Tag: PancakeSwap

PancakeSwap Unveils Web3 Gaming Platform, Boosting CAKE’s Bullish Narrative after Descent 132% Breakout in One Month

PancakeSwap has called on web3 gamifi developers to join Pancake Protector and Pancake Mayor in engaging its vibrant 1.5 million potential monthly players. PancakeSwap Finance (CAKE), a vibrant web3 ecosystem that was initially built on BNB Chain but grew to a multichain project, has introduced its PancakeSwap Gaming marketplace for both developers and gamers. According to the announcement, the PancakeSwap Gaming Marketplace will cater to gamifi developers by providing a platform to effortlessly build their projects and get exposure to a vibrant community. Additionally, the PancakeSwap Gaming Marketplace will offer…

PancakeSwap surges 92% as defi tokens record outsized price increases

PancakeSwap’s CAKE stands out with a 92% gain on the weekly timeframe, fueled by the introduction of a new feature on its platform.  PancakeSwap rallies Decentralized exchange PancakeSwap’s native token, CAKE, is causing a stir in the cryptocurrency world. In seven days, CAKE’s price has soared by a remarkable 92%, now trading at $2.38. This surge comes after the latest innovation on its platform. PancakeSwap recently unveiled its Position Manager tool, a feature that’s turning heads in the defi space. This tool allows users to effortlessly deposit their funds into…

PancakeSwap adds portfolio manager function in partnership with Bril

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Decentralized crypto exchange PancakeSwap now has portfolio manager functionality, according to an Oct. 30 announcement. The feature has been added in partnership with decentralized finance (DeFi) protocol Bril Finance. The new feature allows PancakeSwap users to deposit tokens into single-asset vaults via the exchange’s user interface. Once the tokens are deposited, they go into a liquidity provision algorithm with automatic rebalancing. The development teams for PancakeSwap and Bril claim that this system will allow users to get higher risk-adjusted returns compared to other methods. PancakeSwap user interface. Source: PancakeSwap. According…

Tradecurve Markets rallies in presale, PancakeSwap and ApeCoin remain under pressure

Most investors want to end the year on a high note. As such, they are actively exploring multiple projects, including Tradecurve Markets, a hybrid exchange. Amid this development, experts note that PancakeSwap (CAKE) and ApeCoin (APE) have lost their shine. PancakeSwap partners with Transac PancakeSwap, a decentralized exchange, has partnered with Transac to attract more users, allowing them to trade efficiently. Traders can use fiat payment methods like bank transfers and credit cards. This feature was unveiled after the release of PancakeSwap v3.  Despite this partnership, CAKE remains under pressure. On…

PancakeSwap launches fiat crypto selling with new partnership

PancakeSwap, a decentralized exchange (DEX), has partnered with fiat-to-crypto gateway Transak to allow users to directly purchase cryptocurrencies on its platform. According to a Sept. 21 announcement, this new integration enables PancakeSwap users to buy crypto using various fiat payment methods including credit cards, bank transfers, Google Pay and Apple Pay. Previously, users had to purchase crypto on a separate platform before transferring it to a wallet address and use PancakeSwap. This announcement follows the unveiling its highly anticipated version 3 (V3), which brings a suite of new features and…

Pancakeswap integrates Transak for fiat onboarding on multiple chains

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Decentralized exchange Pancakeswap now offers Transak as a provider in its “buy crypto” tab, giving Pancakeswap users an additional option when shopping for crypto, according to an announcement on September 21. Mercuryo and Moonpay were previously providers for this feature, making Transak the third provider to be added. Caption: Pancakeswap buy crypto tab. Source: Pancakeswap Pancakeswap is a multichain decentralized crypto exchange (DEX). It’s available on 8 different blockchain networks, including BNB Chain, Ethereum, Base, Polygon zkEVM, and others. It has over $1.3 billion worth of crypto locked in its…

PancakeSwap is resilient, experts bullish on Uniswap and Tradecurve Markets

Following its recent recovery, crypto analysts are bullish on Uniswap (UNI). PancakeSwap (CAKE) is also firm, finding support at a critical line. Meanwhile, Tradecurve Markets (TCRV) continues to gain momentum in its quest to better serve crypto traders in 2023.  Experts bullish on Uniswap Uniswap is a decentralized exchange (DEX) that is changing how traders swap tokens.  Launched in 2018 by Hayden Adams, Uniswap enables token swaps without intermediaries. Unlike most DEXs, it has a user-friendly interface and is community-centric. Following a bounce off the $4.00 support on Sep. 11,…

Analyst bullish on Watchvestor after successful PancakeSwap and Tezos calls

The analyst who correctly predicted PancakeSwap (CAKE) and Tezos (XTZ) rallies is now bullish on Watchvestor (WVTR). He believes the token will likely surge from $0.03 to new levels in upcoming sessions. PancakeSwap price outlook CAKE reached its all-time high on Apr. 30, 2021, at $43.96.   However, the token has retraced and is trading between $1.29 and $1.49, with resistance at $2.  The token has a market cap of $274,283,014 and a trading volume of $16,267,067. Last year, CAKE crashed 68.8%, but traders are optimistic about its prospects. If the…

PancakeSwap V3 Takes The Stage On Ethereum’s Layer 2 Linea Mainnet

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PancakeSwap, a leading decentralized finance (DeFi) platform, has officially launched its anticipated Version 3 (V3) on the Linea Mainnet.  According to the announcement, the collaboration between PancakeSwap and Linea aims to provide a seamless trading experience with lower fees, increased liquidity provider returns, and enhanced capital efficiency. PancakeSwap V3 On Linea Linea, formerly known as ConsenSys zkEVM, stands as Layer 2 scaling solution powered by ConsenSys. Linea achieves faster transaction speeds and reduced gas costs while ensuring security by utilizing zero-knowledge proofs and maintaining full Ethereum Virtual Machine (EVM) equivalence. Developers…