#CAKE:
CAKE coin, also known as PancakeSwap, is a cryptocurrency with a current price of $2.02-$2.05 USD, showing a slight increase of 2.5%. Here's the latest price analysis:
*Key Statistics:*
- *Market Capitalization*: $652.1 million - $649.6 million
- *24-hour Trading Volume*: $39.22 million - $44.45 million
- *Circulating Supply*: 317.91 million - 317.95 million CAKE coins
- *Total Supply*: 372.83 million CAKE coins
- *Max Supply*: 450 million CAKE coins
*Price Range:*
- *24-hour Low*: $2.04 - $2.05
- *24-hour High*: $2.11
- *All-Time High*: $44.18 (April 30, 2021)
- *All-Time Low*: $0.0002318 (September 29, 2020)
*Tokenomics:*
PancakeSwap has implemented a deflationary token model, reducing CAKE emissions and burning tokens to decrease the supply. Over 102% of minted CAKE is burned weekly, aiming to provide a multi-year runway for emissions and incentivize locking up CAKE ¹. $CAKE
