PancakeSwap

The post CAKE Price Signals Bullish Reversal At $2, Should You Buy? appeared first on Coinpedia Fintech News
Concluding the bearish under the 50D EMA influence, the CAKE price sets a high-speed bull sprint after testing the psychological mark of $1. Breaking above the 50D EMA, the altcoin breaks multiple resistance levels and exceeds the 200D EMA.  Crossing the $2 mark, the PancakeSwap price reaches the $2.74 mark before taking a sharp pullback, …

CAKE Price Signals Bullish Reversal At $2, Should You Buy?

The post 2023 Crypto Forecast: 3 Key Coins Poised for Exceptional Returns (DOGE, $RBLZ, CAKE) appeared first on Coinpedia Fintech News
TLDR Dogecoin looks quite likely to end 2023 on a high note due to the upcoming moon DOGE launch The second round for Rebel Satoshi‘s in-demand presale is imminent PancakeSwap may end the year trading for at least $3 While only a few weeks remain before the close of a rollercoaster 2023, analysts believe Dogecoin …

2023 Crypto Forecast: 3 Key Coins Poised for Exceptional Returns (DOGE, $RBLZ, CAKE)


                    
                    Can Shrapnel save Web3 gaming after a horror 2023? Why Disney’s NFT platform is “irrelevant” and the $26M NFT in free mobile game NFL RIvals.
                    As the year winds down, every gaming company and its dog are dropping year-in-review reports.A recent report from blockchain gaming accelerator Game7 suggests that many game developers had an enforced nap instead of pumping out new games.This year, just 223 Web3 games were launched which is a 65% drop from the 640 games launched in 2022, and even more distant from the 811 games launched in 2021.Web3 game releases per year (Game7)So whats the deal with the sudden nosedive in output?Well, the optimistic answer is Rome wasnt built in a day.It seems to be what Immutable co-founder and president Robbie Ferguson believesthat many great Web3 gaming hits are on the waybut patience is required. Speaking to Magazine, Ferguson says there has been a significant surge of money into Web3 games lately, and developers are focusing on crafting standout hits:The last year has been really interesting, Web3 gaming has had such an influx of investment, its just the time-lag of the production of games until we start seeing hitsroughly $15 billion US has been invested in Web3 gaming over the past 3 years.Similarly, Stefanidis also mentions the amount of cash flowing in the Web3 gaming scene, even though new money from retail is yet to flow back into the overall crypto markets.“The appetite has significantly increased. Projects are minting out and raising money again. I think the belief in Web3 has continued to grow, even in the bear market, Stefanidis says.But in 2024, the real hits wont just be tossing money around to keep players hooked, at least according to Gabby Dizon, co-founder of Yield Guild Games.      Read also                                                                              Features                            Are You Independent Yet? Financial Self-Sovereignty and the Decentralized Exchange                                                                                                                    Features                            North American crypto miners prepare to challenge Chinas dominance                                            In a recent interview with Cointelegraph, Dizon declared that the most successful Web3 games in 2024 will pivot from play-to-earn (P2E) to instead focus on being entirely free-to-play to attract players.Keep an eye on Shrapnel, the AAA first-person extraction shooter blockchain game to see whether it will emerge as a hit or a flop.The game has been getting a ton of hype in the industry. Its set on Earth in the year 2038, where the objective is to gather valuable in-game assets and safely extract them, while facing off against enemies and rival players.Getting ready to extract. pic.twitter.com/kq6B07Ub97— SHRAPNEL  (@playSHRAPNEL) September 13, 2023  However, John Stefanidis, CEO of Balthazar Gaming DAO, told Magazine that the games that will score big might just be the ones doing the classic, promise less, but deliver way more:“I think the challenges that games are having right now are trying to deliver on the huge number of promises that they’ve made, and they’re struggling to acquire users off the back of that when there are other games coming out that are promising much less.”Ferguson predicts that the first hit blockchain game will catalyze an entire new narrative as developers will be able to see the playbook used to make successful games.By the end of this year, there should no longer be any roadblocks for a game thats successful enough from being able to succeed.Blowfish Studios announce early access to Phantom GalaxiesThe team behind new sci-fi action RPG game Phantom Galaxies described the gaming space as “challenging and unpredictable” when it announced early access to the game.Are the developers fessing up to a little bit of market jitters as they roll out the new game?Thank you, Rangers As our Early Access journey unfolds, we want to extend a massive thank you to our team of talented Rangers. Their tireless efforts behind the scenes continue to be the backbone of our success The gaming space can be challenging and unpredictable, but https://t.co/F8QMTvKRYw— Phantom Galaxies (@the_phantom_g) November 17, 2023  Its probably unnecessary as the title has garnered considerable attention online, already clocking up over 100,000 followers on the X platform, aka Twitter.Published by Blowfish Studios, a subsidiary of Web3 giant Animoca Brands, Phantom Galaxies is available for free on both Steam and the Epic Games Store. Set in the aftermath of an interstellar war the game unfolds as the Commonwealth and the Union come together to establish the Ranger Squadron  an outfit of skilled mecha pilots who guard human colonies on the outer edges of space.Players join the squadron as an ensign  a junior ranked officer  controlling a transforming Starlighter fighting against pirate factions and aliens. According to an official blog post, an official governance token called Astrafer can be used to splash on credits, Ores, and U-Cubes for upgrading the Starfighter.There are three ranger tracks available in the game. The first two, Standard and Advanced, hook every player up with rewards after hitting certain levels. But here’s the bummer  Astrafer isnt part of the rewards for these two tracks unfortunately.      Read also                                                                              Features                            Sexual Violence in India: Blockchains Role in Empowering Survivors                                                                                                                    Features                            Airdrops: Building communities or building problems?                                            The priciest option for players is the Elite Track. Right now, this track is the only way to earn Astrafer in the game, but dont worry, they swear it wont be like this forever.The Elite Track is the only way to receive ASTRAFER in-game currently, but this will change in future.However, if users aren’t into making moolah, they can hop on the Standard Track for free.Disneys Web3 platform irrelevantDisney has decided to dip its toes in non-fungible tokens (NFT), after tossing its metaverse plans out the window earlier this year along with 50 jobs.In a partnership with blockchain and metaverse firm Dapper Labs, it has created an NFT platform that will offer iconic cartoon characters from the past century on the marketplace, dubbed Disney Pinnacle.Be the first to chase, collect and trade digital pins featuring characters you love. Only on Disney Pinnacle.  Join the waitlist at https://t.co/VCeadWRHTU!  pic.twitter.com/GQa084CkW4— DisneyPinnacle (@DisneyPinnacle) November 14, 2023  The platform will also include icons from Pixar as well as heroes and villains from the Star Wars galaxy, styled as collectible and tradable digital pins.Butis this buzz around mega-billion dollar companies jumping into the Web3 scene still a thing?Ilja Moisejevs, co-founder of Solana NFT marketplace Tensor, believes it really isnt worth the fuss:Not sure if it’s an unpopular opinion – but Disney, Nike, Sbux, the next Web2 brand getting into Web3… …is irrelevant. It’s like worrying if Walmart will start using the web in 1999. Sure they will, eventually, who cares – 99% of web’s value capture was done by web-native startups.Not sure if unpopular opinion – but Disney, Nike, Sbux, the next web2 brand getting into web3… …is irrelevant.It's like worrying if walmart will start using the web in 1999. Sure they will, eventually, who cares – 99% of web's value capture was done by web-native— ilmoi | Tensor  (@_ilmoi) November 19, 2023  Hot Take: NFL RivalsNFL Rivals is a mobile blockchain game, published by Mythical Games in collaboration with the National Football League (NFL).The gaming crew only recently bid farewell to Ethereum blockchain and jumped ship to Polkadot. They pointed the finger at Ethereums sluggish transaction speeds and wallet-draining costs. Before you roll your eyes at an NFL title, nope, you dont need to be a sports guru for this one. Honestly, its not really a game thatll make die-hard sports fans excited. Its straightforward, and thats the beauty of it.I got sucked into the gameplay, and I swear Ive never seen an NFL match.NFL Rivals is a free mobile game. If youre on the hunt for a fresh game to kill time during a delayed flight or keep you entertained when your dates fashionably late, this is the one. Better yet, it doesnt cost you a dime to play on your iPhone or Android. The tutorial was surprisingly efficient, not like those never-ending ones. It covered throws, kicks and got right into the gameplay without any fuss. Once you’re in the game, you wear the team manager hat. You assemble your players every game, level up, recruit better players (and ditch the underperformers).You can buy and sell players in NFL Rivals. Once you hit level four in the game, you unlock the option to buy, sell, and trade individual NFL players as NTFs on Mythical online marketplace.Jaquan is available for the low, low price of $26MI took a quick peek at the marketplace, and the big shot collectible is Jaquan Brisker, selling for a massive 100 million MYTH.Thats around $26 million USD, in case you were wondering.If youre not ready to splash that type of cash, no worries  you can grab yourself a bargain with Justin Houston for just 1.5 MYTH, about $0.39 USD.What I do like about NFL Rivals is that it seamlessly fits into the iPhone screen. Unlike some soccer and tennis games Ive tried where your thumbs end up covering half the action. Not cool. Controls? Pretty smooth. Even if youve got chubby fingers, this game wont have you pulling your hair out.More from the Web3 gaming space  Popular game studio Avalon has teased its new User-Generated Content (UGC) MMORPG in a 90-second trailer.   Immutable teams up with Japanese game developer Black Tower Studios, to release Web3 game Arkbound. Gaming giant Ubisoft has announced plans to launch an Ethereum non-fungible token (NFT) for its upcoming game Champion Tactics. PancakeSwap expands its gaming offerings with the launch of PancakeSwap Gaming Marketplace.    Subscribe    The most engaging reads in blockchain. Delivered once a        week.         Email addressSUBSCRIBE    

65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer


                    
                    The decentralized exchange launched a new feature that allows governance token holders to vote on which pools will receive the most rewards.
                    Decentralized crypto exchange Pancakeswap has implemented a new voting system. Called “Gauges,” the system allows governance token holders to vote for additional rewards to be distributed to particular pools, according to a Nov. 22 blog post. The exchange has also sunsetted its vCAKE metric, replacing it with a new metric called “veCAKE.”Your CAKE, Your VoiceIntroducing Gauges Voting and veCAKEMore governance power Control CAKE emissions Deeper liquidity Vote Incentiveshttps://t.co/doaCruwMV6 pic.twitter.com/GxHGHdIG4J— PancakeSwapEveryone's Favorite DEX (@PancakeSwap) November 22, 2023

Pancakeswap is the third-largest decentralized exchange in terms of total value locked (TVL), according to blockchain analytics platform DeFiLlama. At the time of publication, it had over $1.4 billion TVL. Its governance token, CAKE, is distributed as a reward to users who provide liquidity. It is governed by a decentralized autonomous organization, CakeDAO, which comprises all CAKE holders.Under the new system, CAKE holders can vote on which pools will receive additional rewards every two weeks. However, to gain the ability to vote, they must lock their CAKE into a smart contract for a set period. The longer they lock their tokens up, the more voting power they receive. Voting power is measured in a metric called “veCAKE,” which has replaced the previous “vCAKE” metric, the post stated.Related: PancakeSwap adds portfolio manager function in partnership with BrilThe exchange has also eliminated its “syrup pool” reward system, which previously allowed members of CakeDAO to stake their CAKE to receive an additional share of the exchange’s fees. Instead, the additional fees will now only be given out to users who have veCAKE.According to the post, this change was implemented to increase the utility of the CAKE token, allowing only CAKE holders to influence which pools are most profitable:“The beauty of this system lies in its exclusivity, as only veCAKE holders can channel CAKE emissions towards the pools where you have stakes, earning additional CAKE emissions as their pools garner more votes[.]”To facilitate the transition from vCAKE to veCAKE, the exchange’s interface now provides the option for staked CAKE to be transferred into the new contract by pushing a button and confirming the transaction.Pancakeswap isn’t the only DEX adding new features in November. On Nov. 14, Uniswap released an Android version of its mobile wallet, and Sushiswap began testing native Bitcoin swaps across 30 networks on Nov. 17.

Pancakeswap implements new ‘Gauges’ voting system and sunsets vCAKE metric

This proposal has garnered more than 98% support from the community

The crypto DEX PancakeSwap proposes the launch of veCAKE to increase governance influence and liquidity

Delve into the intriguing market journey of PancakeSwap (CAKE) and Uniswap (UNI) as they navigate a landscape ripe with opportunity. Our analysis examines their recent upswing, with both CAKE and UNI showing promising monthly gains. Could this be the precursor to achieving their yearly highs, especially with the festive season approaching? Uncover the nuances of their potential ascent in our comprehensive overview, offering expert insights to guide you through the possible bullish surges or unexpected shifts in the crypto market.

Can PancakeSwap (CAKE) and Uniswap (UNI) Green Streak Escalate to Yearly Triumphs?

The PancakeSwap team has proposed the introduction of Vote-Escrowed CAKE (veCAKE) to enhance governance influence, increase liquidity in pools, and reward CAKE holders. The proposal has garnered over 98% approval. The initiative aims to boost rewards and empower CAKE holders. VeCAKE holders would have the ability to direct CAKE emissions in farms and could delegate ... Read more

The PancakeSwap Community Votes for “veCAKE”

In a recent mysterious post, PancakeSwap caught the attention of the crypto community by highlighting the date of November 22 in a message on its social media. In this enigmatic post, PancakeSwap left the phrase: “Do you see what I see? 22.11.23.” The message triggered speculation and anticipation among investors and followers of PancakeSwap, as ... Read more

PancakeSwap Makes a Mysterious Post. The Price of CAKE Skyrockets

Source: pancakeswap.games Decentralized exchange (DEX) PancakeSwap has launched its Gaming Marketplace, enabling developers to directly build, publish, and update games on the platform to an audience of 1.5 million potential players. Per the announcement, the platform is also a hub for the community to explore games that feature ecosystem elements, including its coins and non-fungible […]
The post Crypto Exchange PancakeSwap Expands into Gaming with New Marketplace – Earn CAKE for Playing Games? appeared first on Cryptonews.

Crypto Exchange PancakeSwap Expands into Gaming with New Marketplace – Earn CAKE for Playing Games?

PancakeSwap, the leading decentralized exchange (DEX) on BNB Chain, recently announced the launch of its Gaming Marketplace – a platform for developers to build and publish blockchain-based games. This strategic move aims to capitalize on the fast growing GameFi niche by integrating crypto tokens and NFTs into gaming applications. Keypoints PancakeSwap launched a new Gaming [...]
The post PancakeSwap Bets on GameFi: Launches Blockchain Gaming Marketplace appeared first on Blockonomi.

PancakeSwap Bets on GameFi: Launches Blockchain Gaming Marketplace

The marketplace will allow developers to directly build, publish, and update games on the platform.

PancakeSwap Targets GameFi With Release of Gaming Marketplace

Multi-chain decentralized exchange (DEX) PancakeSwap is pushing into games, starting with a couple built around its CAKE token and NFTs.

PancakeSwap Launches Crypto Gaming Hub—And You Can Earn CAKE

Decentralized exchange PancakeSwap recently launched a gaming marketplace, blending web3 elements like cryptocurrencies and NFTs with traditional gaming, marking a significant shift in the intersection of digital finance and entertainment.

PancakeSwap enters the gaming arena with a new web3 integrated marketplace

BinaryX, a leading GameFi and IGO platform, is elated to announce the launch of Pancake Mayor, a new city-building simulator game. Launched on the PancakeSwap Gaming Marketplace, Pancake Mayor is a free-to-play game where players build their cities inspired by famous cities worldwide. The game is designed to offer players a fun and rewarding experience […]

BinaryX Launches New Game ‘Pancake Mayor’ On PancakeSwap’s New Marketplace

Lido DAO has grown over the years to become the leading liquid staking protocol on the Ethereum network and its native LDO token has enjoyed tremendous success on the back of this. The protocol’s continuous growth has been purported to be what will push LDO to new all-time highs and one crypto analyst has revealed how high the token’s price could go. Lido DAO To Beat Previous $7.22 All-Time High Back in the bull run of 2020-2021, the price of Lido DAO’s native LDO token soared with the rest of the market and eventually touched its all-time high price of $7.22. Naturally, this has been the level that bulls have been trying to get back to that would put all holders back in profit. However, crypto analyst Weslad expects the altcoin to completely clear this all-time high price by at least a 4x. Related Reading: BlackRock’s XRP ETF Filing, Everything You Need To Know In an analysis posted on the TradingView website, Weslad reveals the roadmap for LDO’s price to rise another 1,400% from here. According to the analyst, the LDO/USDT has been showing a “robust ascending triangle pattern.” This pattern, the analyst says, suggests that LDO could move to test the Neckline which is a critical supply zone for the asset. The analyst who is obviously very bullish on LDO expects that this level will be breached and that the altcoin will eventually turn this resistance mark into support. “The Buy back area on the chart should give all the bull an opportunity to accumulate the coin before major move begins and at same time the chart indicates the outlined target,” Weslad says. The first target in this setup is already above its ATH price at $9.,176. From here, the analyst expects another bounce up to take the Lido DAO price above $15.9, double its previous all-time high. But it still doesn’t end here. Source: Tradingview.com A final setup outlined by the crypto analyst brings the next target to $29.3. After that comes the coveted $37 level, which is at the very peak of this expected rally. Just below the buy back zone at around $1.9, the analyst outlines a stop loss zone below $1.473. “The stop loss range is an important area that need to be watched closely should incase price turn around,” the analyst warns. LDO Enters Top Gainers The bullishness surrounding Lido DAO and the native token LDO is not without metric, especially given the token’s performance in the last week. LDO has seen its price rise approximately 27% in one week to breach the $2.47 mark. Related Reading: Bitcoin Price Ready To Go ‘Supersonic’, Analyst Says Even more impressive is its 24-hour positive moves that have come out to 10.5%. This rise puts it in the list of the top 10 gainers in the last day behind the likes of Kaspa (KAS) and PancakeSwap (CAKE). LDO’s large transaction volume has also fallen in the last week which suggests that whales are winding down their activities. While this could mean there is not a lot of buying going on by these large whales, it also suggests there is not a lot of selling happening either. This could point toward a tendency to hold and wait for better prices rather than selling tokens now. LDO breaks above $2.5 | Source: LDOUSDT on Tradingview.com Featured image from Coins.ph, chart from Tradingview.com

Lido DAO (LDO) New All-Time High? One Analyst’s Perfect Setup To $37

In the last two weeks, PancakeSwap’s native token, $CAKE, has encountered a staggering 100% gain. This is a surge credited to the strategic moves embraced by the PancakeSwap team. Rather than arbitrary market movements, these positive developments are the outcome of a purposeful investment for future growth.  PancakeSwap Seals Off Deals And Price Action Consistently, […]

PancakeSwap’s Strategic Moves Drive $CAKE Token To Remarkable 100% Gain In Just 2 Weeks

[PRESS RELEASE – Singapore, Singapore, November 15th, 2023] BinaryX, a GameFi and Initial Game Offering (IGO) platform, today announced the launch of Pancake Mayor, a new city-building simulator on the newly launched PancakeSwap Gaming Marketplace. Pancake Mayor: City Building Simulator Pancake Mayor is a free-to-play casual city-building game where players can obtain in-game currency, Mayor […]

BinaryX Launches City Building Game Pancake Mayor on PancakeSwap’s New Marketplace

The post PancakeSwap Price Prediction 2023, 2024, 2025: Will CAKE Price Surge In 2023? appeared first on Coinpedia Fintech News
Story Highlights The live price of CAKE token is . PancakeSwap price can go as high as $3.42 by the end of 2023. CAKE with a potential surge could go as high as $9.94 by the end of 2030. The ever-evolving crypto space is home to a host of promising and competent projects. One such …

PancakeSwap Price Prediction 2023, 2024, 2025: Will CAKE Price Surge In 2023?

BinaryX, a GameFi and Initial Game Offering (IGO) platform, today announced the launch of Pancake Mayor, a new city-building simulator on the newly launched PancakeSwap Gaming Marketplace.  Pancake Mayor is a free-to-play casual city-building game where players can obtain in-game currency, Mayor Cash, to upgrade and build their own cities, inspired by famous cities around … Continued
The post BinaryX Launches City Building Game Pancake Mayor on PancakeSwap’s New Marketplace appeared first on BeInCrypto.

Decentralized exchange (DEX) protocol PancakeSwap (CAKE) is leading the price charge today following its most dramatic price resurgence in recent times. At the time of writing, data from Coinstats pegs […]
The post Reason Why PancakeSwap (CAKE) Suddenly Jumped By 20% appeared first on BitcoinWorld.

Reason Why PancakeSwap (CAKE) Suddenly Jumped By 20%

PancakeSwap has proposed a new adjustment to its BNB farm rewards. Will this help CAKE's price rise? 
The post Will CAKE’s fortunes turn with this PancakeSwap proposal? appeared first on AMBCrypto.