Could you please elaborate on the valuation of PancakeSwap? As a popular decentralized exchange on the Binance Smart Chain, it's essential to understand its current worth and potential for growth. Are there any factors that influence its
market capitalization, such as trading volume, liquidity, or the popularity of the Binance Smart Chain network? Additionally, what are the challenges or opportunities that PancakeSwap faces in the competitive landscape of decentralized finance?
7 answers
GalaxyGlider
Wed Sep 18 2024
In the past 24 hours, the trading volume of PancakeSwap has declined significantly. Specifically, the amount of PancakeSwap traded has fallen by $5,213,344.16.
Alessandro
Wed Sep 18 2024
PancakeSwap, a popular cryptocurrency, is currently trading at a price of $1.59 per CAKE. This figure reflects the current
market sentiment towards the asset and is subject to fluctuations.
BusanBeauty
Wed Sep 18 2024
The circulating supply of PancakeSwap stands at 264,877,553.724 CAKE. This metric represents the total number of CAKE tokens that are currently in circulation and available for trading.
Andrea
Wed Sep 18 2024
The total
market capitalization of PancakeSwap, calculated by multiplying the current price per CAKE by the circulating supply, is $429,277,973.97. This figure provides an overview of the overall value of the PancakeSwap market.
DondaejiDelight
Tue Sep 17 2024
This decrease in trading volume represents a 39.15% drop from the previous day's trading activity. Such a significant decline may indicate a decrease in
market interest or a shift in investor sentiment towards PancakeSwap.