Crypto news and price of the week for PancakeSwap (CAKE), IOTA (MIOTA) and Tezos (XTZ)

How has the price performance been over the past week for the crypto assets PancakeSwap (CAKE), IOTA (MIOTA) and Tezos (XTZ)? What will be the future performance? A look at the performance and latest news.

Timeline of Pancakeswap, Iota, Tezos

IOTA (MIOTA) price has been on a bullish trajectory since March 29 after the launch of the ShimmerEVM testnet. The bullish trend has, however, received a boost today following the partnership between Shimmer and Multichain (formerly known as Anyswap). At press time, the MIOTA token was trending at $0.

Binance CEO Changpeng Zhao, popularly known as "CZ" said that the crypto space requires more decentralized exchanges. What Happened: According to CZ, DeFi platform PancakeSwap has most of the users while Uniswap has the highest Total Value Locked (TVL).

Tezos [XTZ] registered a massive boost in its social engagement on 2 April 2023 as the metric exceeded the 26 million mark. The primary reason fueling this surge can be Tezos' latest Mumbai Protocol upgrade, which got activated a few days ago.

CAKE Price Prediction: In the weekly time frame chart, the pancakeswap coin price shows several lower price rejection candles at $3.54-$3.5 support indicating the traders are actively accumulating at this level. These bullish reversal signs at the combined support of $3.54-$3.5 and lower support trendline of the inverted pennant pattern indicate the Pancakeswap coin price

PancakeSwap has launched version 3 of its automated market maker platform, featuring lower fees and enhanced capital efficiency. Liquidity providers can now select custom price ranges, allowing specific control over capital investments, and the release also includes four new trading fee tiers.

IOTA, the non-profit organization driving the development of an open, feeless, and highly scalable distributed ledger technology (DLT) for Web3 applications and digital economies, announces the launch of the ShimmerEVM test chain on the Shimmer testnet.

IOTA (IOTA/USD) has recorded a rollercoaster ride in terms of price fluctuations over the past year. The token was trading at $0.79 on 1 March 2022, $0.169 on 1 January 2023, and $0.242 on 1 March 2023.

Tezos, a self-amending proof-of-stake blockchain, has activated its 13th core protocol upgrade, Mumbai, introducing Smart Rollups, a Layer-2 scaling solution, for faster transaction processing speeds.

Tezos (XTZ) has announced that its Mumbai upgrade is now live, bringing many improvements to the blockchain network, including higher scalability, support for general-purpose programming languages, and more.

PancakeSwap [CAKE] is all set to release its latest version on 14 April, which might play a role in increasing the network's transactions. According to Dune, CAKE's number of transactions has taken a sideways path lately.