PancakeSwap Hints at Further Utility for $CAKE

In a period where the PancakeSwap team have been rallying the changes, their latest hint could provide yet another sliver of good news for $CAKE investors.

Predicting an Upswing for $CAKE

PancakeSwap have dropped a hint regarding the latest change they will make after offering NFT utility and tweaking the mechanics of their Lottery offering. 

In a Tweet on February 5, the PancakeSwap team signaled that the prediction game could be set to enjoy a revamp. Users had previously only been able to play using $BNB, but it seems that may well be set to change.

“Anyone fancy a new version of #PancakeSwap prediction game, but in $CAKE?” The team cheekily asked. 

The move of course would mean added utility for $CAKE, allowing it to be used in another hugely popular game on PancakeSwap. Users had been calling for the ability to do this since the game’s inception and it appears the team have indeed been listening out. 

Source 

With the general market sentiment looking like it may be beginning to shift, PancakeSwap have begun enacting a slew of changes designed to meet the needs of its users and employ further utility for its NFTs and native token. 

The impact that these latest changes will have is still yet to be seen but BSC News will be paying close attention to see whether they will prove a catalyst to the price of $CAKE, which currently sits at $8.05, at the time of writing, according to CoinMarketCap

What is PancakeSwap?

PancakeSwap is the leading decentralized exchange on Binance Smart Chain, with the highest trading volumes in the market. PancakeSwap runs on Binance Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin. As a result, trading fees are lower than other top decentralized exchanges, and the protocol offers a secure place to farm yields thanks to their Syrup pools.

Where to find PancakeSwap:

Website | Twitter | Medium | GitHub 

Source : bsc.news

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