{"id":59574,"date":"2025-09-17T11:00:33","date_gmt":"2025-09-17T11:00:33","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/cake-price-surges-as-pancakeswap-adds-btc-eth-predictions\/"},"modified":"2025-09-17T11:00:33","modified_gmt":"2025-09-17T11:00:33","slug":"cake-price-surges-as-pancakeswap-adds-btc-eth-predictions","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/cake-price-surges-as-pancakeswap-adds-btc-eth-predictions\/","title":{"rendered":"CAKE price surges as PancakeSwap adds BTC &#038; ETH predictions"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/pancakeswap-cake-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/pancakeswap-cake-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/pancakeswap-cake-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/pancakeswap-cake-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>PancakeSwap price jumped 6% to above $2.66 before slightly paring gains.<\/li>\n<li>CAKE price has surged following the launch of BTC and ETH predictions.<\/li>\n<li>A technical breakout and broader market sentiment suggest CAKE is on course for fresh gains.<\/li>\n<\/ul>\n<p>Decentralised exchange protocol PancakeSwap has seen its token CAKE surge amid increased volume as the DEX benefits from integration of Bitcoin and Ethereum into its Predictions Markets platform.<\/p>\n<p>CAKE price reached highs of $2.75 as trading volume rose 185% to over $129 million.<\/p>\n<h2>PancakeSwap price rises as BTC &amp; ETH predictions go live<\/h2>\n<p>PancakeSwap\u2019s token CAKE rose after the DEX platform <a href=\"https:\/\/blog.pancakeswap.finance\/articles\/btc-eth-on-predictions\" target=\"_blank\" rel=\"noopener\">officially launched<\/a> its highly anticipated BTC and ETH Predictions feature on BNB Chain.<\/p>\n<p>According to details in a blog post, this move allows users to engage in price prediction markets for the two largest cryptocurrencies by market capitalisation.<\/p>\n<p>This is available directly from within the PancakeSwap platform\u2019s ecosystem.<\/p>\n<p>The feature enables participants to forecast whether the prices of these assets will rise or fall over specified time frames.<\/p>\n<p>Participation typically ranges from minutes to hours, thus adding a layer of speculative excitement to the DeFi space.<\/p>\n<p>PancakeSwap\u2019s predictions mechanism operates on a binary outcome model, where users stake CAKE tokens on their predictions.<\/p>\n<p>Successful forecasters earn rewards from the collective pool, while incorrect bets result in losses to the same pot, ensuring a balanced and engaging marketplace.<\/p>\n<p>This integration builds on PancakeSwap\u2019s existing prediction tools, which previously focused on BNB Chain-native assets, but now extend to major cross-chain heavyweights like Bitcoin and Ethereum.<\/p>\n<p>As BTC and ETH \u201cgo live\u201d on Predictions, PancakeSwap has reported a sharp uptick in platform activity.<\/p>\n<p>Trading volumes for prediction markets have seen a <a href=\"https:\/\/coinjournal.net\/news\/pancakeswap-jumps-on-200-volume-spike-and-infinity-launch\/\">notable spike<\/a>, while total value locked has increased to over $2.42 billion.<\/p>\n<p>CAKE is benefiting from the enhanced liquidity and interoperability, as well as broader market gains.<\/p>\n<h2>CAKE price signals major rally<\/h2>\n<p>In the three days following the BTC and ETH predictions launch, CAKE price saw a decent surge to $2.66.<\/p>\n<p>However, bulls failed to hold onto gains, and prices dropped to $2.43 before widespread gains across cryptocurrencies helped the PancakeSwap price rally.<\/p>\n<figure id=\"attachment_336245\" aria-describedby=\"caption-attachment-336245\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-336245\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/CAKEUSD_2025-09-17_12-53-48.png\" alt=\"\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-336245\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/CAKEUSD\/\" target=\"_blank\" rel=\"noopener\">PancakeSwap price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>The token\u2019s utility in predictions, where CAKE is the primary staking asset, has contributed to the past 24 hours of price uptick.<\/p>\n<p>A look at the technical indicators, including the Relative Strength Index (RSI), give buyers an upper hand.<\/p>\n<p>The MACD is also hinting at a bullish and <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-tests-116k-resistance-ahead-of-fed-decision-new-token-launches-stir-market\/\">broader market sentiment<\/a> is positive.<\/p>\n<p>In this case, bulls will target December 2024 highs of $4.20.<\/p>\n<p>However, if bears stand strong, they could aim for the key support area around $1.60.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/cake-price-surges-as-pancakeswap-adds-btc-eth-predictions\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) PancakeSwap price jumped 6% to above $2.66 before slightly paring gains. CAKE price has surged following the launch of BTC and ETH predictions. A technical breakout and broader market sentiment suggest CAKE is on course for fresh gains. Decentralised exchange protocol [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":59575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59574"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=59574"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/59575"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=59574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=59574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=59574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}