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news-imageDecember 27, 2023

CAKE Price Jumps 21% To Cross $3.50, Can Buyers Reclaim $5?

With the bullish trend continuation gaining momentum, the CAKE price crosses the $3.5 mark. This marks a bullish milestone for the PancakeSwap native token. However, the uptrend struggles to sustain momentum, leading to a quick fallback. The strong trend comes after a reversal from the fake breakdown of a symmetrical triangle pattern.
Publisher: CoinPedia
Sentiment: Positive
CAKE

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PancakeSwap burns CAKE tokens worth $15m

PancakeSwap has seen the price of its native token rise slightly after the multi-chain decentralized exchange announced it had burned more than 9 million of the tokens. The price of PancakeSwap (CAKE) rose by about 2.3% following the announcement.

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PancakeSwap Launches New Platform for DeFi Quests

TL;DR PancakeSwap has launched the beta version of its Quest platform, designed to simplify interaction with quests in the DeFi ecosystem. Quest unifies the management of its campaigns and those of its partners, addressing fragmentation in the DeFi ecosystem.

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PancakeSwap Unveils AI-Powered Ether Prediction Market on Arbitrum with Allora

PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with Allora to Launch AI-Driven Ether Prediction Market on Arbitrum PancakeSwaps AI-powered market now enables Arbitrum users to forecast Ether price fluctuations, utilizing Alloras machine-learning data to ensure precision.

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