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PancakeSwap Price Rallies As Trading Volume Tops $2.5B; What's Happening?

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Summary
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63% Informative

PancakeSwap DEX trading volume in the past 24 hours tops $ 2.5B , overtaking Uniswap and securing pole position in terms of trading volume on DEXs.

CAKE price is up 10% in the last 24 hours amid renewed market interest in the protocol.

The native coin CAKE coin witnessed gains worth 10% intraday and exchanged hands at $ 22.62 .

The derivatives market also saw a substantial money influx, offering market support to the DEX project.

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40

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English

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