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Topic: price of CAKE $50 realistic? - page 13. (Read 1743 times)

full member
Activity: 1050
Merit: 108
October 13, 2021, 10:53:47 AM
#3
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?
That's a very good idea because now it's still very logical to own it and sell at a slightly higher price than the ATH that CAKE once achieved, because in general CAKE at this point is very good and good to have.
hero member
Activity: 1722
Merit: 801
October 13, 2021, 10:49:41 AM
#2
CAKE has a good future because Binance are the exchange behind PancakeSwap. Many coins and tokens in DeFi ecosystem have prices above $100. Pancakeswap is a big DEX so price of $CAKE will rise.

Since the launch of PancakeSwap, and its operations so far, it does not have big technical problem. Therefore in my opinion, its quality and security are good enough, high quality in other words.

More than $1.17B in trading volume 24h.
member
Activity: 644
Merit: 10
October 13, 2021, 08:24:00 AM
#1
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?
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