PancakeSwap ($CAKE) Crypto Forecast: Down 6.4% Today

What is PancakeSwap?

CAKE is the native token of PancakeSwap, a decentralized exchange (DEX) on the Binance Smart Chain (BSC). The cryptocurrency market has been volatile with various tokens experiencing fluctuations.

Why is PancakeSwap going down?

CAKE crypto is down 6.4% on Jul 22, 2025 14:36

• The bearish movement in CAKE could be attributed to profit-taking by traders after a period of bullish momentum.
• The launch of PancakeSwap Infinity on Coinbase's Base network may have initially boosted interest and demand for CAKE, but the subsequent bearish movement suggests that investors may have sold off their positions.
• The increasing DEX-to-CEX ratio indicates a growing preference for decentralized platforms, which could have led to a shift in trading volume away from CAKE towards other DEX tokens.
• Overall, the market movement in CAKE today seems to be a combination of profit-taking, market dynamics influenced by the launch of PancakeSwap Infinity, and shifting trader preferences towards decentralized exchanges.

CAKE Price Chart

CAKE Technical Analysis

CAKE News

PancakeSwap Infinity launches on Base as L2 network hits record TVL

PancakeSwap Infinity, the latest version of the DEX, has launched on Coinbase's Base network as its TVL and DEX activity hit all-time highs.

https://cointelegraph.com/news/pancakeswap-infinity-launches-on-base-as-network-hits-record-tvl

DEX-to-CEX ratio hits new high as crypto traders flee centralization

Despite the rising DEX-to-CEX ratio, centralized exchanges still lead in the crypto spot market, posting $3.9 trillion in trading volume, compared to $877 billion for DEXs.

https://cointelegraph.com/news/dex-volumes-hit-record-q2-2025-pancakeswap-hyperliquid-lead

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PancakeSwap Price History

29.03.2025 - CAKE Crypto was up 5.1%

• CAKE's strong bullish movement today is linked to PancakeSwap's exceptional Q1 2025 performance, recording trading volume exceeding $205 billion.
• The positive market sentiment towards CAKE may also be influenced by the growth and adoption of decentralized finance (DeFi) platforms like PancakeSwap.
• The upcoming retirement and migration of Syrup Pools ahead of the BSC hard fork is creating excitement among investors, contributing to CAKE's bullish trend.
• Despite the impressive Q1 performance, CAKE's price below $2 presents a potential opportunity for further growth, attracting more investors to the token.

25.03.2025 - CAKE Crypto was up 5.5%

• CAKE's bullish movement today could be attributed to PancakeSwap's record-breaking trading volume in Q1 2025, surpassing $205 billion. This positive performance of the DEX likely instilled confidence in investors, leading to increased demand for CAKE.
• The announcement of CAKE Tokenomics 3.0 despite controversy might have also generated excitement and anticipation among traders, contributing to the bullish momentum.
• Despite the impressive trading volume, the fact that CAKE's price has stayed under $2 could indicate that there are still challenges or market factors limiting its price growth, despite the overall positive sentiment in the PancakeSwap ecosystem.

12.04.2025 - CAKE Crypto was up 6.1%

• CAKE's bullish movement could be attributed to the news of Binance reducing collateral ratios for major cryptocurrencies. This update may have increased liquidity and trading activity, leading to a positive sentiment around CAKE.
• The market's reaction suggests that investors view the changes in collateral ratios as favorable for CAKE, potentially indicating confidence in the token's value and utility within the DeFi ecosystem.
• The updates on collateral ratios for portfolio margin assets on Binance could have also contributed to the overall positive market sentiment, with traders adjusting their positions and strategies accordingly to capitalize on the changing dynamics in the cryptocurrency market.
• Overall, the combination of these factors likely fueled CAKE's bullish movement, showcasing the interconnected nature of exchange-related developments and their impact on specific tokens like CAKE.

28.04.2025 - CAKE Crypto was up 5.6%

• CAKE surged almost 12% to reach a two-month high of $2.64.
• The recent approval of tokenomics 3.0, which involved unlocking staked CAKE tokens and reducing the token supply, contributed to the price increase.
• PancakeSwap's trading volume rose to $106 billion, pointing to increased investor interest and confidence in the platform.
• There is speculation that CAKE could rally to $3 in the near term, reflecting the positive sentiment and momentum surrounding the token.

28.04.2025 - CAKE Crypto was down 7.5%

• CAKE saw a drop in value today, despite recent positive developments in its tokenomics and trading volume.
• The rejection at $2.95 could raise concerns for some investors, prompting profit-taking and a temporary price decrease.
• The overall positive trend in altcoins and the cryptocurrency market indicates that CAKE's recent dip might be a short-term adjustment rather than a lasting shift.
• Investors are closely watching key resistance levels, including $3, to assess whether CAKE will continue its upward momentum or encounter more selling pressure.

02.06.2025 - CAKE Crypto was up 5.1%

• The strong bullish movement of CAKE can be attributed to PancakeSwap's impressive performance, doubling its quarterly volume to $530 billion.
• The upgrades implemented by PancakeSwap have clearly boosted growth, as evidenced by the record $325 billion trading volume in June.
• The expansion into Solana and crosschain swaps have contributed to PancakeSwap's dominance on the BNB Chain, attracting more users and increasing trading activity.
• Overall, the positive developments and strong performance of PancakeSwap have likely driven up demand for CAKE, leading to its bullish market movement today.

05.05.2025 - CAKE Crypto was down 6.0%

• Despite the bearish trend in the overall market, CAKE managed to post gains along with altcoins SPX and DEXE.
• CAKE's resilience in the face of Bitcoin's decline could be attributed to positive developments within its own ecosystem or increased investor confidence in its utility.
• The ability of CAKE to shrug off the negative sentiment surrounding Bitcoin suggests that investors may be diversifying their portfolios and seeking opportunities in alternative cryptocurrencies with strong fundamentals.
• It is possible that CAKE's unique features or recent partnerships have attracted investors, leading to its positive performance amidst a generally bearish market.

17.06.2025 - CAKE Crypto was up 5.9%

• CAKE saw a positive price movement as there is a shift of crypto traders towards decentralized exchanges (DEX) amidst worries about centralization in the crypto industry.
• The rising ratio of DEX-to-CEX suggests a rising favor for decentralized platforms, which could possibly increase the demand for DeFi tokens such as CAKE.
• With traders moving towards more decentralized choices, there could be sustained interest and investment in the DeFi sector, leading to potential price surges in the market.

10.06.2025 - CAKE Crypto was up 5.1%

• Despite regulatory concerns in Turkey, CAKE had a strong bullish movement.
• This surge in price might be due to increased demand from users in unaffected regions.
• Investors could be considering the regulatory issues a temporary setback, leading to a rise in CAKE prices.
• CAKE's resilience in the face of regulations highlights community support and faith in the project's long-term potential.

22.06.2025 - CAKE Crypto was down 6.4%

• The bearish movement in CAKE could be attributed to profit-taking by traders after a period of bullish momentum.
• The launch of PancakeSwap Infinity on Coinbase's Base network may have initially boosted interest and demand for CAKE, but the subsequent bearish movement suggests that investors may have sold off their positions.
• The increasing DEX-to-CEX ratio indicates a growing preference for decentralized platforms, which could have led to a shift in trading volume away from CAKE towards other DEX tokens.
• Overall, the market movement in CAKE today seems to be a combination of profit-taking, market dynamics influenced by the launch of PancakeSwap Infinity, and shifting trader preferences towards decentralized exchanges.

27.04.2025 - CAKE Crypto was up 16.6%

• CAKE surged nearly 12% today, reaching a trading price of $2.64.
• The recent approval of tokenomics 3.0, which involved unlocking staked CAKE tokens, was a contributing factor to the price surge.
• Trading volume for CAKE reached $106 billion, indicating a rise in investor interest and activity on the PancakeSwap platform.
• There is potential for CAKE to rally to $3, driven by positive sentiment surrounding platform developments and the overall bullish momentum in the cryptocurrency market.

27.04.2025 - CAKE Crypto was up 10.5%

• CAKE's strong bullish movement today can be attributed to the positive price analysis predicting a rally to $3 in hours, generating excitement and attracting more buyers.
• The optimistic sentiment surrounding CAKE may have been fueled by overall positive market conditions in the cryptocurrency space, leading to increased demand for the token.
• Traders and investors may have been drawn to CAKE due to its association with PancakeSwap, a popular decentralized exchange known for its user-friendly interface and high liquidity pools.