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On July 27th, the Pancake (CAKE) price rebounded from the support trendline with a minor star candle pattern. The resulting run-up amid improving market sentiment surged the market price 24% higher and breached the $3.55 and $3.85 resistances.
Decentralized exchange platform PancakeSwap recently completed yet another token burn event. According to a tweet by PancakeSwap, 6,898,491 $CAKE, which is worth about $23 million, were burned during the event.
Uniswap (UNI/USD), THORChain (RUNE/USD), Synthetix Network (SNX/USD), and PancakeSwap (CAKE/USD) are some of the best DEX tokens to get at the end of July. On July 21, 2022, Uniswap welcomed their new VP of Product, Will Ruben, which showcases that their team is expanding rapidly.
It's a brutal bear market for crypto investors as we see prices tumbling down the drains. The negativity can be challenging to escape amid declining portfolio values, and it can be an uncomfortable experience even for the best.
The ever-evolving and high liquidity crypto market is home to a wide range of competent and promising projects.
A weekly report from SentiFi identifies the cryptocurrencies with the most media attention
PancakeSwap today announced the integration of Chainlink Keepers on the BNB Chain mainnet to help secure its CAKE Prediction Market. The new CAKE Prediction Market is similar to the BNB Prediction Market on PancakeSwap, which has turned out to be one of the most popular prediction markets. Using the CAKE Prediction Market, PancakeSwap users will […] The post PancakeSwap integrates Chainlink Keepers for its CAKE Prediction Market appeared first on Invezz.
Decentralised Finance (DeFi) is one of the largest sectors in cryptocurrency and according to DefiLlama, there is currently over $72 billion in DeFi protocols by Total Value of Locked funds (TVL). We look at three cryptocurrencies, DeFi-related protocols, and ecosystems including Mushe (XMU), which includes DeFi features as well as a cryptocurrency adoption via a fiat-to-crypto onramp.
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
The token that fights climate pollution and promotes environmental sustainability
PancakeSwap (CAKE) token has been trading under big selling pressure over the past few weeks. However, the decentralized exchange has come with a new emission reduction proposal which has spiked excitement among the community.
Major BSC-based DEX looks to reduce $CAKE emission
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The last 24 hours have seen significant growth for the PancakeSwap Network. According to data from CoinGecko, the network saw gains of 11% over a 24-hour period.
Mushe Token (XMU), Avalanche (AVAX), and PancakeSwap (CAKE). There is no doubt that the cryptocurrency and DeFi industries are growing rapidly.
On the 6th of June of this year, Binance Labs, the homegrown investment and venture capital unit of Binance, placed their trust in $CAKE- the [...]
When it comes to crypto, it can be difficult to know which projects are worth investing in, especially the newer projects entering the market. Having to consider profitability, scalability, community, and so on, there's a lot to think about before investing.
With so many different projects being launched every week in the crypto world, it can be hard to break through the noise. Despite this, 3 extremely interesting projects have managed to gain a ton of traction recently: Gnox, Pancakeswap and Uniswap. Could GNOX, UNI and CAKE be the next big things in crypto for 2022? …
After Binance Labs established a strategic investment in PancakeSwap, the network's utility and governance token, CAKE, has once soared by nearly 10%.
The world's leading crypto exchange service provider, Binance, announced another new move by its venture arm. Binance revealed that its venture arm, Binance Labs, has purchased a significant stake in PancakeSwap's governance token, CAKE.
PancakeSwap surges 9% as Binance labs make a strategic investment we can see more today in our latest Binance news today. The price of PancakeSwap surges 9% after binance revealed a strategic investment in the platform and now CAKe skyrocketed by about 9% as the exchange revealed a strategic investment in the decentralized exchange.
Binance labs makes strategic investments in pancakeswap and CAKE tokens after announcing via its incubation arm so let's read more today in our latest cryptocurrency news. Binance's venture capital branch announced it invested in cAKE as the utility and government token of PancakeSwap.
Technical Key Point PancakeSwap rise by 7.83% Cake is currently trading at $4.77 PancakeSwap Past Performance PancakeSwap's price has increased by 7.83% in the last 24 hrs, and its volume of trading is $168,344,066.42. The highest price in the last 24 hours was $4.84 while the lowest was $4.34, a difference of $0.50 or 11.77%.
The native token of a decentralized exchange (DEX) is heating up after news broke that it was receiving an investment from the venture capital wing of crypto behemoth Binance. Today, Binance Labs announced it has invested an undisclosed amount in PancakeSwap (CAKE). Binance says the investment will provide both technological and marketing support as part […] The post Binance Triggers Rally for Decentralized Finance Altcoin With Announcement of Strategic Investment appeared first on The Daily Hodl.
