CAKE Could Extend Rally After 35.96M Token Burn as DEX Volume Rises, Breakout Above $4.40 May Target $11

PancakeSwap CAKE’s rally is driven by the ￰0￱ fee-burning model that removed ~35.9M CAKE (~9% of circulating supply), paired with surging DEX volume on BSC and Base and record social mentions—these factors powered a 78% weekly gain while $4.40 remains the critical resistance ￰1￱ burns cut circulating supply by ~9%. DEX volume on BSC hit $11.56B this week; PancakeSwap AMM V3 led with $11.88B. Social mentions jumped to 112K, supporting strong short-term ￰2￱ CAKE surges after ￰3￱ burns 35.9M tokens; learn what drove the 78% weekly spike and where CAKE could head ￰4￱ analysis ￰5￱ is driving PancakeSwap CAKE’s recent rally? PancakeSwap CAKE rallied after the platform launched CAKE.

PAD, switching to a fee-burning participation model that removed roughly 35.96 million CAKE (about 9% of circulating supply) over the past ￰6￱ deflationary shock, combined with record social activity and rising DEX volume, produced a 78% weekly ￰7￱ much CAKE was burned and what is the deflation rate? ￰8￱ burns totaled ~35.96M CAKE this week, bringing total burns to about 37.21M CAKE ￰9￱ raises the YTD deflation rate to 5.57%, tightening supply and supporting price discovery as demand increased across the Binance Smart Chain ecosystem.), elevating ￰10￱ concentration : PancakeSwap AMM V3 led with $11.88B, underlining dominant protocol-level ￰11￱ pivot : $4.40 is the decisive resistance—clear weekly close above it targets $11; failure risks a drop to $3.20–$2.90.

Conclusion Short-term price action for PancakeSwap CAKE is being driven by structural deflation from ￰12￱ burns, record social engagement, and outsized DEX volume on ￰13￱ market structure is constructive, but traders should watch the $4.40 weekly zone to confirm whether the breakout will extend toward the next liquidity pocket near $11. COINOTAG will monitor on-chain burns, DEX flows, and technical confirmations for updates.