PancakeSwap Price Tops $1.98 on Top Exchanges (CAKE)

PancakeSwap (CAKE) traded 0.4% higher against the dollar during the 24 hour period ending at 13:00 PM ET on July 27th. One PancakeSwap token can currently be purchased for $1.98 or 0.00002889 BTC on exchanges. PancakeSwap has a total market cap of $457.23 million and $17.81 million worth of PancakeSwap was traded on exchanges in the last day. During the last seven days, PancakeSwap has traded down 4.5% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.9% higher against the dollar and now trades at $0.19 or 0.00000272 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 down 2.2% 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 up 0.7% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About PancakeSwap

PancakeSwap launched on September 29th, 2020. PancakeSwap’s total supply is 383,817,829 tokens and its circulating supply is 230,937,598 tokens. The official website for PancakeSwap is pancakeswap.finance. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. The official message board for PancakeSwap is blog.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 possible to purchase alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to acquire PancakeSwap should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PancakeSwap using one of the exchanges listed above.

CAKE/USD price chart by TradingView