2 years ago
Pancakeswap’s autochthonal token (CAKE) has plummeted to $2.83 from astir $3.33 successful the past 24 hours — down implicit 15% astatine property time.
According to Pancakeswap data, the Total Value Locked-up (TVL) successful CAKE is down astir 4% connected the time — accompanied by a 212.45% surge successful measurement successful the past 24 hours.
Source: PancakeSwapAccording to BSCscan data, a wide of ‘unlock’ calls’ — alongside ‘withdraw all’ calls — person spammed the CAKE astute contract.
Mass unlocking of tokens preceded the lawsuit and presently proceed to spam the declaration en-masse arsenic the CAKE token endures a crisp sell-off.
Source: PancakeSwap(Article updated to region the affiliation of Pancakeswap with Cake DeFi)
The station CAKE plunges 15% amid wide unlocks appeared archetypal connected CryptoSlate.
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