CAKE Token Thrives Amid PancakeSwap X Account Hack

Cake Token Remains Strong Despite the PancakeSwap X Account Hack

In a shocking turn of events, PancakeSwap, a decentralized exchange (DEX) built on the Binance Smart Chain, has faced a significant security breach. The platform announced earlier today that its Chinese-language X page was compromised.

Despite the PancakeSwap X account hack, the CAKE token remains resilient, experiencing a major uptrend. As the platform hasn't confirmed yet if the incident resulted in any losses, it remains to be seen how the asset would ultimately react.

PancakeSwap X Account Hack: What You Need to Know

On October 8, 2025, the BNB chain-based DEX, PancakeSwap, urged users to stay cautious, revealing that its Chinese page had faced a security breach. The post read,

“Our Chinese account PancakeSwap has been compromised. Please do not click on any recent links or interact with the posts. Our team is investigating to resolve the issue. Updates will be shared only through this official [site].”

This hack has sparked a lively discussion across social media, with the community weighing in on various aspects of the incident. A Twitter user wrote, “I’m not sure if one of the…accounts got hacked, but they just posted a token — DYOR.”

Reportedly, the hackers posted a message to promote the digital asset called 煎饼先生 (Mr Pancake).  Within hours, the cryptocurrency has hit $7 million market cap, marking a 110x increase.

As the incident follows the recent BNB Chain Twitter hack, many speculate about a possible connection between the two. The token launch has also sparked discussions on its similarities with the $4 memecoin debut, a crypto that gained popularity after being created by the BNB Chain hacker and later taken over by the community, backed by Changpeng Zhao.

CAKE Remains Resilient

Usually, a security breach in a platform or exchange could adversely impact its native token. Defying expectations, the CAKE token stays strong despite the hack. The cryptocurrency is now trading at $4.25, marking a notable surge of 15% in a day. Over the past week and month, CAKE has seen more appreciable upticks of 70% and 78%, respectively.

Driven by this positive trend, traders are also showing increased interest in the crypto, despite the security breach. The 24-hour trading volume is currently marked at $1.22 billion, up by about 90%. This underscores the community’s confidence and optimism towards the cryptocurrency.