Market Cap: $2.7258T 0.120%
Volume(24h): $73.4951B 63.980%
  • Market Cap: $2.7258T 0.120%
  • Volume(24h): $73.4951B 63.980%
  • Fear & Greed Index:
  • Market Cap: $2.7258T 0.120%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83613.281522 USD

-0.31%

ethereum
ethereum

$1907.196020 USD

-0.12%

tether
tether

$0.999991 USD

-0.02%

xrp
xrp

$2.346667 USD

-0.01%

bnb
bnb

$638.706352 USD

6.12%

solana
solana

$128.851013 USD

-3.46%

usd-coin
usd-coin

$1.000040 USD

0.01%

dogecoin
dogecoin

$0.173959 USD

1.06%

cardano
cardano

$0.724425 USD

-0.57%

tron
tron

$0.214243 USD

-1.65%

pi
pi

$1.351541 USD

-9.35%

unus-sed-leo
unus-sed-leo

$9.827847 USD

0.06%

chainlink
chainlink

$13.795794 USD

-1.22%

toncoin
toncoin

$3.420442 USD

0.21%

stellar
stellar

$0.273472 USD

1.29%

Cryptocurrency News Articles

CAKE Price Pumps 15% as Pancakeswap DEX Leads in 24-Hour Trading Volume

Mar 16, 2025 at 03:48 am

The hike in CAKE price also aligns with Binance's recent $2 billion investment deal with Abu Dhabi's MGX as Pancakeswap is the largest DEX on the Binance exchange owned BNB Chain.

CAKE Price Pumps 15% as Pancakeswap DEX Leads in 24-Hour Trading Volume

The native token of Pancakeswap decentralized exchange (DEX), CAKE has pumped 15% as the DEX leads in 24 hour trading volume.

The hike in CAKE price also aligns with Binance’s recent $2 billion investment deal with Abu Dhabi’s MGX as Pancakeswap is the largest DEX on the Binance exchange owned BNB Chain.

According to DeFillama data, Pancakeswap currently holds the second largest position among DEXs in generating 24 hour trading volume. Earlier today, it was at the first place but Uniswap has now secured the leading place, followed by Solana’s Raydium, Meteora and Orca.

At the time of writing, CAKE price is trading at $1.85 while it has surged as high as $1.93 before an hour. The 24 hour trading volume has also increased by 170% for CAKE as it surged past the weekly high.

Although CAKE price is currently down over 30% in the past month as the crypto market witnessed a massive downtrend on Monday.

Pancakaswap has been a leading BNB Chain DEX since its launch in September 2020. It is currently the most reliable and trustworthy DEX in Binance’s wide ecosystem.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 17, 2025