PancakeSwap ($CAKE) Crypto Forecast: Down 5.6% Today

What is PancakeSwap?

CAKE is the native token of PancakeSwap, a decentralized exchange running on the Binance Smart Chain. The cryptocurrency market has been experiencing heightened volatility recently.

Why is PancakeSwap going down?

CAKE crypto is down 5.6% on Oct 21, 2025 4:40

• CAKE faced a bearish movement due to profit-taking among holders and large holders offloading their positions, leading to increased selling pressure.
• The broader cryptocurrency market's second wave of supply dump, along with Bitcoin revisiting $110,000, contributed to CAKE being among the worst-performing tokens.
• The rejection from a key level and the red trading below $2.90 further added to the bearish outlook for CAKE.
• The combination of whales off-loading, profit-taking, and market-wide supply dump likely intensified the selling pressure on CAKE, resulting in its strong bearish movement.

CAKE Price Chart

CAKE Technical Analysis

CAKE News

PancakeSwap Price Forecast: CAKE under pressure as whales off-loads and investors lock in profits

PancakeSwap (CAKE) trades in red below $2.90 at the time of writing on Tuesday after facing rejection from the key level in the previous day. On-chain data further supports the bearish outlook as profit-taking among holders rises and large holders have been offloading their positions.

https://www.fxstreet.com/cryptocurrencies/news/pancakeswap-price-forecast-cake-under-pressure-as-whales-off-loads-and-investors-lock-in-profits-202510210406

Top Crypto Losers: Aster, PancakeSwap, and Immutable extend losses as Bitcoin revisits $110,000

Aster (ASTER), PancakeSwap (CAKE), and Immutable (IMX) are among the worst-performing tokens over the last 24 hours at press time on Thursday, as the broader cryptocurrency market faces a second wave of supply dump.

https://www.fxstreet.com/cryptocurrencies/news/top-crypto-losers-aster-pancakeswap-and-immutable-extend-losses-as-bitcoin-revisits-110-000-202510160339

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PancakeSwap Price History

21.09.2025 - CAKE Crypto was down 5.6%

• CAKE faced a bearish movement due to profit-taking among holders and large holders offloading their positions, leading to increased selling pressure.
• The broader cryptocurrency market's second wave of supply dump, along with Bitcoin revisiting $110,000, contributed to CAKE being among the worst-performing tokens.
• The rejection from a key level and the red trading below $2.90 further added to the bearish outlook for CAKE.
• The combination of whales off-loading, profit-taking, and market-wide supply dump likely intensified the selling pressure on CAKE, resulting in its strong bearish movement.

14.07.2025 - CAKE Crypto was down 5.3%

• CAKE experienced a bearish movement despite the Trump family's cryptocurrency business seeing significant gains tied to PancakeSwap.
• The surge in trading volume of the USD1 stablecoin on PancakeSwap did not translate into positive price action for CAKE.
• The market may have reacted negatively to other factors, leading to the bearish movement of CAKE.
• Despite the positive developments in the Trump family's crypto fortune, CAKE faced selling pressure, possibly due to profit-taking or market sentiment shifts.

07.09.2025 - CAKE Crypto was up 12.9%

• CAKE's strong bullish movement can be attributed to the overall positive sentiment in the cryptocurrency market, particularly within the DeFi sector.
• The surge in DeFi tokens like CAKE indicates a growing interest in decentralized finance projects and platforms.
• The momentum in CAKE's price may also be fueled by increased trading volume and liquidity on PancakeSwap's platform.
• As more investors flock to DeFi projects like PancakeSwap, the token's value could continue to rise as the market embraces decentralized alternatives to traditional finance.

07.07.2025 - CAKE Crypto was up 5.8%

• CAKE surged along with other Ethereum-based projects like POL and DEXE due to Ethereum reclaiming the $3,700 mark, indicating a positive sentiment towards the overall cryptocurrency market.
• The bullish movement of CAKE could be attributed to the increasing popularity of decentralized exchanges and the growing interest in the Binance Smart Chain ecosystem.
• The positive momentum in the crypto market, driven by Ethereum's price movement, likely attracted investors to projects like CAKE, leading to its strong bullish performance today.

16.09.2025 - CAKE Crypto was down 8.7%

• CAKE witnessed a significant downward trend today in line with a broader market decline in the cryptocurrency space.
• Market sentiment appears to be affected by Bitcoin approaching the $110,000 threshold, triggering a new round of selling pressure.
• Despite the current downward momentum, CAKE has displayed resilience in the past, with notable recovery and substantial gains following previous market downturns.
• It is advisable for investors to stay vigilant towards market dynamics and developments related to Bitcoin, as these factors can have a notable impact on the price movements of tokens like CAKE.

13.09.2025 - CAKE Crypto was up 21.2%

• CAKE experienced a strong bullish movement, securing over 20% gains in the last 24 hours, amidst a broader cryptocurrency market that has been volatile.
• The rally in CAKE could be attributed to positive sentiment surrounding PancakeSwap, potentially driven by factors such as increased trading volume, positive technical indicators, or market speculation.
• The rebound in CAKE comes after a recent sell-off in the cryptocurrency market, indicating a possible shift in investor sentiment towards more risk-on assets like CAKE.
• Overall, the performance of CAKE reflects the dynamic nature of the cryptocurrency market, where tokens like PancakeSwap can quickly rebound and outperform in a volatile environment.

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.

17.08.2025 - CAKE Crypto was up 5.1%

• Details of the trading competition winners possibly having ties creates concerns about the platform's fairness and transparency.
• Despite the controversy, the bullish movement of CAKE can be linked to positive market sentiment towards decentralized finance projects.
• Investor optimism about the future of PancakeSwap and its token is driving demand and increasing the token price.
• Traders should monitor updates on the investigation into the trading competition to assess potential future impacts on CAKE's price.

03.09.2025 - CAKE Crypto was up 27.3%

• CAKE's strong bullish movement can be attributed to the overall rally in the DeFi sector, where decentralized finance tokens like CAKE are gaining significant attention and investment.
• The positive sentiment towards DeFi projects, including PancakeSwap, is driving up the prices of related tokens like CAKE as investors seek exposure to this growing sector.
• The market movement suggests that investors are increasingly confident in the potential of DeFi platforms like PancakeSwap to disrupt traditional finance and provide innovative solutions, leading to increased demand for tokens like CAKE.

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.

28.06.2025 - CAKE Crypto was up 13.8%

• CAKE experienced a strong bullish movement today, outperforming the broader market, along with other DeFi tokens like JUP and SPX.
• The launch of PancakeSwap Infinity on Coinbase's Base network and the record Total Value Locked (TVL) in the Layer 2 (L2) network contributed to the bullish momentum.
• The increased DEX activity and TVL suggest growing interest and participation in PancakeSwap's ecosystem, driving up demand for CAKE tokens.
• The resurgence in buying pressure for CAKE may also be fueled by positive market sentiment towards DeFi projects and the overall crypto market recovery.

08.09.2025 - CAKE Crypto was down 5.0%

• Despite being a top gainer recently, CAKE saw a decrease in its value today.
• The market's volatility and changes in the price of Bitcoin likely influenced CAKE's downward movement.
• Profit-taking or a shift in investor sentiment towards other tokens may have been factors contributing to the drop in CAKE's price.
• Traders are advised to closely follow market trends and think about diversifying their portfolios to manage risks in this unpredictable environment.