Deflation Archives - Coin Engineer https://coinengineer.net/blog/tag/deflation/ Btc, Coins, Pre-Sale, DeFi, NFT Wed, 26 Mar 2025 12:58:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Deflation Archives - Coin Engineer https://coinengineer.net/blog/tag/deflation/ 32 32 PancakeSwap Now Shows CAKE Burn: Supply Reduced by 0.12%! https://coinengineer.net/blog/pancakeswap-now-shows-cake-burn-supply-reduced-by-0-12/ https://coinengineer.net/blog/pancakeswap-now-shows-cake-burn-supply-reduced-by-0-12/#respond Wed, 26 Mar 2025 15:00:47 +0000 https://coinengineer.net/blog/?p=39103 PancakeSwap now presents net CAKE burn data, clearly showing how the supply is changing. With the recent update, the information about how much CAKE has been burned and how much new CAKE has been minted is now clearly stated. This transparency provides investors with a better understanding of how the supply is actually changing. You

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]]> PancakeSwap now presents net CAKE burn data, clearly showing how the supply is changing. With the recent update, the information about how much CAKE has been burned and how much new CAKE has been minted is now clearly stated. This transparency provides investors with a better understanding of how the supply is actually changing.

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According to the latest update, as of March 24, 2025, approximately 339K CAKE was burned, reducing the supply by 0.12%. This creates a deflationary effect for CAKE, which could have a positive long-term impact on the price.

pancakeswap

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Additionally, developments regarding PancakeSwap’s Ecosystem Growth Fund (3.8 million CAKE) have also drawn attention. Binance CEO CZ commented on the developments, saying, “It’s always good to see deflation,” highlighting the importance of supply reduction.

After the news, the CAKE price saw a 3% increase, rising from $2.38 to $2.45, but it quickly dropped back to $2.38 due to selling pressure.

In summary, the new data showing PancakeSwap’s net CAKE burn is an important development in terms of reducing supply and its deflationary effects. However, short-term price fluctuations and selling pressure are ongoing.

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The post PancakeSwap Now Shows CAKE Burn: Supply Reduced by 0.12%! appeared first on Coin Engineer.

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