PancakeSwap announces $25 million burn, price bottoms out

📆 5/6/2024 12:29 PM
📰 FXStreetNews

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 72%

Cryptocurrencies News

Coin Coin Latest News,Coin Coin Headlines

PancakeSwap’s (CAKE) price increased nearly 3% on Monday after the decentralized exchange platform on the Binance Smart Chain (BSC) announced a token burn of more than 8.9 million CAKE tokens, collected from trading fees across Automated Market Makers (AMM) Version 2 and 3 of the platform.

PancakeSwap burned over 8.9 million

tokens, collected from trading fees across Automated Market Makers Version 2 and 3 of the platform. just burned - that’s $25M! Trading fees : 119k +17% ️ Lottery:… pic.twitter.com/wNWNTp2mrt — PancakeSwap v4 May 6, 2024 PancakeSwap had collected 119,000

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Coin Coin Latest News, Coin Coin Headlines