Description
CakeUp is the first and only BSC token that brings together rebasing and CAKE rewards. The rebasing or "elastic supply" allows the supply to be lowered hourly. Each negative rebase lowers the supply and provides a green candle, causing the chart to always go up, and the supply to constantly decrease. The supply will decrease every hour, causing each holder to lose tokens proportionally, while also increase the token price to maintain market cap. The CAKE rewards are distributed evenly and fairly between all holders, rewarding them for holding. The tokenomics include a tax in order to automatically provide to liquidity pool, marketing wallet, and the CAKE rewards.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, CakeUp has established itself as a formidable player. It is currently ranked #18,350 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in CakeUp as a viable digital asset.
Buy & Sell Taxes
When trading CakeUp, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for CakeUp is 0.15%, while the sell tax is 0.33%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of CakeUp consist of a total supply of 29,262,632,360 tokens, out of which -11,602,694,278 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your CakeUp tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade CakeUp, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in CakeUp with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
