PancakeSwap 24 Hour Trading Volume Reaches $196.97 Million (CAKE)

PancakeSwap (CAKE) traded 3.8% higher against the dollar during the 1 day period ending at 20:00 PM E.T. on March 28th. PancakeSwap has a market capitalization of $1.14 billion and approximately $196.97 million worth of PancakeSwap was traded on exchanges in the last day. One PancakeSwap token can currently be purchased for about $4.62 or 0.00006533 BTC on popular exchanges. During the last week, PancakeSwap has traded up 13.2% against the dollar.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 1.8% against the dollar and now trades at $0.45 or 0.00000638 BTC.
• 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.
• 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 up 0.6% against the dollar and now trades at $0.0093 or 0.00000013 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 386,435,966 tokens and its circulating supply is 246,253,186 tokens. PancakeSwap’s official website is 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 message board is blog.pancakeswap.finance. 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 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PancakeSwap using one of the aforementioned exchanges.

CAKE/USD price chart by TradingView