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Binance updates leverage and margin tiers for tokens like Magic Eden (ME), PancakeSwap (CAKE), and more. Harmony (ONE) and IOTA (IOTA) see price drops of 12% $CAKE just jumped to $4,300.70, trading at $2.58 per token! The DeFi giant is gaining momentum, and investors are paying attention. 🔹 What’s Driving the Surge? Binance Labs, a venture capital arm of the world’s largest cryptocurrency exchange, has announced a “strategic investment” in PancakeSwap (CAKE), one of the The price spike has pushed CAKE to $3.08, with its market cap valued at $899.41 million. 24-hour trading volume is currently valued at $1.07 billion, a 335% pump in activity. A major reason for Movimiento de Binance impulsó CAKE: Binance Labs, el brazo de incubación y financiación de riesgo de Binance ha decidido invertir en $CAKE, el token de As a result of Binance Labs’ investment, CAKE price soared nearly 10% in a few hours. The PancakeSwap (CAKE) price is now trading at $4.78. Moreover, the trading Con comisiones bajas y más de 350 criptomonedas para operar, Binance es el exchange preferido para operar con Bitcoin, Altcoins y otros activos virtuales. Hay varias formas de Binance Labs, Binance’s venture financing and incubation arm has decided to invest in $CAKE, PancakeSwap’s utility and governance token. The announcement was made What does this mean for the PancakeSwap price? Will CAKE continue to experience tailwinds and go up in value? PancakeSwap Price Analysis. PancakeSwap’s performance for the last

Binance This Move Pushed CAKE Up by 10%: What's Happening with PancakeSwap?

The crypto world is buzzing about PancakeSwap (CAKE) after a significant price surge. What caused this sudden jump? The answer lies with Binance Labs, Binance’s venture financing and incubation arm, which has decided to invest in $CAKE, PancakeSwap’s utility and governance token. This news immediately impacted the market, with the Binance this move pushed CAKE up by 10% in a few hours!

CAKE Price Soars: A Detailed Look

As a result of Binance Labs’ investment, the PancakeSwap (CAKE) price is now trading at $4.78. At one point, $CAKE just jumped to $4,300.70, trading at $2.58 per token! The price spike has pushed CAKE to $3.08, with its market cap valued at $899.41 million. The 24-hour trading volume is currently valued at $1.07 billion, a 335% pump in activity. The DeFi giant is gaining momentum, and investors are paying attention.

Binance's Influence on the CAKE Price: The Key Details

A major reason for this surge is, in fact, that Binance Labs, a venture capital arm of the world’s largest cryptocurrency exchange, has announced a “strategic investment” in PancakeSwap (CAKE), one of the leading decentralized exchanges (DEXs) on the Binance Smart Chain (BSC). Movimiento de Binance impulsó CAKE: Binance Labs, el brazo de incubación y financiación de riesgo de Binance ha decidido invertir en $CAKE, el token de PancakeSwap.

Binance Updates and Market Reaction

It's worth noting that Binance updates leverage and margin tiers for tokens like Magic Eden (ME), PancakeSwap (CAKE), and more. Harmony (ONE) and IOTA (IOTA) see price drops of 12%, highlighting the volatile nature of the crypto market. However, the Binance Labs investment clearly outweighed negative factors for CAKE.

PancakeSwap Price Analysis: What's Next?

What does this mean for the PancakeSwap price? Will CAKE continue to experience tailwinds and go up in value? PancakeSwap’s performance for the last few days has been exceptional, fueled by the positive sentiment surrounding the Binance Labs investment. While future performance cannot be guaranteed, the increased visibility and credibility from Binance are undoubtedly positive for CAKE.

Trade CAKE on Binance

With low fees and over 350 cryptocurrencies to trade, Binance is the preferred exchange for trading Bitcoin, Altcoins and other virtual assets. There are several ways of buying and selling CAKE on Binance.

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