CAKE Jumps 23% as PancakeSwap Unveils Plan to Reduce Total Supply
Today, decentralized exchange (DEX) platform PancakeSwap opened discussions on a proposed plan to reduce CAKE’s total supply, a post on its website reveals. The proposal, which seeks to reduce CAKE’s total supply by over 300 million, has since sent the token’s price up. Indeed, the exchange is seeking input from its community members on its...