PancakeSwap (CAKE) has seen a 24-hour trading volume of $112.93 million, marking a 5.58% increase. With a current market cap of $825.18 million, if the token maintains its upward trajectory, CAKE Token could potentially soar to $16.01 by 2030.

CAKE Tokenomics

According to Coinpedia Markets, PancakeSwap (CAKE) stands at $2.59. In Q1 2025, PancakeSwap reached an impressive milestone with $205.3 billion in trading volume, marking its highest-ever quarterly performance.

While the token has experienced a significant -94.14% drop from its all-time high (ATH), it has surged by an astounding 1,116,947.13% from its all-time low (ATL), signaling a strong potential for recovery.

Latest Pancakeswap News

On April 29, 2025, PancakeSwap introduced the CAKE Burn Dashboard, providing users with the ability to track burns, emissions, and deflation metrics.

The Ultrasound CAKE model, launched in April 2023, burns more than 102% of minted CAKE each week, effectively reducing supply and fostering long-term value growth. In March 2025, PancakeSwap reached a significant milestone, surpassing $1.1 trillion in total trading volume and outperforming Uniswap with 60% higher daily volume.

Cake Token Price Prediction

Looking towards the future, forecasts suggest that PancakeSwap (CAKE) could range between $12.58 and $16.01 by 2030, with an average price target of $14.29.

In the short term, over the next three years, CAKE might climb to as high as $5.99 if bullish trends continue. However, in a bearish market, the price could dip to $2.40. In a more stable market with limited growth catalysts, CAKE could level out around $4.15.