PancakeSwap CAKE Price Soars After $45M Reload Airdrop Announcement

Despite a recent market downturn that pushed CAKE prices down over 50% to $1.54, the PancakeSwap token has seen a significant rebound. Buyers quickly stepped in, driving the token back above $3.30 and it is currently trading near $3.40 with a market cap of $1.17 billion. This quick recovery suggests underlying strength in CAKE crypto and a strong commitment from its community. This comes after PancakeSwap crossed a crucial milestone earlier this month, surpassing $2.5 trillion in trading volume on the BNB Chain, demonstrating high user interest and ecosystem activity. ]