Can PancakeSwap Keep Its Rally After Reclaiming $1.5?
TL;DR: PancakeSwap (CAKE) recorded a 13% rally over the past week, successfully reclaiming the psychological level of $1.50 after a month of sideways consolidation. Open Interest
CAKE (Latest Publications)
CAKE Surges on Bullish Derivatives Shift, Strengthening PancakeSwap Price Outlook
TLDR: Derivatives market sentiment for CAKE has turned positive with a funding rate of 0.0046%. The community approved reducing the maximum supply from 450M to 400M
PancakeSwap Proposes Max Supply Cut in New Deflationary Vote
TL;DR Deflation Proposal: PancakeSwap is discussing a reduction of CAKE’s maximum supply from 450 million to 400 million after achieving an 8.19% net burn in 2025.
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