How PancakeSwap is thriving in DeFi while CAKE struggles to keep up

PancakeSwap dominates DeFi with a 66.9% market share and 149 billion USD in monthly trading volume. Recent tech upgrades enhance liquidity and user trust, contributing to its growth.

Despite PancakeSwap’s success, CAKE’s price has plummeted 93.9% from its all-time high to 2.53 USD. Nevertheless, some traders believe in its long-term potential.

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