OKX Banner
BTC $63,708.00 (+1.60%)
ETH $1,860.85 (+1.00%)
BNB $589.67 (+0.40%)
XRP $1.07 (+0.60%)
SOL $73.40 (+1.70%)
TRX $0.33 (+0.70%)
HYPE $55.08 (+4.50%)
DOGE $0.07 (+0.90%)
LEO $9.75 (+0.00%)
RAIN $0.01 (-1.90%)
ZEC $486.76 (+0.40%)
ADA $0.19 (+1.40%)
XMR $358.02 (+0.10%)
LINK $8.18 (+0.00%)
XLM $0.17 (-1.20%)
CC $0.11 (-3.50%)
BCH $212.82 (+1.60%)
GRAM $1.37 (-1.80%)
USDG $1.00 (+0.10%)
LTC $44.22 (+0.20%)

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