Latest PancakeSwap news
PancakeSwap Searches New Ways to Limit Token Supply
PancakeSwap, the largest Decentralized Finance (DeFi) project on top of the Binance Smart Chain (BSC), is searching for new ways to limit its total token supply. This comes […]
Cake DeFi Introduces New Product “Borrow” Enabling Users To Maximize Their Returns
Singapore, Singapore, 28th April, 2022, Chainwire Cake DeFi, a Singapore-based fintech platform that makes DeFi (decentralized finance) services and applications accessible to everyone, is thrilled to introduce a […]
This article discusses the current CAKE price and the CAKE price predictions provided by reliable sources. Can CAKE reach a new all-time high in the future? What does the CAKE coin technical analysis indicate? Why is it important? What will the CAKE price look like in 2021-2025? Is the CAKE coin a good investment right now? Let’s dive in and decide for ourselves.
PancakeSwap Real-Time Status
CAKE current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
PancakeSwap Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
You can check the CAKE price through CoinJoy's crypto portfolio tracker. Choose CAKE from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy PancakeSwap
You can choose one or a few ways to purchase CAKE. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support CAKE tokens and allow you to store them. Locate the CAKE address starting from 0x. Sign up with CAKE and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many CAKE coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support CAKE. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
PancakeSwap Price Prediction 2022
We have gathered the latest PancakeSwap price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Trading Beasts has set the following targets for PancakeSwap in 2022: an average of $4.556, a maximum of $5.695, and a minimum of $3.872. Based on the provided data, purchasing PancakeSwap might be a good long-term investment.
PricePrediction.net has come out with a positive price prediction for PancakeSwap: an average of $5.26, and a minimum of $5.06 is what holders could be anticipating in 2022.
Wallet Investor is prominent that PancakeSwap prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $1.114, with a potential maximum of $0.371, and a minimum of $0.742.
PancakeSwap Price Prediction 2023
Similarly, Trading Beasts indicates an average of $4.438, a maximum of $5.548, and a minimum of $3.772 for PancakeSwap.
Based on the information provided by key indicators, PricePrediction.net believes that PancakeSwap prices could grow next year. The website forecasts the following prices for PancakeSwap: an average of $7.43, a maximum of $8.7, and a minimum of $7.22.
According to Wallet Investor, PancakeSwap prices are estimated to show negative downtrend signs in 2023, reaching an average of $1.133, with an expected maximum of $0.378, and a minimum of $0.755.
PancakeSwap Price Prediction 2024
Trading Beasts expects a continuous positive trend for PancakeSwap throughout 2024. The prices are likely to range between a maximum of $6.555 and a minimum of $4.457, with the average price reaching $5.244.
PricePrediction.net has set an average of $10.69, a maximum of $12.47 and a minimum of $10.32 for PancakeSwap in two years, therefore predicting value growth for the token.
As for 2024, Wallet Investor is bearish on PancakeSwap. Investors should watch out for a potential average of $0.378. The website also indicates a maximum of $0.126 and a minimum of $0.252 in two years.
PancakeSwap Price Prediction 2025
Trading Beasts is also indicating an increase in PancakeSwap prices, starting from the minimum of $5.628 and reaching as much as $8.277. The expected average price is $6.621.
Furthermore, PricePrediction.net is seemingly enthusiastic about PancakeSwap prices in 2024. The website forecasts that the price may go up to as much as $17.7. The expected average price is set at the $15.09 level, whereas the expected minimum price is $14.66.
In 2025 Wallet Investor views PancakeSwap negatively. According to the website algorithm, the expected average price is $0.232, with potential maximum and minimum prices reaching $0.155 and $0.077 respectively.
PancakeSwap Price Prediction 2030
Trading Beasts predicts that the bullish trend will remain strong for PancakeSwap in 2030. Investors could be expecting an average of $10.859. The maximum and minimum prices might hit $12.271 and $9.447 respectively.
Last but not least, based on the sentiment from PricePrediction.net, PancakeSwap prices will continue to grow in the long run, with the average price reaching the $93.1 level. The expected maximum price is $106.95 and the potential minimum is $89.96.
According to the long-term forecast from Wallet Investor, PancakeSwap has bad investment potential. The prices could reach $0.274 on average, whereas the maximum price could go up to as much as $0.348, and the minimum price could hit the $0.2 point.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is PancakeSwap a good investment?
According to the experts' forecasts, PancakeSwap will be a good investment.
Does PancakeSwap Have Potential?
The CAKE is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since PancakeSwap forecast is positive, It has potential.
How much will PancakeSwap be worth in 2022?
In 2022 the price of CAKE is expected to reach $5.94, based on the forecasting from various sources.
How much will PancakeSwap be worth in 2023?
In 2023 the price of CAKE is expected to reach $8.7, based on the forecasting from various sources.
How much will PancakeSwap be worth in 2024?
In 2024 the price of CAKE is expected to reach $12.47, based on the forecasting from various sources.
How much will PancakeSwap be worth in 2025?
In 2025 the price of CAKE is expected to reach $17.7, based on the forecasting from various sources.
How much will PancakeSwap be worth in 2030?
In 2030 the price of CAKE is expected to reach $106.95, based on the forecasting from various sources.