PancakeSwap Price Reaches $1.71 on Major Exchanges (CAKE)

PancakeSwap (CAKE) traded down 0.9% against the dollar during the one day period ending at 17:00 PM ET on November 2nd. In the last week, PancakeSwap has traded down 3% against the dollar. PancakeSwap has a total market capitalization of $473.23 million and approximately $12.61 million worth of PancakeSwap was traded on exchanges in the last day. One PancakeSwap token can now be bought for $1.71 or 0.00002463 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last day:

• 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $69,423.97 or 0.99975579 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% higher against the dollar and now trades at $69,348.08 or 0.99866296 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

PancakeSwap Profile

PancakeSwap’s launch date was September 29th, 2020. PancakeSwap’s total supply is 382,202,724 tokens and its circulating supply is 276,665,163 tokens. The official website for PancakeSwap is pancakeswap.finance. The Reddit community for PancakeSwap is https://reddit.com/r/pancakeswap/ and the currency’s Github account can be viewed here. PancakeSwap’s official Twitter account is @pancakeswap and its Facebook page is accessible here. PancakeSwap’s official message board is blog.pancakeswap.finance.

According to CryptoCompare, “PancakeSwap is a decentralized exchange that allows for trustless trading of cryptocurrencies and tokenized assets on the Binance Smart Chain. It was created by a team of anonymous developers and is maintained by a decentralized community. PancakeSwap can be used with an Ethereum-compatible wallet and is known for its low fees and fast transaction speeds. To use PancakeSwap, one must connect their wallet, add Binance Coin or another supported cryptocurrency, purchase CAKE, PancakeSwap’s native token, and then use CAKE to trade.”

Buying and Selling PancakeSwap

It is usually not presently possible to buy alternative cryptocurrencies such as PancakeSwap directly using U.S. dollars. Investors seeking to trade PancakeSwap should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy PancakeSwap using one of the exchanges listed above.

CAKE/USD price chart by TradingView