PancakeSwap sees whale interest, but the price pump should not fool investors

PancakeSwap: Whale interest increase, but investors should be cautious PancakeSwap remained popular among the whales. However, the metrics and market indicators gave an ambiguous picture.  PancakeSwap [CAKE] has remained pretty consistent with its burn process, which reflected the token’s deflationary characteristic. The network recently revealed that it burned CAKE worth over $27 million.  🔥 6,992,717 $CAKE just burned – that’s $27M! 💰 Trading fees […]

CAKE enthusiasts can look for these signs to maximize gains on their investments

Santiment analyst Clementllk opined that CAKE’s price was approaching a good buying opportunity. An assessment of the altcoin on a daily chart revealed growing accumulation.  In a 7 January report by Santiment, pseudonymous analyst Clementllk, in an assessment of PancakeSwap’s CAKE token, revealed that the altcoin reached a technical price pattern. This pattern historically indicated […]

Will PancakeSwap’s newfound popularity impact CAKE in the days to come

Can investors expect CAKE to be backed during the closing days of 2022?Primal joined PancakeSwap’s Syrup Pool Farm  Despite updates around the ecosystem, investor concerns still revolve around the future of CAKE PancakeSwap [CAKE] recently announced that Primal, an athlete-fan token project, joined its syrup pool farm starting 28 December. With this new development, users will now be able to stake CAKE in order to earn PRIMAL. […]

Crypto Price Today 12 Dec: Dogecoin, Pancake Swap, Terra Classic, Solana Plunges Yet Again

Crypto Price Today 12 Dec: The crypto market’s big coins have fallen in the last 24 hours, making it a dull day for investors. The market still seems bearish as coins are falling down every other day. In the last 24 hours, Dogecoin has plummeted by 8.96%. Pancake Swap has dipped by 1.95%. Terra Classic

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Cryptocurrency Price Today 9 Dec: Major Coins Trading In Green; Pancake Swap, Ethereum, Shiba Inu Jumps

Cryptocurrency Price Today 9 Dec: Crypto prices are showing recovery with the top coins showing a jump in the last 24 hours. The FTX debacle seems to be settling down, however, the market is still bearish. Pancake Swap has increased by 1.77%. Ethereum has jumped by 4.33%. Shiba Inu has gone up by 1.35%. Fetch.ai

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Explained: What Is PancakeSwap? How Does It Works?

PancakeSwap (CAKE): Decentralized finance, or DeFi, aims to make society more financially inclusive by eliminating the need for intermediaries to facilitate transactions. In the world of DeFi, users are increasingly engaging with autonomous markets powered by blockchain technology, i.e., decentralised exchanges (DEX). In contrast to centralised cryptocurrency exchanges such as Binance and Coinbase, which are run

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PancakeSwap’s progress may not sit well with investors, is CAKE the culprit

CAKE: Investors can expect this after considering these updates CAKE planning to bring a new Syrup Pool/Farm on PancakeSwap However, days ahead might get harder as metrics and indicators were not supportive PancakeSwap [CAKE] recently revealed that they have been working with Hashflow to bring a new syrup pool and farm to PancakeSwap. Before voting on PancakeSwap, the hashflow must receive more than 60% […]

PancakeSwap’s new farm auction updates might bring relief to investors

PancakeSwap's new farm auction updates might bring relief to investorsThere have been some major changes regarding CAKE’s farm auction  Growth noticed in CAKE’s NFT space MVRV Ratio and positive sentiments increased PancakeSwap [CAKE] recently announced its newly adjusted farm auctions, which will take effect from 30 November during CAKE’s 34th farm auction. The exchange’s farm auctions are a highly effective method of boosting project […]

CAKE could be the next favorite item on the investor menu thanks to this…

Investors can expect the CAKE to be baked soon as this looked bullish As of 22 November, 6,928,951 CAKE tokens were burnt PancakeSwap’s RSI and stochastic were in oversold positions PancakeSwap [CAKE] investors could have a reason to celebrate. According to CryptoQuant, CAKE’s Relative Strength Index (RSI) and stochastic were both at oversold positions, which was a major bullish signal. Over the past few weeks, CAKE’s performance didn’t […]