CAKE Price Explodes 30% in a Month: PancakeSwap Infinity's Trustless Hooks Ignite Frenzy

PancakeSwap's CAKE Soars to $2.67 as Brevis Hooks Unleash Real-Time Fee Discounts

Holy moly, the CAKE price just rocketed over 30% in the last month! Traders are going nuts, scrambling to buy and hold CAKE to cash in on the mind-blowing real-time fee discounts made possible by PancakeSwap Infinity's slick new trustless hooks. It's like a wild west out there, with everyone trying to get a piece of the action.

PancakeSwap's CAKE token is on fire, jumping 30% and now trading at a sizzling $2.67. The price surge is likely fueled by the recent drop of the Brevis trustless hooks on PancakeSwap Infinity. These hooks are shaking things up big time!

The Brevis Hooks system is a game-changer, letting PancakeSwap Infinity serve up personalized, dynamic trading fees that are locked in by on-chain logic. No more staking nonsense where you gotta lock up tokens just to get a discount. The hooks are smart, automatically sniffing out your trading volumes and CAKE balances, then slashing fees in real-time. It's like magic!

Want volume-based discounts? Get in on the USDT-USDC and ETH-USDT pairs. The more you trade, the less you pay—it's a reward for being a high-roller. And for CAKE-based discounts, all you gotta do is hold some CAKE in your wallet. No staking required, just keep that CAKE close and watch the fees drop on these pairs.

The Brevis Hooks have been live for about a month, dropping on April 28 as part of the PancakeSwap Infinity (formerly v4) launch. These hooks are the secret sauce behind the 30% monthly CAKE price explosion. Traders are going all-in, buying and holding CAKE like there's no tomorrow to score those sweet fee discounts.

And get this—today, CAKE blasted up another 12%, smashing through the local resistance at $2.60 like a bull in a china shop. It's now charging towards the major resistance zone near $2.80. If it breaks out above that, watch out—$3.00 is in sight! CAKE is also strutting above both the EMA 20 and the SMA 50, with a bullish crossover that's been holding strong for nearly three weeks. This uptrend is unstoppable!