Home PancakeSwap Price Is Up 33% in 30 Days as February Begins – Here’s Why You Need to Buy Now!
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PancakeSwap Price Is Up 33% in 30 Days as February Begins – Here’s Why You Need to Buy Now!

Will Macmaster Editor Author expertise
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Compared to the rest of the crypto market, PancakeSwap held its ground well during the severe bear market of 2022.

The reason for this can probably be found in its advanced network capabilities and technology, and the fact that it’s one of the industry leaders when it comes to increasing the overall DeFi potential.

Alongside Uniswap, it’s one of the most popular DEXs currently on the market, which has a huge impact on the value of its native token CAKE.

From the beginning of January, CAKE has gone up by over 33% and the trend doesn’t seem to be slowing down.

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But, even though the momentum might continue, experts claim that tokens like Meta Masters Guild (MEMAG), Fight Out (FGHT), RobotEra (TARO), and C+Charge (CCHG) promise even bigger gains.

pancakeswap (CAKE)

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PancakeSwap Looking to Build on the Bullish Momentum

Ever since it was launched in September 2020, PancakeSwap has been climbing the crypto ladder with its impressive smart contract technology.

Plus, due to the fact that it was built on the Binance Smart Chain (BSC), a lot of dApp developers have transitioned their work to it looking for a more affordable alternative.

CAKE is the decentralized exchange’s native utility token and it serves a variety of use cases within the platform (e.g. yield farming reward distribution).

PancakeSwap reached its ATH in April 2021 with a price of $43.96. Since then, the price dropped by a bit over 90% and the main culprit can be found in Terra and FTX’s crashes, and the overall influence of the bear market.

However, as of the start of 2023, PancakeSwap is “regaining” its old glory and is now looking to break some price barriers, starting with the $5 target.

With an influx of new dApps being built on the platform, an increase in trading activity, and new features announced, it seems that CAKE is in for a bullish next couple of months.

Although, the vast majority of experts believe that 5x is the ceiling for CAKE. If you want much bigger gains (in the 30x-70x zone), these are the alternatives that everyone’s talking about.

pancakeswap (CAKE) price

Meta Masters Guild (MEMAG)

Meta Masters Guild is a P2E crypto game that leverages Web3 technology and is set on becoming the first mobile-based Web3 game in the community.

While it does run on a P2E model, Meta Masters is setting the focus on fun, rather than on financial incentives. There will be several exciting games on the platform, all with different storylines.

The native token that will power up the entire ecosystem is MEMAG, an ERC-20 coin, and it will serve as the primary in-game currency.

Right now, you can get MEMAG for a huge discount seeing that the project is still in its presale phase – but move quick as it is selling out fast!

meta masters guild 4

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Fight Out (FGHT)

Fight Out is the most promising M2E crypto of 2023, and perhaps even in the history of cryptocurrencies.

This project takes Move-to-Earn concepts to a whole other level by incorporating advanced movement tracking, personalized diet and training plans, and a real-world gym chain.

Seasoned investors are already talking about how Fight Out will dethrone STEPN as the leading M2E currency in just a few weeks after it hits the market.

However, the biggest bull run is anticipated in Q4 2023 when the real-world gyms get launched. This makes FGHT both a great short and long-term investment.

The presale for FGHT is currently live and the price is gradually increasing each week – don’t wait too long before you join in on the fun.

FIGHTOUT (FGHT)

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RobotEra (TARO)

RobotEra is a Metaverse-based P2E crypto platform that gamers have been looking forward to for some time now.

It functions as a shared multiverse where multiple exciting games will be hosted and each one will be powered by TARO, the native platform token.

To join and explore this remarkable robotic future, you will need an NFT avatar. Once you’re on the planet, you can make friends with other players, complete tasks, and earn money by monetizing your unique creations.

You can also flip land parcels and make a profit that way, which can be extremely lucrative if you have an eye for real estate development.

RobotEra’s presale won’t last for much longer and you only have a short time period left to get TARO tokens for a discount.

robotera

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C+Charge (CCHG)

C+Charge is coming out as the “greenest cryptocurrency of 2023” due to its innovative idea to leverage the carbon credit market to incentivize EV drivers.

It functions as a P2P payment system and the team is working on a mobile app that will offer some amazing benefits to electric vehicle owners.

For instance, they’ll be able to use the app to find the nearest charging stations and then earn carbon credits for simply charging their vehicles.

Due to its positive impact on the environment and huge value potential, you should grab this chance to join the presale and become an early investor.

c+charge

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Dogecoin (DOGE)

Even though most of the trading community lost its hopes in DOGE after Elon Musk seemed to ignore mentioning it after becoming the CEO of Twitter, the token saw a nice increase these last few weeks.

Dogecoin is up by around 30% and seeing that Elon semi-officially confirmed that cryptocurrencies will be used for Twitter payments, it’s likely to see another round of increases.

Plus, with the team planning to bring utility to the meme coin in 2023, it’s worth keeping an eye on it.

tamdoge

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The Verdict

PancakeSwap is one of the leading decentralized exchanges in the world and has been one of the top performers during the 2022 bear market.

The price surge has already begun and investors believe that it’s just the beginning of the bullish rally for CAKE.

However, there are a few tokens that have the potential to bring even bigger returns in 2023 – MEMAG, FGHT, TARO, and CCHG.

Aside from the media hype and rising popularity in the community, these tokens bring some never-before-seen features to the table that can easily secure (at least) 20x returns.

And with all of them currently in the presale stages, there’s no better timing to join the hype and become an early investor. 

Will Macmaster Editor

Will Macmaster Editor

Will is a crypto expert from The United Kingdom who has been working and investing in the cryptocurrency industry for over 7 years. He has not only been an active investor but has also gained extensive experience working for reputable companies like Acroud, RakeTech, and Kindred Group.

Beginning his career as a journalist before progressing to content project management, he has worked within the digital sphere his whole career. Making him an experienced, trusted, and reliable source about all things tech that you can trust for in-depth and knowledgeable information about all the latest goings-on from the world of crypto, cybersecurity, and more! 

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