PancakeSwap and Infinaeon demonstrate stability amid a volatile crypto market. While many cryptocurrencies struggle, PancakeSwap (CAKE) and Infinaeon tokens continue to attract investor attention.
CAKE's Price Surge
CAKE surged by over 60%, breaking several lines of resistance and reaching $2.5 for the first time in months. This positive price action cemented PancakeSwap's position as a leading decentralized exchange during bearish market conditions. CAKE's RSI hit 89.6, signaling strong momentum. The platform's weekly revenue surge to $19 million emphasized increased user activity and trading volumes. Analysts, who were previously bearish, are now revising their predictions, expecting further growth in the token's value.
Final Stage of Infinaeon Presale
The Infinaeon Layer-2 solution continues to show resilience. The project's presale has entered its final stage with about four weeks remaining. Investors, including prominent 'whales', are actively acquiring tokens from the total 420 million supply ahead of its Uniswap launch and scheduled airdrop. The presale has already attracted nearly $1 million in investments, highlighting significant interest in the platform. Participants have received placeholder tokens for pre-TGE staking, granting them early access to competitive APY.
INF's Tokenomics Poised for Growth
Infinaeon's tokenomics is based on a deflationary model, where a portion of gas fees is used to buy back and burn INF tokens, thus reducing the total supply. This supports the potential increase in the token's value. The promotional code INF50, offering a 50% bonus on all presale purchases, has drawn additional investor attention.
PancakeSwap and Infinaeon remain prime examples of resilience amid challenging market conditions. Investors continue to monitor their developments due to positive market signals and thoughtful investment strategies.
