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Recently, there are many types of crypto assets that use the name of the food as the name of the token or platform used. PancakeSwap (CAKE) is a type of crypto asset that goes by the name of food. Most of the time, naming crypto assets using index names occurs in DeFi or virtual currencies. However, make no mistake, PancakeSwap is one of the leading DEX platforms in the crypto asset world.
As is often the case in the crypto space, the price of crypto assets can respond to user adoption or at least demand. As of today, there appears to be a strong demand for CAKE tokens in the crypto trading market. By using a scalable network like BSC, PancakeSwap can offer low transaction fees. In BSC, the transaction fees charged are very low compared to the transaction fees charged on other blockchains.
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