price of CAKE $50 realistic? - page 10.

redsun114

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Quote from: coinzzzpro on October 19, 2021, 07:23:07 AM

I didn't buy much, but it's still nice. But now is it worth it to buy more at $20 with the goal of selling at $50? The question is where the market will go, I understand that it is difficult. It's just that on the fundamental side, CAKE is an investment coin.

I would say that Cake is something that is literally as good as it gets and it could be 50 or even 100 or even 500 dollars in the future. Obviously not right away, but imagine a world where you buy Cake as much as you can afford without hurting your finances, then you stake it, and rest take with the profits, and then you keep doing that for 5 years.

Do you really believe that you may make a loss? It is obvious that you are going to make at least 10x profit, probably something like 50x if you are lucky. Obviously waiting 5 years in an investment is not something crypto people do that frequently, unfortunately people buy and get out of the tokens very quickly. However imagine buying ETH 5 years ago and still holding, can you imagine how much money you would have? This is exactly like that but on top of that you are making passive income with the passive income as well.

Evgenklm

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if you look at how the top 3 CMC cryptocurrencies have grown now, then I wouldn't be surprised if cake shows a new ATH, it has everything for this, so in the long-term perspective this is a good investment.

coinzzzpro

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Quote from: michellee on October 19, 2021, 04:30:30 AM

Quote from: coinzzzpro on October 19, 2021, 01:35:24 AM

I bought a CAKE for $7 at the time I could not believe that it would cost $20, but time has shown that I was wrong. Do I understand correctly that the price of CAKE depends on the number of coins invested in the pool? This is the greed of people, all that brings from the deposit they again invest in their deposit. Will it ever end?

Congratulations to you because now, you are making a lot of money, especially if you have some Cake. We can underestimate a coin and that is normal but after we see that the coin or token increases in the future, we will not feel underestimate and have a big hope that the coin or token can still increase. It will never end because as long as people can see a chance to make money from their side, they will use it and try to make more and more money.

Thank you! I didn't buy much, but it's still nice. But now is it worth it to buy more at $20 with the goal of selling at $50? The question is where the market will go, I understand that it is difficult. It's just that on the fundamental side, CAKE is an investment coin.

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Quote from: coinzzzpro on October 19, 2021, 01:35:24 AM

I bought a CAKE for $7 at the time I could not believe that it would cost $20, but time has shown that I was wrong. Do I understand correctly that the price of CAKE depends on the number of coins invested in the pool? This is the greed of people, all that brings from the deposit they again invest in their deposit. Will it ever end?

Congratulations to you because now, you are making a lot of money, especially if you have some Cake. We can underestimate a coin and that is normal but after we see that the coin or token increases in the future, we will not feel underestimate and have a big hope that the coin or token can still increase. It will never end because as long as people can see a chance to make money from their side, they will use it and try to make more and more money.

OrangeII

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to me, this looks very realistic. even based on the information available to CMC, the ATH for the cake was reached 6 months ago, and the price was $44. it is very close to $50. however, currently the best DEX I'm currently using is Pancakeswap. I'm sure in the future it will develop, and push the price closer to $50.

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

coinzzzpro

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I bought a CAKE for $7 at the time I could not believe that it would cost $20, but time has shown that I was wrong. Do I understand correctly that the price of CAKE depends on the number of coins invested in the pool? This is the greed of people, all that brings from the deposit they again invest in their deposit. Will it ever end?

Amejoaquim

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OFC it very realistic. It depends on how high bnb goes, and bnb is dependent on how high BTC goes. But if bnb hits 1-1.2k then I can see a $100 cake. Even more hopeful with the recent emission changes

darmin

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I wish it was like that. I also hold the coin now. Some of my funds are allocated to CAKE coins and I staking. Judging from the daily transaction volume, CAKE still occurs high trading volume.

Valak

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Quote from: coinzzzpro on October 13, 2021, 08:24:00 AM

What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

The normal price for Cake coins is $20, for ATH it goes up to $44. Indeed Cake is a good coin, to reach $50 is not something impossible. You just need to be patient when it comes to long-term investments. But to be more profitable, we can stake Cake coins on the Pancakeswap platform.

CutePanda

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CAKE could very easily touch $50, why? because CAKE itself is one of the exchanges that has quite a lot of enthusiasts and traders who buy and sell tokens. $50 of course is very realistic, I think CAKE could reach $50 by the end of 2022.
for now, we just need to be patient and wait.

SUPERSAIAN

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If the anticipated big altcoin season arrives, it should hit a new all-time high. After the Ath price, many innovations were made. Cake team works really well. With the opening of the NFT market, more transactions will begin. At the same time, cake inflation has almost halved. These are all positive for cake, but altcoins need to move now. One of the fastest responsive coins could be CAKE.

SquallLeonhart

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Quote from: Ten98 on October 16, 2021, 08:17:34 AM

Quote from: Alert31 on October 15, 2021, 09:52:18 AM

I think it is worth to hold Cake for long term because so far it has no problem and Pancakeswap is a DEX which have a higher demand nowadays. So, for sure Cake will increase more as the time goes by and also Cake is already listed in different crypto exchange including Binance.

Cake is obviously good as long as Dex like Pancakeswap doesn't have any issues and is still very easy and convenient for everyone to use, so the potential for its price to continue to increase is definitely very likely in terms of odds.

I believe that pancake will keep being better and better because they do not have really a limit. There is a new thing that needs to be added? Then they will add that as well. They are really doing great and I believe that they are going to keep doing great in the long run as well, they can add anything they want.

Same happened with the NFT thing as well, NFT got famous and they put that in and they are doing NFT marketplace type of deal for themselves right now as well, sure people use opensea instead but there is at least that option. So, I believe that cake will keep on being great and it will keep on going not because it is good now, because what it is now will not be enough in the future but they can improve which is the main reason why I believe it will go up.

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Quote from: retreat on October 16, 2021, 12:33:43 PM

very likely $cake to $50 or more, currently only pancakes is the BSC swap platform highly recommended. maybe before this year ends we will see the $50 cake, prepare yourself.

Actually there are several BSC exchange platforms that can be used by everyone at this time, but in general almost everyone uses Pancakeswap for the reason that it is easier and also more reliable when doing various jobs, so this is what makes Cake preferred by many people today.

shinratensei_

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Quote from: coinzzzpro on October 13, 2021, 08:24:00 AM

What prospects do you think the CAKE coin has?

You can take uniswap as comparison with cake https://coinmarketcap.com/currencies/uniswap/
Uniswap has 16 billions valuation while cake was less 5. I can call that if cake has a chance to go to the same like uniswap and it can also have the same marketcap like uni. cake has a good prospect for the future. tHIs is also supported by binance exchange site as well.

Quote from: coinzzzpro on October 13, 2021, 08:24:00 AM

It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

You must start to compare it with the swap platform that was superior to cake. $50 will still make the marketcap of cake less than uniswap and that makes sense to put it as the price to sold your cake.
so many people are expecting even bigger than you as they were aiming to sell their coins at $100 for each.

BaeSuzy

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Thats kinda hard because theres are a lot more cake in circulation than before too. The annual inflation rate is about 37%
Even matching the ATH price will be a new ATH for market cap
And the another factor is depends about how bitcoin goes, and this is very important, if bitcoin can keep rising and reach $100k, Cake could go to 50$ or even more.

TomArayaSlaya

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What is the current marketcap right now I think you will find out that is really huge and then what will make the coin have massive growth like that I think maybe if their NFTs picks up then probably we might see price rise but Seriously It will take alot to 2X from here

ymckartal

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Quote from: coinzzzpro on October 13, 2021, 08:24:00 AM

What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

hello my friend;

I got the impression that it is not a very stable crypto. Going up to $44 levels and falling to $10 did not seem very reliable. but if it rises from this level again, I think it will reach the $75 level. This is just my opinion and not for guidance.

tygeade

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Pancake is one of the best defi that I have ever seen. Have you seen something that could make your entire living with something that is basically as less volatile as Cake token? I mean you could put in few hundred k into cake and you could be doing yield farming on anything you want, you could diversify basically by putting it into 10 different things and you would be making a living from it without any problem at all.

I do not get how people are not investing more into cake, I am putting all the money I have into coins and tokens that I diversify but then I put them into staking or farming in cake because why not make some extra money from it. I do not care if Cake drops because my main money stays the same as well, so it is fine for me even if cake becomes 1 dollar. That is EXACTLY why the price doesn't drop either. So, it will be 50 bucks and even 500 bucks one day when people realize how awesome it’s.

retreat

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Quote from: coinzzzpro on October 13, 2021, 08:24:00 AM

What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

very likely $cake to $50 or more, currently only pancakes is the BSC swap platform highly recommended. maybe before this year ends we will see the $50 cake, prepare yourself.

elisabetheva

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Quote from: coinzzzpro on October 13, 2021, 08:24:00 AM

What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

Quote from: layoutph on October 16, 2021, 10:13:11 AM

I just stake 1/4 of my investment with CAKE. 50usd is a realistic target for CAKE, in my own trading plan my target is $90 to $100usd. As long as Bitcoin doesnt hit $200 to $250 altcoin will continue to rise.

Of course it is common logic that if bitcoin increases it is certain that altcoins in the rankings or those that are still active in trading will certainly increase as well, so I agree that getting to $50 is not that hard.
but unfortunately until now the cake still has a difference of -55.0% more than their last ATH, so the cake management has to work hard so it doesn't fall too far.

because all of them are in the position of their last ATH below -25%, so have to work hard too so you don't lag far behind the others. there will always be an increase because the opportunity is always there just how to address it.

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