PancakeSwap (CAKE) is showing a powerful bullish trend as it tries to break out of the crucial resistance of $3.00, and it may be a turning point for the altcoin after several months of consolidation. The recent price movement indicates a new wave of investor interest and accumulation stages which
1.33% pullback in the crypto market has pushed the assets to sink into the red sea, with neutral sentiment lingering within the market. The major assets have fallen back to their former lows, with the largest asset, Bitcoin, trading at around $104.7K. Meanwhile, PancakeSwap (CAKE) has posted a spike of
CAKE, the native token of PancakeSwap, surged 11% in just 24 hours, climbing from $2.45 to $2.72, fueled by a massive spike in trading volume. According to DeFiLlama, the decentralized exchange posted over $2.2 billion in volume, a jump of more than 37%, overtaking even Uniswap and locking PancakeSwap into
Despite recovering from the market crash, the crypto market remains under a strong bearish grip, with extreme fear lingering within the market. Meanwhile, PancakeSwap (CAKE) has spiked by over 3.29%. The extended bearish pressure has the potential to drive the price back to its former lows. An upturn might emerge
PancakeSwap (CAKE) has declined 10.13% in the last 24 hours, trading at $2.14. The token’s market cap has dropped to $628.3 million, down 10.06%. Trading volume has also decreased by 25.36% to $190.4 million. The fully diluted valuation (FDV) now stands at $964.08 million, with a market cap ratio of
PancakeSwap (CAKE) is heading in the upper direction, surged by 10% in the last 24 hours. It spiked to 59.11% last week showcasing extreme bullishness. The on-chain analysis of CAKE revealed a significant spike in whale activity, which boosted its price. According to the on-chain analytics platform Santiment, PancakeSwap (CAKE)
Despite recovering from a prolonged decline, all major crypto assets remain stuck in a stubborn bearish grip. Meanwhile, PancakeSwap (CAKE) has broken away with a notable 10.17% jump, claiming the top gainer spot. In the early hours, CAKE was under control of the mighty bears, trading at a low of
PancakeSwap price analysis suggests that the CAKE price is presently moving on an uptrend after breaking out of the bear’s stronghold. The price is trading above the 50-day and 200-day EMA levels on the daily timeframe. According to BscScan, CAKE holders are increasing indicating positive momentum. On 4 March 2025,
Following a prolonged phase of selling pressure, crypto assets are briefly bouncing back. Looking at the altcoins, PancakeSwap (CAKE) has jumped 42.63% and stole the top gainer spot. CAKE’s upside correction triggered it to visit a high of $3.18. In the early hours, the asset traded at the lowest price
The value of the native token on PancakeSwap has decreased during the last week. According to CMC, the price of the CAKE token has dropped by around 22.76% over the last week. Since uncertainty surrounds a planned modification to the project’s tokenomics. The BNB Chain is the foundation for PancakeSwap,
