PancakeSwap (CAKE) Reaches Market Capitalization of $2.89 Billion

PancakeSwap (CURRENCY:CAKE) traded 2.5% higher against the dollar during the 24 hour period ending at 14:00 PM E.T. on January 14th. One PancakeSwap coin can currently be bought for $11.16 or 0.00025901 BTC on exchanges. Over the last week, PancakeSwap has traded up 7.1% against the dollar. PancakeSwap has a total market capitalization of $2.89 billion and approximately $146.59 million worth of PancakeSwap was traded on exchanges in the last day.

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

  • Polygon (MATIC) traded 0.7% higher against the dollar and now trades at $2.31 or 0.00005350 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00002319 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded down 0.3% against the dollar and now trades at $24.83 or 0.00057598 BTC.
  • Crypto.com Coin (CRO) traded 1% lower against the dollar and now trades at $0.46 or 0.00001063 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00002322 BTC.
  • Fantom (FTM) traded 0.2% lower against the dollar and now trades at $2.97 or 0.00006901 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.

About PancakeSwap

CAKE is a coin. It launched on September 29th, 2020. PancakeSwap’s total supply is 258,466,275 coins. PancakeSwap’s official website is pancakeswap.finance. PancakeSwap’s official message board is medium.com/@pancakeswap. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here.

According to CryptoCompare, “PancakeSwap is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. It is designed to be fast, cheap, allowing anyone to participate. “

PancakeSwap Coin Trading

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

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