OKX Banner
BTC $64,094.00 (+1.60%)
ETH $1,871.98 (+1.10%)
BNB $593.69 (+1.20%)
XRP $1.08 (+0.20%)
SOL $73.77 (+1.00%)
TRX $0.33 (+0.70%)
HYPE $55.31 (+3.50%)
DOGE $0.07 (-0.10%)
LEO $9.75 (-0.20%)
RAIN $0.01 (-2.10%)
ZEC $491.69 (+0.10%)
ADA $0.19 (-0.80%)
XMR $359.06 (-0.50%)
LINK $8.23 (-0.40%)
XLM $0.17 (-1.80%)
CC $0.11 (-3.30%)
BCH $213.98 (+1.50%)
GRAM $1.38 (-1.60%)
USDG $1.00 (+0.00%)
LTC $44.47 (+0.40%)

Pancakeswap Burns $39 Million Worth Of CAKE Tokens

Twitter icon  •  Published 4 years ago on March 15, 2022  •  Hassan Maishera

The Pancakeswap team announced on Twitter on Monday that it burned 6,689,664 CAKE tokens (worth $39 million).

Pancakeswap Burns $39 Million Worth Of CAKE Tokens

The Pancakeswap team announced on Twitter on Monday that it burned 6,689,664 CAKE tokens (worth $39 million). Also, the team bought back 403,000 CAKE tokens ($2.3M) from the trading, prediction and NFT markets. 

PancakeSwap is a BNB Chain-based decentralized exchange (DEX) with an automated market maker (AMM) model for swapping BEP-20 tokens. CAKE is down by less than 7% so far today and is currently trading at $5.43.

FBI Counterintelligence Agent Arrested Over Alleged $1M Crypto Theft
Next article FBI Counterintelligence Agent Arrested Over Alleged $1M Crypto Theft
OKX Banner

Author

Read Hassan Maishera's articles →
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Editorial Standards Corrections & Retractions Policy About
Follow us on Google News
Cybet Banner
OKX Banner