CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes

CoinMarketCap

16 Mar

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.

As per 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.

CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes 1 — DEX Volumes – Source: DeFillama

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.

Also read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2519345593"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2519345593\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2519345593?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-16 03:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2519345593","market":"us","top_or_hot":-1,"title":"CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes","media":"CoinMarketCap","content":"<html><body><p>The native token of Pancakeswap decentralized exchange (DEX), CAKE has pumped 15% as the DEX leads in 24 hour trading volume. </p>\n<p>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. </p>\n<p>As per 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. </p>\n<figure><img decoding=\"async\" src=\"https://lh7-rt.googleusercontent.com/docsz/AD_4nXdfUb3GMXsUpj4d7B0_AQRxHgierb8CQq8IRHfqlbwtnTvxDm3_PAydDE2ZepfdqB15j9zmV-YTYf-BQAIu0L6itp4U_qKQEFuGB64_Vt6kZ9Vban18bJHoZTPjffqD9NgRITTjTA?key=Z1H7VffcREIBLyr7eX5mOuKh\" title=\"CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes 1\"/>\n<figcaption>\n  DEX Volumes – Source: DeFillama\n </figcaption>\n</figure>\n<p>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. </p>\n<p>Although CAKE price is currently down over 30% in the past month as the crypto market witnessed a massive downtrend on Monday. </p>\n<p>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. </p>\n<blockquote>\n<p>Also read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin</p>\n</blockquote></body></html>","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCAKE Price Pumps 15% As Pancakeswap Leads in DEX Volumes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-03-16 03:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/67d5d9c4f7c8ea5bf7cb3016/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The native token of Pancakeswap decentralized exchange (DEX), CAKE has pumped 15% as the DEX leads in 24 hour trading volume. \nThe hike in CAKE price also aligns with Binance’s recent $2 billion ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/67d5d9c4f7c8ea5bf7cb3016/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAKE","symbol_name":"芝乐坊餐馆","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/67d5d9c4f7c8ea5bf7cb3016/","article_id":"2519345593","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2519345593","pubTimestamp":1742068163,"columns":[],"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"The native token of Pancakeswap decentralized exchange , 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.As per 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.Also read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAKE":"芝乐坊餐馆","BK4209":"餐馆"},"translate_title":"PancakeSwap DEX交易量领先，CAKE价格上涨15%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAKE":1},"content_text":"The native token of Pancakeswap decentralized exchange (DEX), CAKE has pumped 15% as the DEX leads in 24 hour trading volume. \nThe 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. \nAs per 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. \n\n\n  DEX Volumes – Source: DeFillama\n \n\nAt 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. \nAlthough CAKE price is currently down over 30% in the past month as the crypto market witnessed a massive downtrend on Monday. \nPancakaswap 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. \n\nAlso read: TRON Leads Blockchain Revenue, Outpacing Ethereum and Bitcoin","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}