CAKE Sets Sights For $5 After More Than 7 Million Tokens Are Sent To A Fiery Death

The Pancakeswap token (CAKE) has been one of those cryptocurrencies that have been steadily growing in the background. The popularity of the decentralized exchange (DEX) contributed tremendously to its rise until it took a hit in the bear market like other digital assets.

Timeline of Pancakeswap

PancakeSwap (CAKE) is trading inside a long-term bullish pattern, but it has yet to confirm that it will break out from it. The post PancakeSwap Makes Fifth Attempt at Breakout Following CAKE Burn appeared first on BeInCrypto.

PancakeSwap (CAKE) most recent recovery sped up its bullish momentum as shown in the daily 20 and 50 EMA. PancakeSwap looking bullish CAKE price plunges 3.25% DMI shows neutral With the current economy of cryptocurrencies, traders need to know when it's time to dip their toes and carve their potential to become millionaires.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The recent recovery from the two-month trendline support (white, dashed) evoked a bullish crossover on PancakeSwap's [CAKE] daily 20/50 EMA.

Bitcoin may be the biggest cryptocurrency by popularity and market cap, but are there better alternatives that can produce even bigger gains? Some of the best ICOs have provided massive returns for investors, and IBAT is getting ready for its listing on PancakeSwap (its IDO).

Regardless of prevailing market conditions, DeFi (decentralised finance) continues to swell with more projects being released every day, and the current projects adding new utility. DeFi currently represents a haven for investors; with the current price of crypt assets, not only are they generating yields, but those yields will soar in value in the coming months.

On July 27th, the Pancake (CAKE) price rebounded from the support trendline with a minor star candle pattern. The resulting run-up amid improving market sentiment surged the market price 24% higher and breached the $3.55 and $3.85 resistances.

PancakeSwap today announced the integration of Chainlink Keepers on the BNB Chain mainnet to help secure its CAKE Prediction Market. The new CAKE Prediction Market is similar to the BNB Prediction Market on PancakeSwap, which has turned out to be one of the most popular prediction markets. Using the CAKE Prediction Market, PancakeSwap users will The post PancakeSwap integrates Chainlink Keepers for its CAKE Prediction Market appeared first on Invezz.

PancakeSwap surges 9% as Binance labs make a strategic investment we can see more today in our latest Binance news today. The price of PancakeSwap surges 9% after binance revealed a strategic investment in the platform and now CAKe skyrocketed by about 9% as the exchange revealed a strategic investment in the decentralized exchange.

Technical Key Point PancakeSwap rise by 7.83% Cake is currently trading at $4.77 PancakeSwap Past Performance PancakeSwap's price has increased by 7.83% in the last 24 hrs, and its volume of trading is $168,344,066.42. The highest price in the last 24 hours was $4.84 while the lowest was $4.34, a difference of $0.50 or 11.77%.

The native token of a decentralized exchange (DEX) is heating up after news broke that it was receiving an investment from the venture capital wing of crypto behemoth Binance. Today, Binance Labs announced it has invested an undisclosed amount in PancakeSwap (CAKE). Binance says the investment will provide both technological and marketing support as part The post Binance Triggers Rally for Decentralized Finance Altcoin With Announcement of Strategic Investment appeared first on The Daily Hodl.