PancakeSwap
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🚀 From CeFi to DeFi: Binance’s Bold Step into Decentralized Finance with #BBCeDeFi Revolution 🌐
Binance, a leader in centralized finance (CeFi), is making waves in the decentralized finance (DeFi) world with its latest innovation: BBCeDeFi. This new project on the Binance Smart Chain (BSC) aims to transform lending, borrowing, and trading, offering crypto users a non-custodial, secure, and user-friendly experience. Here’s what you need to know:
Key Highlights of #BBCeDeFi:
1. Decentralized Lending: Lend and borrow seamlessly, no middlemen involved.
2. Tokenized Assets: Access increased liquidity with tokenized assets.
3. Decentralized Trading: Swap tokens directly without a central exchange.
Why Choose BBCeDeFi on Binance?
Security: Backed by BSC’s robust security.
Low Fees: Pay significantly lower transaction fees.
Ease of Use: A beginner-friendly interface for DeFi newbies.
🚀 New Features: PancakeSwap Mini Program & Binance DeFi Wallet
To bridge CeFi and DeFi, Binance now offers:
PancakeSwap Mini Program: Swap tokens easily via Binance’s mobile app.
Binance DeFi Wallet: A non-custodial wallet for Web3, enabling easy DeFi transitions for users.
As Binance revamps its $BNB Smart Chain and expands its global presence, it’s clear the platform is committed to leading the DeFi revolution. Join the #BBCeDeFi movement and experience the future of decentralized finance on Binance!
Key Highlights of #BBCeDeFi:
1. Decentralized Lending: Lend and borrow seamlessly, no middlemen involved.
2. Tokenized Assets: Access increased liquidity with tokenized assets.
3. Decentralized Trading: Swap tokens directly without a central exchange.
Why Choose BBCeDeFi on Binance?
Security: Backed by BSC’s robust security.
Low Fees: Pay significantly lower transaction fees.
Ease of Use: A beginner-friendly interface for DeFi newbies.
🚀 New Features: PancakeSwap Mini Program & Binance DeFi Wallet
To bridge CeFi and DeFi, Binance now offers:
PancakeSwap Mini Program: Swap tokens easily via Binance’s mobile app.
Binance DeFi Wallet: A non-custodial wallet for Web3, enabling easy DeFi transitions for users.
As Binance revamps its $BNB Smart Chain and expands its global presence, it’s clear the platform is committed to leading the DeFi revolution. Join the #BBCeDeFi movement and experience the future of decentralized finance on Binance!
TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME
#Uniswap #Raydium #PancakeSwap #Aerodrome #Orca #Curve #Cetus #THORChain #LFJ
#Uniswap #Raydium #PancakeSwap #Aerodrome #Orca #Curve #Cetus #THORChain #LFJ
#CAKE Signal : PancakeSwap (CAKE) has piqued traders' interest !
$CAKE
#CAKE
#PancakeSwap
PancakeSwap (CAKE) experienced a 84.70% growth in its rolling 7-day trading volume over the past hour!
November suggest a continuation of the market trend, with a potential price increase to $ 2.29. The expected price range lies between $ 1.913413 and $ 2.69, influenced by last month's market performance. Investors may witness a potential gain of 40.47%, if they decide to buy CAKE at current prices and sell it at target rates.
#PancakeSwap Target Price :
PancakeSwap price target in 14 days: 2.028 USD* upside and 1.760 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Click Here 👉👉 & Don’t miss a thing! Follow us for all of our latest posts and updates!
Donation :
“Please consider donating today to support our mission. Your contribution is crucial and greatly valued.”
USDC:
3iKdRHb1q1ZoJ7DisAFBgjFDNPs45qvvqKvQYqShdGPp
Network : Solana
$CAKE
#CAKE
#PancakeSwap
PancakeSwap (CAKE) experienced a 84.70% growth in its rolling 7-day trading volume over the past hour!
November suggest a continuation of the market trend, with a potential price increase to $ 2.29. The expected price range lies between $ 1.913413 and $ 2.69, influenced by last month's market performance. Investors may witness a potential gain of 40.47%, if they decide to buy CAKE at current prices and sell it at target rates.
#PancakeSwap Target Price :
PancakeSwap price target in 14 days: 2.028 USD* upside and 1.760 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Click Here 👉👉 & Don’t miss a thing! Follow us for all of our latest posts and updates!
Donation :
“Please consider donating today to support our mission. Your contribution is crucial and greatly valued.”
USDC:
3iKdRHb1q1ZoJ7DisAFBgjFDNPs45qvvqKvQYqShdGPp
Network : Solana
🚀 $CAKE /USDT Eyes Higher Levels – Is the Next Big Move Coming? ⚡🎯
PancakeSwap ($CAKE ) is seeing an impressive surge, currently up +7.38% and trading at $1.949. The bullish momentum on the 1-hour chart signals potential for further gains. Here’s what traders should be watching:
🎯 Target 1: $1.985 – The recent 24-hour high. A breakout above this level could attract more bullish momentum, setting the stage for stronger upward movement.
🎯 Target 2: $2.05 – A key psychological resistance. Achieving this level would signify a sustained upward trend and could spark increased buying interest.
🎯 Target 3: $2.20 – The next major challenge that, if broken, could lead to significant bullish acceleration and broader market attention.
Technical Insights:
MA(7): $1.953 – Indicates short-term support and hints at a strong bullish sentiment.
MA(25): $1.879 – Confirms mid-term upward strength.
MA(99): $1.777 – Reinforces a long-term positive trend.
Market Strategy: Traders should watch for a potential break above $1.985 to confirm the continuation of the bullish trend. Keep an eye on volume and RSI indicators to gauge strength and manage positions with stop-loss strategies to mitigate risk.
📈 Stay prepared for $CAKE ’s moves – potential breakout opportunities could be just around the corner!
#Therapydogcoin #PancakeSwap #CryptoGains #BinanceTrading #CAKEBulls
PancakeSwap ($CAKE ) is seeing an impressive surge, currently up +7.38% and trading at $1.949. The bullish momentum on the 1-hour chart signals potential for further gains. Here’s what traders should be watching:
🎯 Target 1: $1.985 – The recent 24-hour high. A breakout above this level could attract more bullish momentum, setting the stage for stronger upward movement.
🎯 Target 2: $2.05 – A key psychological resistance. Achieving this level would signify a sustained upward trend and could spark increased buying interest.
🎯 Target 3: $2.20 – The next major challenge that, if broken, could lead to significant bullish acceleration and broader market attention.
Technical Insights:
MA(7): $1.953 – Indicates short-term support and hints at a strong bullish sentiment.
MA(25): $1.879 – Confirms mid-term upward strength.
MA(99): $1.777 – Reinforces a long-term positive trend.
Market Strategy: Traders should watch for a potential break above $1.985 to confirm the continuation of the bullish trend. Keep an eye on volume and RSI indicators to gauge strength and manage positions with stop-loss strategies to mitigate risk.
📈 Stay prepared for $CAKE ’s moves – potential breakout opportunities could be just around the corner!
#Therapydogcoin #PancakeSwap #CryptoGains #BinanceTrading #CAKEBulls
PancakeSwap $CAKE is a popular DeFi token on the Binance Smart Chain, providing users with access to fast, low-cost decentralized trading, staking, and yield farming. As the native token of PancakeSwap, $CAKE offers unique benefits such as liquidity pool rewards, staking opportunities, and governance rights within the platform. Its close integration with Binance Smart Chain has made $CAKE one of the most active and accessible DeFi tokens, especially for those seeking alternatives to Ethereum-based projects. With its expanding ecosystem and strong community, #CAKE offers exciting potential for investors interested in decentralized finance. Dive into the DeFi world with cake on Binance and enjoy a range of opportunities for growth and rewards.
#CAKE #PancakeSwap #binance #DeFi
#CAKE #PancakeSwap #binance #DeFi
Artifical Intelihence Trend in #Crypto is getting stronger and stronger. Picture with 2 #ai Telegram Bots. One already launched. #GenAI getting listed today 4 PM UTC Time on #PancakeSwap
#bullish
#bullish
Pancake Swap — Voting to Transfer Pools from ApolloX's $APX
The vote proposes to move farm rewards from $APX - $BUSD LP to the new $APX - $BNB LP pool.
ApolloX is a centralized and decentralized (CEX-DEX) hybrid exchange, and $APX is an ApolloX token. It is used for staking and rewarding users.
#PancakeSwap #CryptonResearchBot
ApolloX is a centralized and decentralized (CEX-DEX) hybrid exchange, and $APX is an ApolloX token. It is used for staking and rewarding users.
#PancakeSwap #CryptonResearchBot
#Binance #PancakeSwap
PancakeSwap is a decentralized exchange built on the Binance Smart Chain,which is an alternative blockchain to Ethereum.It operates similarly to other DEXs like Uniswap,allowing users to swap different cryptocurrencies without the need for an intermediary.
PancakeSwap is a decentralized exchange built on the Binance Smart Chain,which is an alternative blockchain to Ethereum.It operates similarly to other DEXs like Uniswap,allowing users to swap different cryptocurrencies without the need for an intermediary.
Top #BNBChain Projects Capturing the Greatest Social Volume
$QUACK @RichQuack
$CAKE #PancakeSwap
$GAL @Galxe
$BABYDOGE @BabyDogeCoin
#FLOKI @RealFlokiInu
$SFUND @SeedifyFund
$KIBA @KibaInuWorld
$CFX @Conflux_Network
$VINU @VitaInuCoin
$INJ @Injective_
#BNB #WEB3
$QUACK @RichQuack
$CAKE #PancakeSwap
$GAL @Galxe
$BABYDOGE @BabyDogeCoin
#FLOKI @RealFlokiInu
$SFUND @SeedifyFund
$KIBA @KibaInuWorld
$CFX @Conflux_Network
$VINU @VitaInuCoin
$INJ @Injective_
#BNB #WEB3
Pancake Swap — Added Syrup pool with $MGP for 7 days
Today at 09:00 (UTC), a limited pool with rewards in $MGP tokens started, the maximum amount of staking per user is $100 CAKE. Pool Details:
stake $CAKE (max 100) to farm $MGP
#PancakeSwap #CryptonResearchBot
Today at 09:00 (UTC), a limited pool with rewards in $MGP tokens started, the maximum amount of staking per user is $100 CAKE. Pool Details:
stake $CAKE (max 100) to farm $MGP
#PancakeSwap #CryptonResearchBot
PancakeSwap (CAKE) Price Prediction 2023 — Will CAKE Hit $5 Soon?
Bullish CAKE price prediction 2023 is $3.911 to $4.940.
PancakeSwap (CAKE) price might also reach $ 5 soon.
Bearish CAKE price prediction for 2023 is $2.498.
In PancakeSwap (CAKE) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about CAKE to analyze the future movement of the cryptocurrency.
PancakeSwap (CAKE) Current Market Status
Current Price $3.79 24 – Hour Trading Volume $50,184,612 24 – Hour Price Change 0.5% down Circulating Supply 185,936,729 All – Time High $43.96 (On April 30, 2021)
CAKE Current Market Status (Source: CoinGecko) What is PancakeSwap (CAKE)?
A decentralized finance (DeFi) protocol called PancakeSwap is an automated market maker (AMM) that enables users to trade tokens, leasing out liquidity in exchange for commissions. It was launched in 2020 and is a decentralized exchange for trading BEP20 tokens on Binance Smart Chain. Users of PancakeSwap can trade against a liquidity pool using an automated market maker methodology. Users fill these pools by contributing money, in exchange for which they are given liquidity provider (LP) tokens.
Token swaps, liquidity, provision, and farming, staking perpetual trading, lottery, NFT marketplace, and launchpad are the various features that PancakeSwap offers to its users. It is one of the few DEXs that gives users access to a range of financial products in a single interface for a more well-rounded DeFi experience.
Users of PancakeSwap can additionally farm the additional tokens – CAKE and SYRUP. Users can deposit LP tokens, by looking them up in a process that rewards users with CAKE. Users can bet CAKE tokens to acquire SYRUP, which also serves as a governance token within the exchange.
PancakeSwap (CAKE) Price Prediction 2023
PancakeSwap (CAKE) holds the 67th position on CoinGecko right now. CAKE price prediction 2023 is explained below with a daily time frame.
CAKE /USDT Ascending Triangle Pattern (Source: Tradingview )
The above chart of PancakeSwap (CAKE) laid out an ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.
If the trend breaks out at the resistance level, the price will continue to move up in this ascending triangle pattern.
Currently, PancakeSwap (CAKE) is in the range of $3.79. If the pattern continues, the price of CAKE might reach the resistance level of $5.037, & $9.461. If the trend reverses, then the price of CAKE may fall to $3.150, and $2.490.
PancakeSwap (CAKE) Support and Resistance Levels
The chart below shows the support and resistance levels of PancakeSwap (CAKE) .
CAKE /USDT Support and Resistance Levels (Source: Tradingview
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for PancakeSwap (CAKE).
Resistance Level 1 $3.911 Resistance Level 2 $4.940 Support Level 1 $3.120 Support Level 2 $2.498
CAKE Resistance & Support Level
The charts show that PancakeSwap (CAKE) has performed a bullish trend over the past month. If this trend continues, CAKE might run along with the bulls overtaking its resistance level at $4.940.
Accordingly, if the investors turn against crypto, the price of PancakeSwap (CAKE) might plummet to almost $2.498, a bearish signal.
PancakeSwap (CAKE) Price Prediction 2023 — RVOL, MA, and RSI
The Relative Volume (RVOL) of PancakeSwap (CAKE) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of CAKE lies below the cutoff line, indicating weak participants in the current trend.
CAKE /USDT RVOL, MA, RSI (Source: Tradingview )
Also, the Moving Average (MA) of PancakeSwap (CAKE) is shown in the chart above. Notably, PancakeSwap (CAKE) price lies below 50 MA (short-term), so it is on a downward trend. Currently, CAKE has entered a bearish state. Therefore, there is a possibility of a reversal trend of CAKE at any time.
Meanwhile, the relative strength index (RSI) of the CAKE is 48.64. This means that PancakeSwap (CAKE) is neither overbought nor oversold state. However, this means a major price reversal of CAKE may occur in the upcoming days. So, traders need to trade carefully.
PancakeSwap (CAKE) Price Prediction 2023 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of PancakeSwap (CAKE). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
CAKE /USDT ADX, RVI (Source: Tradingview )
The above chart represents the ADX of PancakeSwap (CAKE). Currently, the ADX of CAKE lies in the range of 25.352 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of PancakeSwap (CAKE). RVI measures the constant deviation of price changes over a period of time. The RVI of CAKE lies below 50, indicating low volatility. In fact, the RSI of PancakeSwap (CAKE) is at 48.64 thus confirming a potential sell signal.
Comparison of CAKE with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and PancakeSwap (CAKE).
BTC Vs ETH Vs CAKE Price Comparison (Source: Tradingview )
From the above chart, we can interpret that the price action of CAKE is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases or decreases, the price of CAKE also increases or decreases respectively.
PancakeSwap (CAKE) Price Prediction 2024-2030
Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of PancakeSwap (CAKE) between 2024 and 2030.
PancakeSwap (CAKE) Price Prediction 2024
If the declining price action completely slows down in momentum and the trend reverses, PancakeSwap (CAKE) might probably attain $9 by 2024.
PancakeSwap (CAKE) Price Prediction 2025
With several upgrades in the network, PancakeSwap (CAKE) might enter a bullish trajectory. If the coin grabs the attention of major investors, CAKE might rally to hit $11 by 2025.
PancakeSwap (CAKE) Price Prediction 2026
If PancakeSwap (CAKE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, CAKE would rally to hit $15.
PancakeSwap (CAKE) Price Prediction 2027
If PancakeSwap (CAKE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, CAKE would rally to hit $20.
PancakeSwap (CAKE) Price Prediction 2028
If PancakeSwap (CAKE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, CAKE would rally to hit $25.
PancakeSwap (CAKE) Price Prediction 2029
PancakeSwap (CAKE) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, CAKE would hit $28 in 2029.
PancakeSwap (CAKE) Price Prediction 2030
If investors flock in and continue to place their bets on PancakeSwap (CAKE), it would witness major spikes. CAKE might hit $32 by 2030.
Conclusion
With continuous improvements in the PancakeSwap network, we can say that 2023 is a good year for CAKE. For this reason, the bullish price prediction of PancakeSwap (CAKE) in 2023 is $4.940. On the other hand, the bearish price prediction of PancakeSwap (CAKE) for 2023 is $2.498.
Furthermore, with the advancements and upgrades to the PancakeSwap ecosystem, the performance of CAKE would help to reach above its current all-time high (ATH) of $43.96 very soon. But, it might also reach $5 if the investors believe that CAKE is a good investment in 2023.
FAQ
1. What is PancakeSwap (CAKE)?
PancakeSwap(CAKE) is the native utility token of PancakeSwap. PancakeSwap is a decentralized exchange (DEX) native to the Binance Smart chain.
2. Where can you purchase PancakeSwap (CAKE)?
PancakeSwap (CAKE) has been listed on many crypto exchanges which include Binance, Huobi, PancakeSwap, KuCoin, and Bybit.
3. Will PancakeSwap (CAKE) reach a new ATH soon?
With the ongoing developments and upgrades within the PancakeSwap Platform, CAKE has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of PancakeSwap (CAKE)?
On April 30, 2021, PancakeSwap (CAKE) reached its new all-time high (ATH) of $43.96.
5. Is PancakeSwap (CAKE) a good investment in 2023?
PancakeSwap (CAKE) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of PancakeSwap in the past few months, CAKE is considered a good investment in 2023.
6. Can PancakeSwap (CAKE) reach $5?
PancakeSwap (CAKE) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then PancakeSwap (CAKE) will hit $5 soon.
7. What will be PancakeSwap (CAKE) price by 2024?
PancakeSwap (CAKE) price is expected to reach $9 by 2024.
8. What will be PancakeSwap (CAKE) price by 2025?
PancakeSwap (CAKE) price is expected to reach $11 by 2025.
9. What will be PancakeSwap (CAKE) price by 2026?
PancakeSwap (CAKE) price is expected to reach $15 by 2026.
10. What will be PancakeSwap (CAKE) price by 2027?
PancakeSwap (CAKE) price is expected to reach $20 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
PancakeSwap (CAKE) price might also reach $ 5 soon.
Bearish CAKE price prediction for 2023 is $2.498.
In PancakeSwap (CAKE) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about CAKE to analyze the future movement of the cryptocurrency.
PancakeSwap (CAKE) Current Market Status
Current Price $3.79 24 – Hour Trading Volume $50,184,612 24 – Hour Price Change 0.5% down Circulating Supply 185,936,729 All – Time High $43.96 (On April 30, 2021)
CAKE Current Market Status (Source: CoinGecko) What is PancakeSwap (CAKE)?
A decentralized finance (DeFi) protocol called PancakeSwap is an automated market maker (AMM) that enables users to trade tokens, leasing out liquidity in exchange for commissions. It was launched in 2020 and is a decentralized exchange for trading BEP20 tokens on Binance Smart Chain. Users of PancakeSwap can trade against a liquidity pool using an automated market maker methodology. Users fill these pools by contributing money, in exchange for which they are given liquidity provider (LP) tokens.
Token swaps, liquidity, provision, and farming, staking perpetual trading, lottery, NFT marketplace, and launchpad are the various features that PancakeSwap offers to its users. It is one of the few DEXs that gives users access to a range of financial products in a single interface for a more well-rounded DeFi experience.
Users of PancakeSwap can additionally farm the additional tokens – CAKE and SYRUP. Users can deposit LP tokens, by looking them up in a process that rewards users with CAKE. Users can bet CAKE tokens to acquire SYRUP, which also serves as a governance token within the exchange.
PancakeSwap (CAKE) Price Prediction 2023
PancakeSwap (CAKE) holds the 67th position on CoinGecko right now. CAKE price prediction 2023 is explained below with a daily time frame.
CAKE /USDT Ascending Triangle Pattern (Source: Tradingview )
The above chart of PancakeSwap (CAKE) laid out an ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.
If the trend breaks out at the resistance level, the price will continue to move up in this ascending triangle pattern.
Currently, PancakeSwap (CAKE) is in the range of $3.79. If the pattern continues, the price of CAKE might reach the resistance level of $5.037, & $9.461. If the trend reverses, then the price of CAKE may fall to $3.150, and $2.490.
PancakeSwap (CAKE) Support and Resistance Levels
The chart below shows the support and resistance levels of PancakeSwap (CAKE) .
CAKE /USDT Support and Resistance Levels (Source: Tradingview
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for PancakeSwap (CAKE).
Resistance Level 1 $3.911 Resistance Level 2 $4.940 Support Level 1 $3.120 Support Level 2 $2.498
CAKE Resistance & Support Level
The charts show that PancakeSwap (CAKE) has performed a bullish trend over the past month. If this trend continues, CAKE might run along with the bulls overtaking its resistance level at $4.940.
Accordingly, if the investors turn against crypto, the price of PancakeSwap (CAKE) might plummet to almost $2.498, a bearish signal.
PancakeSwap (CAKE) Price Prediction 2023 — RVOL, MA, and RSI
The Relative Volume (RVOL) of PancakeSwap (CAKE) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of CAKE lies below the cutoff line, indicating weak participants in the current trend.
CAKE /USDT RVOL, MA, RSI (Source: Tradingview )
Also, the Moving Average (MA) of PancakeSwap (CAKE) is shown in the chart above. Notably, PancakeSwap (CAKE) price lies below 50 MA (short-term), so it is on a downward trend. Currently, CAKE has entered a bearish state. Therefore, there is a possibility of a reversal trend of CAKE at any time.
Meanwhile, the relative strength index (RSI) of the CAKE is 48.64. This means that PancakeSwap (CAKE) is neither overbought nor oversold state. However, this means a major price reversal of CAKE may occur in the upcoming days. So, traders need to trade carefully.
PancakeSwap (CAKE) Price Prediction 2023 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of PancakeSwap (CAKE). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
CAKE /USDT ADX, RVI (Source: Tradingview )
The above chart represents the ADX of PancakeSwap (CAKE). Currently, the ADX of CAKE lies in the range of 25.352 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of PancakeSwap (CAKE). RVI measures the constant deviation of price changes over a period of time. The RVI of CAKE lies below 50, indicating low volatility. In fact, the RSI of PancakeSwap (CAKE) is at 48.64 thus confirming a potential sell signal.
Comparison of CAKE with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and PancakeSwap (CAKE).
BTC Vs ETH Vs CAKE Price Comparison (Source: Tradingview )
From the above chart, we can interpret that the price action of CAKE is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases or decreases, the price of CAKE also increases or decreases respectively.
PancakeSwap (CAKE) Price Prediction 2024-2030
Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of PancakeSwap (CAKE) between 2024 and 2030.
PancakeSwap (CAKE) Price Prediction 2024
If the declining price action completely slows down in momentum and the trend reverses, PancakeSwap (CAKE) might probably attain $9 by 2024.
PancakeSwap (CAKE) Price Prediction 2025
With several upgrades in the network, PancakeSwap (CAKE) might enter a bullish trajectory. If the coin grabs the attention of major investors, CAKE might rally to hit $11 by 2025.
PancakeSwap (CAKE) Price Prediction 2026
If PancakeSwap (CAKE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, CAKE would rally to hit $15.
PancakeSwap (CAKE) Price Prediction 2027
If PancakeSwap (CAKE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, CAKE would rally to hit $20.
PancakeSwap (CAKE) Price Prediction 2028
If PancakeSwap (CAKE) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, CAKE would rally to hit $25.
PancakeSwap (CAKE) Price Prediction 2029
PancakeSwap (CAKE) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, CAKE would hit $28 in 2029.
PancakeSwap (CAKE) Price Prediction 2030
If investors flock in and continue to place their bets on PancakeSwap (CAKE), it would witness major spikes. CAKE might hit $32 by 2030.
Conclusion
With continuous improvements in the PancakeSwap network, we can say that 2023 is a good year for CAKE. For this reason, the bullish price prediction of PancakeSwap (CAKE) in 2023 is $4.940. On the other hand, the bearish price prediction of PancakeSwap (CAKE) for 2023 is $2.498.
Furthermore, with the advancements and upgrades to the PancakeSwap ecosystem, the performance of CAKE would help to reach above its current all-time high (ATH) of $43.96 very soon. But, it might also reach $5 if the investors believe that CAKE is a good investment in 2023.
FAQ
1. What is PancakeSwap (CAKE)?
PancakeSwap(CAKE) is the native utility token of PancakeSwap. PancakeSwap is a decentralized exchange (DEX) native to the Binance Smart chain.
2. Where can you purchase PancakeSwap (CAKE)?
PancakeSwap (CAKE) has been listed on many crypto exchanges which include Binance, Huobi, PancakeSwap, KuCoin, and Bybit.
3. Will PancakeSwap (CAKE) reach a new ATH soon?
With the ongoing developments and upgrades within the PancakeSwap Platform, CAKE has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of PancakeSwap (CAKE)?
On April 30, 2021, PancakeSwap (CAKE) reached its new all-time high (ATH) of $43.96.
5. Is PancakeSwap (CAKE) a good investment in 2023?
PancakeSwap (CAKE) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of PancakeSwap in the past few months, CAKE is considered a good investment in 2023.
6. Can PancakeSwap (CAKE) reach $5?
PancakeSwap (CAKE) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then PancakeSwap (CAKE) will hit $5 soon.
7. What will be PancakeSwap (CAKE) price by 2024?
PancakeSwap (CAKE) price is expected to reach $9 by 2024.
8. What will be PancakeSwap (CAKE) price by 2025?
PancakeSwap (CAKE) price is expected to reach $11 by 2025.
9. What will be PancakeSwap (CAKE) price by 2026?
PancakeSwap (CAKE) price is expected to reach $15 by 2026.
10. What will be PancakeSwap (CAKE) price by 2027?
PancakeSwap (CAKE) price is expected to reach $20 by 2027.
Top Crypto Predictions
Baby Doge Coin (BABYDOGE) Price Prediction 2023
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Binance Coin (BNB) Price Prediction 2023
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Absolutely amazed by the lines and how they work guys! Look at my chart...as my previous posts I told you the price was at key zone. We got a bounce with a huge green candle. Juicy +8% plus leverage! LFG! #PancakeSwap #Binance #crypto2023 #cryptotrading #trading
#Cake price pulling back and now at key point as anticipated yesterday. In case of breakdown I expect to see the price reching my entries (yellow area on my chart)...let's see #Binance #crypto2023 #trading #cryptotrading
Pancake Swap — PancakeSwap v3 is already available on BNB and Ethereum
1. The update brought ultra-low fees and at the same time increased the profitability of farmers, instead of the standard fee of 0.25% for swap now:
- 0.01% — for stablecoins;
- 0.05% — for pairs with higher non-permanent losses, but with high liquidity;
- 0.25% — intended for "exotic" assets, but with a good share of rewards in LP;
- 1% — designed for rarely traded pairs with the greatest non-permanent loss.
2. Capital efficient trading — reduction of trade slippage, a new intelligent router using different sources of liquidity PancakeSwap V3, V2 and StableSwap.
3. Flexibility of fee levels — the same pair of LP tokens can be in several levels of trading fees (depending on the more favorable rate of 0.01%, 0.05%, 0.25% and 0.1%) when providing liquidity.
4. A new function of concentrated capital to create liquidity - can give up to x3 more profitability if you increase the configuration of the price range of the exchange rate in which your tokens can be - which in turn, a greater risk of non-permanent losses.
5. M3 has a more dynamic APR, but the ROI calculator has been improved to calculate profitability.
From the upcoming Pancake V3 updated:
- Advanced built-in limit order.
- Farming with bCAKE (Q2).
- V3 "VIP" Trading rewards program.
- Position Manager is a tool for managing positions, LP deposit function using a single token.
#PancakeSwap #CryptonResearchBot
- 0.01% — for stablecoins;
- 0.05% — for pairs with higher non-permanent losses, but with high liquidity;
- 0.25% — intended for "exotic" assets, but with a good share of rewards in LP;
- 1% — designed for rarely traded pairs with the greatest non-permanent loss.
2. Capital efficient trading — reduction of trade slippage, a new intelligent router using different sources of liquidity PancakeSwap V3, V2 and StableSwap.
3. Flexibility of fee levels — the same pair of LP tokens can be in several levels of trading fees (depending on the more favorable rate of 0.01%, 0.05%, 0.25% and 0.1%) when providing liquidity.
4. A new function of concentrated capital to create liquidity - can give up to x3 more profitability if you increase the configuration of the price range of the exchange rate in which your tokens can be - which in turn, a greater risk of non-permanent losses.
5. M3 has a more dynamic APR, but the ROI calculator has been improved to calculate profitability.
From the upcoming Pancake V3 updated:
- Advanced built-in limit order.
- Farming with bCAKE (Q2).
- V3 "VIP" Trading rewards program.
- Position Manager is a tool for managing positions, LP deposit function using a single token.
#PancakeSwap #CryptonResearchBot
✉️ Pancake Swap — Re-launch Pool with $ETERN
The $ETERN staking pool on Aptos PancakeSwap has been relaunched. The previous pool had a configuration error and reduced APR. All participants are encouraged to move to a new pool.
#PancakeSwap #CryptonResearchBot
The $ETERN staking pool on Aptos PancakeSwap has been relaunched. The previous pool had a configuration error and reduced APR. All participants are encouraged to move to a new pool.
#PancakeSwap #CryptonResearchBot
✉️ Pancake Swap — Voting for the addition of Level Finance $LVL pools
Pool Details:
Stake $CAKE to farm $LVL
Stake $LVL - $BNB LP to farm $CAKE
Level Finance is a decentralized market for open-ended contracts.
#PancakeSwap #CryptonResearchBot
Pool Details:
Stake $CAKE to farm $LVL
Stake $LVL - $BNB LP to farm $CAKE
Level Finance is a decentralized market for open-ended contracts.
#PancakeSwap #CryptonResearchBot
SEC going after crypto!
SEC v Coinbase: The Motion to Dismiss Ruling
Investors await a court ruling on the Coinbase Motion to Dismiss (MTD). Coinbase filed a Motion to Dismiss in August, arguing the SEC lacks the statutory authority to regulate crypto exchanges.
On January 17, Judge Katherine Failla heard oral arguments from the SEC and Coinbase on the matter of the MTD. Bloomberg Intelligence Legal Analyst Elliot Stein attended the court session and gave Coinbase a 70% chance of victory.
If Judge Failla grants the MTD, the SEC cases may need to reconsider its cases against Binance and Kraken. Stein believes the SEC v Coinbase case could reach the Supreme Court if it survives the Motion to Dismiss.
Ripple CEO Brad Garlinghouse recently discussed Supreme Court rulings vis-a-vis the ongoing SEC vs. Ripple case. Garlinghouse had this to say,
“The current Supreme Court, we’d love to see the Vegas odds on how that would go. They have not been friendly to regulators.”
Court rulings could also influence the evolution of the crypto-spot ETF market. Clarifications on the classifications of altcoins could pave the way for the SEC to approve ETH and XRP-spot ETFs, among others.
0.8304 ｜ XAIUSDT | Binance Spot
0.41870 ｜ ALTUSDT | Binance Spot
#ALT #XAI #uniswap #PancakeSwap #altcoins
SEC v Coinbase: The Motion to Dismiss Ruling
Investors await a court ruling on the Coinbase Motion to Dismiss (MTD). Coinbase filed a Motion to Dismiss in August, arguing the SEC lacks the statutory authority to regulate crypto exchanges.
On January 17, Judge Katherine Failla heard oral arguments from the SEC and Coinbase on the matter of the MTD. Bloomberg Intelligence Legal Analyst Elliot Stein attended the court session and gave Coinbase a 70% chance of victory.
If Judge Failla grants the MTD, the SEC cases may need to reconsider its cases against Binance and Kraken. Stein believes the SEC v Coinbase case could reach the Supreme Court if it survives the Motion to Dismiss.
Ripple CEO Brad Garlinghouse recently discussed Supreme Court rulings vis-a-vis the ongoing SEC vs. Ripple case. Garlinghouse had this to say,
“The current Supreme Court, we’d love to see the Vegas odds on how that would go. They have not been friendly to regulators.”
Court rulings could also influence the evolution of the crypto-spot ETF market. Clarifications on the classifications of altcoins could pave the way for the SEC to approve ETH and XRP-spot ETFs, among others.
0.8304 ｜ XAIUSDT | Binance Spot
0.41870 ｜ ALTUSDT | Binance Spot
#ALT #XAI #uniswap #PancakeSwap #altcoins