<ul><li>PancakeSwap, a multi-chain DEX, burned 339,000 CAKE tokens, worth $800,040 from various sources including trading fees.</li><li>Binance Founder, CZ, reacts positively to the deflationary trend of CAKE tokens burned by PancakeSwap.</li><li>PancakeSwap changed its reporting style to disclose the amount of CAKE tokens both burned and minted, providing users with a clearer understanding of token circulation.</li><li>Currently, CAKE has a total supply of 372.49 million tokens, with 289.34 million tokens in circulation, and the price of CAKE has declined 10.89% in the past 24 hours.</li></ul>

Binance Founder Reacts as PancakeSwap Burns 339K CAKE Tokens

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