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RE: PancakeSwap Data on TVL, Trading Volume, Users and Supply

in LeoFinance • 4 years ago

WoW 😳 very interesting datas. This TVL is just going exponential !

We can see that the TVL is the metric that is the most correlated with the underlying performance of the $CAKE asset.

Also, on a more bearish side despite the TVL climbing to ATH. Users and Daily volume is flat. You need both of these up for the LT appreciation of $CAKE.

Let’s wait and see !

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4 years ago in LeoFinance by
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     4 years ago  

    Users and volume are not as flat on a months scale :)
    Only in days/week

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       4 years ago  

      Indeed, I have always been too much focused on the short term I guess :D