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Market Cap:
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Bitcoin Bitcoin Share: 57.9%
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AMB Crypto
2023-02-20 21:30:00

Less CAKE on the menu? This is how PancakeSwap intends to make party bigger

Less CAKE on the menu? This is how PancakeSwap intends to make party bigger

About 3.75% of CAKE’s circulating supply was burned in the latest round. Buoyed by whales’ accumulation, the token’s prospects looked bullish. PancakeSwap removed more than seven million CAKE tokens out of circulation as part of its burn program, intended to add deflationary pressure on the coin. The tokens burned were worth $30 million in value.

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