About CakeDAO CAKE

"CakeDao is a decentralized reserve currency protocol available on the Avalanche Network based on the CAKE token. Each CAKE token is backed by a basket of assets (e.g., MIM, LP Tokens etc ) in the CakeDao treasury, giving it an intrinsic value that it cannot fall below. CakeDao also introduces economic and game-theoretic dynamics into the market through staking and minting. Our goal is to build a policy-controlled currency system, native on the AVAX network, in which the behavior of the CAKE token! In the long term, we believe this system can be used to optimize for stability and consistency so that CAKE can function as a global unit-of-account and medium-of-exchange currency. In the short term, we intend to optimize the system for growth and wealth creation. "

CakeDAO (CAKE) Price Data

CakeDAO (CAKE) price has decreased today.

CakeDAO price today is $0.0000000524 with a 24-hours trading volume up by -- %. CAKE price is down in the last 24 hours. It has a circulating supply is 1.00B CAKE coins and a total supply of 1.00B.

What is the highest price for CakeDAO?

The all-time high price of CakeDAO is $47.251 on Dec 23, 2021.

What is the lowest price for CakeDAO?

The all-time low price of CakeDAO is $0.0000000000464 on Dec 16, 2023.