Bitcoin
Bitcoin (BTC)
$51,467.00 0.30097
Bitcoin price
Ethereum
Ethereum (ETH)
$3,050.37 2.45293
Ethereum price
BNB
BNB (BNB)
$385.33 1.05134
BNB price
Solana
Solana (SOL)
$103.12 0.16182
Solana price
XRP
XRP (XRP)
$0.5435790 -0.43564
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000097 0.49991
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000013 6.91948
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057620 1.21003
El Hippo price
Bonk
Bonk (BONK)
$0.0000116 -1.20742
Bonk price
Bitcoin
Bitcoin (BTC)
$51,467.00 0.30097
Bitcoin price
Ethereum
Ethereum (ETH)
$3,050.37 2.45293
Ethereum price
BNB
BNB (BNB)
$385.33 1.05134
BNB price
Solana
Solana (SOL)
$103.12 0.16182
Solana price
XRP
XRP (XRP)
$0.5435790 -0.43564
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000097 0.49991
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000013 6.91948
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057620 1.21003
El Hippo price
Bonk
Bonk (BONK)
$0.0000116 -1.20742
Bonk price
Bitcoin
Bitcoin (BTC)
$51,467.00 0.30097
Bitcoin price
Ethereum
Ethereum (ETH)
$3,050.37 2.45293
Ethereum price
BNB
BNB (BNB)
$385.33 1.05134
BNB price
Solana
Solana (SOL)
$103.12 0.16182
Solana price
XRP
XRP (XRP)
$0.5435790 -0.43564
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000097 0.49991
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000013 6.91948
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057620 1.21003
El Hippo price
Bonk
Bonk (BONK)
$0.0000116 -1.20742
Bonk price
Bitcoin
Bitcoin (BTC)
$51,467.00 0.30097
Bitcoin price
Ethereum
Ethereum (ETH)
$3,050.37 2.45293
Ethereum price
BNB
BNB (BNB)
$385.33 1.05134
BNB price
Solana
Solana (SOL)
$103.12 0.16182
Solana price
XRP
XRP (XRP)
$0.5435790 -0.43564
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000097 0.49991
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000013 6.91948
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057620 1.21003
El Hippo price
Bonk
Bonk (BONK)
$0.0000116 -1.20742
Bonk price

BakerySwap’s launchpad announcement sends token soaring

bakeryswaps-launchpad-announcement-sends-token-soaring
Edited by
Markets
BakerySwap’s launchpad announcement sends token soaring

A Dec. 6 post from Lookonchain, a leader in cryptocurrency price updates, highlights that BAKE, a part of the BakerySwap ecosystem and a decentralized automated market-making (AMM) protocol, had increased 100%.

The price surge was said to follow BakerySwap’s announcement of their new launchpad project on BRC20, which got 181,000 impressions on X.

A strategic move 

At the same time, Lookonchain reports that the third-largest holder, a whale, had deposited 4.38 million BAKE or $1.4 million into the global cryptocurrency exchange, Gate.io. 

This strategic move occurred after BAKE’s price reached close to its high of $0.352, suggesting the whale now maintains a total holding of 19.48 million BAKE, valued at $6.25 million. 

Unfortunately, despite earlier excitement today, the token has since turned in the opposite direction, showing a 5.29% decrease where it currently sits at $0.2773. 

Changing investor sentiment

The BAKE altcoin represents another altcoin that has seen significant investor interest. As reported in a Dec. 6 update on X by Kaiko, the volume of altcoin’s market share reached 67% last week, which many analysts believe is the start of altcoin season.

The data from this prominent cryptocurrency market source indicates a notable change in investor sentiment and what might be an ongoing trend for the market.

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