BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

BITCOIN

₹61,84,249.98

1.693%

ETHEREUM

₹3,35,242.89

1.446%

TETHER USDT

₹89.46

0.049%

BNB

₹54,968.39

0.763%

SOLANA

₹15,839.91

0.637%

USDC

₹89.49

0.026%

XRP

₹47.15

1.791%

DOGECOIN

₹14.84

2.002%

CARDANO

₹43.27

2.309%

AVALANCHE

₹3,575.51

2.725%

SHIBA INU

₹0.002263

1.679%

WRAPPED BITCOIN

₹61,96,560.82

1.542%

POLKADOT

₹667.47

1.942%

TRON

₹10.75

2.897%

BITCOIN CASH

₹44,593.57

3.381%

CHAINLINK

₹1,460.53

2.174%

NEAR PROTOCOL

₹713.05

1.834%

POLYGON

₹64.62

0.992%

LITECOIN

₹7,682.66

2.691%

INTERNET COMPUTER

₹1,147.27

3.636%

Home

/

Coins

/

Bakerytoken

BAKE

BakeryToken

BAKE

Watchlist

₹29.28

LIVE

24H Low ₹26.19

24H High ₹29.81

Price of BAKE today

The current live price of BAKE today is ₹29.28, with a 24-hour trading volume of ₹3,68,74,49,335.98. Our BAKE to INR price is updated in real-time. BAKE has seen a increment of 12.04% in the last 24 hours. With a live market cap of ₹8,63,74,84,852.28 , the circulating supply is at 289,770,512 BAKE coins, with a maximum supply of 289,770,512BAKE coins.

BakeryToken Price History

Date ComparisonAmount Change% Change
Today₹2.86

10.73%

7 Days₹3.79

14.78%

30 Days₹5.11

20.98%

1 Year₹16.41

125.7%

BakeryToken Price Information

Price Change (1hr)

10.84%

Price Change (24hr)

10.73%

Price Change (7d)

14.78%

BakeryToken Market Stats

Market Cap

₹8,63,74,84,852.28

Fully Diluted Market Cap

₹8,63,74,84,852.28

24hr Volume

₹3,68,74,49,335.98

13.47%

Circulating Supply

289770511.95 BAKE

Total Supply

289770511.95 BAKE

Things to know about BakeryToken

1. What is the token?

  • BakeryToken (BAKE) is a BEP-20 governance and utility token within BakerySwap on Binance Smart Chain (BSC).

  • BAKE holders earn rewards through liquidity provision, governance voting, and transaction fee dividends.

2. Tokenomics

  • BakeryToken's tokenomics are tailored to bolster its role within the BakerySwap ecosystem, a decentralised exchange (DEX) and automated market maker (AMM) on the Binance Smart Chain (BSC).

  • Total supply is capped at 1 billion BAKE tokens, ensuring scarcity and long-term value retention.

  • Distribution mechanisms include yield farming, liquidity mining, and token sales, which are integral to incentivising participation and ensuring liquidity.

  • Yield farming and liquidity mining enables users to earn BAKE rewards for providing liquidity to trading pairs, enhancing liquidity and fostering decentralised ownership.

  • This economic model aims to create a self-sustaining platform, aligning incentives for participation with BakerySwap's growth and success.

  • Based on broader trends in decentralised finance (DeFi), tokenomics play is crucial in encouraging active participation and investment in the platform.

  • Overall, BakeryToken's tokenomics support its utility, incentivise participation, and ensure liquidity and growth within the BakerySwap ecosystem.

3. Market Data

As of today 22 May 2024, the price of BakeryToken is ₹29.28 INR, with a 24-hour trading volume of 41200551.24 USD. The market capitalisation for BakeryToken is 96508210.64USD. The circulating supply is 289770511.95 BakeryToken, with the total supply also being 289770511.95 BakeryToken.

Pros:

  • BAKE rewards incentivise liquidity provision and governance participation.

  • Binance Smart Chain operation offers lower transaction fees.

Cons:

  • Risk of volatility and potential loss.

  • The lack of a maximum supply cap may lead to inflationary pressures.

5. Why Should You Invest in the coin

  • Attractive for DeFi believers, BakerySwap supporters, and those interested in liquidity provision and governance.

  • Individual risk tolerance and research should guide investment decisions.

6. USP of the coin

  • BAKE's integration in BakerySwap combines AMM functionalities with a decentralised NFT marketplace, providing a comprehensive DeFi experience on BSC.

7. Problem the coin is solving

  • Addresses high fees and slow speeds on Ethereum-based AMMs by operating on Binance Smart Chain, which is known for lower fees and faster transactions.

8. Founder and team background

  • BakerySwap, launched in 2020, is a Uniswap fork committed to the DAO model, avoiding ICOs and pre-sales.

  • The team, opting for anonymity, earns 1% from farming without owning BAKE supply.

9. Risks Associated in Investing in the Coin

  • Involves risks such as market volatility, regulatory changes, and technological issues within BakerySwap.

  • Thorough research and risk assessment are crucial for investors.

10. Whitepaper Insights

BakeryToken (BAKE) is the native cryptocurrency of BakerySwap, a decentralised finance (DeFi) platform operating on the Binance Smart Chain (BSC), featuring automated market-making (AMM) functionality. BAKE serves multiple purposes within the BakerySwap ecosystem, including rewarding liquidity providers, granting governance rights, and facilitating transactions and exchanges. Unlike Bitcoin, BAKE does not have a predetermined maximum supply, enhancing its economic dynamics.

The BakerySwap team's decision to maintain anonymity aligns with the ethos of early cryptocurrency projects. BAKE's primary appeal lies in its utility within and beyond the BakerySwap ecosystem, offering a comprehensive DeFi experience on BSC.

While the BakerySwap whitepaper outlines the project's vision, technical framework, and economic model, specific details are not readily available. However, BakerySwap integrates AMM functionality with a decentralised NFT marketplace, aiming to address high transaction fees and slow speeds prevalent in Ethereum-based AMMs by leveraging the capabilities of BSC. Future developments include Farming 2.0 and NFT Marketplace 3.0, demonstrating BakerySwap's commitment to innovation and improvement.

Additionally, the BakerySwap team remains proactive in updating tokenomics and products for the benefit of users, as evidenced by community proposals such as burning over 75% of newly released BAKE tokens.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

8950

0%

BAKE to Converter

Quantity

BAKE

BAKE

Price

fiat

Price as per 11:48 PM • 22 May 2024

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Top Losers

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SYS

Syscoin

SYS

₹16.59

7.76%

Have a question not answered?

You can contact us at help@mudrex.com

What is the price of BakeryToken (BAKE)?

The current price of BakeryToken (BAKE) in INR is ₹29.28 INR.

What is the current BAKE market cap?

The current market capitalization of BakeryToken (BAKE) is ₹8,63,74,84,852.28 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of BAKE by the number of coins in circulation.

What is the current supply of BakeryToken (BAKE)?

The current supply of BakeryToken (BAKE) is 289770511.95 BAKE. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of BakeryToken (BAKE)?

The 24-hour trading volume of BakeryToken (BAKE) in INR is ₹3,68,74,49,335.98. This figure represents the total value of all BAKE transactions across various exchanges within the last 24 hours.

How to Buy BakeryToken (BAKE) in India?

To buy BakeryToken (BAKE) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in BAKE.

Can I buy BakeryToken (BAKE) with UPI?

Yes, you can buy BakeryToken (BAKE) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert BakeryToken (BAKE) to Indian Rupee (INR)?

To convert BakeryToken (BAKE) to Indian Rupee (INR), you can use our BAKE/INR conversion tool.

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