Search results for: pancakeswap

Popular decentralized exchange (DEX) PancakeSwap proposed crucial changes to its tokenomics in an attempt to move its native token CAKE towards a deflationary model. 

PancakeSwap’s Q2 began on a happy note with the launch of v3. Nonetheless, Q1 also ended well, as was evident from its network stats. But can we expect CAKE’s price to respond positively to these developments? 

we2net is a decentralized finance (defi) project based on the Binance Smart Chain (BSC), developed by a team with extensive experience in successful project development and marketing. Unlike traditional defi projects, we2net has a unique design that shares the permission to add initial liquidity with investors, significantly reducing developer control and achieving true decentralization. InContinue reading “Get ready for we2net’s highly anticipated debut on PancakeSwap on April 15th!”

PancakeSwap V3 will drastically reduce fees compared to V2. CAKE’s TVL remained stagnant, but metrics and indicators looked bullish.  PancakeSwap [CAKE] announced the launch of its much-awaited PancakeSwap V3, bringing several new changes to the table. The DEX’s official tweet on 3 April confirmed that V3 was live on both BNB Chain and Ethereum [ETH]. Continue reading “As PancakeSwap V3 goes live on BNB Chain and Ethereum, CAKE reacted by…”

CAKE’s revenue and fees were on a declining trend before v3’s launch. CAKE was ahead of UNI, but its price action was bearish. PancakeSwap’s [CAKE] launched PancakeSwap V3 on 3 April. The V3 introduced new features that would make DeFi accessible to more people than before. Earlier, in March, CAKE had mentioned that early supportersContinue reading “A health checkup of PancakeSwap [CAKE] as V3 launch draws near”

V3 launch’s hype was not enough for CAKE to paint its chart green during the bull run. Metrics were bearish, which decreased the chances of a trend reversal in the near term.  PancakeSwap [CAKE] is all set to release its latest version on 14 April, which might play a role in increasing the network’s transactions.Continue reading “PancakeSwap [CAKE] was left alone in bull rally, will the v3 launch help”

CAKE’s NFT space registered a decline, but revenue increased  Metrics and market indicators remain supportive of the bears  PancakeSwap [CAKE] recently published a new proposal, one which is currently under the voting period. The new proposal is related to the formation of a new Syrup Pool with Ternoa.  Realistic or not, here’s CAKE market capContinue reading “All you need to know about CAKE, PancakeSwap’s new Syrup Pool update”

PancakeSwap enhances its strategy for its next attempt at surpassing Uniswap’s TVL. The latest transaction volume data reveals a win for PancakeSwap. PancakeSwap and Uniswap have been locked in a battle of the DEXes for some time but the latter has been winning. There have been instances where PancakeSwap almost took the lead and recentContinue reading “PancakeSwap’s attempt to flip Uniswap’s TVL thwarted for now”

PancakeSwap tops the list of DEXs with the highest daily active users. CAKE struggles to sum up bullish volumes as bears lose momentum. PancakeSwap has recently emerged as the market’s leading DEX by the number of daily active users. Ergo, the question – Is this enough to support a sentiment shift among CAKE holders? IsContinue reading “PancakeSwap leads DEX market, but can it eat its CAKE too”

PancakeSwap has announced the launch of its V3 upgrade on BNB Chain in the first week of April. The fiat value of the protocol’s transaction volume and its TVL have decreased in the last month.  BNB Chain’s leading decentralized finance (DeFi) protocol PancakeSwap [CAKE], has announced that it will be launching its third iteration inContinue reading “Battle of V3s: PancakeSwap and Uniswap to compete on BNB Chain”

PancakeSwap announced its v3 will launch in April 2023 NFT space’s performance is not on par, but whale interest has increased in CAKE. PancakeSwap [CAKE] has been setting up its game in terms of network performance over the last few months. Dune’s data revealed that the total number of transactions on PancakeSwap has been onContinue reading “What PancakeSwap [CAKE] transactions have to do with network performance”

CAKE’s revenue increased considerably over the last 90 days. P/S Ratio indicated CAKE was undervalued; metrics and market indicators were bearish.  Token Terminal’s data revealed that PancakeSwap’s [CAKE] revenue increased considerably over the last 90 days.  This update complemented PancakeSwap’s recent achievement of being the most used dApp on the BNB Chain, with over 1.36Continue reading “PancakeSwap traders will have to wait a little longer for a rally- Here’s why”