🔥 On-chain popularity is off the charts, $CAKE value is fully released, can we still ambush?
1. PancakeSwap (CAKE) is a decentralized exchange (DEX) deployed on the BNB Chain (formerly BSC), using an AMM model, supporting low fees and high-speed trading, primarily serving DeFi users on the BNB chain.
2. CAKE is the platform's native governance token, which can be used for staking, voting, profit sharing, and various other purposes.
3. As the leading DEX on the BNB chain, PancakeSwap not only supports trading and liquidity mining but also integrates NFT markets, synthetic assets, prediction markets, and other functions, making it a comprehensive DeFi platform compatible with multiple chains.
PancakeSwap protocol fees reached 23.75 million USD in the past 24 hours, surpassing Tether and rising to first place across the network. On-chain activity has soared, significantly enhancing CAKE's value capture ability, with both platform popularity and revenue increasing (positive for CAKE), and funds are continuously buying in batches at the current price.
The market changes every day, and random actions are sure to lead to losses! If you're still confused, just follow me~ I usually share cutting-edge news and practical strategies that are valuable. Feel free to chat anytime, let's tackle this big market wave together!
