{"id":39103,"date":"2025-03-26T18:00:47","date_gmt":"2025-03-26T15:00:47","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=39103"},"modified":"2025-03-26T15:58:16","modified_gmt":"2025-03-26T12:58:16","slug":"pancakeswap-now-shows-cake-burn-supply-reduced-by-0-12","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/pancakeswap-now-shows-cake-burn-supply-reduced-by-0-12\/","title":{"rendered":"PancakeSwap Now Shows CAKE Burn: Supply Reduced by 0.12%!"},"content":{"rendered":"

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

\n

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><\/p>\n

\n

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

\"pancakeswap\"<\/p>\n

Binance CEO Responds Immediately!<\/h2>\n

Additionally, developments regarding PancakeSwap\u2019s Ecosystem Growth Fund<\/strong> (3.8 million CAKE) have also drawn attention. Binance CEO CZ<\/strong> commented on the developments, saying, \u201cIt’s always good to see deflation,\u201d highlighting the importance of supply reduction.<\/p>\n

After the news, the CAKE<\/strong> price saw a 3% increase<\/strong>, rising from $2.38<\/strong> to $2.45<\/strong>, but it quickly dropped back to $2.38<\/strong> due to selling pressure.<\/p>\n

In summary, the new data showing PancakeSwap\u2019s net CAKE burn<\/strong> is an important development in terms of reducing supply and its deflationary effects. However, short-term price fluctuations and selling pressure are ongoing.<\/p>\n

\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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<\/p>\n","protected":false},"author":28,"featured_media":32352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[61,40,4329,2310,5384,847,58,23,13558,547,8718],"class_list":["post-39103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-bitcoin","tag-bnb","tag-burn","tag-cake","tag-crypto-investment","tag-crypto-news","tag-cryptocurrency","tag-cz","tag-deflation","tag-pancakeswap","tag-pancakeswap-update"],"yoast_head":"\nPancakeSwap Now Shows CAKE Burn: Supply Reduced by 0.12%! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/pancakeswap-now-shows-cake-burn-supply-reduced-by-0-12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PancakeSwap Now Shows CAKE Burn: Supply Reduced by 0.12%! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"PancakeSwap now presents net CAKE burn data, clearly showing how the supply is changing. 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