PancakeSwap's native token, CAKE, has been on an impressive run, rising 53% in just 24 hours, with its weekly gains pushing past 100%. This surge comes after a brief decline over the last month, sparking speculation about whether the token can maintain its bullish momentum or if it will face a short-term correction.

The recently released Consumer Price Index (CPI) summary shows that inflation has risen marginally, which led Bitcoin to move up in value by single digits. Altcoins, however, experienced more of an impact as BNB price pumped by more than 13% in the last 24 hours.

CZ hinting he will unveil his pet dog's name and likeness has ignited a wave of speculation over the potential launch of a new memecoin.

TL;DR CAKE has risen by 34.9% in 24 hours and over 100% in the last week, reaching $2.87 after a correction phase that brought it close to $1.33. The total value locked (TVL) in the platform has grown by 15.91%, reaching $1.85 billion, with the potential to surpass $2 billion if the trend continues.

PancakeSwap (CAKE), Sonic prev. Fantom (S) and Lido DAO (LDO) are the top gainers among 100 largest cryptocurrencies by market cap. CAKE price has spiked more than 40% in the past 24 hours, while S and LDO have notched +17% and +12% to rank among best performing altcoins today.

The move comes as bitcoin has stuttered around $96,000.

PancakeSwap has pulled off a 52.7% rally in the last 24 hours, fueled by its growing presence in the DeFi space.

PancakeSwap's native token, CAKE, has emerged as the top-performing asset in the past 24 hours. Its value has soared by 57%, causing the altcoin to trade at an all-time high of $3.04 at press time.

Despite bullish momentum, CAKE could experience a brief cooldown. Can the alt resurge after that and sustain its momentum?

Cryptocurrencies displayed optimism on Thursday following Bitcoin's swift rebound after yesterday's US CPI-driven dip below $95K. While top alts Ethereum (+3.55%), XRP (+2.30%), and Dogecoin (+2.80%) recorded significant gains in the past day, PancakeSwap dominated trends. CAKE jumped from its $1.92 opening price to a daily high of $3.2 – a 66.67% jump.

The Binance season is here! The Binance ecosystem tokens, BinanceCoin (BNB) & Pancakeswap (CAKE), skyrocketed, leaving the major cryptos behind. The BNB price surged above $700 with over a 15% rise and flipped Solana to become the 5th largest crypto after BTC, ETH, XRP, & USDT.

The crypto prices on Thursday echoed considerable optimism among traders and investors globally, embarking on rising trajectories. Bitcoin (BTC) price pumped to regain a hold above $97K, whereas Ethereum (ETH), XRP, and Solana (SOL) also traded dominantly in the green territory intraday.

The Binance Coin price has surged and is nearing its all-time high as demand for the token jumps. BNB jumped to a high of $720 on Thursday morning, about 10% below its all-time high of near $800.

PancakeSwap (CAKE) has experienced a remarkable surge of over 100% in the past week, riding on the broader recovery of the BNB ecosystem.

PancakeSwap reached peak volumes in January, extending the heightened activity into the new month. The chain, which lagged during the bear market, is turning into another active hub for meme tokens.

The Four.meme token platform lost $183K in an exploit, pausing PancakeSwap LP trading while on-chain trades remain active.

PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million.

Unlike most smart contract platforms that expose transactional data on-chain, Zano's privacy-preserving approach ensures that contract execution details remain obscured.

PancakeSwap has expanded its advanced trading features to Arbitrum, Linea, and Base. PancakeSwap was able to accomplish these features on Arbitrum (ARB), Linea, and Base by integrating Orbs' dLIMIT and dTWAP protocols, according to a note shared with crypto.news.

The dLIMIT and dTWAP protocols by Orbs are now also supported by the three networks.

Pop star Zayn Malik had the Last of Us-themed birthday cake for his birthday. He shared the eerie Clicker cake with his fans on social media.

PancakeSwap has now burnt a total of 8.9 million CAKE as it looks to enhance ecosystem valuation.

PancakeSwap, the multi-chain decentralized exchange, has successfully burned 9 million of the native token CAKE. The DEX platform, available across multiple chains, including BNB Chain, Ethereum, Aptos, Base, Arbitrum, and Linea, announced the token burn on Jan. 13.

Decentralized exchanges (DEXs) are growing in popularity among crypto users. In the past year, DEXs have generated significant competition for centralized exchanges (CEXs) that currently control trading.

Aerodrome Finance has recently made a major impact in the decentralized finance (DeFi) space by surpassing PancakeSwap in market capitalization. This notable achievement has fueled discussions about the platform's potential to reshape the DeFi landscape and challenge established players like Uniswap.

Aerodrome Finance flips PancakeSwap, signaling a post-crypto crash power shift in DeFi dominance.

Story Highlights The live price of CAKE token is . PancakeSwap price can go as high as $5.99 in 2025. CAKE with a potential surge could go as high as $16.01 by 2030. The ever-evolving crypto space is home to a host of promising and competent projects.

Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform's year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion.

PancakeSwap closes 2024 with unprecedented $310 billion trading volume, showcasing massive growth through Layer-2 networks like Arbitrum and Base, while introducing innovative features like SpringBoard.

PancakeSwap's 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.

Binance announced a significant update to leverage and margin tiers for key cryptocurrencies, including Magic Eden (ME), PancakeSwap (CAKE), and five other crypto. Notably, the other cryptocurrencies are Mines of Dalarnia (DAR), IOTA (IOTA), Livepeer (LPT), Harmony (ONE), and Horizen (ZEN).

GSTechnologies Ltd (LSE:GST)'s wholly owned subsidiary, GS Fintech UAB, has entered into a business purchase agreement to acquire CAKE's business and assets, including the Bake cryptocurrency platform. The acquisition aligns with GST's strategy to enhance the international reach and technological capabilities of its GS20 Exchange.

PancakeSwap (CAKE) is making a return, but will avoid the reward model that will lead to token inflation.

Chef Kids, PancakeSwap's Head Chef, said SpringBoard differentiates itself from alternatives “by offering an all-in-one token launch process.”

BNB Chain launches a Memecoin Daily Airdrop Series, purchasing 33 BNB worth of top memecoins to distribute to BNB and CAKE holders from December 12-19, 2024.

PancakeSwap's daily trading volume reached $1.27 billion on Dec. 4, the highest single-day trading volume the decentralized exchanged has seen since March of this year.

PancakeSwap set a new benchmark in the DeFi space, recording a single-day trading volume of $1.27 billion on December 4.

Whether you're dreaming up a meme coin, building a community token, or starting a DeFi project, SpringBoard makes it simple, fast, and affordable. And the best part?

Key Points:

Pancakeswap's Springboard provides an all-in-one platform for creating and launching tokens on the BNB Chain. Springboard for Tokens on BNB Chain Pancakeswap, a decentralized exchange (DEX) on the BNB Chain has launched Pancakeswap Springboard, a single platform that eliminates the need for coding and enables developers, creators, and projects to quickly deploy their project's tokens.

PancakeSwap expanded into a new user-created meme token launchpad, SpringBoard.

SpringBoard's liquidity pairing mechanism eliminates dependency on external sources.

PancakeSwap, a leader in decentralized finance (DeFi), has unveiled SpringBoard, a streamlined token creation platform designed for the BNB Chain.

PancakeSwap unveiled its SpringBoard platform, enabling seamless token creation on BNB Chain without coding expertise.

PancakeSwap, a well-known DEX on the BNB Chain network, has just introduced a new platform that allows launching a token without code.

Leading DeFi platform PancakeSwap on Wednesday marked a monumental stride, introducing a new token launch portal for BNB Chain, SpringBoard. This new platform is much-touted to be similar to Solana's token launch platform Pumpfun.

Projects can configure and deploy their tokens within minutes without technical skills or coding. The post PancakeSwap Reveals No-Code Token Launchpad Platform ‘SpringBoard' appeared first on Cryptonews.