What is CAKE token market overview: $651.12M market cap ranking #80 with $74,794.43 24-hour trading volume

Market Cap Ranking #80 with $651.12M Valuation Reflects CAKE's Position in Mid-Tier Cryptocurrencies

CAKE's #80 market cap ranking places it squarely within the mid-tier segment of the cryptocurrency market, a position that reflects its established presence beyond emerging projects while remaining outside the elite tier of dominant digital assets. With a valuation of $651.12M, CAKE demonstrates substantial market recognition and liquidity compared to thousands of smaller cryptocurrencies, yet maintains a distinct position relative to top-10 coins that command multi-billion-dollar market caps.

This mid-tier market cap ranking carries meaningful implications for CAKE holders and potential investors. The $651.12M valuation suggests a mature project with significant infrastructure, community support, and trading activity. As a mid-tier cryptocurrency, CAKE benefits from sufficient market depth to accommodate larger trading volumes without extreme price volatility, while its ranking indicates it has gained considerable traction beyond speculative interest.

The positioning at #80 in market cap rankings contextualizes CAKE within the broader cryptocurrency ecosystem. While not commanding the dominance of top-tier tokens, CAKE's valuation and ranking reflect a robust market position sustained by consistent utility and user engagement. This mid-tier status typically attracts institutional and retail investors seeking established projects with proven track records, distinguishing CAKE from both nascent tokens and the most prominent cryptocurrency assets in the market landscape.

Circulating Supply of 335.46M CAKE Against 450M Maximum Supply Indicates 74.5% Token Distribution

Understanding the relationship between circulating supply and maximum supply is crucial for evaluating CAKE token economics. With 335.46 million tokens currently in circulation against a 450 million maximum supply cap, the CAKE token has achieved approximately 74.5% distribution, indicating a relatively mature stage in the token's release schedule. This supply composition reflects PancakeSwap's commitment to gradual token release, avoiding sudden inflation that could undermine token value.

The circulating supply figure demonstrates how many CAKE tokens are actively available in the market for trading and use within the ecosystem. The maximum supply ceiling of 450 million establishes a hard limit on total token issuance, providing holders with certainty about long-term inflation dynamics. This distribution ratio suggests that significant token allocation remains reserved, potentially for future incentive programs, ecosystem development, or strategic reserves.

For investors analyzing CAKE token market dynamics, this supply structure indicates that approximately 114.54 million tokens remain to be released. The 74.5% distribution rate signals that the token distribution period is well-advanced, which typically correlates with increased market maturity. Understanding these supply mechanics helps stakeholders assess potential dilution risks and evaluate whether current token availability aligns with network usage and demand patterns within the PancakeSwap ecosystem.

24-Hour Trading Volume of $74,794.43 with Price Range Between $1.926 and $2.03 Demonstrates Market Volatility

The reported 24-hour trading volume of $74,794.43 reflects moderate activity levels for CAKE, demonstrating consistent market engagement despite volatility pressures. This volume metric, when examined alongside the price oscillation between $1.926 and $2.03, reveals the characteristic swings typical of cryptocurrency trading patterns. The $0.104 price differential—roughly 5.4% variance—underscores the dynamic nature of CAKE token trading during daily cycles.

Market volatility becomes particularly evident when analyzing such price ranges across short timeframes. Within a single 24-hour period, traders encountered multiple entry and exit opportunities, with the token moving across this narrow band. This behavior reflects broader market sentiment fluctuations and demonstrates how external pressures continuously reshape positioning. The interplay between trading volume and price movement suggests that despite moderate activity levels, CAKE maintains relevance in the decentralized finance ecosystem.

For traders monitoring CAKE's intraday performance, these metrics provide crucial context. The established price range signals both consolidation patterns and potential breakout levels that technical analysts monitor closely. Such daily volatility patterns are foundational to understanding how $651.12M market cap tokens behave under real-world trading conditions, where volume-driven price adjustments occur continuously throughout market hours.

Multi-Exchange Liquidity Across Binance, gate, WhiteBit, and ByBit Ensures Strong Trading Accessibility

The CAKE token benefits significantly from its presence across multiple major cryptocurrency exchanges, including gate, Binance, WhiteBit, and ByBit. This widespread distribution is a critical factor supporting the token's market cap ranking of #80 and its robust trading activity. With CAKE listed on approximately 50 exchanges globally, traders and liquidity providers gain consistent access to the digital asset regardless of their preferred platform, creating redundancy in market infrastructure that strengthens overall market resilience and stability.

The multi-exchange liquidity infrastructure directly impacts the 24-hour trading volume metrics, currently reflecting substantial market participation. By distributing CAKE token trading across several platforms simultaneously, the market achieves deeper order books and tighter bid-ask spreads during peak trading periods. This accessibility framework proves essential for institutional and retail participants alike, as it enables efficient price discovery and reduces execution slippage. The AMM-based mechanism underlying PancakeSwap on Binance Smart Chain gains further benefit from this liquidity distribution, allowing users on gate and other supported platforms to access consistent pricing while participating in a truly decentralized trading ecosystem.

FAQ

What is CAKE token and what are its uses and application scenarios?

CAKE is the native token of PancakeSwap, a leading decentralized exchange on Binance Smart Chain. It powers liquidity mining, staking, lottery participation, and governance within the ecosystem. Users earn CAKE rewards by providing liquidity or participating in various DeFi activities on the platform.

What is the current market performance of CAKE token? What do the market cap ranking and trading volume indicate?

CAKE maintains a strong market position with $651.12M market cap, ranking #80 globally. The $74,794.43 daily trading volume demonstrates solid liquidity and active market participation, indicating healthy investor interest and market stability.

How to buy and trade CAKE tokens? Where can I purchase them?

CAKE tokens can be purchased on major cryptocurrency exchanges. You can buy CAKE directly using fiat currency or swap it with other cryptocurrencies. Simply create an account on a supported exchange, complete verification, deposit funds, and place your order. Trading CAKE offers liquidity with significant daily trading volume for both spot and margin trading.

What are the risk factors of CAKE token? What should I pay attention to when investing in CAKE?

CAKE investors should monitor market volatility and avoid chasing peaks impulsively. Focus on PancakeSwap's ecosystem development for long-term growth. Assess your risk tolerance carefully before investing in this mid-cap digital asset.

What is the project behind CAKE token? How are the team and technical background?

CAKE is PancakeSwap's native token, a leading automated market maker (AMM) protocol. The project is led by YZi Labs with smart contract-based technology. It has received strategic backing from Eigenpie, demonstrating strong institutional support and technical credibility in the DeFi ecosystem.

CAKE代币未来的发展前景和价格预期如何？

CAKE作为币安智能链上领先的去中心化交易所PancakeSwap的原生代币，前景看好。分析师预测到2030年CAKE价格可能达到73.11美元。随着生态应用扩展和市场采用增加，CAKE具有较强的增长潜力。