PancakeSwap didn’t manage to have a satisfactory performance in the last seven days due to the price drop witnessed by the token. However, that may change in the days to come.
With the entry of cIFOs into the market, PancakeSwap may have caught the attention and gained favorable feedback from the crypto community. The potential for this commercial technology to improve PancakeSwap’s unfavorable circumstances could be significant.
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Here’s AMBCrypto’s Price Prediction for PancakeSwap for 2022-2023
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cIFO or community initial farm offering is a new instrument devised by the team at PancakeSwap to engage their community. cIFO will allow long term holders of PancakeSwap to invest in exclusive projects on the basis of ‘points’ accumulated over time.
This move by PancakeSwap helped the platform garner some attention on the social front.
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