CAKE is up 4.5% in the last 24 hours and could extend its gains towards $2.0 as derivatives data turn bullish.
The PancakeSwap is trading at $1.95 zone, as the derivaives market suggest a positive outlook, as CAKE price eyes above $2.01 ...
PancakeSwap has proposed to cut CAKE supply by 50 million tokens, with market data showing an immediate rise in trading activity.