Binance has Invested in Decentralized Exchange Pancake Swap

"Binance Labs has purchased 9% Pancake swap tokens, Binance venture capital which is one of the largest cryptocurrency platforms used all over the world has invested in pancakes government spoken cake. due to this, the price of token cake has jumped more than 9%.

But the token is down from an all-time high of $43.69 Which was the high of April 30, 2021. pancake swap is one of the leading decentralized exchanges having control all over 14.45% of trading volume as per the reports.

Binance Labs said that “The investment is a part of its mission to facilitate the next way of global blockchain adoption by providing technology development marketing and community support and Enterprise solution for the Web 3 transformation”. Pancake swap is a decentralized exchange built on the BNB blockchain and has daily active users of over 400000 since its launch in September 2020.

As we know the craze of NFT is not yet over in the market day by day and the trading volume is increasing, Elisium is the platform that gives you access to a social network whose content is created by celebrities and this content can be purchased in the form of NFTs make a profit is based on Blockchain technology and also reward you $Elite which is the official token of Eli Mobile. "