PancakeSwap Hits Market Capitalization of $579.17 Million (CAKE)

PancakeSwap (CAKE) traded up 0.5% against the US dollar during the 24 hour period ending at 16:00 PM E.T. on June 27th. PancakeSwap has a total market capitalization of $579.17 million and $17.30 million worth of PancakeSwap was traded on exchanges in the last 24 hours. One PancakeSwap token can currently be bought for $2.17 or 0.00003535 BTC on popular cryptocurrency exchanges. Over the last seven days, PancakeSwap has traded down 4.5% against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 3.2% against the dollar and now trades at $0.21 or 0.00000348 BTC.
• 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 down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 0.6% against the dollar and now trades at $0.0112 or 0.00000018 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

PancakeSwap Profile

PancakeSwap’s genesis date was September 29th, 2020. PancakeSwap’s total supply is 383,916,745 tokens and its circulating supply is 266,583,776 tokens. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. The official message board for PancakeSwap is blog.pancakeswap.finance. PancakeSwap’s official website is pancakeswap.finance. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed here.

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 presently possible to buy alternative cryptocurrencies such as PancakeSwap directly using US dollars. Investors seeking to acquire PancakeSwap should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy PancakeSwap using one of the exchanges listed above.

CAKE/USD price chart by TradingView