PancakeSwap

Coin

<p class="is-style-lead">PancakeSwap, Sei, and Binance Coin have seen significant value surges in cryptocurrency, propelled by strategic decisions and innovative developments.</p> 
<p>In the evolving world of cryptocurrency, three prominent players have recently dominated the <a href="https://crypto.news/market-cap/" data-type="link" data-id="https://crypto.news/market-cap/">market</a>: PancakeSwap (<a href="https://crypto.news/price/pancakeswap/">CAKE</a>), Sei (<a href="https://crypto.news/price/sei/">SEI</a>), and Binance Coin (<a href="https://crypto.news/price/bnb/">BNB</a>). Data and key developments are driving their impressive surge in value.</p> 
<figure class="wp-block-image size-large is-resized">
 <img loading="lazy" decoding="async" width="1024" height="1024" src="https://crypto.news/app/uploads/2023/12/chart-1-1024x1024.png" alt="Today's top cryptocurrency gainers: PancakeSwap, Sei, BNB - 21" class="wp-image-14231642" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
  24-hour chart of CAKE from CoinGecko
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="pancakeswap-cake">PancakeSwap (CAKE)</h2> 
<p><a href="https://crypto.news/price/pancakeswap/" data-type="link" data-id="https://crypto.news/price/pancakeswap/">PancakeSwap</a>, often hailed as “everyone’s favorite DEX,” has witnessed a notable 20.2% increase in value. With a market cap of $937 million and a fully diluted valuation of $1.3 billion, PancakeSwap has burned over 10 million CAKE tokens, amounting to a staggering $34 million. The reduction in total supply through a proposal to cut it by 40% has likely contributed to the surge, reflecting a strategic move to enhance scarcity.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/PancakeSwap/status/1739626558779015499 
 </div>
</figure> 
<p> You might also like: <a href="https://crypto.news/cake-surges-by-18-amid-pancakeswaps-new-proposal/"> CAKE surges by 18% amid PancakeSwap’s new proposal </a> </p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="1024" src="https://crypto.news/app/uploads/2023/12/chart-2-1024x1024.png" alt="Today's top cryptocurrency gainers: PancakeSwap, Sei, BNB - 22" class="wp-image-14231643">
 <figcaption class="wp-element-caption">
  24-hour chart of SEI from CoinGecko
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="sei-sei">Sei (SEI)</h2> 
<p><a href="https://crypto.news/price/sei/" data-type="link" data-id="https://crypto.news/price/sei/">Sei</a>, with a current value of $0.447863 and a market cap of $1 billion, has experienced a substantial 16.9% uptick. The anticipation surrounding Sei V2 and parallelized blockchains has undoubtedly fueled investor optimism. With a fully diluted valuation of $4.4 billion, Sei is a promising crypto player.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/SeiNetwork/status/1739660588970553386 
 </div>
</figure> 
<p> You might also like: <a href="https://crypto.news/sei-rallies-35-open-interest-and-social-volume-doubled/"> SEI rallies 35%, open interest and social volume doubled </a> </p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="1024" src="https://crypto.news/app/uploads/2023/12/chart-3-1024x1024.png" alt="Today's top cryptocurrency gainers: PancakeSwap, Sei, BNB - 23" class="wp-image-14231644">
 <figcaption class="wp-element-caption">
  24-hour chart of BNB from CoinGecko
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="strong-binance-coin-bnb-strong"><strong>Binance Coin (BNB)</strong></h2> 
<p><a href="https://crypto.news/price/bnb/" data-type="link" data-id="https://crypto.news/price/bnb/">Binance Coin</a>, currently priced at $298, has surged by 11.9%. The recent milestone of hitting $300 after 200 days, coupled with a 13% pump, has captured the attention of investors. Notably, BNB’s ecosystem token, CAKE, is also rising, with a 34% increase. The proposal by CAKE to reduce its total supply by 40% aligns with a growing trend in the crypto world—strategic supply adjustments to enhance value.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BNB</a> hit 𝟑𝟎𝟎 today after 200 days 🚀<br><br>It pumped more than 13% today.<a href="https://twitter.com/hashtag/CAKE?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#CAKE</a>, a BNB Chain ecosystem token, is also up more than 34% today 🔥<br><br>Recently, CAKE has announced a proposal to reduce its total supply by 40%. <a href="https://t.co/1MD6DgNxYi" target="_blank">pic.twitter.com/1MD6DgNxYi</a></p>— Wise Advice (@wiseadvicesumit) <a href="https://twitter.com/wiseadvicesumit/status/1739676110915543299?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 26, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p> Read more: <a href="https://crypto.news/bnb-chain-greenfield-roadmap-mass-adoption/"> BNB Chain unveils Greenfield roadmap, targets mass adoption </a> </p>

Today’s top cryptocurrency gainers: PancakeSwap, Sei, BNB

Table of Contents

crypto.news

Other articles published on Dec 26, 2023

Breaking: Grayscale Makes Amended Bitcoin ETF Filing After Silbert’s Exit

Bitcoin and Ethereum Price Targets for 2024

Solana, XRP, and Dogecoin Lead Open Interest Charge Among Altcoins

Bitcoin Mining – End of Year Quiz

SAND’s price rises 16% in 24 hours: Does its prediction have more gains?

This Country Became the Center of Attraction in the Cryptocurrency Industry in 2023!

Join our free newsletter for daily crypto updates!