CAKE’s value surged by 15%, hinting at exciting times ahead for PancakeSwap. The decentralized exchange is showing signs of increased activity, sparking curiosity about potential market shifts. Could this be a prelude to a larger trend in the crypto world? The article delves into the coins that might be poised for significant growth. PancakeSwap Shows Signs of Recovery with Recent Price Surge Source: tradingview PancakeSwap's price currently sits between two and almost two and a half dollars. Recently, it has climbed nearly 14% in one week, hinting at a recovery from its monthly drop of about 8%. The Relative Strength Index suggests it might be undervalued, and the Stochastic indicates further upward potential. If buying pressure continues, PancakeSwap could push past its nearest resistance of nearly two and a half dollars to around two dollars and a half and beyond, up to three dollars and a bit. This movement would mean possible gains of over 25% from its current range. However, it also faces a risk of retreating to its support levels if buyers lose interest. Conclusion CAKE's recent 15% increase indicates rising interest in PancakeSwap. The momentum suggests that it is gaining traction and could be setting up for more significant moves. Keeping an eye on CAKE might be wise as further developments unfold. Rising trading volume and community engagement often lead to more sustained growth. Future trends need close monitoring for informed decisions. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.CAKE’s value surged by 15%, hinting at exciting times ahead for PancakeSwap. The decentralized exchange is showing signs of increased activity, sparking curiosity about potential market shifts. Could this be a prelude to a larger trend in the crypto world? The article delves into the coins that might be poised for significant growth. PancakeSwap Shows Signs of Recovery with Recent Price Surge Source: tradingview PancakeSwap's price currently sits between two and almost two and a half dollars. Recently, it has climbed nearly 14% in one week, hinting at a recovery from its monthly drop of about 8%. The Relative Strength Index suggests it might be undervalued, and the Stochastic indicates further upward potential. If buying pressure continues, PancakeSwap could push past its nearest resistance of nearly two and a half dollars to around two dollars and a half and beyond, up to three dollars and a bit. This movement would mean possible gains of over 25% from its current range. However, it also faces a risk of retreating to its support levels if buyers lose interest. Conclusion CAKE's recent 15% increase indicates rising interest in PancakeSwap. The momentum suggests that it is gaining traction and could be setting up for more significant moves. Keeping an eye on CAKE might be wise as further developments unfold. Rising trading volume and community engagement often lead to more sustained growth. Future trends need close monitoring for informed decisions. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
CAKE +15% — PancakeSwap Quietly Heating Up Before a Bigger Move?
CAKE’s value surged by 15%, hinting at exciting times ahead for PancakeSwap. The decentralized exchange is showing signs of increased activity, sparking curiosity about potential market shifts. Could this be a prelude to a larger trend in the crypto world? The article delves into the coins that might be poised for significant growth.
PancakeSwap Shows Signs of Recovery with Recent Price Surge
Source: tradingview
PancakeSwap's price currently sits between two and almost two and a half dollars. Recently, it has climbed nearly 14% in one week, hinting at a recovery from its monthly drop of about 8%. The Relative Strength Index suggests it might be undervalued, and the Stochastic indicates further upward potential. If buying pressure continues, PancakeSwap could push past its nearest resistance of nearly two and a half dollars to around two dollars and a half and beyond, up to three dollars and a bit. This movement would mean possible gains of over 25% from its current range. However, it also faces a risk of retreating to its support levels if buyers lose interest.
Conclusion
CAKE's recent 15% increase indicates rising interest in PancakeSwap. The momentum suggests that it is gaining traction and could be setting up for more significant moves. Keeping an eye on CAKE might be wise as further developments unfold. Rising trading volume and community engagement often lead to more sustained growth. Future trends need close monitoring for informed decisions.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Bitcoin Has Taken Gold’s Role In Today’s World, Eric Trump Says
Eric Trump on Tuesday described Bitcoin as a “modern-day gold,” calling it a liquid store of value that can act as a hedge to real estate and other assets. Related Reading: XRP’s Biggest Rally Yet? Analyst Projects $20+ In October 2025 According to reports, the remark came during a TV appearance on CNBC’s Squawk Box, tied to the launch of American Bitcoin, the mining and treasury firm he helped start. Company Holdings And Strategy Based on public filings and company summaries, American Bitcoin has accumulated 2,443 BTC on its balance sheet. That stash has been valued in the low hundreds of millions of dollars at recent spot prices. The firm mixes large-scale mining with the goal of holding Bitcoin as a strategic reserve, which it says will help it grow both production and asset holdings over time. Eric Trump’s comments were direct. He told viewers that institutions are treating Bitcoin more like a store of value than a fringe idea, and he warned firms that resist blockchain adoption. The tone was strong at times, and the line about Bitcoin being a modern equivalent of gold was used to frame American Bitcoin’s role as both miner and holder. Eric Trump has said: bitcoin is modern-day gold — unusual_whales (@unusual_whales) September 16, 2025 How The Company Went Public American Bitcoin moved toward a public listing via an all-stock merger with Gryphon Digital Mining earlier this year, a deal that kept most of the original shareholders in control and positioned the new entity for a Nasdaq debut. Reports show that mining partner Hut 8 holds a large ownership stake, leaving the Trump family and other backers with a minority share. The listing brought fresh attention and capital to the firm as it began trading under the ticker ABTC. Market watchers say the firm’s public debut highlights two trends: mining companies are trying to grow by both producing and holding Bitcoin, and political ties are bringing more headlines to crypto firms. Some analysts point out that holding large amounts of Bitcoin on the balance sheet exposes a company to price swings, while supporters argue it aligns incentives between miners and investors. Related Reading: Ethereum Bulls Target $8,500 With Big Money Backing The Move – Details Reaction And Possible Risks Based on coverage of the launch, investors have reacted with both enthusiasm and caution. Supporters praise the prospect of a US-based miner that aims to be transparent and aggressive about building a reserve. Critics point to governance questions, possible conflicts tied to high-profile backers, and the usual risks of a volatile asset being held on corporate balance sheets. Eric Trump’s remark that Bitcoin has taken gold’s role in today’s world reflects both his belief in its value and American Bitcoin’s strategy of mining and holding. Whether that view sticks will depend on how investors and institutions respond in the months ahead. Featured image from Meta, chart from TradingView
Share
NewsBTC2025/09/18 06:00
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise
The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
World Liberty Financial: Trump Jr. Defends Company Against Political Accusations
Donald Trump Jr. recently took a strong stance against criticisms surrounding potential conflicts of interest related to World Liberty Financial (WLFI), the cryptocurrency venture associated with his family. At the Token2049 conference in Singapore, he dismissed concerns that investors in the firm might be trying to curry favor with the Trump administration as “complete nonsense.” […]
Share
Bitcoinist2025/10/03 18:00