price of CAKE $50 realistic? - page 9.

kevindjunaidi

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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?

Of course that's a good idea, because I'm sure the price of CAKE can reach $50 in the future, especially if BSC is getting more popular and more people start using BSC, then of course it will have a good impact on CAKE too, because it will make more people will use CAKE too, so the price of CAKE can increase very high and reach at least $50 easily.

mexite

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I do not know what's wrong with CAKE, even with the launch of pancakeswap NFT marketplace and the run up of BNB, the token has rather remained stable like a stablecoin. The price has stabilized around $19 - $20 range.

I hope it picks up in coming days.

jostorres

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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?

With this much promise for the future, I believe it is very hard to find someone that could be not caring about cake at all or thinking it will fall. I personally believe that there is a good case to be made just out of the community situation. I believe that we are not even at the peak right now of the community support it has. Obviously there will be ton of people who will have some sort of disregard for it, but that doesn't change the fact that there is a huge population behind it. That is a very important thing for a crypto, if you have the public support and everyone talks kindly of you, then you will most likely end up with a great increase in long run.

adamantasaurus

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I really think, cake could realistically hit over $100 at the peak of the bull market. It could easily double/triple the previous ATH buckle up every one the bullrun has still yet to begin but don't forget to take profits before the big crash.

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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?

In my opinion it looks like you have nothing to lose holding Cake, because currently pancakeswap is the most used DEX on the BSC network so it will continue to be big when people make transactions there especially they always burn their token supply

bitgov

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Quote from: Ten98 on October 23, 2021, 02:22:48 AM

Quote from: coinzzzpro on October 23, 2021, 02:15:54 AM

Yes, I too am waiting for when I can buy a coin at a lower price, $15 is the best price for me. Despite the small yield, I continue to keep money in the pool.

For a price of $15 it is very unlikely that you will get it because Cake is a live coin and has been favored by traders in the short term, and also in the long term, because the Cake exchange itself has always run very smoothly in cryptocurrencies.

The correction of the entire cryptocurrency market can be deep, so $15 for CAKE is possible. And I also think it's a very good price to buy, as long as it's not the end of the bull run. If we stay in an uptrend, it is only a matter of time when CAKE reaches $50.

Ten98

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Quote from: coinzzzpro on October 23, 2021, 02:15:54 AM

Yes, I too am waiting for when I can buy a coin at a lower price, $15 is the best price for me. Despite the small yield, I continue to keep money in the pool.

For a price of $15 it is very unlikely that you will get it because Cake is a live coin and has been favored by traders in the short term, and also in the long term, because the Cake exchange itself has always run very smoothly in cryptocurrencies.

coinzzzpro

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Quote from: Wawa2013 on October 23, 2021, 01:25:36 AM

Quote from: OcTradism on October 21, 2021, 02:22:52 AM

Quote from: Wawa2013 on October 20, 2021, 11:52:45 PM

CAKE is indeed one of the potential projects and deserves to be bought, even though I haven't bought CAKE yet. but i will plan to buy it in the near future.

The market is on fire again, and after Bitcoin finishes its bull run, we will see an altcoin season. $CAKE is one of big altcoins and one of biggest in DeFi. If you miss its coming bull run, to $50 or even higher than $50, you will have to wait for the winter season to buy $CAKE.

I don't know what price will $CAKE has in a winter season because it depends on its all time high for this bull run that we don't know at this moment.

Assume $CAKE can achieve $100 as its ATH in this bull run, you can wait $CAKE to drop to $20 to buy it. So price will be as same as what it is exchanged now. Roll Eyes

Like I said, CAKE is a project that is highly recommended to buy, especially when the market is back on fire. We should immediately buy CAKE
which the current price is low enough to buy, if we delay too long, CAKE prices can indeed rise suddenly and we will miss a good time to buy CAKE.
If CAKE manages to rise to the price of $50 or even goes up to the price of $100, it is no longer recommended to buy CAKE, because the price is
too high to buy. The best way is to wait for the CAKE price to drop again, if we really want to buy CAKE. But I just got the money at the beginning of
next month, and I hope the price of CAKE hasn't gone up too high by the beginning of next month, so there is an opportunity for me to buy a CAKE.

Yes, I too am waiting for when I can buy a coin at a lower price, $15 is the best price for me. Despite the small yield, I continue to keep money in the pool.

traderethereum

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When the altcoin season comes again, CAKE will potentially increase to $50 as that project seems good to compete with the other project.
But I think CAKE needs to wait for more without altcoin season, especially in this situation where the bitcoin price was already getting down.
If you consider buying CAKE now, you need to analyze to find the right time to buy because the price of CAKE is up and down so you need to analyze carefully.
If you want to use CAKE for a long-term investment, you do not have to worry about the downtrend because CAKE can increase after that.

Wawa2013

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Quote from: OcTradism on October 21, 2021, 02:22:52 AM

Quote from: Wawa2013 on October 20, 2021, 11:52:45 PM

CAKE is indeed one of the potential projects and deserves to be bought, even though I haven't bought CAKE yet. but i will plan to buy it in the near future.

The market is on fire again, and after Bitcoin finishes its bull run, we will see an altcoin season. $CAKE is one of big altcoins and one of biggest in DeFi. If you miss its coming bull run, to $50 or even higher than $50, you will have to wait for the winter season to buy $CAKE.

I don't know what price will $CAKE has in a winter season because it depends on its all time high for this bull run that we don't know at this moment.

Assume $CAKE can achieve $100 as its ATH in this bull run, you can wait $CAKE to drop to $20 to buy it. So price will be as same as what it is exchanged now. Roll Eyes

Like I said, CAKE is a project that is highly recommended to buy, especially when the market is back on fire. We should immediately buy CAKE
which the current price is low enough to buy, if we delay too long, CAKE prices can indeed rise suddenly and we will miss a good time to buy CAKE.
If CAKE manages to rise to the price of $50 or even goes up to the price of $100, it is no longer recommended to buy CAKE, because the price is
too high to buy. The best way is to wait for the CAKE price to drop again, if we really want to buy CAKE. But I just got the money at the beginning of
next month, and I hope the price of CAKE hasn't gone up too high by the beginning of next month, so there is an opportunity for me to buy a CAKE.

jaberwock

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Quote from: OcTradism on October 21, 2021, 02:22:52 AM

The market is on fire again, and after Bitcoin finishes its bull run, we will see an altcoin season. $CAKE is one of big altcoins and one of biggest in DeFi. If you miss its coming bull run, to $50 or even higher than $50, you will have to wait for the winter season to buy $CAKE.

I don't know what price will $CAKE has in a winter season because it depends on its all time high for this bull run that we don't know at this moment.

Assume $CAKE can achieve $100 as its ATH in this bull run, you can wait $CAKE to drop to $20 to buy it. So price will be as same as what it is exchanged now. Roll Eyes

Bull run is a great thing and it is making many tokens go up right now, however we need to reach to a level where it is a lot higher and we need to reach to a level where not only bitcoin will need to go higher, but it will have to stop so that other smaller coins could have an altseason afterwards so that we could be making that kind of profit.

I am not saying that 50 bucks is not going to happen, it may still happen, but the only thing that we are looking into right now is the fact that we are not doing it a lot right now, we need to basically just wait a lot more and the current bull run so far is not enough to make it 50 bucks, we need something much bigger to reach that level.

domoy77

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Quote from: Evgenklm on October 19, 2021, 02:13:02 PM

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.

In general, Cake does seem to have everything in the crypto space, but believe me that Cake doesn't have nearly the same things as Binance, because Binance is able to rank third in CMC because of their own exchange which is more famous than their coins.

kensaii

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Quote from: Evgenklm on October 19, 2021, 02:13:02 PM

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.

Cake is good for long term, I agree with you that point. But for it to hit $50 is very realistic and doesn't take into account of how the market works.

ZAINmalik75

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Yeah I am pretty sure that PanCake (CAKE) will hit 50$ because when we observe it we got that Cake is one of the high trading Volume Decentralized Exchange on BinanceSmartChain . According to some enthusiast that PankCakeSwap is supported by Binance and we know that if Binance is behind it then 50$ is small target for this it can easily hit 100+$ . so I also buy some cake for future.I think buying cake on 20$ will be golden opportunity for those who want big profit in future.

kaseygriffin

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People have realized that it is not possible to become a billionaire overnight, and they need to protect themselves from scams. Therefore, they buy coins based on the real performance of the assets on the exchange. And it's clear that CAKE has full potential in this space and patient trust always pays off.

OcTradism

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Quote from: Wawa2013 on October 20, 2021, 11:52:45 PM

CAKE is indeed one of the potential projects and deserves to be bought, even though I haven't bought CAKE yet. but i will plan to buy it in the near future.

The market is on fire again, and after Bitcoin finishes its bull run, we will see an altcoin season. $CAKE is one of big altcoins and one of biggest in DeFi. If you miss its coming bull run, to $50 or even higher than $50, you will have to wait for the winter season to buy $CAKE.

I don't know what price will $CAKE has in a winter season because it depends on its all time high for this bull run that we don't know at this moment.

Assume $CAKE can achieve $100 as its ATH in this bull run, you can wait $CAKE to drop to $20 to buy it. So price will be as same as what it is exchanged now. Roll Eyes

Wawa2013

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Quote from: 24Kt on October 19, 2021, 06:43:40 PM

Quote from: ?? on ??

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?

For me its a good idea, i see many Cake users would compound its reward to make its a better APY, 50$ is a reasonal price for the grows of its DeFi Platform, but make sure you take profit some if its on resistance, so you have power to buy more if its going to dip.

The target of $50 for me is quite realistic as it has already reached about $44 during its ATH this year. Though it is in the $20 level right now, the usage of pancakeswap is still increasing, so there's hope that it may reach the 50 range, maybe not this year, but in the years to come. As long as the exchange is actively used by traders. The target price is not a dream price but I can say, it is achievable. Besides, a lot of users are using this exchange and their services like farming pools and now, they have NFT market also.

CAKE is indeed one of the potential projects and deserves to be bought, even though I haven't bought CAKE yet. but i will plan to buy it
in the near future. Because I also want to get profit from CAKE, the performance is also quite good this year. Even 6 months ago managed
to rise to the price of $ 44k, meaning that the target of $50 is very realistic to be achieved. The problem is that it is a little difficult to predict
when CAKE can reach the price of $50, I agree with you, probably not this year. Because this year there are only 2 months left, so it's too short
for CAKE to reach the price of $50. The results of the research and analysis that I did, predict that CAKE will be able to rise to the price of $50
in the middle of 2022. So just be patient for holding CAKE if you already have it, because to make a profit from crypto it takes patience.

Sled

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Quote from: ?? on ??

Yes true, as long the exchange is used and growing (more projects traded), it would increase the value of $Cake itself. Moreover if many projects came, they would buy cake to create /CAKE pair and lock it on liquidity, make the supply of $CAKE decreased on the market.

That's a very logical and obvious reason, as it will also be pretty much the same as BNB as there are more and more users of the Binance exchange which will certainly make them like BNB coin in general, so it's clear that Cake will get better if the Exchange is still operating very well in the crypto space.

And that they supposed to be going better in order to cope up and could compete others. I don't imagine that CAKE will be like BNB due to its different platform and market purposes but then, as if they wanted to survive and reach their goal, they should have to make something that could help for their project to grow. Investors have become certain to what project they give support and that something it caught their attention as this CAKE have gain such a trend.

$50k sounds realistic to me. We only just wait.

coinzzzpro

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Quote from: redsun114 on October 19, 2021, 03:34:23 PM

Quote from: coinzzzpro on October 19, 2021, 06:23:07 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.

Yes I can agree. Thanks, I set a goal, but the income from the deposit is just a bonus, and the goal is to sell. Of course the coin benefits people, and the exchange is so great among competitors.

24Kt

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Quote from: ?? on ??

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?

For me its a good idea, i see many Cake users would compound its reward to make its a better APY, 50$ is a reasonal price for the grows of its DeFi Platform, but make sure you take profit some if its on resistance, so you have power to buy more if its going to dip.

The target of $50 for me is quite realistic as it has already reached about $44 during its ATH this year. Though it is in the $20 level right now, the usage of pancakeswap is still increasing, so there's hope that it may reach the 50 range, maybe not this year, but in the years to come. As long as the exchange is actively used by traders. The target price is not a dream price but I can say, it is achievable. Besides, a lot of users are using this exchange and their services like farming pools and now, they have NFT market also.

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