiming to create a sustainable and vibrant ecosystem by incentivizing long-term staking and reducing the circulating supply.

PancakeSwap's Impact on Finance

PancakeSwap's innovative approach and rapid growth have significantly influenced the financial sector. By offering a decentralized platform that combines speed, security, and a wide range of features, it has democratized access to financial services. Its commitment to fostering inclusivity and innovation in the crypto space stands as a testament to the potential of DeFi, paving the way for a financial ecosystem that is transparent, efficient, and accessible to all, thereby leaving an indelible mark on the financial landscape.

What Determines PancakeSwap's Price?

The current PancakeSwap (CAKE) token price is influenced by various factors within the cryptocurrency market, making it a focal point of interest for both traders and investors. Firstly, market demand and supply dynamics play a significant role in determining the CAKE token value. When there's high demand for CAKE tokens but a limited supply, it's not uncommon to see the CAKE token price rise.

Additionally, the overall sentiment in the DeFi (Decentralized Finance) space can significantly impact CAKE's value. Positive news, partnerships, and developments within the PancakeSwap ecosystem often lead to bullish sentiment, potentially driving higher prices. This is why many individuals keenly follow the PancakeSwap (CAKE) latest news.

Traders and investors also closely monitor the technical analysis of CAKE's price chart to make informed decisions regarding their investments. Moreover, the CAKE token's market capitalization, representing its total value in the market, is a crucial factor watched by many market participants.

To predict future CAKE cryptocurrency price predictions, analysts often delve into historical data and price analysis, using various tools to craft reliable CAKE token price forecasts. Keeping an eye on the PancakeSwap (CAKE) price live can be a beneficial strategy for those looking to stay ahead in the ever-changing crypto market.

Conclusion

In conclusion, PancakeSwap has rapidly risen as a prominent decentralized exchange, offering a user-friendly and efficient platform for BEP-20 token swaps. With its community-driven approach, diverse product offerings, and the pivotal CAKE token, PancakeSwap is reshaping the DeFi landscape, making it more accessible and inclusive. Keep an eye on its dynamic CAKE token price and the latest developments, as PancakeSwap continues to leave a lasting impact on the world of cryptocurrency and blockchain.

How to buy PancakeSwap (CAKE)

Buying PancakeSwap on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy PancakeSwap (CAKE) .

Trade CAKE perpetual futures

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

The current price of CAKE is $2.96, with a 24h price change of -0.53%. Traders can profit by either going long or short onCAKE futures.

Join CAKE copy trading by following elite traders.

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

PancakeSwap news

See more
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The cumulative trading volume of PancakeSwap v3 has exceeded 100 billion US dollars

Bitget2024/05/27 03:40
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PancakeSwap: Over 9 million CAKEs have been destroyed, worth about $23 million

Cointime2024/05/20 14:32
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PancakeSwap: More than 9 million CAKEs have been destroyed, worth approximately US$23 million

Bitget2024/05/20 14:20
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PancakeSwap: The cryptocurrencies with the highest annual interest rates are XCAD, NMT, and FOXY respectively

Bitget2024/05/18 13:21
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StakeStone will airdrop 1 million tokens for BNBChain Airdrop Alliance

Bitget2024/05/17 08:52

People are also inquiring about the price of PancakeSwap.

What is the current price of PancakeSwap?

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

What is the 24 hour trading volume of PancakeSwap?

Over the last 24 hours, the trading volume of PancakeSwap is $25.53M.

What is the all-time high of PancakeSwap?

The all-time high of PancakeSwap is $44.18. This all-time high is highest price for PancakeSwap since it was launched.

Can I buy PancakeSwap on Bitget?

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

Can I get a steady income from investing in PancakeSwap?

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

Where can I buy PancakeSwap 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.

Is PancakeSwap a good investment?

Investing in PancakeSwap's CAKE token can be a favorable choice, especially if you aim to generate passive income by putting your holdings to work. Passive Income Potential: CAKE can be used to generate passive income through staking and yield farming on one of the largest decentralized exchanges (DEXs) in the crypto market. Long-Term Investment: CAKE may be a promising long-term hold due to strong project fundamentals and the potential for its price to rise as more users join the platform and engage in trading. Staking Activity: Increased staking activity with the $CAKE token could lead to higher returns on investment. DeFi Interest: The CAKE token's price statistics may benefit from growing interest in decentralized finance (DeFi) within the cryptocurrency community.

What is the use case of PancakeSwap?

PancakeSwap's CAKE token serves various important use cases within its decentralized exchange (DEX) and automated market maker (AMM) ecosystem: Liquidity Provision: CAKE tokens can be used by liquidity providers to add funds to various trading pairs on PancakeSwap. In return, they earn a share of the trading fees generated by those pools. Liquidity Mining Rewards: Users who stake CAKE tokens in the PancakeSwap platform can earn additional CAKE tokens as rewards. This incentivizes users to provide liquidity and participate in the ecosystem. Governance: CAKE holders have the ability to participate in the governance of PancakeSwap. They can propose and vote on changes, upgrades, and new features for the platform. Trading Fee Discounts: Traders can benefit from reduced trading fees on the PancakeSwap platform by holding and using CAKE tokens for fee payment. Lottery Rewards: CAKE tokens are also used for participating in PancakeSwap's lottery, where users have the chance to win additional tokens. NFT Purchases: CAKE can be utilized to participate in NFT (Non-Fungible Token) purchases and transactions on the platform.

What are the key functions of PancakeSwap?

Trade: PancakeSwap, a decentralized application on the BNB Smart Chain, allows users to easily swap cryptocurrencies with low transaction fees, offering a cost-effective alternative to Ethereum-based decentralized exchanges. Earn: Users can stake $CAKE tokens on PancakeSwap to earn attractive returns and make their crypto holdings productive. The platform offers various options, including Syrup Pools, yield farms, and staking in Liquidity Pools (LPs) to earn CAKE and trading fees. Win: PancakeSwap incentivizes engagement through rewards, including lotteries and NFT collectibles. Users can also participate in predicting BNB price changes and maximize yields through lock-staking and the DEX's Pottery feature, enhancing opportunities for earning on CAKE deposits.

Is PancakeSwap safe?

PancakeSwap is a highly secure decentralized exchange (DEX). It's non-custodial, which means it doesn't hold users' assets directly, making it more secure than centralized exchanges. The platform underwent a successful third-party audit by CertiK, a leading cybersecurity firm, confirming its robust security. PancakeSwap has added extra security features and has never experienced a successful hack, establishing itself as a secure DEX.

How can I earn money with PancakeSwap?

PancakeSwap offers innovative income opportunities with its decentralized exchange (DEX). Users can generate profits with lower fees, stake tokens, and participate in yield farming for rewards. Additionally, the platform supports the trading and creation of non-fungible tokens (NFTs), a rapidly growing sector in the blockchain market known for substantial value appreciation, with recent NFT sales reaching millions.

What is the advantage of PancakeSwap's low fee structure?

PancakeSwap stands out for its cost-effective fee structure, setting it apart from Ethereum-based AMMs like Uniswap and SushiSwap. By avoiding reliance on gas prices and leveraging enhanced technical capabilities, PancakeSwap offers users significantly lower transaction costs. In fact, the platform boasts an impressive average transaction fee of just $0.08, making it an attractive choice for cryptocurrency traders and investors.
Buy PancakeSwap for 1 USD
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Cryptocurrency investments, including buying PancakeSwap online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy PancakeSwap, 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 PancakeSwap purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

Trade

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CAKE 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 CAKE trades.
You can trade CAKE on Bitget.

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CAKE/USDT

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