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Home»Altcoins»The price of CAKE is exploding today: here’s why
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The price of CAKE is exploding today: here’s why

October 9, 2025No Comments
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Key notes

  • CAKE price jumped over 7% when PancakeSwap introduced CAKE.PAD.
  • All CAKE fees from CAKE.PAD events will be burned permanently, fueling deflation.
  • The simplified participation model is expected to drive broader user adoption and utility.

Pancakeswap’s native token, CAKE, is on a powerful uptrend. The coin has soared more than 7% in the past 24 hours, with trading volume up almost 87%. In the last week alone, CAKE surged nearly 40%, extending its monthly gains to an impressive 50%, according to CoinMarketCap.

The explosive move comes as the decentralized exchange launched its most anticipated feature to date, CAKE.PAD, a streamlined early access token launch platform designed to revolutionize the way users participate in new project offerings.


What explains the surge in CAKE prices?

CAKE.PAD, PancakeSwap’s enhanced version of its Initial Farm Offering (IFO), introduces a new system that simplifies the process of joining early token sales. Users should only maintain and validate CAKE during an event.

Unlike the old IFO model, there is no staking pool, no lock-up period, and no complicated requirements. Once the event ends, participants can instantly claim their new tokens.

Strong deflationary mechanism

This move makes early access to tokens more inclusive, also introducing a powerful deflationary mechanism.

No more CAKE utility. More burnt CAKE. 🔥

Welcome to CAKE.PAD (formerly IFO), get exclusive early access to new tokens before they hit exchanges.

No staking. No blocking. Simply validate CAKE and claim new tokens. pic.twitter.com/gpNrm1sO16

– PancakeSwap (@PancakeSwap) October 6, 2025

All CAKE fees collected through CAKE.PAD will be burned permanently, reducing the circulating supply and strengthening the long-term value of CAKE. Each participation directly contributes to the shortage.

Additionally, users can now participate in multiple events simultaneously, with no CAKE engagement limits. The platform will also introduce a tiered subscription tax system during oversubscribed events to maintain fairness.

CAKE Price Analysis: Bulls in Control

The CAKE daily chart shows a strong uptrend forming within an ascending parallel channel, marked by higher and more consistent highs and lows since the start of 2024. The token recently tested the upper boundary of this channel around $3.80 to $4.00, before facing slight resistance.

CAKE price in a rising parallel channel | Source: TradingView

CAKE price in a rising parallel channel | Source: TradingView

Bollinger bands extend as price holds above the middle band, near $3.00, confirming sustained buying pressure. Meanwhile, the RSI (Relative Strength Index) stands at 67, just below overbought territory.

Additionally, the MACD indicator has recently turned bullish, with the MACD line moving above the signal line and the histogram bars steadily increasing. The Chaikin Money Flow (CMF) reading of 0.13 indicates consistent capital inflows, another positive sign for the bulls.

If sellers intervene or Bitcoin corrects, CAKE could move back towards the support zone at $2.70. However, it is important to note that a breakout above this range could accelerate momentum towards $4.30 – $4.50, crowning CAKE as the next crypto to explode.

following

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.

Altcoin News, News

Parth Dubey

A crypto journalist with over 5 years of industry experience, Parth has worked with leading media outlets in the crypto and finance world, gaining experience and expertise in the field after surviving both bear and bull markets over the years. Parth is also the author of 4 self-published books.

Parth Dubey on LinkedIn






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