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With the altcoins' rising rank and a boom in the market cap of major coins, the crypto industry is gaining momentum. Further, as the market approaches $2 Trillion cap, the DEX tokens are resurging back into momentum. With PancakeSwap (CAKE) and Uniswap (UNI) showcasing a trend reversal, the buyers are going out of control.
TL;DR Trader Joe has emerged as the second largest DEX on the Avalanche blockchain, surpassing PancakeSwap in terms of fees generated in the last 24 hours. Its rise is characterized by its trading volume and fee generation, with over $142 million in trading volume processed in the last 24 hours.
In a significant development within the decentralized exchange (DEX) landscape, Trader Joe has emerged as a dominant force on the Avalanche blockchain, surpassing PancakeSwap to claim the title of the second-largest DEX by fees generated in the past 24 hours.
In decentralized finance (DeFi), where innovation is the norm and competition is fierce, establishing a strong brand identity is essential for survival and growth.
CAKE's price declines despite an uptick in PancakeSwap's monthly trading volume.
Latest updates on ADA, CAKE, and ETH coins.
Official announcement from Chainlink for the DEX originally born on BSC
PancakeSwap, a renowned multi-chain decentralized exchange, has announced a substantial token burn. The platform has effectively destroyed 8,740,957 CAKE tokens, a move that has shaken the market and highlighted the exchange's commitment to its long-term strategy and stability.
As we approach 2024, certain tokens are poised to dominate the cryptocurrency market, backed by strong decentralized exchanges. Here are the top five DEX tokens that might supercharge your crypto portfolio in 2024.
The latest news about the SUI, TIA, and CAKE coins.
Turning the slow start of the week into a bullish bounceback, the CAKE price takes a strong bullish stand today. With an intraday growth of 2.19%, the PancakeSwap price action teases a morning star pattern forming at a crucial support level.
In the bustling realm of cryptocurrencies, PancakeSwap, a decentralized exchange (DEX), has seized the spotlight by achieving extraordinary milestones on two prominent blockchain platforms: BNB Chain and Ethereum. These groundbreaking feats in trading volumes mark a significant stride since the launch of its advanced V3 engine, signaling an era of unprecedented growth and innovation within the crypto space.
PancakeSwap, a multi-chain decentralized exchange, recently concluded a vote proposing a reduction in the maximum supply of its native token, CAKE, from 750 million to 450 million. The voting results revealed an overwhelming 97.88% majority in favor of the reduction.
In a landmark decision, decentralized exchange (DEX) PancakeSwap has successfully passed a proposal to reduce the total supply of its native token, CAKE, to a maximum cap of 450 million from 750 million. The proposal, which closed on Dec. 29, garnered an overwhelming 97.
Pancakeswap gains overwhelming community support for 300 million CAKE token supply reduction, bolstering market presence across chains.
Pancakeswap gains overwhelming community support for 300 million CAKE token supply reduction, bolstering market presence across chains.
The Pancakeswap community has sanctioned a governance vote to eliminate 300 million CAKE tokens from the crypto asset's total supply. Records indicate that a substantial 97.88% of community votes supported the reduction of 300 million CAKE, decreasing the total supply from 750 million to 450 million CAKE tokens. Near-Unanimous Vote Cuts CAKE Supply On Dec.
A staggering 98% member of the PancakeSwap community voted in favour of reducing the CAKE supply by 300 million resulting into a strong surge in the CAKE price.
PancakeSwap's proposal to reduce the maximum supply of its native CAKE token from 750 million to 450 million was approved.
PancakeSwap has a new proposal to reduce the total supply of its CAKE token.
PancakeSwap is set to revolutionize the blockchain gaming landscape with its PancakeSwap Gaming Marketplace in a strategic move aimed at harnessing the immense potential of GameF. Multi-Chain ready for a diverse gaming experience PancakeSwap, boasting a staggering 1.5 million active users and over $11 billion in traded volumes, is more than just a decentralized exchange.
Solana's high number of swaps reflected increased demand for its DeFi protocols.
Story Highlights The live price of the CAKE token is . PancakeSwap price can go as high as $5.38 by the end of 2024. CAKE with a potential surge could go as high as $13.89 by the end of 2030. The ever-evolving crypto space is home to a host of promising and competent projects.
The cryptocurrency market has continued to hit new levels since the beginning of 2023 and most recently in the fourth quarter. This bullish outlook can be attributed to the mounting optimism around the beckoning approval of spot Bitcoin exchange-traded funds (ETFs).
