PancakeSwap Price Prediction 2023, 2024, 2025: Will CAKE Price Surge In 2023?
The post PancakeSwap Price Prediction 2023, 2024, 2025: Will CAKE Price Surge In 2023? appeared first on Coinpedia Fintech News
Save on CoinStats Fees
Enjoy 0% Fees with Premium
Estatísticas de Mercado
O preço de PancakeSwap é $2,25, acima 3.96% nas últimas 24 horas, e a capitalização de mercado ao vivo é $524,294,910. Tem um volume de oferta em circulação de 386,739,888 CAKE moedas e um volume máximo de oferta de 386,739,888 junto com $69,037,137 volume de negociação de 24h.
Conversor de Cripto
Launched in Sept 2020, PancakeSwap (CAKE) is a decentralized exchange (DEX) that uses smart contracts to enable trading cryptocurrencies and utility tokens without a centralized, third-party facilitator. Interestingly, the DEX was created and launched by a team of anonymous developers. The exchange is built on a virtually unlimited circulating supply of automated tokens, CAKE tokens, that live on the Binance Smart Chain. The PancakeSwap platform provides automated market maker (AMM) functionality, so coin holders can exchange crypto with the support of a liquidity pool or earn rewards by supplying liquidity with their PancakeSwap coins.
The automated market maker model allows trading in digital assets by an anonymous network of users on a decentralized network using a peer-to-peer network protocol and liquidity pools in a place of a traditional, centralized, third-party provider. It facilitates trading between market participants who want to buy and sell their coin or other liquid security.
PancakeSwap users are incentivized to provide liquidity because they earn rewards in the form of liquidity provider tokens when they stake cake tokens. Liquidity provision made this way on the PancakeSwap exchange is called yield "farming" or referred to as depositing funds into "syrup pools" where the accumulation of additional tokens creates liquidity to fulfill trading orders. Swapping assets among Binance chain tokens or staking coins to supply market liquidity for yield aren't the only current uses of PancakeSwap.
Investors speculating on changes in the PancakeSwap price both hold and trade coins hoping to profit from either a growing PancakeSwap price and market cap or from volatility in the cake price. After launching in Sept 2020, PancakeSwap quickly rose to among the top 50 cryptocurrencies by market cap during the 2020/21 bull market in cryptocurrency. It reached an all-time high (ATH) market cap above $7 billion on April 30. There's no maximum limit on the circulating supply of PancakeSwap. At the time of publication, PancakeSwap had a circulating supply of nearly 200 million tokens.
Calling its smart contract functions to digitally denote ownership of real-world or digital creations, PancakeSwap has also found a promising use case as a marketplace for non fungible tokens (NFTs). In 2019, NFTs got some publicity when Star Trek actor and blockchain enthusiast William Shatner teamed up with London-based decentralized law venture, Mattereum to launch an Ethereum chain token that verifies ownership of collectibles.
Mattereum and Shatner billed NFTs as a "digital twin" for real-world property, one that verifies ownership and easily and automatically validates and executes transfers of ownership, creating an immutable note of the transaction that lives on the blockchain. In the wake of the NFT boom of 2021, blockchain-power projects like Collectible Token (COLLT), which creates digital titles of ownership for luxury goods, have launched on PancakeSwap.
Our step-by-step guide on how to Buy PancakeSwap will help you get started!
Explore altcoins comumente detidas por investidores de PancakeSwap e descubra novas oportunidades.
Ativos com a maior mudança em visualizações de página únicas no CoinStats nas últimas 24 horas.
Mercados de PancakeSwapVer Mais
|#||Corretora||Par||Volume em (24H)||Volume (%)||Preço||Última atualização|
Notícias de PancakeSwapVer Mais
Atualizações da EquipeVer Mais
Verifique Também o Preço de PancakeSwap Em
Nenhuma parte do conteúdo que fornecemos constitui conselho financeiro sobre preços de moedas, conselho jurídico, ou qualquer outra forma de conselho destinado a você confiar para qualquer propósito. Qualquer uso ou confiança em nosso conteúdo é exclusivamente por sua própria conta e risco.