PancakeSwap Price Reaches $3.87 on Exchanges (CAKE)

PancakeSwap (CAKE) traded 5.7% lower against the US dollar during the 24 hour period ending at 22:00 PM E.T. on January 24th. One PancakeSwap token can currently be bought for $3.87 or 0.00017133 BTC on exchanges. PancakeSwap has a total market capitalization of $637.81 million and $71.38 million worth of PancakeSwap was traded on exchanges in the last day. In the last week, PancakeSwap has traded up 2.9% against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 8.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 4.3% lower against the dollar and now trades at $0.0590 or 0.00000261 BTC.
• CareCoin (CARES) traded 4.3% lower against the dollar and now trades at $0.0732 or 0.00000324 BTC.
• OmniaVerse (OMNIA) traded down 43.3% against the dollar and now trades at $0.0020 or 0.00000009 BTC.
• Kitty Inu (KITTY) traded down 4.3% against the dollar and now trades at $90.62 or 0.00400651 BTC.
• Lunar (LNR) traded up 5.1% against the dollar and now trades at $0.0286 or 0.00000127 BTC.
• Hokkaidu Inu (HOKK) traded down 2.8% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• QANplatform (QANX) traded 4.3% lower against the dollar and now trades at $6,361.15 or 0.28122715 BTC.
• 2G Carbon Coin (2GCC) traded down 0.3% against the dollar and now trades at $135.02 or 0.00596925 BTC.
• Lego Coin (LEGO) traded up 4.1% against the dollar and now trades at $0.0419 or 0.00000185 BTC.

PancakeSwap Token Profile

PancakeSwap’s launch date was September 29th, 2020. PancakeSwap’s total supply is 361,826,029 tokens and its circulating supply is 164,747,087 tokens. The official message board for PancakeSwap is medium.com/pancakeswap. 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. The official website for PancakeSwap is pancakeswap.finance.

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 possible to purchase alternative cryptocurrencies such as PancakeSwap directly using US dollars. Investors seeking to acquire PancakeSwap should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase PancakeSwap using one of the exchanges listed above.