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The PancakeSwap price has surged 77% in seven days as the token traded at $2.16 as of 11:15 a.m. EST today.
📊🌟 October was a blast for PancakeSwap on multichains! Dive into our latest stats and see how we're growing. 👏
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💬October Highlights:
Total Volume: $7.08B (+$369.16M from $6.71B in… pic.twitter.com/G2M0rXEzLY— PancakeSwap v4🥞 (@PancakeSwap) November 7, 2023
PancakeSwap Price Prediction
Looking at 45-minute CAKE/USD charts, several indicators point to the PancakeSwap price gearing up for another rally after a minor correction. A bullish engulfing stick pattern has formed, showing a reversal pattern on the short dip as bulls reclaim dominance.
The Relative Strength Indicator is also on an upward trajectory as it approaches a cross-over above the midline.
The MACD is moving in the green zone, also pointing out bullishness. CAKE’s circulating market cap has also been growing, showing increasing attention on the token. CAKE’s circulating supply has increased by 78% in the last seven days to 227 million tokens.
Meanwhile, as the PancakeSwap price gears up to recover from the short dip experienced today, yPredict continues to make waves with its presale. With investors getting on board daily, yPredict has garnered over $4.6 million.
But what is yPredict, and why are experts so interested in this token?
As The PancakeSwap Price Looks to Rally, Is yPredict a Better Alternative?
yPredict uses cutting-edge AI to offer cryptocurrency data, trading tips, price predictions, and other trading tools. The YPRED utility token is the heart of the yPredict community.
It gives you access to the platform’s best features. Even though yPredict has some cool technology, it has stayed mostly out of the public eye since its public crypto presale started a few months ago.
The main idea behind yPredict’s tool is to use AI and machine learning to look at huge amounts of market data. The project’s white paper says that this lets yPredict find patterns and trends, which can lead to useful information and trade alerts.
The crypto company released a test version of its platform. They will add advanced tools like trade tips, mood analysis, and pattern recognition. People who want to use the test tool can get on a waiting list.
🚀 Dive into the exciting world of crypto trading with #yPredict! 🤖
Our cutting-edge AI and machine learning tech empowers traders with invaluable insights for better-informed decisions and increased profit potential. Plus, we open doors for AI enthusiasts to monetize their… pic.twitter.com/ZtWFZVxJV6
— yPredict.ai (@yPredict_ai) October 17, 2023
yPredict also released Alt_Pump_001, a model that finds ignored altcoins about to grow quickly. Alt_Pump_001 is free for advance buyers who buy at least $500 worth of YPRED tokens. It can be subscribed to for more than $1000 a month.
With this in mind, more individuals are likely to acquire the token. This poses an advantage on YPRED over the PancakeSwap price.
The AI-powered backlink estimation tool that yPredict offers is another useful thing. The tool aims to change SEO tactics by guessing the best backlinks to rank keywords.
People who buy YPRED tokens during the current special event can now use the backlink calculator for free as much as they want.
yPredict’s Tokenomics
During the general presale event, 80% of the total stock is up for grabs. The last 20% is set aside for cash on hand, capital, and growth.
This strategy lowers the chance of a possible rug pull, one reason experts are optimistic about YPRED.
Experts may see value in what yPredict has to give, especially its AI-powered crypto research tools. The site could give buyers a big advantage while making smart trade technology available to more people.
There is still a chance for regular buyers to buy YPRED at the presale price. But now that 80% of the tokens have been sold in the presale, the window is quickly closing. Remember to participate as you watch out for what’s in store for the PancakeSwap price future.
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