PancakeSwap Price Hits $1.68 on Exchanges (CAKE)

PancakeSwap (CAKE) traded up 1.8% against the dollar during the 24 hour period ending at 15:00 PM E.T. on August 19th. During the last seven days, PancakeSwap has traded 7% higher against the dollar. One PancakeSwap token can currently be bought for about $1.68 or 0.00002836 BTC on cryptocurrency exchanges. PancakeSwap has a market capitalization of $414.85 million and $21.40 million worth of PancakeSwap was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 4.9% against the dollar and now trades at $0.0143 or 0.00000024 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.5% lower against the dollar and now trades at $0.0464 or 0.00000079 BTC.

PancakeSwap Profile

PancakeSwap’s genesis date was September 29th, 2020. PancakeSwap’s total supply is 383,378,874 tokens and its circulating supply is 247,566,007 tokens. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed here. PancakeSwap’s official website is pancakeswap.finance. 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 presently possible to buy alternative cryptocurrencies such as PancakeSwap directly using US dollars. Investors seeking to acquire PancakeSwap should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy PancakeSwap using one of the aforementioned exchanges.

CAKE/USD price chart by TradingView