BNB Chain’in BNB Token ve PancakeSwap’in CAKE’i, Bitcoin (BTC) Even if it was around 96.200 dollars, it increased by 9.3 %and 35 %, respectively.
Pancakeswap’s Cake and BNB lead Bitcoin as the stagnation.
Cake’s Rally and BNB’s return to the market
- According to CoinMarketcap data, Cake increased by more than twice last week with a transaction volume of $ 1.1 billion recorded in the last 24 hours.
- BNB reversed the Left of Solana in the market value following the tweets of Binance founder Changpeng Zhao, who implied that he was focusing on the bnb chain ecosystem in an increasing focus on the memecoins.
- The correlation between the BNB and Cake is due to Pancakeswap’s largest decentralized stock market (DEX) status on the BNB chain and serving Cake as a local tokene.
Bitcoin’s Rangebound trade increases subcoins
BTC has been traded between $ 95,000 to 98,000 dollars since February 8, causing the merchant focus to shift to the subcoins. In the last 24 hours, LIDO, INJ, JTO and HYPE have gained between 7 %and 9 %with traders looking for more speculative opportunities.
With the slowdown of Bitcoin’s acceleration, subcoins such as Cake and BNB are more interested in speculation about a wider subcoin season.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/kripto-para-piyasasinda-belirsizlik-devam-ederken-bu-iki-altcoin-piyasadan-pozitif-ayristi-iste-detaylar/
