Cryptocurrency Q&A
How many CAKE tokens are there?
How many CAKE tokens are there?
Carlo
Sun Jul 21 2024
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7 answers
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I'm curious to know about the total supply of CAKE tokens. Given the popularity and widespread usage of PancakeSwap, I'm wondering if there's a cap on the number of CAKE tokens that can exist. With the current market conditions and demand for decentralized finance (DeFi) assets, I'm trying to assess the potential value and scarcity of CAKE tokens in the long run. Could you provide a concise but informative overview of the CAKE token supply, including any plans for future issuance or burns?
7 answers
EnchantedNebula
Tue Jul 23 2024
PancakeSwap (CAKE) is currently trading at a price of $2.5, reflecting a decline of -2.19% in the past 24 hours.
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Arianna
Tue Jul 23 2024
The cryptocurrency holds a market capitalization of $667.3 million, positioning it at the 129th rank in the overall market.
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DiamondStorm
Tue Jul 23 2024
Within the past 24 hours, PancakeSwap's trading volume amounted to a substantial $60 million.
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Silvia
Tue Jul 23 2024
The token's circulating supply stands at 266.6 million tokens, indicating a significant portion of the total supply is already in circulation.
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Riccardo
Mon Jul 22 2024
The total supply of PancakeSwap tokens is capped at 384 million, ensuring scarcity and potential appreciation over time.
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