Key takeaways
With decentralized finance (DeFi) rising, PancakeSwap, one of the largest decentralized exchanges (DEXs), has been at the forefront of the revolution. The future of the CAKE cryptocurrency will depend on using the PancakeSwap exchange. The coin’s value will also depend on future sentiment on the broader crypto markets, among other factors. CAKE token is at the heart of the PancakeSwap ecosystem. Buy it, win it, farm it, spend it, stake it… heck, you can even vote with it!
PancakeSwap network has regularly incorporated distinctive features that encourage traders and investors to use the platform. For instance, the PancakeSwap platform pushed out a v3 update in Q2, a feature that enhances the platform’s capital efficiency. These include allowing liquidity providers to concentrate their capital on smaller price ranges, a feature that results in higher fee earnings from the same amount of deposits. One of the more recent developments in the multichain DEX ecosystem is the cross-network integrations intended to facilitate secure and seamless cross-chain swaps.
If PancakeSwap sounds interesting and you want to know more about the ecosystem’s native coin, price analysis, and future predictions, we’ve got it all for you. Let’s get into it!
Cryptocurrency | PancakeSwap |
Ticker | CAKE |
Current price | $1.6319 |
Market cap | $818,856,274 |
Trading volume | $416,145,253 |
Circulating supply | 297,061,662 CAKE |
All-time low | $0.1944 Nov 03, 2020 |
All-time high | $43.96 Apr 30, 2021 |
24-hour low | $2.48 |
24-hour high | $2.92 |
Metric | Value |
Volatility (30-day variation) | 18.50% |
50-day SMA | $2.22 |
200-day SMA | $2.16 |
Sentiment | Bullish |
Fear and greed index | 54 (Neutral) |
Green days | 15/30 (50%) |
TL;DR Breakdown
On February 17, 2024, PancakeSwap price analysis confirmed a downward trend for the cryptocurrency. Currently trading at $2.77, the coin is correcting today. It lost up to 0.72% of its value in the last 24 hours. The overall market sentiment remains positive; considering the ongoing larger uptrend, today’s decline seems like a minor correction.
The 1-day pancake price analysis indicates a downtrend. This movement suggests a bearish trend as the selling activities dominate over the buying activities. However, the chances of reversal seem high in the face of the increasing volatility.
The area between the upper and lower bands of the Bollinger bands indicator defines market volatility. As the bands are widening, this signals a rise in volatility. The upper limit of the Bollinger bands indicator, serving as the resistance band, is at $2.94. Its lower limit, acting as the support, is around $1.03.
The Relative Strength Index (RSI) indicator is in the upper neutral region. Its value is 67.98; however, its curve is descending. The continual downward movement of the RSI confirms a negative market sentiment. Moreover, considering the larger uptrend, this marks stability in the trading atmosphere.
The 4-hour price chart for Pancakeswap presents a bearish scenario of the market events. CAKE/USD value dropped to $2.77. The selling activities remained quite intense compared to the buying activities in the past four hours. This suggests an encouraging signal for investors waiting for a dip.
Volatility is increasing, which confirms higher market unpredictability. Moving ahead, the upper boundary of the Bollinger bands indicator is at $2.87, confirming the resistance threshold. Conversely, the lower boundary of the Bollinger bands indicator is at $2.35, securing stable support.
The RSI graph displays a downward curve because of today’s decline. In the past four hours, its value has slipped to 60.03. This signals rising selling pressure and, therefore, downward price movement. The RSI value can move beyond the neutral region if the bulls return by the next trading session.
Period | Value ($) | Action |
SMA 3 | 2.49 | BUY |
SMA 5 | 2.51 | BUY |
SMA 10 | 2.19 | BUY |
SMA 21 | 1.93 | BUY |
SMA 50 | 2.22 | BUY |
SMA 100 | 2.46 | BUY |
SMA 200 | 2.16 | BUY |
Period | Value ($) | Action |
EMA 3 | 2.05 | BUY |
EMA 5 | 2.10 | BUY |
EMA 10 | 2.23 | BUY |
EMA 21 | 2.41 | BUY |
EMA 50 | 2.55 | BUY |
EMA 100 | 2.46 | BUY |
EMA 200 | 2.37 | BUY |
CAKE is a coin with utility that continues to trade higher, indicating growing adoption among crypto investors. Despite this, the coin faces uncertainties and volatility like all other cryptocurrencies. Our Cryptopolitan price prediction explores its expected movements from 2025 to 2031.
Pancakeswap price analysis predicts a bearish outcome regarding the ongoing market events. The coin’s value has descended to $2.77, as a downturn was recorded today. However, the overall market sentiment remained positive, as the correction is still minimal. Technical indicators support the bulls; however, the price charts favor the bears for today.
PancakeSwap has been devaluing rapidly for the past few days. However, the coin is under correction today, trading at $2.77 amidst the larger uptrend, which triggered a small dip.
The highest price of PancakeSwap in 2025 is expected to be $4.14, with an average of $3.45.
Yes, PancakeSwap should rise above $5 in 2026. Its price will range between $5.06 and $6.45 during that period.
Yes, PancakeSwap should rise above $10 in 2028. Its price will range between $9.67 and $11.05 during that period.
Per the Cryptocurrency price estimates, PancakeSwap prices are unlikely to reach $100 before 2031, The maximum it can reach is $17.96 by that time.
According to market conditions and price forecasts, PancakeSwap is set to trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
PancakeSwap price prediction suggests that a break above resistance will result in a mini bull run, with the next target at $3.25. This month, it will average at $1.81, and in a bearish scenario, CAKE could drop to $1.27 at its lowest.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
February | 1.27 | 1.81 | 3.25 |
As per price PancakeSwap price predictions price forecast for 2025, CAKE price is expected to trade at a minimum price of $2.76 with an average price of $3.45 as per price prediction for 2024, while the maximum price will be $4.14.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2025 | 2.76 | 3.45 | 4.14 |
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2026 | $5.06 | $5.76 | $6.45 |
2027 | $7.37 | $8.06 | $8.75 |
2028 | $9.67 | $10.36 | $11.05 |
2029 | $11.97 | $12.66 | $13.35 |
2030 | $14.27 | $14.96 | $15.66 |
2031 | $16.58 | $17.27 | $17.96 |
According to the 2026 PancakeSwap price prediction, CAKE will trade at a minimum price of $5.06, while the average price will be $5.76. The CAKE will trade at a maximum price of $6.45.
In 2027, the PancakeSwap price prediction suggests that CAKE is expected to trade at a maximum price of $8.75, while we expect a minimum price of $7.37, and the average PancakeSwap price will be $8.06.
PancakeSwap price forecast suggests that in 2028, CAKE will trade at an average price of $10.36, while we expect the lowest price to be $9.67. The PancakeSwap price forecast shows that the maximum price will be $11.05.
According to PancakeSwap price prediction, the coin will trade at a maximum price of $13.35, and the minimum price of CAKE is expected to be $11.97. The average price of PancakeSwap in 2029 will be $12.66.
According to CAKE price prediction, in 2030, CAKE will reach a maximum price of $15.66 while the average price will hit $14.96, and the minimum price for 2030 will be $14.27.
PancakeSwap price prediction shows that in the year 2031, the coin will continue to trade bullishly. We expect the maximum price of CAKE to be $17.96, while the minimum price will exchange hands at $16.58. The average trading price of CAKE will be $17.27.
Platform | 2025 | 2026 |
Digitalcoinprice | $5.29 | $6.27 |
Coincodex | $3.16 | $1.735727 |
At current levels, Cryptopoliytan’s Pancakeswap price prediction, CAKE presents the potential to be bullish in the future. According to our predictions, PancakeSwap could achieve a high of $3.95 in the second half of 2025. In 2026, it’s expected to maintain a trading range of $4.91–$6.33, with an average of $5.61. Note the predictions are not investment advice. Seek independent professional consultation or do your research.