Power refutables as Pancakeswap turns Raidium, Unisvap

The price of PansakesVAP has appeared, increased three consecutive days and has reached the highest level of 25. January.

Pancakeswap (Cake) The token rose to High $ 2,1600, more than over 75% from its lowest level this month, bringing its market cap to $ 556 million.

Token cake gathered as investors predicted more volume after DEX network has expanded its advanced trading tools on arbitrum, line and base protocols. These tools, such as a chance, who existed on the BSC chain, will help perform an order.

Palakeswap also maintained his market share in a decentralized stock exchange. Defi Llama The data show that it was most loved in the last 24 hours, rolling top DeX networks such as Raidium and Unisvap.

His volume was $ 2.95 billion, while the other two had 2.09 billion dollars and $ 1.73 billion, respectively.

Pancakeswap loved by DEX worth of $ 90 billion in the last 30 days, making it a major place in decentralized finances. Most of his volume happens in the BSC chain, followed by base and arbitrum.

Palakesvap differs significantly from other DEX networks such as Uniswap and Raidium in service offerings. In addition to its deputies, it offers solutions in agriculture of yields that have 1.67 billion dollars in property. It also offers a predictions market where traders are betting on the direction of cryptian property.

Pancakeswap Forecast

The daily shows that the price of the cake is the bottom of the bottom of 1,135 dollars last week as most cryptocurries collapsed. He formed a pattern of a check bristle, which contains a small body and a long lower shadow.

The hammer is a popular sample for bulge vice versa, explaining why he recently recovered.

Pankakeswap, which was launched in September 2020. year anonymous developers, moved above 78.6% of retract price fibonaci. This retrial was drawn to connect the lowest level in August last year and the highest point in December.

The challenge, however, is that the price of PANSAKESVAP remained below the 50-day exponential moving average. It was also failed to move above the descending trends that connects the highest momentum of 4. January.

Therefore, the trend will probably continue until the token remains below these keys resistance levels.

On the other hand, the jump above these levels will point to more profits, probably 50% of the Fibonacci Spot Retragul to $ 2.90.

Pancakeswap manage On the smart chain binance and the government partially government of his community.