Hold onto your wallets, folks! Coinbase just dropped the bombshell that they’re officially adding PancakeSwap’s ($CAKE) shiny new ERC-20 token to their menu. Because nothing says “Financial Stability” like some good old crypto bakery, right? 🥐💸 The trading door swings open once they’re done checking all the boxes—basically waiting for your grandma’s approval to buy more digital cake.
And guess what? This CAKE announcement comes fresh on the heels of regulatory drama clearing up at Binance in the US. Yep, after a prolonged court drama featuring lots of legal jargon, the SEC decided to play nice—well, at least for now. So, everybody’s feeling a little more confident that crypto’s not heading to the slammer anytime soon.
Meanwhile, PancakeSwap has been thriving like a houseplant in a sunny window – dominating DEX volumes on Binance Smart Chain with a jaw-dropping $165.3 billion traded in May alone. That’s a lot of pancakes—not the edible kind, but close enough, right? 🍽️
Assets added to the roadmap today: PancakeSwap (CAKE)
— Coinbase Assets (@CoinbaseAssets) June 4, 2025
Crypto Nerds Say CAKE Is About to Break Free! 🚀
After Coinbase’s announcement, CAKE took a nice little jump—up about 1%, now chilling at roughly $2.44 on a Wednesday (which, by the way, is basically the new Friday for crypto traders). With a mini-market cap of $903 million and trading volumes that make your bank account look boring, everyone’s whispering about a big breakout just over the horizon. Or maybe just over $3—how about that?
Back since February, CAKE’s been playing hard to get, trapped in a rising triangle pattern like that one friend who refuses to admit they like you. The resistance level at $2.87 has been tested more times than your patience during a slow Wi-Fi outage. Now, with the MACD gearing up to cross zero—basically giving the green light—analysts are whispering about a potential surge to $4.3. But beware: if CAKE closes below its trendy trendline, it might just slip below $2 and ruin everyone’s party. 🎉🚫
Read More
- Best Awakened Hollyberry Build In Cookie Run Kingdom
- AI16Z PREDICTION. AI16Z cryptocurrency
- Tainted Grail the Fall of Avalon: Should You Turn in Vidar?
- Nintendo Offers Higher Margins to Japanese Retailers in Switch 2 Push
- Best Mage Skills in Tainted Grail: The Fall of Avalon
- Nintendo Switch 2 Confirms Important Child Safety Feature
- Nintendo May Be Struggling to Meet Switch 2 Demand in Japan
- Top 8 UFC 5 Perks Every Fighter Should Use
- Nintendo Dismisses Report On Switch 2 Retailer Profit Margins
- Nvidia Reports Record Q1 Revenue
2025-06-05 02:07