PancakeSwap CAKE Jumps 37% Amid Meme Coin Resurgence and Binance Tether Delisting
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PancakeSwap's CAKE token surged by 37% due to a resurgence in meme coins and a Binance Smart Chain surge, despite Binance's delisting of Tether pairs.
March 18, 2025 | 11:30 am
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PancakeSwap's CAKE token experienced a 37% price increase, driven by a resurgence in meme coins and activity on the Binance Smart Chain, despite Binance's delisting of Tether pairs.
The significant price increase in CAKE is attributed to the broader market trends of meme coin resurgence and increased activity on the Binance Smart Chain, which benefits PancakeSwap. The delisting of Tether pairs by Binance does not seem to have negatively impacted CAKE's price.
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