PancakeSwap Price Prediction: 2024, 2025, 2030
PancakeSwap’s price at the same time last week was $1.88. It has moved by 4.24 % in the past week and is currently at $1.92. Infact, in the past 24 hours, CAKE has pumped by 0.48 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and CAKE could hit $2.95 in 2025.
The total circulating supply of PancakeSwap as of writing this article was $282967359.19 and the marketcap of CAKE remains at $544,649,497. PancakeSwap price in the longer term is expected to reach a high of $16.76 in 2035.
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
About PancakeSwap
Pancake Swap (CAKE): An overview
Source: Pancakeswap.finance
Built on the BNB chain, Pancake Swap (CAKE) is a decentralized cryptocurrency exchange (DEX) that allows users to trade digital assets, provide liquidity, and earn rewards through activities such as yield farming and staking.
The platform functions as a decentralized finance (DeFi) protocol, offering users an alternative to traditional centralized exchanges. Pancake Swap enables the swapping of digital assets through liquidity pools, where users contribute tokens that serve as collateral for trades.
One of the significant advantages of Pancake Swap is its low fees compared to other exchanges, resulting from its utilization of the BNB Chain. Additionally, its user-friendly interface and diverse range of features make it accessible to both beginners and experienced users in the DeFi space.
CAKE token
Source: Pancakeswap.finance
Pancake Swap utilizes its native utility token, CAKE, which is a BEP-20 token. The token is a multichain cryptocurrency originating from the BNB Chain and accessible on Ethereum and Aptos. It plays a central role in the ecosystem, facilitating various use cases and activities.
Use cases
Yield farming: Users can stake CAKE tokens to provide liquidity to the platform and earn more CAKE as rewards. By staking CAKE and other supported tokens, users can receive liquidity provider (LP) tokens, which can be staked to earn additional CAKE.
Staking: CAKE token holders can stake their tokens in Syrup Pools to earn other tokens as rewards. These pools often feature new projects or established tokens, providing users with diverse earning opportunities.
Governance: Token holders can participate in the governance of the Pancake Swap platform by voting on proposals, updates, and other decisions that shape the platform's future. By staking CAKE for a set period, users can generate vCAKE, which strengthens their voting influence.
Lottery: Pancake Swap features a lottery system where users can purchase lottery tickets using CAKE tokens for a chance to win more tokens. The lottery system utilizes a provably fair algorithm and draws winners based on the ticket numbers.
Non-fungible tokens (NFTs): CAKE tokens can be utilized to personalize Pancake Swap NFT profiles, allowing users to participate in initial farm offerings (IFOs) and other platform features.
The token’s maximum supply is capped at 750 million. It had an initial emission rate of 40 tokens per block, which was subject to a reduction over time and currently stands at 1.39 tokens per block.
How does Pancake Swap function?
Source: Pancakeswap.finance
The automated market maker (AMM) is a key component of Pancake Swap, enabling users to trade cryptocurrencies without the need for a traditional order book or market maker. In an AMM, liquidity pools serve as the source of funds for trades, and smart contracts handle the transactions. Here's how the AMM works in Pancake Swap:
Liquidity pools
A liquidity pool consists of two tokens deposited by users who act as liquidity providers. Each pool represents a trading pair, for example, CAKE/BNB. LPs deposit equal amounts of both tokens, contributing to the pool's reserves. In return, they receive LP tokens, representing their share of the pool.
Price determination
The AMM system uses a pricing algorithm based on the ratio of tokens in the liquidity pool. In Pancake Swap, the constant product market maker (CPMM) model is employed, which maintains the product of the two tokens in the pool as constant. As the number of tokens in the pool changes due to trades, the algorithm automatically adjusts the token price to maintain a constant value.
Swapping tokens
When a user wants to swap one token for another, the AMM system calculates the number of tokens they will receive based on the current pool ratio and the amount they are swapping. A trade will increase the supply of one token in the pool while decreasing the supply of the other token. Consequently, the token price changes according to the CPMM formula, resulting in a higher price for the token with a decreased supply and a lower price for the token with an increased supply.
Fees and slippage
For each trade on Pancake Swap, a small fee (usually 0.2%-0.3%) is charged. This fee is added to the liquidity pool, and LPs indirectly receive a portion of it when they redeem their LP tokens.
Due to the nature of AMM systems, trades involving large quantities of tokens can cause significant price changes, referred to as slippage. Users can set a maximum slippage tolerance to ensure their transactions only go through if the price slippage stays within their specified limit.
Pancake Swap’s journey
Source: Pancakeswap.finance
In September 2020, Pancake Swap was founded by a group of anonymous developers who aimed to make DeFi more accessible to users while offering low fees and an enhanced user experience. It was launched on the Binance Smart Chain (BSC), now known as the BNB chain, due to the network's fast and cost-effective transactions, which allowed the platform to thrive.
Throughout its history, Pancake Swap has undergone several upgrades and developments to enhance its features, security, and user experience. Some of the major developments include:
- February 4, 2021: Pancake Swap launched NFT profiles, teams, and a points system.
- April 14, 2021: The platform launched a $150,000 bounty to promote the development of its information site.
- April 29, 2021: Auto-compounding was introduced.
- June 29, 2022: Pancake Swap announced the first fixed-term CAKE staking benefit, iCAKE, which gave increased IFO benefits to loyal CAKE holders.
- July 4, 2022: A liquidity provisioning feature called Zap was launched.
- July 27, 2022: vCake was launched to incorporate weighted voting power based on fixed-term CAKE staking.
- August 12, 2022: A farm yield booster, bCAKE, was launched.
- November 30, 2022: Pancake Swap launched USDT-BUSD, USDC-BUSD, and USDC-USDT StableSwap pairs.
- December 13, 2022: The Aptos PancakeBridge was unveiled, which enabled a way to bridge CAKE tokens to Aptos.
- April 3, 2023: Pancake Swap V3 went live on both BNB Chain and Ethereum.
- April 4, 2023: The platform launched its first affiliate program with V3.
- April 11, 2023: CAKE went live on Ethereum.
- April 28, 2023: Pancake Swap launched liquid staking integration with Binance Earn.
- June 9, 2023: Pancake Swap partnered with Celer Network to bridge ARB and OP tokens for zero slippage trades on the BNB Chain.
- June 26, 2023: Pancake Swap joined Linea Voyage's DeFi week as a Testnet Ecosystem Partner.
- June 29, 2023: Pancake Swap expanded to Polygon zkEVM, marking a new era of multichain DeFi.
- August 24, 2023: Pancake Swap v3 went live on Linea.
- September 27, 2023: Pancake Swap v3 went live on opBNB.
- November 15, 2023: Pancake Swap introduced its gaming marketplace.
CAKE Price Analysis
The weekly chart of CAKE, from November 2022 to November 2023, displayed a dominant bearish trend. Throughout the analysis period, $4.68 remained formidable, effectively capping any significant upward movement in the price. Every attempt to surpass this peak resistance led to considerable pullbacks.
CAKE weekly chart
During its struggle with the peak resistance, CAKE found footing at a support level of $3.62. This level was briefly compromised in December, but a short-lived bullish rally in January allowed the price to re-establish this support.
However, it faced rejection again at the same peak. In mid-April, a more pronounced bearish trend emerged, conclusively breaking the $3.62 support level and transforming it into a strong resistance.
As the year progressed, a series of price declines brought CAKE to a new support level at $1.32 in June. This level, too, was breached by mid-August, leading the price to its lowest support for the analyzed period at $1.11.
Towards the end of October, the market witnessed a significant price hike, breaching $1.32, and as of the time of writing, CAKE was trading at $2.66, eyeing the resistance level at $2.68.
The trading volume for CAKE remained notably low until mid-April, reflecting a lack of significant trading activity. Post-April, even as the price continued to decline, the trading volume showed only a minor recovery, indicating a continued lack of engagement from traders.
However, the price hike in October corresponded with a spike in trading volume, suggesting renewed interest in the asset. Towards the end of the analysis period, an increasing trend in volume was observed, potentially signaling growing trader participation.
The Relative Strength Index (RSI) for CAKE showed some volatility throughout the year. In January, as part of the brief bullish rally, the RSI climbed above the 50 mark, indicating some buying momentum.
However, it soon retreated, entering the oversold region in April and reaching a low of 21.86 in June, reflecting strong seller dominance. From October onwards, the RSI recovered, moving above the oversold region and even surpassing the 50 mark, with its latest value recorded at 66.40. This improvement suggested a shift in market sentiment, potentially indicating a strengthening bullish trend.
The On-Balance Volume (OBV) indicator displayed a sharp decline from March, mirroring the strong bearish market pressure. However, this trend reversed from mid-October, coinciding with the price hike, indicating a potential shift in market momentum and trader sentiment.
Should you consider buying CAKE?
Based on the analysis of the aforementioned indicators, it appears that CAKE is currently experiencing a change in market sentiment, with indicators like RSI and OBV showing positive signs. For traders considering an entry into the market, a buying range between $1.05 and $1.1 can likely be targeted, considering the recent recovery in price and indicators.
However, it is essential to monitor the price movements and the continued development of trading volume and RSI, as these will provide further clues about the sustainability of this recovery. As always, potential investors should exercise due diligence and consider market risks and their investment strategy before making any decisions.
PancakeSwap Price Prediction
PancakeSwap has had an eventful 2023. To simplify the latest CAKE price prediction, we have divided up the prediction by short term PancakeSwap price prediction and long term PancakeSwap price prediction. As of writing this article, CAKE had a trading volume of 121,282,007. PancakeSwap has gone up by 0.85% in the past 30 days.
According to our analysis in the short term, PancakeSwap price prediction for January 2025 shows the average price of CAKE at 2.23 and the highest possible price for January 2025 would be $2.38.
Further, according to our analysis in the long term, PancakeSwap price prediction for May 2025 shows the average price of CAKE at 2.30 and the highest possible price for May 2025 would be $2.47.
PancakeSwap's Short Term Price Prediction
| Date | Avg Price | Lowest Price | Highest Price |
| 22 November 2024 | $1.95 | $1.81 | $2.09 |
| 23 November 2024 | $1.96 | $1.82 | $2.10 |
| 24 November 2024 | $1.97 | $1.83 | $2.11 |
| 25 November 2024 | $1.98 | $1.84 | $2.12 |
| 30 November 2024 | $2.03 | $1.89 | $2.17 |
| 5 December 2024 | $2.07 | $1.93 | $2.22 |
| 15 December 2024 | $2.18 | $2.02 | $2.33 |
PancakeSwap price prediction 22 November 2024: PancakeSwap's price for 22 November 2024 according to our analysis should range between $1.81 to $2.09 and the average price of CAKE should be around $1.95.
PancakeSwap price prediction 23 November 2024: PancakeSwap's price for 23 November 2024 according to our analysis should range between $1.82 to $2.10 and the average price of CAKE should be around $1.96.
PancakeSwap price prediction 24 November 2024: PancakeSwap's price for 24 November 2024 according to our analysis should range between $1.83 to $2.11 and the average price of CAKE should be around $1.97.
PancakeSwap price prediction 25 November 2024: PancakeSwap's price for 25 November 2024 according to our analysis should range between $1.84 to $2.12 and the average price of CAKE should be around $1.98.
PancakeSwap price prediction 30 November 2024: PancakeSwap's price for 30 November 2024 according to our analysis should range between $1.89 to $2.17 and the average price of CAKE should be around $2.03.
PancakeSwap price prediction 5 December 2024: PancakeSwap's price for 5 December 2024 according to our analysis should range between $1.93 to $2.22 and the average price of CAKE should be around $2.07.
PancakeSwap price prediction 15 December 2024: PancakeSwap's price for 15 December 2024 according to our analysis should range between $2.02 to $2.33 and the average price of CAKE should be around $2.18.
PancakeSwap's Long Term Price Prediction
PancakeSwap’s long term Price Prediction below is a look at CAKE’s future prospect with regards to price. PancakeSwap was last seen at $1.92, with a market cap of $544,649,497 and trading volumes of $121,282,007. CAKE’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Price |
| 2024 | $2.23 | $1.78 | $2.67 |
| 2025 | $2.46 | $1.96 | $2.95 |
| 2026 | $2.98 | $2.38 | $3.57 |
| 2027 | $3.69 | $2.96 | $4.43 |
| 2028 | $3.70 | $2.96 | $4.44 |
| 2029 | $4.81 | $3.85 | $5.77 |
| 2030 | $5.24 | $4.19 | $6.28 |
| 2031 | $5.94 | $4.76 | $7.13 |
| 2032 | $5.92 | $4.73 | $7.10 |
| 2033 | $7.74 | $6.19 | $9.28 |
| 2034 | $8.48 | $6.78 | $10.18 |
| 2035 | $13.97 | $11.17 | $16.76 |
PancakeSwap price prediction 2024: PancakeSwap's price for 2024 according to our analysis should range between $1.78 to $2.67 and the average price of CAKE should be around $2.23.
PancakeSwap price prediction 2025: PancakeSwap's price for 2025 according to our analysis should range between $1.96 to $2.95 and the average price of CAKE should be around $2.46.
PancakeSwap price prediction 2026: PancakeSwap's price for 2026 according to our analysis should range between $2.38 to $3.57 and the average price of CAKE should be around $2.98.
PancakeSwap price prediction 2027: PancakeSwap's price for 2027 according to our analysis should range between $2.96 to $4.43 and the average price of CAKE should be around $3.69.
PancakeSwap price prediction 2028: PancakeSwap's price for 2028 according to our analysis should range between $2.96 to $4.44 and the average price of CAKE should be around $3.70.
PancakeSwap price prediction 2029: PancakeSwap's price for 2029 according to our analysis should range between $3.85 to $5.77 and the average price of CAKE should be around $4.81.
PancakeSwap price prediction 2030: PancakeSwap's price for 2030 according to our analysis should range between $4.19 to $6.28 and the average price of CAKE should be around $5.24.
PancakeSwap price prediction 2031: PancakeSwap's price for 2031 according to our analysis should range between $4.76 to $7.13 and the average price of CAKE should be around $5.94.
PancakeSwap price prediction 2032: PancakeSwap's price for 2032 according to our analysis should range between $4.73 to $7.10 and the average price of CAKE should be around $5.92.
PancakeSwap price prediction 2033: PancakeSwap's price for 2033 according to our analysis should range between $6.19 to $9.28 and the average price of CAKE should be around $7.74.
PancakeSwap price prediction 2034: PancakeSwap's price for 2034 according to our analysis should range between $6.78 to $10.18 and the average price of CAKE should be around $8.48.
PancakeSwap price prediction 2035: PancakeSwap's price for 2035 according to our analysis should range between $11.17 to $16.76 and the average price of CAKE should be around $13.97.
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FAQs about PancakeSwap
PancakeSwap’s current price is $1.92 and witnessed a 0.48% increase in the past 24 hours. CAKE/BTC pair saw a -1.60% decrease in the past 24 hours
Investing in PancakeSwap, CAKE will purely depend on your personal risk appetite. As you can see over the past 24 hours PancakeSwap’s price has witnessed a 0.48% increase and over the past 30 days PancakeSwap has increase by 0.85%. So it all depends on if this investment will hit your trading goals.
According to our latest PancakeSwap Price prediction for 2024, CAKE should vary between $2.67 and $1.78. Please keep in mind that the crypto market is very volatile and this PancakeSwap price prediction does not account for extreme wild swings in price.
As per the PancakeSwap price prediction 2024 model above, CAKE’s price for November 2024 should range between $1.78 to $2.67 with the average price for November being $2.23
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2025 would be $2.46. This price would however would range from $2.95 and $1.96.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2026 would be $2.98. This price would however would range from $3.57 and $2.38.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2027 would be $3.69. This price would however would range from $4.43 and $2.96.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2028 would be $3.70. This price would however would range from $4.44 and $2.96.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2029 would be $4.81. This price would however would range from $5.77 and $3.85.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2030 would be $5.24. This price would however would range from $6.28 and $4.19.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2031 would be $5.94. This price would however would range from $7.13 and $4.76.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2032 would be $5.92. This price would however would range from $7.10 and $4.73.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2033 would be $7.74. This price would however would range from $9.28 and $6.19.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2034 would be $8.48. This price would however would range from $10.18 and $6.78.
According to the PancakeSwap Price Prediction model above, CAKE’s price in 2035 would be $13.97. This price would however would range from $16.76 and $11.17.
The highest price for PancakeSwap was recorded in 30 April 2021 during which CAKE hit an All Time High of $43.96
The price of 1 PancakeSwap according to current market rate is $1.92
