PancakeSwap Infinity Launches on Base as CAKE Price Eyes Potential Breakout Above $3

Key Points

1. PancakeSwap Infinity introduces advanced features like customizable Hooks and dual pool types on Base network for cost-effective decentralized trading.

2. Base's Layer 2 architecture reduces transaction costs, supporting PancakeSwap’s gas-saving optimizations and interoperability with BNB Chain and Arbitrum.

3. CAKE token exhibits an ascending triangle pattern, with potential breakout above $3.00 targeting $4.00, supported by strong technical indicators.

4. Key support levels for CAKE are at $2.30 and $2.00; failure to hold these could lead to downside risks.

5. PancakeSwap’s expansion on Base aligns with the network’s growing TVL and DEX volume, driving adoption of multi-chain DeFi solutions.