Introduction to CAKE
What problem does CAKE solve?
Search Engine: Google.com
Peak Popularity: 10. May 2021
Google Trends is a tool that shows how many people search for a specific search keyword worldwide compared to its peak. The more people search for PancakeSwap on google, the higher the Google Trends curve rises. The Google Trends search data is based on the search keyword PancakeSwap PancakeSwap had its peak interrest 1 ago. At that time, more people searched for PancakeSwap than anytime this year. The interrest of newcomers for PancakeSwap seems to be stagnating, which is normal!
Based on: Reddit.com
Positive/Negative Posts Ratio: 1167:1
Sentiment Analysis uses Machine Learning to analyze whether a post on reddit is written with joy or anger. The more excited people are about a project, the more positive posts there are on reddit. If a project behaves scammy, negative posts dominate. A good indicator is the positive-to-negative post ratio. For every 1167 positive post about PancakeSwap, there are 1 negative posts, which is a superb ratio. A recent post mentioning PancakeSwap with a lot of positive feedback was posted in r/CryptoCurrency by u/madpanda94: KnowYourCrypto #54: How to store safely your crypto and prevent being scammed
Price: $ 6.495870
Volume (24h): $ 29 M
PancakeSwap had its all-time-high (ATH) at 30. April 2021 at a price of $ 44.14143. Today, PancakeSwap is traded for $ 6.495870, which is a -85.28 % drop from the previous ATH. If you had bought PancakeSwap 1 year ago, you would have made a loss of 50.59 %. Going even more back, if you had bought PancakeSwap 5 Years ago (or at the first possible chance), you would have made a gain of 133.66 %.