CAKE Crypto Price Chart
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CAKE FAQs
What is price prediction 2025 for CAKE Crypto?
CAKE Crypto is predicted to reach $2.80 by the end of 2025, driven by strong volume-driven rallies and ecosystem growth. The token recently surged 62% to $2.74, fueled by over $27 billion in trading volume on PancakeSwap. Technical indicators and Fibonacci levels suggest upward potential, with resistance at $2.59 and $2.69. A higher target of $3.20 is possible if momentum continues.
What is surpport and resistant level for CAKE Crypto?
What is the current price of CAKE Crypto?
What is the market cap of CAKE?
Key Stats
Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as:An exchange to swap tokensA yield farm to earn rewardsSyrup pools to stake CAKE tokensEthereum liquid staking (wBETH) and simple stakingPancake Protectors gamev3 position manager (new feature)A prediction marketInitial Farm Offering (IFO) token launchesA bridge to bridge CAKE to Ethereum and AptosA lotteryAn NFT marketplacePancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called 'Ultrasound CAKE.' The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term.PancakeSwap has an anonymous team of “Chefs,” working in the PancakeSwap “Kitchen.” The platform is open-source and has been audited by multiple reputable blockchain security firms like Peckshield and Slowmist.Although the bear market has impacted TVL and trading volume for the protocol, PancakeSwap still boasts an annualized revenue of $27 million, with 42% of CAKE is staked:
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