PancakeSwap 24 Hour Trading Volume Reaches $23.53 Million (CAKE)

PancakeSwap (CAKE) traded 4.2% higher against the US dollar during the 1 day period ending at 22:00 PM ET on October 28th. PancakeSwap has a total market capitalization of $506.99 million and $23.53 million worth of PancakeSwap was traded on exchanges in the last day. One PancakeSwap token can currently be purchased for approximately $1.84 or 0.00002579 BTC on exchanges. Over the last week, PancakeSwap has traded down 4.9% against the US dollar.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 4% higher against the dollar and now trades at $70,500.27 or 0.98917362 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.6% higher against the dollar and now trades at $69,649.53 or 0.97723710 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

PancakeSwap Token Profile

PancakeSwap’s genesis date was September 29th, 2020. PancakeSwap’s total supply is 382,202,724 tokens and its circulating supply is 275,827,442 tokens. PancakeSwap’s official website is pancakeswap.finance. PancakeSwap’s official message board is blog.pancakeswap.finance. 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.

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

CAKE/USD price chart by TradingView