PancakeSwap (CAKE) Trading Down 19.1% Over Last 7 Days

PancakeSwap (CAKE) traded down 3% against the US dollar during the 24 hour period ending at 8:00 AM Eastern on December 16th. Over the last seven days, PancakeSwap has traded 19.1% lower against the US dollar. PancakeSwap has a market cap of $926.34 million and approximately $136.26 million worth of PancakeSwap was traded on exchanges in the last 24 hours. One PancakeSwap token can currently be purchased for about $3.21 or 0.00003086 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• 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 down 2.2% 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 1.2% higher 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.
• SolvBTC (SOLVBTC) traded up 1.3% against the dollar and now trades at $103,615.92 or 0.99678617 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.6% higher against the dollar and now trades at $103,570.82 or 0.99635230 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About PancakeSwap

PancakeSwap’s launch date was September 29th, 2020. PancakeSwap’s total supply is 380,879,626 tokens and its circulating supply is 288,806,387 tokens. The official website for PancakeSwap 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 Twitter account is @pancakeswap and its Facebook page is accessible here. PancakeSwap’s official message board is blog.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.”

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 GDAX. 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