$CAKE

Current price: $2.75, with an intraday high of $2.78.

🔹 New developments on PancakeSwap – Support for multiple wallets on the BNB Chain has been introduced, including Binance Wallet and Trust Wallet, through the MEV Guard feature.

🔹 Decrease in net weekly issuance – The supply of CAKE has decreased by 3.79 million tokens, while AMM V2 has seen an increase of 404%, indicating strong activity on the platform.

🔹 Technical analysis – CAKE has tested resistance at $2.40. If surpassed, it could pave the way for new highs.