Can PancakeSwap reach $100? – Katoch Tubes

Tasting the PanCAKEswap

Tasting the PanCAKEswap

What is PancakeSwap?

PancakeSwap is an open-source DEX built on BNB Chain. Its the leading exchange on Binance supporting swapping, staking etc  for BEP20 tokens

PancakeSwap Founder

Launched in Sept 2020, PancakeSwap was developed by unknown developers. Recently, Binance made a strategic investment of undisclosed amount in the exchange

SnapShot:

1. Type: DEX 2. Model:  AMM 3. Ticker: CAKE 4. Supply: Unlimited Read the project details-

CAKE Coin

CAKE is the native token of PancakeSwap. It is used for governance, staking, yield farming & rewards distribution. Also check -

How to earn  from PancakeSwap?

The Swap offers multiple options to generate a passive income like Syrup pools, lottery etc. This is how it works-

Can PancakeSwap  reach $100?

After backing from Binance Labs and pushing the marketing efforts. It has the potential to hit $100 within five to seven years.

Is PancakeSwap a good investment?

The growth of DEXes depends on the number of transaction & usage of its products. CAKE is growing & should be taken as long term hold

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