PancakeSwap (CAKE) Price Reaches $2.51

PancakeSwap (CAKE) traded up 2% against the dollar during the 24 hour period ending at 8:00 AM E.T. on September 10th. During the last week, PancakeSwap has traded up 5.5% against the dollar. One PancakeSwap token can now be bought for $2.51 or 0.00002238 BTC on major exchanges. PancakeSwap has a total market cap of $868.37 million and approximately $77.44 million worth of PancakeSwap was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC (SOLVBTC) traded down 0.4% against the dollar and now trades at $112,178.38 or 0.99862042 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% higher against the dollar and now trades at $110,885.54 or 0.98805134 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• P2P Solutions foundation (P2PS) traded 0.2% lower against the dollar and now trades at $392.24 or 0.00349175 BTC.

PancakeSwap Profile

PancakeSwap launched on September 22nd, 2020. PancakeSwap’s total supply is 361,916,319 tokens and its circulating supply is 345,429,965 tokens. PancakeSwap’s official message board is blog.pancakeswap.finance. The official website for PancakeSwap is pancakeswap.finance. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. 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 an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. It is designed to be fast, cheap, allowing anyone to participate.PancakeSwap runs on Binance Smart Chain, a blockchain with lower transaction costs than Ethereum or Bitcoin.Unlike centralized exchanges, PancakeSwap doesn’t hold funds when users trade, giving them 100% ownership of their own crypto.Built on open-source software, the website and all Smart Contracts are publicly visible for maximum transparency.Contracts are verified on BscScan so users know that what they see is what they get.”

Buying and Selling PancakeSwap

It is usually not presently 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 Coinbase, GDAX or Changelly. 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