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Topic: What do you think about CAKE? - page 2. (Read 541 times)

hero member
Activity: 2786
Merit: 606
May 15, 2022, 12:04:46 PM
#70
Seeing the current market situation of the achievement of 20$ is difficult to happen this year, but in the future if the price of bitcoin increases again and the market situation will return to normal then the achievement of 20$ for KUE is very easy to happen, because we can see the development of KUE in the last year the achievement of the highest price of up to 40$ then to return to the highest value takes a process and will not happen this year.
It doesn't need to be 20 bucks neither for the same profit, how? You could buy it at current price, it could reach to 10 bucks in a year, and you could profit, there are even systems where you lock it for long term and profit so much more. So, if the price reaches to even 5-6 dollars levels, or max 8 dollars, there will be people who make so much money if they are holding it until it reaches there.

So, the question you have to ask yourself is "will it be lower or higher next year", if you think it will stay the same or go even slight bit of higher, that means locking it there would mean a lot more money, staking system profits you a lot as well.
hero member
Activity: 2268
Merit: 581
May 15, 2022, 11:42:25 AM
#69
What happened to LUNA was really terrible, and I hope it doesn't happen to CAKE. I agree that usually CAKE is a project that can recover quickly, but because the current situation is very bad. Where Bitcoin price dropped very drastically to below the price of $30k, it finally affected the performance of CAKE. Because CAKE is currently still at $4, which is down about 90% from the ATH price it was a year ago. So there is still a possibility that the CAKE price will still fall even lower, if it turns out that in the near future the price of  Bitcoin will fall again.
Luna and cake are I think not the same so you guys must not worry about it. Cake has been there for quite some time and it was associated with pancakeswap (the leading exchange for bsc tokens) which makes its reputation high.

I don't think their devs will do something to damage it for some money. Btc and the entire market are still volatile as there are small drops/rise that we feel so I think it would be better to wait for a while before you invest on cake coin. 1 to 2 dollar might still be possible and it was a good value already to start investing. Just don't get tempted or feel regret whenever you see a small up in the price as it can be a trap.
sr. member
Activity: 1313
Merit: 302
May 14, 2022, 03:36:28 PM
#68
Cake had a good potential as like many potential coin in the market.When the market up,the maximum rise in the cake also.When the people had a trust over cake,now the market up to fifty percentage normal.So,we can’t blame the price of cake or any coin.when the dump market was happened.Don’t fear on the coin with good potential in the market.
legendary
Activity: 2352
Merit: 1041
Smart is not enough, there must be skills
May 14, 2022, 09:01:13 AM
#67
You bought at very high price.i entered this coin when it was 2$ and made good profit. I sold at 7$ and then never bought again. If again Decentralization trend start then I believe that Cake token will be boom again above 10$. All crypto market is now in bear trend but hope when bull start Cake token will also recover fast.
Cake will recover slowly and not quickly if the Bullish market can come again this year because in general Cake is a token that already has the trust of investors and also from traders so it is likely to recover during a bullish trend if it can come again this year, considering that the market is still in a bearish trend that is still ongoing and has not yet been completed.
There is still potential for CAKE coins in the future, the price has fallen because the bear market for all coins is experiencing the same thing, including UNI coins, which are currently almost the same as CAKE.
Investors will be stronger and believe in this DEX coin, they will have a very good function going forward if there is more capital then slowly buy it from now on and then target to sell it at a price of $10. This is possible if it happens when the bulls come but we have to prepare at CAKE coins that are already in hand.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
May 14, 2022, 07:01:47 AM
#66
You bought at very high price.i entered this coin when it was 2$ and made good profit. I sold at 7$ and then never bought again. If again Decentralization trend start then I believe that Cake token will be boom again above 10$. All crypto market is now in bear trend but hope when bull start Cake token will also recover fast.
Cake will recover slowly and not quickly if the Bullish market can come again this year because in general Cake is a token that already has the trust of investors and also from traders so it is likely to recover during a bullish trend if it can come again this year, considering that the market is still in a bearish trend that is still ongoing and has not yet been completed.
sr. member
Activity: 1666
Merit: 267
May 14, 2022, 04:52:15 AM
#65
Still loss from cake coin with last price I invested on $20, I don't know Cake not worth coins for investing because I see stable before with higher price and now have to stake for recovery losing although less possibility. Not think can drop lower price with Cake as exchange coin because usually have potential back to higher. Not any option except keep holding cake coin and waiting can recovery to higher price but I not really believing when cake back to higher price.
You bought at very high price.i entered this coin when it was 2$ and made good profit. I sold at 7$ and then never bought again. If again Decentralization trend start then I believe that Cake token will be boom again above 10$. All crypto market is now in bear trend but hope when bull start Cake token will also recover fast.

Even though token cake is recovering its price quickly, for now people are very sad about what happened to the Luna token and hope that the same thing will never happen to token cake.
And today the token cake price is still around $ 4 and to buy I think we will wait again until the price drops around $ 2 like when you bought it before.

What happened to LUNA was really terrible, and I hope it doesn't happen to CAKE. I agree that usually CAKE is a project that can recover quickly,
but because the current situation is very bad. Where Bitcoin price dropped very drastically to below the price of $30k, it finally affected
the performance of CAKE. Because CAKE is currently still at $4, which is down about 90% from the ATH price it was a year ago. So there is still
a possibility that the CAKE price will still fall even lower, if it turns out that in the near future the price of  Bitcoin will fall again. Therefore, it is better
not to rush to buy CAKE, although I admit that the price of CAKE is quite low right now. But we have to be careful in today's highly volatile
market situation, we should monitor the movement of CAKE in one week, so that we can analyze the direction of the CAKE price movement and
can decide at what price we should buy CAKE.
full member
Activity: 529
Merit: 101
May 14, 2022, 02:00:09 AM
#64
Still loss from cake coin with last price I invested on $20, I don't know Cake not worth coins for investing because I see stable before with higher price and now have to stake for recovery losing although less possibility. Not think can drop lower price with Cake as exchange coin because usually have potential back to higher. Not any option except keep holding cake coin and waiting can recovery to higher price but I not really believing when cake back to higher price.
You bought at very high price.i entered this coin when it was 2$ and made good profit. I sold at 7$ and then never bought again. If again Decentralization trend start then I believe that Cake token will be boom again above 10$. All crypto market is now in bear trend but hope when bull start Cake token will also recover fast.

Even though token cake is recovering its price quickly, for now people are very sad about what happened to the Luna token and hope that the same thing will never happen to token cake.
And today the token cake price is still around $ 4 and to buy I think we will wait again until the price drops around $ 2 like when you bought it before.
member
Activity: 1204
Merit: 11
May 14, 2022, 01:53:12 AM
#63
There is no doubt Cake has achieved massive growth in just short time its strong fundamental has played an important role in its progress which is obviously a strong point for this token I think it has capability to reach 20$ price mark again although as we know it's all depends on market conditions nevertheless in my opinion it has chances to grow in bullish market.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
May 13, 2022, 08:19:01 PM
#62
Still loss from cake coin with last price I invested on $20, I don't know Cake not worth coins for investing because I see stable before with higher price and now have to stake for recovery losing although less possibility. Not think can drop lower price with Cake as exchange coin because usually have potential back to higher. Not any option except keep holding cake coin and waiting can recovery to higher price but I not really believing when cake back to higher price.
You bought at very high price.i entered this coin when it was 2$ and made good profit. I sold at 7$ and then never bought again. If again Decentralization trend start then I believe that Cake token will be boom again above 10$. All crypto market is now in bear trend but hope when bull start Cake token will also recover fast.
hero member
Activity: 1232
Merit: 500
May 13, 2022, 07:56:47 PM
#61
Still loss from cake coin with last price I invested on $20, I don't know Cake not worth coins for investing because I see stable before with higher price and now have to stake for recovery losing although less possibility. Not think can drop lower price with Cake as exchange coin because usually have potential back to higher. Not any option except keep holding cake coin and waiting can recovery to higher price but I not really believing when cake back to higher price.
legendary
Activity: 2212
Merit: 1199
May 13, 2022, 06:56:39 PM
#60
Cake was treated as a good coin and the good altcoin. Many new coming coin was traded in the pancake swap. So huge transaction will happen on this. When the cake team had involved in huge marketing, the price of cake will cross the needed one. Mostly people think, the price of the Cake will cross the 20 dollars before this year. Kindly wait for the profit from cake.
legendary
Activity: 3178
Merit: 1128
May 13, 2022, 05:56:33 PM
#59
Cake reaching 20$ this year? If we would look in the current situation of the market, I doubt that it will reach 20$ this year. But still, crypto sometimes is unpredictable so it is still possible. No can really ever tell, whatever coin it is, whether it will reach a certin price or not. It's really hard to make predictions in crypto that's all I can say.

But it doesn't actually matter whether it will reach that 20$ this year or next year what actually matter is that cake is a good project, and a lot of people are still into it, just keep on holding your investment and soon you might see the return in your investment, just be patient.
It is clear from the current look that it will not reach 20 bucks, the market is crashing like crazy and everything is down right now, there is a good chance that it will not reach that level. However, I could at least see it reach to a good level if the market reverses.

I mean think about it, we dropped so low that I can see the market saying "that's enough" and whales and retail investors everyone gets together and starts buying crypto like crazy and there is another hype like 2021 period. Would that be impossible? I do not think that it is impossible, I can see it happening and that happens then maybe 20 bucks could be possible, if not more.
full member
Activity: 757
Merit: 101
May 13, 2022, 10:26:31 AM
#58
Seeing the current market situation of the achievement of 20$ is difficult to happen this year, but in the future if the price of bitcoin increases again and the market situation will return to normal then the achievement of 20$ for KUE is very easy to happen, because we can see the development of KUE in the last year the achievement of the highest price of up to 40$ then to return to the highest value takes a process and will not happen this year.

I agree with you that CAKE has a great opportunity to grow even higher in the future, because CAKE is one of the tokens that has very good potential so far, but because the market is experiencing a prolonged bearish period, the price of cake has fallen very deeply, I very optimistic that if the crypto market recovers, the CAKE price will slowly rise again.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
May 13, 2022, 10:15:07 AM
#57
For this year where Bitcoin is still in a bearish mood it seems unlikely. CAKE staying in the $4 range is a good thing, where later when BTC and crypto are in bullrun mode, CAKE is even able to reach their latest ATH.

But if there is further development that can bring CAKE better and experience mass adoption maybe $20 is a fair price.

Stay careful in investing and invest with money that you are willing to lose.
sr. member
Activity: 1701
Merit: 308
May 13, 2022, 09:19:16 AM
#56
Seeing the current market situation of the achievement of 20$ is difficult to happen this year, but in the future if the price of bitcoin increases again and the market situation will return to normal then the achievement of 20$ for KUE is very easy to happen, because we can see the development of KUE in the last year the achievement of the highest price of up to 40$ then to return to the highest value takes a process and will not happen this year.
member
Activity: 1148
Merit: 58
May 13, 2022, 06:35:31 AM
#55
staying at 4$ now even the market dumped more than 10-40% and this is something very bad for a recovering market this quarter. but of course we will see another dump and pump in the coming days.

Cake can reach any price as every crypto assets are speculative assets like Bitcoin. The price cant be predicted perfectly but with more development on CAKE platform, The coin can reach any price at any time. Moreover, its currently in a correction mode so the next thing should be pump.

it takes time mate ,everything comes to time but not in what we expect instead in mostly we are not paying attention .
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
May 13, 2022, 05:56:46 AM
#54
Cake reaching 20$ this year? If we would look in the current situation of the market, I doubt that it will reach 20$ this year. But still, crypto sometimes is unpredictable so it is still possible. No can really ever tell, whatever coin it is, whether it will reach a certin price or not. It's really hard to make predictions in crypto that's all I can say.
Cake would be in that position if there is a best update from the truth ,  look at the movement now? is there any of the function is in the mood now?

but Indeed that there is no chance for this coin to even reach 10$ lol.

Quote
But it doesn't actually matter whether it will reach that 20$ this year or next year what actually matter is that cake is a good project, and a lot of people are still into it, just keep on holding your investment and soon you might see the return in your investment, just be patient.
what is the sense of good project if it is not supported by majority? you know what we are looking here and that is the growth of every coin we are supporting .
full member
Activity: 812
Merit: 126
May 10, 2022, 09:03:02 AM
#53
Cake reaching 20$ this year? If we would look in the current situation of the market, I doubt that it will reach 20$ this year. But still, crypto sometimes is unpredictable so it is still possible. No can really ever tell, whatever coin it is, whether it will reach a certin price or not. It's really hard to make predictions in crypto that's all I can say.

But it doesn't actually matter whether it will reach that 20$ this year or next year what actually matter is that cake is a good project, and a lot of people are still into it, just keep on holding your investment and soon you might see the return in your investment, just be patient.
full member
Activity: 2002
Merit: 175
★Bitvest.io★ Play Plinko or Invest!
May 10, 2022, 05:17:35 AM
#52
Do you think it will reach $20 this year?
I don't think it will reach 20$ this year but in the next 3-4 years? sure this will because CAKE is one of the most competitive Project that exist now and may get top 10 position in those years .
so If you are willing to take this into another level? then best to keep your cake on hold for this year and the coming 3 years from now.
but if you are not sure of having this for long term then best to sell now as the market will continue dropping till 3rd quarter.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
May 10, 2022, 04:32:57 AM
#51
Cake can reach any price as every crypto assets are speculative assets like Bitcoin. The price cant be predicted perfectly but with more development on CAKE platform, The coin can reach any price at any time. Moreover, its currently in a correction mode so the next thing should be pump.
can reach price at any time? I'm afraid it will be coming there as that mate ..  because though CAKE is a good project but lets look at the support and  this shows there are no speed coming for this project.
I think CAKE is one of the coins that has a very prominent privacy in crypto, where the price of cake once reached its highest price last year, which was $44, but because the crypto market experienced a prolonged bearish period CAKE also experienced a very in of $5.86 but I am very optimistic if the crypto market recovers and enters the bullrun season, the CAKE price will increase again.
I Know that this is one of the best but of course there are something that we should look for waiting and not too fast .
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