DEX PancakeSwap launches the gaming marketplace, CAKE “pumps” forcefully

Decentralized exchange PancakeSwap has just launched its very own gaming marketplace platform.

DEX PancakeSwap launches the gaming marketplace, CAKE “pumps” forcefully. Photo: PancakeSwap

At all over 8pm on November 14 (Vietnam time), DEX PancakeSwap officially launched its gaming marketplace. With the new platform, tasks can develop, launch and update video games connected to cryptocurrencies and NFTs.

🎉 Introducing the PancakeSwap gaming marketplace: a GameFi revolution with one.five million possible gamers!

🏆 With video games like Pancake Protectors and Pancake Mayor
🌐 A dynamic hub for gamers and developers
🕹️ Play, make and connect in a globe of infinite choices!… pic.twitter.com/jy0Hi0OV7X

— PancakeSwap🥞Everyone’s favored DEX (@PancakeSwap) November 15, 2023

At the identical time, the task announced two video games that will be “released” on the new platform to start with Pancake protectors – Development cooperation with Mobox e Mayor Pancake – a joint product or service with Binary X. Among them, Pancake Protectors was launched in May 2023 and attracted a lot more than 25,000 each day energetic consumers.

PancakeSwap’s marketplace platform at this time supports 9 blockchains like Ethereum, Polygon zkEVM, Base, BNB Chain, OpBNB, zkSync Era, Arbitrum One, Linea, and Aptos.

PancakeSwap representative shared:

“The PancakeSwap Games Marketplace marks a new chapter in our dedication to innovation and bettering the consumer practical experience. The task hopes to be embraced by the neighborhood, gamers and builders on their journey in the direction of building a game. The game is vibrant, innovative and particularly exciting.”

PancakeSwap holds almost 15% of the DEX marketplace share and is the 2nd biggest decentralized exchange in the cryptocurrency marketplace, only following Uniswap. Second The block According to statistics, the spot trading volume on the platform in October reached $five.97 billion.

PancakeSwap holds 15% of the DEX marketplace share. Source: The Bloc

Recently, PancakeSwap has constantly expanded its platform to new blockchains, like Polygon zkEVM, zkSync Era, Arbitrum One, Linea… and most not long ago Base. The floor is also active deduct income from transaction costs for consumers is made up of CAKE tokens.

After the information of the launch on the marketplace, the cost of CAKE transformed pretty positively, recording an maximize of more than twenty% in 24 hrs. The bullish momentum has been consolidating for hrs and CAKE is trading all over the $two.72 mark.

1h chart of the CAKE/USDT pair on Binance at 00:00 on November sixteen, 2023

Coinlive compiled

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