DeFi exchange PancakeSwap’s CAKE token surged in value last month on support from increased trading volumes and a steady token burn rate. The exchange had shot into the spotlight in March after Binance officially integrated it into its platform. CAKE surged nearly 40% in March, and was last trading around $10. The project is the The post Why PancakeSwap (CAKE) Price Is Skyrocketing? CAKE Price Up By 40% In March appeared first on CoinGape.