The native token of PancakeSwap, CAKE, is witnessing a significant downturn in the decentralized finance space, raising eyebrows among market participants. The stark price drop underscores a divergence between spot and futures markets, notably on Binance, which dominates trading volumes in the realm of cryptocurrencies.
Continue Reading:PancakeSwap’s CAKE in a Crucible: Market Dynamics and Technical Tussles
Source: https://en.bitcoinhaber.net/pancakeswaps-cake-in-a-crucible-market-dynamics-and-technical-tussles