The post PancakeSwap Price Prediction 2024, 2025, 2030: Will CAKE Price Record New High This Year? appeared first on Coinpedia Fintech News
Story HighlightsThe ever-evolving crypto space is home to a host of promising and competent projects. One such project is Pancake Swap, which boasts its native token “CAKE”.
With the DeFi space finding additional momentum as the broader market recovers, DEX tokens are on the rise. Further, with the Bitcoin price hitting $58K, the chances of an altcoin season is increasing.
Are you one of the many investors, who have been waiting for a bullish move by CAKE? Buckle up your belts, as this write-up uncovers the feasible PancakeSwap price predictions for 2024 and the years to come!
Table of contentsPancakeswap price shows a failed bullish cycle in a bearish channel falling below the 50D EMA. The CAKE price is up by 22% in the last 28 days as the broader market witnesses a minor surge in the DeFi tokens.
Considering that the bull run continues with a new support trendline, the channel breakout in CAKE price can reach the $2.80 mark. On the flip side, the Pancakeswap price can drop at $1.31.
MonthPotential Low ($)Average Price ($)Potential High ($)September 1.312.0152.80 PancakeSwap Price Prediction 2024If the crew behind the DeFi project employs community-building initiatives and welcomes imperative collaborations and adoptions. The price of CAKE could ascend to a maximum of $5.99 by the annual closure of 2024.
Contrastingly, the diminishing dominance of Defi’s could hinder its projection to the minimum of $2.40. Successively, the average price might settle at $4.15.
PancakeSwap’s price for 2024 could range from $2.40 to $5.99.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20242.404.155.99 PancakeSwap Price Prediction 2025If it can provide complete integration of the NFT-based platform with the actual business world. It would be easier for companies to use NFTs. By the next three years, PancakeSwap might reach a maximum of $7.12.
On the contrary, if the bear market flips the uptrend. Then the possibility of the price plunging to as low as $4.12 rises. Concluding, the lack of impetus might land the price at $5.52.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20254.125.527.12 CAKE Token Price Prediction 2026 – 2030 Price PredictionPotential Low ($)Average Price ($)Potential High ($)20266.637.548.4620277.668.529.3920288.899.9110.94202910.0211.9513.89203012.5814.2916.01 CAKE Price Prediction 2026According to our analysts, PancakeSwap price for the year 2026 could range between $6.63 to $8.46, and the average price of CAKE could be around $7.54.
Pancake Swap Price Prediction 2027According to our analysts, CAKE’s prediction for the year 2027 could range between $7.66 to $9.39, and the average PancakeSwap coin price could be around $8.52.
CAKE Price Prediction 2028According to our analysts, PancakeSwap’s forecast for the year 2028 could range between $8.89 to $10.94, and the average CAKE coin price could be around $9.91.
CAKE Crypto Price Prediction 2029According to our analysts, CAKE predictions for the year 2029 could range between $10.02 to $13.89, and the average PancakeSwap price could be around $11.95.
PancakeSwap Price Prediction 2030According to our analysts, CAKE predictions for the year 2030 could range between $12.58 to $16.01, and the average PancakeSwap price could be around $14.29.
Market Analysis Firm Name202420252030Wallet Investor$0.258$0.151–priceprediction.net$3.63$5.22$31.56DigitalCoinPrice$6.07$8.56$25.71*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s PancakeSwap Price PredictionAccording to CoinPedia analysts, the price is expected to go up in the coming month as the upcoming V3 swap could display some major changes in the system.
Pancakeswap’s price is expected to reach a low of $2.40, with a high of $5.99 and an average forecast price of $4.15.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20242.404.155.99 Historical Market SentimentsLaunched in 2020, PancakeSwap surged in the 2021 bull run to hit an all-time high of $47.68. However, the downfall for CAKE price started with the broader market crash. Since the past two years, the CAKE price has failed to reclaim the $10 mark.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
FAQs How High Will Pancakeswap Price Go in 2024?The price of PancakeSwap can go as high as $5.99 by the end of 2024.
Is CAKE crypto a good investment?Yes, the CAKE token might be a profitable investment for the long term.
What will the maximum trading price of CAKE be by the end of 2025?According to our PancakeSwap price prediction for 2025, the altcoin could hit a maximum of $7.12. With a potential surge, the price may go as high as $16.01 by the end of 2030.
When will the CAKE price rise?The altcoin has been ranging in tandem with the broader market’s trends. It will need vital catalysts to break above its sluggish pace.
How to buy PancakeSwap?Users can trade CAKE tokens in Binance, CoinTiger, HitBTC, KuCoin, and more.
How much is 1 PancakeSwap worth?At the time of publishing, the price of CAKE was $1.7345.
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