PancakeSwap (CAKE) Hits Market Capitalization of $597.94 Million

PancakeSwap (CAKE) traded 0.5% higher against the U.S. dollar during the one day period ending at 15:00 PM ET on February 12th. PancakeSwap has a total market capitalization of $597.94 million and $75.68 million worth of PancakeSwap was traded on exchanges in the last day. During the last seven days, PancakeSwap has traded up 6.9% against the U.S. dollar. One PancakeSwap token can now be purchased for $2.57 or 0.00005163 BTC on exchanges.

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

  • KILT Protocol (KILT) traded down 1% against the dollar and now trades at $0.33 or 0.00000661 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
  • 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.
  • Lego Coin (LEGO) traded up 53.4% against the dollar and now trades at $0.0155 or 0.00000031 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 0.6% higher against the dollar and now trades at $0.0091 or 0.00000019 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

PancakeSwap Token Profile

PancakeSwap’s launch date was September 29th, 2020. PancakeSwap’s total supply is 385,752,236 tokens and its circulating supply is 232,788,515 tokens. The official website for PancakeSwap is pancakeswap.finance. 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. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible 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 trade PancakeSwap should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase PancakeSwap using one of the exchanges listed above.

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