PancakeSwap (CAKE) Price Hits $1.85

PancakeSwap (CAKE) traded 0.2% lower against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on October 16th. One PancakeSwap token can currently be bought for approximately $1.85 or 0.00002742 BTC on major cryptocurrency exchanges. Over the last seven days, PancakeSwap has traded down 0.7% against the U.S. dollar. PancakeSwap has a market cap of $508.10 million and $24.85 million worth of PancakeSwap was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded up 3.5% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
  • P2P Solutions foundation (P2PS) traded down 0.1% against the dollar and now trades at $168.26 or 0.00249248 BTC.

About PancakeSwap

PancakeSwap was first traded on September 29th, 2020. PancakeSwap’s total supply is 382,425,294 tokens and its circulating supply is 274,500,105 tokens. The official website for PancakeSwap is pancakeswap.finance. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed here. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. PancakeSwap’s official message board is blog.pancakeswap.finance.

According to CryptoCompare, “PancakeSwap is a decentralized exchange that allows for trustless trading of cryptocurrencies and tokenized assets on the Binance Smart Chain. It was created by a team of anonymous developers and is maintained by a decentralized community. PancakeSwap can be used with an Ethereum-compatible wallet and is known for its low fees and fast transaction speeds. To use PancakeSwap, one must connect their wallet, add Binance Coin or another supported cryptocurrency, purchase CAKE, PancakeSwap’s native token, and then use CAKE to trade.”

Buying and Selling PancakeSwap

It is usually not possible to purchase alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to trade PancakeSwap should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PancakeSwap using one of the aforementioned exchanges.

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