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news-imageJune 11, 2023

PancakeSwap price analysis: CAKE offers investing opportunity after falling below $1.5

PancakeSwap price analysis shows an extension of the current bearish run in place, as the token dropped 9 percent over the past 24 hours to drop below its earlier support at $1.5. CAKE has been in a downward trend since April 24 when price was at $3.3, and has since declined more than 45 percent.
Publisher: Cryptopolitan
Sentiment: Negative
CAKE

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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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