Latest News and Articles about PancakeSwap
PancakeSwap Slashes CAKE Supply by 11%: Deflationary Boost or Price Flop?
PancakeSwap Cuts CAKE Supply: A Deflationary Win or Market Misfire? PancakeSwap, a titan among decentralized exchanges (DEXs), has slashed the maximum supply of its native token, CAKE, by 11%, dropping it from 450 million to 400 million tokens. Backed by a unanimous community vote, this move builds on their ongoing push for sustainability and deflationary […]
Read MoreTurkey Blocks 46 Crypto Sites Including PancakeSwap in Aggressive Crackdown
Turkey Slams the Brakes: 46 Crypto Sites Blocked in Unrelenting Crackdown Turkey has unleashed a seismic blow to the cryptocurrency world, with the Capital Markets Board (CMB) shutting down access to 46 crypto-related websites in a sweeping and unapologetic clampdown. Among the casualties is PancakeSwap, the second-largest decentralized exchange globally, as the nation wrestles with […]
Read MorePancakeSwap Burns $19M in CAKE Tokens: Can It Reverse 32% Price Drop?
PancakeSwap Burns $19M in CAKE Tokens Amidst Market Challenges PancakeSwap, a leading decentralized exchange (DEX), recently destroyed 8.95 million CAKE tokens worth approximately $19 million as part of its ongoing strategy to manage its token supply. Despite this significant move, CAKE’s price has fallen 32% over the past month, even as the broader altcoin market […]
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