Skip to main content

Tag: DEXs

PancakeSwap $CAKE Rallies 24%

$CAKE surged 24.23% in 24 hours, reaching USD $2.43 with a 426.12% trading volume increase PancakeSwap burned 9 million tokens (USD $15 million), reducing supply and fueling bullish sentiment. The price is -94.48% below its all-time high, raising doubts about long-term recovery. Technical analysis suggests caution as $CAKE faces resistance, per X posts and market insights. It’s hard to ignore the excitement in the...

$Cake, Cryptocurrencies, DeFi, DEXs, Front page, News, PancakeSwap

Continue reading

SOL vs ETH: October’s DEX Volume

Solana has surpassed Ethereum in decentralized exchange (DEX) volume for October 2024. This marks the third time this year that Solana has led in weekly DEX volume. Key factors include Solana’s scalability, lower transaction fees, and increased meme coin activity. Ethereum remains strong, with significant DeFi activity, but faces challenges in scalability. The Rise of Solana in DeFi Solana has managed to...

Cryptocurrencies, DeFi, DEXs, Ethereum, Front page, Memecoins, News, Solana

Continue reading

© Cryptopress. All rights reserved.