Are Decentralized Exchange Tokens Uniswap (UNI) and PancakeSwap (CAKE) Worth Your Penny?

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Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Decentralized exchanges are attracting more attention lately. Uniswap (UNI) and PancakeSwap (CAKE) remain investors’ top two choices regarding DEX platforms due to their ease of use. Are DEX native tokens worth your money? Let’s find out.

    Before we jump in, The Hideaways (HDWY) is our analyst’s top pick for the best cryptocurrency of 2023. 

    Uniswap (UNI) is Up 12% This Week After Disclosing Plans for a New Funding Round

    Insiders recently revealed Uniswap (UNI) ‘s plans to host another funding round that will send its valuation to $1 billion. 

    The latest initiative is forecasted to be between $100 million and $200 million. It will be participated by high-profile investors, including an undisclosed investment company owned by the Singaporean government. 

    This is to support Uniswap (UNI) ‘s growing market share, where it holds a 64% stake in the overall DEX industry. Along with the news, its native token, UNI, jumped 2.05% in the 24-hour charts- the price is up 12% this week. 

    PancakeSwap (CAKE) ‘s Trading Volume Starts Showing a Bearish Signal

    After a brief recovery on Friday, PancakeSwap (CAKE) is back in the red in today’s charts. It declined 4.67% to $4.59 in the last 24 hours. 

    Trading volume is also starting to hint at a bearish signal and fell 24.25% to $41 million during the same session. This is the token’s second consecutive day of decline after falling more than 30% on the previous day.

    The Hideaways (HDWY) ‘s Launching on Uniswap (UNI) and PancakeSwap (CAKE)

    Uniswap (UNI) and PancakeSwap (CAKE) get mixed forecasts. At this point, investors are sitting with anticipation of The Hideaways’ (HDWY) launch on both exchanges this month.

    Our analysts predict that The Hideaways could be the best crypto investment of 2023 – and it’s easy to see why. 

    The way they are revolutionizing a $240 trillion property market by tokenizing luxury real estate is ground-breaking. 

    Our analysts predict a 12777x increase if it can just grab 0.5% of that $240 trillion. That is just crazy, and missing out on this could be a generational mistake. 

    You also get a 20% yield from buying a fraction of the property, all actual yield generated in $ETH, $USDC, and $USDT. This comes from short-term rentals at the property! 

    They will be locking liquidity forever, team tokens locked for 2 years to ensure no dumping, and they are invested in the project succeeding. They’ve already audited their contract – by SolidProof. 





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    Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

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