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Topic: What do you think about CAKE? - page 4. (Read 594 times)

sr. member
Activity: 546
Merit: 261
Moonbet.io
May 07, 2022, 06:16:40 AM
#30
I believe it's possible because this is a good project that has a useful website for all crypto users especially those who own different assets. And infact the services is good as well for how many years now despite of some factors and errors , So i wouldn't be surprised if Cake will improve more in the future along with trusted platform in the space IMO.
Cake can't reach higher price again after last time hype was over and ever reach all time high above $40 before dumping right now under $8, I think Cake coin keep stable under this value and not any change will reach higher price. Better not all in your money with Cake coin investing and not recommended with long term investment on cake coin because you can loss much. Have several holder disappointed when buy Cake on higher price and until several months holding price keep going dump and never try reach above $20 although bitcoin have good chance with higher price.
full member
Activity: 588
Merit: 100
May 07, 2022, 05:43:54 AM
#29
We all probably know that projects running on Binance Smart Chain (BSC) can grow and develop rapidly because of the advantages of Binance Smart Chain (BSC) which implements low fees and can execute transactions faster than Ethereum (ETH).  I personally hope that PancakeSwap (CAKE) can win the market battle and the price can go up to 500 percent in the long term
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
May 07, 2022, 04:10:00 AM
#28
I'm still fairly bullish on some of the altcoins in this market but perhaps what I'm witnessing is a flurry of information and trend navigation that leaves many still unable to envision a future. good or bad future.
But honestly, this is also one of the coins that brought me big profits in 2021, so no matter how it turns out, I am very grateful for it. But 2022 probably no longer has too many good thoughts about this market, and everything needs to be carefully calculated. The goal of $20 is basically not too difficult to happen, but it balances the benefits between risks and profits, I think it's safer for me to sit and observe it.
sr. member
Activity: 344
Merit: 250
May 06, 2022, 10:24:00 PM
#27
Everything can happen in the crypto world, so in this case we must be ready and on the project, KUE is one of the platforms that currently has many users and comfort has been seen even though it cannot reach up to 100% but it is very feasible for us to rely on, the more enthusiasts then the achievement of $ 20 is certainly a very easy thing for a platform to achieve, Moreover, in the last year they have reached a value of up to $ 40 then with the current price to reach $ 20 will also be easy to realize.
Everything will not easily happen in the market if all market conditions are not improved, because this is not only about the merits of a platform or the product of a platform, but also about how market conditions are very often influenced by big news for space crypto, so nothing easy can be achieved as long as other better support doesn't exist.
sr. member
Activity: 1582
Merit: 279
Vave.com - Crypto Casino
May 06, 2022, 10:15:32 PM
#26
Everything can happen in the crypto world, so in this case we must be ready and on the project, KUE is one of the platforms that currently has many users and comfort has been seen even though it cannot reach up to 100% but it is very feasible for us to rely on, the more enthusiasts then the achievement of $ 20 is certainly a very easy thing for a platform to achieve, Moreover, in the last year they have reached a value of up to $ 40 then with the current price to reach $ 20 will also be easy to realize.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
May 06, 2022, 09:47:49 PM
#25
Do you think it will reach $20 this year?
Cake is no matter best token but price depend upon market condition also. If market remain stable then there is chances that Usecase of Decentralized exchanges goes big and we may see increase in price also. If market remain bear than it's very hard to achieve $20 target.
An increase in price will only occur when the market is in good condition and that cannot be denied by everyone because in conditions like now almost all good coins are difficult to get a good price increase.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
May 06, 2022, 09:30:04 PM
#24
It is hard to predict now because the whole market is still experiencing bad movement , and look at the cake performance for the last month

https://coinmarketcap.com/currencies/pancakeswap/

that shows how we cannot rely in this coin for now instead we must seek for better angle in which coin we must trust.
Buy Now as the bearish is completely covering the  market, or wait for total dump before the climb End this year.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
May 06, 2022, 06:15:51 PM
#23
A bit surprised to see that the pressure tot he cake token was not so big. Can i call cake is the stronger one here? The future looks good. That means cake can still stand on its position even during the bearish market. this is only getting down a little bit. I do know how useful cake for people to get the passive income from the market. I will believe cake will reach 20 when the pump is back again but no one know when. If you expect this to happen this yea and you are totally wrong about this.
We didn't know when the market will be bullish again.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
May 06, 2022, 10:36:04 AM
#22
I don't even think your dream will come true. Cake may go even deeper from this time when bitcoin will continue to dump. Crypto market is not healthy anymore right now and so many people got liquidated. Im feeling skeptical about the future of crypto from this case. We may see another long term bearish trend again soon. you must prepare yourself. Even when this can recover again but the chart doesn't look good right now. You must be careful with any situation. it's better to have some patience waiting for the recovery to happen.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
May 06, 2022, 10:08:47 AM
#21
Do you think it will reach $20 this year?
Cake is no matter best token but price depend upon market condition also. If market remain stable then there is chances that Usecase of Decentralized exchanges goes big and we may see increase in price also. If market remain bear than it's very hard to achieve $20 target.
full member
Activity: 2590
Merit: 228
May 06, 2022, 04:18:46 AM
#20
Do you think it will reach $20 this year?
Why not?CAKE showed good performance last year and reached  a revolutionary ATH , but there is also a negative side now as the market seemingly to have a Bearish trend for the next following months.
or maybe extend to another year , as the Mighty bitcoin will be the main to fall and will followed by altcoins.
if you have cake on your wallet then decide if you will Hold for long term ? or you will sell before the crash again.
sr. member
Activity: 1008
Merit: 250
May 06, 2022, 03:19:39 AM
#19
Do you think it will reach $20 this year?
very difficult because the market does not support for this. Even though Cake is good to hold, but 20$ goal this year sounds impossible. it's like expecting a bull market right now, in a very bad situation. but one thing is for sure, cake still has a chance to return to ATH, but not anytime soon.
Targets that are always far clear will not be possible for CAKE to achieve in the near future because market conditions do not allow for that even though CAKE is not a bad thing for everyone to choose at a lower price, it just takes more patience to see CAKE at $20 again.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
May 06, 2022, 12:34:45 AM
#18
I do believe that $20 will be achieved I just do not believe that it won't happen anytime soon, it will probably happen in the future though. Which means that if you end up buying cake and staking it, eventually you will end up profiting.

This is why you should start thinking about it right now, in order to profit from it. Doesn't mean that you will get rich today right away, but who could be hurt from getting an investment in the close future, like in 2023 for example? Maybe it won't even be 20 bucks, but more like 5-10 range, and if you stake for a year from now until it reaches that range, you will still double thanks to locking your money.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
May 05, 2022, 10:16:13 PM
#17
Anything is possible, you should be ready for a long time holding as well because the market can take an unexpected turn soon, this present recovery looks like a fake-out to me but you have nothing to worry about, cake is a good coin for long term holding.
Currently the market has started to experience another sudden drop for all coins and tokens, I don't know why this happened suddenly because I didn't have time to read the news which caused this sudden dump of all coins.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
May 05, 2022, 06:37:36 PM
#16
I don't think so. It's something like cake will be quite stable or doing sideway from here. glad to see that even when bitcoin gets a big dump and cake can still sustain its price and it's only going down a little bit. Going 20 is impossible for cake this year but defending its price from the current dump that is happening with bitcoin also becomes the best achievement for cake. This proves how strong cake token is. I do like the price action of cake right now. Become a stable token rather than a very volatile token like another token in the market. it seems people are aware that cake is also very useful. Your prediction will not come true as long as bitcoin is still int he same situation like this,
full member
Activity: 1303
Merit: 128
May 05, 2022, 06:21:08 PM
#15
Do you think it will reach $20 this year?
That's possible because CAKE has been a great platform and still a good DEX, many are still into new tokens and CAKE is been a platform for them.
It's still worth it to hold some CAKE because this platform can offer a lot more options and when do grow more, you can expect new ATH to be made in the future.
Cryptocurrency is down right now, and if you are going to invest you can consider CAKE as one of your option.
jr. member
Activity: 91
Merit: 1
May 05, 2022, 04:29:09 PM
#14
It possible for it to reach 20$ aswell as its possible to reach 0.1$ nobody knows for sure with these coins.
full member
Activity: 2086
Merit: 193
May 05, 2022, 04:26:23 PM
#13
Do you think it will reach $20 this year?
It’s possible if there’s a bull market, but with the situation that we are into right now maybe its it will not be easy for that price to achieve but don’t worry because CAKE is a great project and that price can be hit at the right time. The ATH with CAKE is around $40 and usually the cycle will happen and that price can be hit again, so if you’re a long term investor buying CAKE right now is a good decision.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 05, 2022, 12:59:18 PM
#12
I'm just going to say anything can happen. After hitting an ATH high of $43 for some time, CAKE has fallen too deep, and it even looks like it's the deepest for CAKE. If we see the CAKE movement, there will still be a possibility for CAKE to increase again, and it will depend on how well the market moves. If the market is still like this year, I think it will be difficult for CAKE to start increasing unless there is support for the project so that the price can slowly increase. We'll see what happens with CAKE this time of year, and hopefully, the price can really go up again.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
May 05, 2022, 12:23:21 PM
#11
I suggest you to take a look at the bitcoin chart and you can think by yourself whether that's possible or not for the cake to reach such value. 20 bucks will never happen once the market condition was in the bearish market like this time. I can't deny the fact that if everything totally pegged with the price of bitcoin right now. Cake was also dumped now due to the bitcoin dump.
So if you are thinking we can go up for this year and it may not happen soon.
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