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AMB Crypto 2023-01-24 22:30:15

PancakeSwap sees whale interest, but the price pump should not fool investors

PancakeSwap remained popular among the whales. However, the metrics and market indicators gave an ambiguous picture. PancakeSwap [CAKE] has remained pretty consistent with its burn process, which reflected the token’s deflationary characteristic. The network recently revealed that it burned CAKE worth over $27 million. 🔥 6,992,717 $CAKE just burned – that’s $27M! 💰 Trading fees

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