price of CAKE $50 realistic? - page 11.

agustina2

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Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

No one can advise you what exactly to do. CAKE at $50 is realistic, of course, depends on the trader's activity as that's where the pump will start. If you see that coin is worth holding, just do and follow your plan. You will never know the result until you try. Trading should always be associated with the guts of trying a certain strategy and that's what you need to do.

layoutph

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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.

Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

bigjuk

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Quote from: feelideb on October 16, 2021, 07:51:25 AM

I think $50 Cake token is realistic. Binance have invested so much on it's bsc and cake was very undervalued, under estimated when it was started, now look at where cake is. Cake has consistently chun out profit for the farmers and stakers and this reputations have also guarantees confidence and patronage from investors. I think cake still has room for value appreciation!

It's very clear and I totally agree with you because Cake really deserves to get more value appreciation and a good response because there are many parties who want to support Cake to the fullest so that a very strong potential could happen in the near future at Cake

feelideb

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I think $50 Cake token is realistic. Binance have invested so much on it's bsc and cake was very undervalued, under estimated when it was started, now look at where cake is. Cake has consistently chun out profit for the farmers and stakers and this reputations have also guarantees confidence and patronage from investors. I think cake still has room for value appreciation!

Ten98

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Quote from: Alert31 on October 15, 2021, 08:52:18 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.

OcTradism

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Quote from: Coin-1 on October 15, 2021, 11:36:10 PM

Everyone knows that the PancakeSwap ecosystem is powered by its native CAKE token. This BEP20-standard token has many use cases such as minting NFTs, adding liquidity, using in yield farms, voting on proposals and so on. I really like this DEX.

Because it gets support from Binance. It is a centralized DEX with manipulation from Binance. Some projects have hacks and hackers return coins after hacks. I don't think they are real hacks.

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But I must admit that PancakeSwap is a copy of Uniswap V2. A half year ago, the developers have already deployed the Uniswap V3 decentralized exchange on the Ethereum network. In fact, PancakeSwap lacks new features that experienced traders need. I heard that Uniswap V3 technology is open source but patented, so no one can legally copy its code and just install such an automated market maker on other blockchains.

We don't know what the team are working to develop Pancakeswap but they will release their products and if we don't accumulate $CAKE now, it is too late if we see news of product release.

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Thus, answering the topic, I think the CAKE token will be stable around $20 but won't reach $50 in the near future. This price seems unrealistic to me.

$50 is a high expectation but $40 is possible. I would choose $CAKE to invest with my expectation that it will increase 100% because Pancakeswap is big and it gives me a safer investment. I can choose other projects with smaller cap but they will give more risky investment that I don't prefer to do.

Coin-1

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Everyone knows that the PancakeSwap ecosystem is powered by its native CAKE token. This BEP20-standard token has many use cases such as minting NFTs, adding liquidity, using in yield farms, voting on proposals and so on. I really like this DEX.

But I must admit that PancakeSwap is a copy of Uniswap V2. A half year ago, the developers have already deployed the Uniswap V3 decentralized exchange on the Ethereum network. In fact, PancakeSwap lacks new features that experienced traders need. I heard that Uniswap V3 technology is open source but patented, so no one can legally copy its code and just install such an automated market maker on other blockchains.

Thus, answering the topic, I think the CAKE token will be stable around $20 but won't reach $50 in the near future. This price seems unrealistic to me.

koang

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Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

When we look at all the features of PancakeSwap, it's easy to see why it's so popular.
In the future, PancakeSwap will continue to experience increased adoption. IMO

But The opinion is opinion. Trust the fact. The previous chart is not guaranteed to happen the same as the future.

masterrex

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Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

I guess that's highly possible, Cake was a Defi Token on the worlds third-largest decentralized exchange DEX which is the PancakeSwap, and with the trend of ever-increasing migration into the BSC network due to the expensive transaction cost of Ethereum Network, I believe it will be a catalyst of growth to drive the cake token price at that level.

Vaculin

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Winding down.

Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

Cake has a massive improvement on its price this year, I'm not sure how it plays next year and when the market is in bearish season. That is probably a test for them and to see how it is able to survive from the crisis is quite not to know yet.

Many people will say and predicting a multiplied price from what it has today ($20). I can't say it won't but the possibility still remains as long as the investors keep trusting the CAKE project.
https://walletinvestor.com/forecast/pancakeswap-prediction

carlisle1

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Quote from: Ararbermas on October 15, 2021, 08:37:59 AM

Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

well if you're planning to hold for long term probably its a good idea, indeed cake is one of the most interesting projects nowadays because of the history as well, and the features of the projects reasons it's getting more attention from some investors.. Especially at this point wherein the price is very low, for sure it will skyrocketed again in the near future to break new record like what other people predictions.

If you see a good future for this coin, the timing is good to start investing.

The market is on the other side, perfect for buying and holding. If you can wait for much longer time, this coin probably will be able

to provide a good amount of profits. Timing and trust, if you have both Cake is one of those many projects that you choose for long-term investment.

Alert31

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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.

Ararbermas

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Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

well if you're planning to hold for long term probably its a good idea, indeed cake is one of the most interesting projects nowadays because of the history as well, and the features of the projects reasons it's getting more attention from some investors.. Especially at this point wherein the price is very low, for sure it will skyrocketed again in the near future to break new record like what other people predictions.

JeWay

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Quote from: Al Qiyamah on October 14, 2021, 10:13:58 AM

Many predict that CAKE can break through $50 or even more. If you plan to buy it now then there is nothing wrong with your decision. CAKE is cryptocurrency from the Pancakeswap project which has good prospects because it is considered a safer and faster network for trading BEP-20 tokens.

So far Cake is still looking very good and has not had any issues with it, so it certainly wouldn't be wrong if someone considers it an investment option, because I also think that Cake is very good and won't be bad as long as the pancake swap market is still operating very well.

OcTradism

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Quote from: Coin_trader on October 15, 2021, 06:22:12 AM

It's all time high was 44$ but its only because they are new AMM exchange on BSC network and the competition is not tough compared today. And also some of the locked tokens of team and advisors is already unlocked today which means the supply is many compared before that's why it will be hard for cake to reach that level or even the ATH.

Supply shock will have its effects but if the team are working and focusing on their developments as well as if they believe that $CAKE have price higher than $20 or $40, they won't sell their coins.

Quote from: JeffBrad12 on October 15, 2021, 07:41:48 AM

There must be new features to come. CAKE didn't FOMOed by the whales. It needs something big to let the machine to be heated and it will be starting to go to the moon. The train was not going anywhere. It's still stuck but $50 can still be considered as a reasonable price. It has a small gap when cake can break new ATH again.

What new features do you know?

I agree that with the marketcap of less than $5B, $CAKE can rise more and can attract more investors. To assess a project, don't only look at its price, please consider its marketcap as well.

You can not judge that price at $5 is cheap if the marketcap is $100M. That project is big enough.
$CAKE has price about $20 but marketcap is less than $4.6B.

JeffBrad12

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There must be new features to come. CAKE didn't FOMOed by the whales. It needs something big to let the machine to be heated and it will be starting to go to the moon. The train was not going anywhere. It's still stuck but $50 can still be considered as a reasonable price. It has a small gap when cake can break new ATH again. A bunch of BSC users was still actively using and trading on cake. So many users are also locking their cake in the farm to get LP token. The problem is if inflation caused by the reward from farming will be also preventing the price to go up. that's why you must be patient if you wanna see $50 for each cake.
It has a very good prospect. I have been staking in this swap service since last year. This defi token was good for staking and holding. You can hodl it at the same time earn passive income from staking your token. Staking your cake is very proftabile this days.

Coin_trader

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Quote from: Al Qiyamah on October 14, 2021, 10:13:58 AM

Quote from: coinzzzpro on October 13, 2021, 07:24:00 AM

What prospects do you think the CAKE coin has?

Many predict that CAKE can break through $50 or even more. If you plan to buy it now then there is nothing wrong with your decision. CAKE is cryptocurrency from the Pancakeswap project which has good prospects because it is considered a safer and faster network for trading BEP-20 tokens.

It's all time high was 44$ but its only because they are new AMM exchange on BSC network and the competition is not tough compared today. And also some of the locked tokens of team and advisors is already unlocked today which means the supply is many compared before that's why it will be hard for cake to reach that level or even the ATH. Cake is a good investment but I don't expect huge profit above 70% on this token investment.

Much better to stake an LP of Cake-BNB to get a good APY from staking.

kidbounty

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Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

there are still many things that can still be explored by this project. therefore I believe the potential of CAKE is very good in the future. if you think about the price, Cake might reach $100 in the next few years. Let's just say the need for DEX continues to increase and people believe in defi more and more. then Cake will benefit greatly from it. we know pancakeswap is one of the best dex right now. and supported by a friendly and inexpensive blockchain network. This makes it a distinct advantage to keep the distance from competitors. With the many positives this project has, it makes sense to invest in the long term.

Al Qiyamah

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Quote from: coinzzzpro on October 13, 2021, 07:24:00 AM

What prospects do you think the CAKE coin has?

Many predict that CAKE can break through $50 or even more. If you plan to buy it now then there is nothing wrong with your decision. CAKE is cryptocurrency from the Pancakeswap project which has good prospects because it is considered a safer and faster network for trading BEP-20 tokens.

Imam Nuddin

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Quote from: coinzzzpro on October 13, 2021, 07:24:00 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?

based on the increasing use of the CAKE platform and having a positive response from large investors. then to be at the price of $50 I think it will be very possible to achieve in some time before the end of this year

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