PancakeSwap (CAKE) Drops 10% as Bearish Indicators Dominate

PancakeSwap (CAKE) has declined 10.13% in the last 24 hours, trading at $2.14. The token’s market cap has dropped to $628.3 million, down 10.06%. Trading volume has also decreased by 25.36% to $190.4 million. The fully diluted valuation (FDV) now stands at $964.08 million, with a market cap ratio of