The post PancakeSwap on Fire! CAKE Jumps 16% as TVL Hits $1.62B appeared first on Coinpedia Fintech News
PancakeSwap (CAKE), the largest decentralized exchange (DEX) on the BNB Chain, is showing strong bullish momentum after bouncing off a key support level of $1.55. After weeks of consolidation, CAKE has finally broken out, surging over 16% in the past 24 hours. With a fully diluted valuation of around $794 million and a daily trading …