$CAKE
As of March 18, 2025, PancakeSwap's native token, $CAKE, has experienced a remarkable surge, reflecting a 40.45% increase over the past 24 hours, bringing its price to approximately $2.50.This surge is attributed to record-high daily spot inflows of $3.37 million, indicating renewed investor interest and robust demand. The increased trading activity on PancakeSwap has outpaced competitors like Uniswap and Raydium, contributing to the token's bullish momentum. Additionally, PancakeSwap's dominance in the decentralized exchange market has played a significant role in $CAKE's growth, with the platform recording a trading volume of $1.64 billion in 24 hours, securing over 30% of the DEX market share.
Investors are advised to monitor these developments closely, as the volatile nature of the crypto market necessitates cautious decision-making. #CAKE