Price
$2.36
24h% change
-9.7%
Volume (24h)
$173.587M
Market Cap
$700.085M
CAKE serves as the governance token for PancakeSwap.
The CAKE supply is not subject to a strict cap, making it theoretically unlimited. To enhance deflation compared to emission, the team is exploring regular token burn initiatives. For instance, 10% of CAKE collected from lottery tickets and half of the funds raised through Initial Farm Offerings (IFO) will be subjected to burning.
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PancakeSwap ’s historic highest price is $43.96, which was recorded on 30th of April 2021. Currently, PancakeSwap ’s price is %94.6 Lower than its historic high.
PancakeSwap ’s historic lowest price is $0.19444, which was recorded on 3rd of November 2020. Currently, PancakeSwap ’s price is %1113.7 Higher than its historic low.
Let's take a look at the important factors that impact PancakeSwap 's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.