PancakeSwap (CAKE) Tops 1-Day Trading Volume of $210.12 Million

PancakeSwap (CAKE) traded 8.3% lower against the dollar during the 1 day period ending at 9:00 AM ET on February 18th. PancakeSwap has a total market cap of $752.16 million and approximately $210.12 million worth of PancakeSwap was traded on exchanges in the last 24 hours. One PancakeSwap token can now be bought for $2.59 or 0.00002691 BTC on popular cryptocurrency exchanges. In the last week, PancakeSwap has traded 33.8% higher against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• 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.
• 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.
• SolvBTC (SOLVBTC) traded 0.1% lower against the dollar and now trades at $96,081.26 or 0.99824117 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0% lower against the dollar and now trades at $95,541.70 or 0.99263538 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About PancakeSwap

PancakeSwap was first traded on September 29th, 2020. PancakeSwap’s total supply is 378,137,895 tokens and its circulating supply is 290,450,726 tokens. PancakeSwap’s official website is 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 message board is blog.pancakeswap.finance. 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 currently possible to purchase alternative cryptocurrencies such as PancakeSwap directly using US dollars. Investors seeking to acquire PancakeSwap should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PancakeSwap using one of the aforementioned exchanges.

CAKE/USD price chart by TradingView