|1 PancakeSwap = 1.017 GBP||1 000 GBP = 983.250 CAKE|
|100 PancakeSwap = 101.70 GBP||100 000 GBP = 98,324.96 CAKE|
|Currently in circulation: 217,773,486 CAKE||The maximum amount of CAKE in circulation: 388,176,561|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current PancakeSwap price
|Current price||1.02 GBP / 1.24 USD / 1.17 EUR|
|Total market value||221,741,797 GBP / 270,354,129 USD / 255,795,610 EUR|
|Price change in the last 24h||3.75%|
|Price change in the last 7 days||7.78%|
|Updated||Oct 03, 2023, 2.04 am|
In the last 24h, the price of the cryptocurrency PancakeSwap has increased by 3.75%. Overall, it can be said that there is an increasing trend because the value of PancakeSwap has increased by 7.78% in the last 7 days. The total market value of the cryptocurrency PancakeSwap as of Jan 12, 2022, is 270,354,129 USD (roughly 221,741,797 GBP), which makes it the 118th most valuable cryptocurrency in the world.
|Date||CAKE/USD||Price in GBP||Change in 24h|
|Oct 02, 2023||1.23 USD|
|Oct 01, 2023||1.170 USD|
|Sep 30, 2023||1.170 USD|
|Sep 29, 2023||1.170 USD|
|Sep 28, 2023||1.170 USD|
|Sep 27, 2023||1.150 USD|
|Sep 26, 2023||1.150 USD|
|Sep 25, 2023||1.140 USD|
|Sep 24, 2023||1.140 USD|
|Sep 23, 2023||1.150 USD|
|Sep 22, 2023||1.150 USD|
|Sep 21, 2023||1.140 USD|
|Sep 20, 2023||1.170 USD|
|Sep 19, 2023||1.180 USD|
Frequently asked questions
1️⃣ What will be the price of PancakeSwap in a day/week/month?
Predicting the CAKE price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is PancakeSwap worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not CAKE is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.