What do you think about CAKE? - page 5.

Renampun

sr. member

Activity: 2338

Merit: 365

Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

$CAKE to $20 in this year, I think it's possible...

a year ago the price of $cake touched ATH ($42) and currently its price is around $8. according to CMC, currently $cake is ranked #44 with daily transaction volume (across all exchanges who listed $cake) reaching $180 million/day. Pancakeswap is a swap platform on the BSC network that is still very popular, with that great belief, the potential for $cake to rise to $20 this year is huge.

aprilnot

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Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

very difficult because the market does not support for this. Even though Cake is good to hold, but 20$ goal this year sounds impossible. it's like expecting a bull market right now, in a very bad situation. but one thing is for sure, cake still has a chance to return to ATH, but not anytime soon.

livingfree

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Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

I don't say that it will but let's look at the chances.

The ATH was $42 and that's just half from what you're thinking if it's going to be reached. We don't know if this year is going to be another bullish run from the market.

But the chance is there and it could reach that price soon, since the ATH was last year so, I'll just return the question. What you think if this year is still going to be another bull run which will make it to $20? For me, I don't think so.

btc78

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Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

i am one of those who had been trapped in CAKE last year when because of my greediness ? i left behind and stays Holding while waiting for the more Pump .
I think there is a big possibilities that Cake will reach that price because it is not even a Half a value of the ATH .
so i will be positive on this one because we are far from the end of 2022.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

Its been a Year when the price of CAKE I mean ATH recorded back and this is really frustrating to find how much the price of CAKE now.

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

from 44 dollars in April last year and now stays a 7 dollars and that seems to be not a Good sign for this year.

But who knows right? if Bitcoin reached 100k then why not Cake may reach that 20$ or more than 44 dollars again.

CryptoATM

member

Activity: 368

Merit: 15

Quote from: Republikcoin.com on May 05, 2022, 04:55:21 AM

Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

Everything is still possible as long as the increase can be very good because Cake needs an increase of up to 150% in order to be at $20 again because last year Cake was at a price of more than $40 so it is still very possible to reach $20 as long as the market can recover gradually before the end of this year.
So there's no need to be afraid or panic as long as you've bought Cake at a low price or at a price below $10 at the moment because as long as the Dex market isn't dead, Cake enthusiasts will still be around.

Yeah and entry point is very important too, Cake might never go back to its all time high in future but imagine buying this coin for 4-5$ each, this will create more confidence on the long run, even at 15$ per cake you are already in a good profit that's why I said entry point of every coins and tokens we buy is very important.

Republikcoin.com

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

Everything is still possible as long as the increase can be very good because Cake needs an increase of up to 150% in order to be at $20 again because last year Cake was at a price of more than $40 so it is still very possible to reach $20 as long as the market can recover gradually before the end of this year.
So there's no need to be afraid or panic as long as you've bought Cake at a low price or at a price below $10 at the moment because as long as the Dex market isn't dead, Cake enthusiasts will still be around.

CryptoATM

member

Activity: 368

Merit: 15

Anything is possible, you should be ready for a long time holding as well because the market can take an unexpected turn soon, this present recovery looks like a fake-out to me but you have nothing to worry about, cake is a good coin for long term holding.

Ararbermas

sr. member

Activity: 2016

Merit: 283

I believe it's possible because this is a good project that has a useful website for all crypto users especially those who own different assets. And infact the services is good as well for how many years now despite of some factors and errors , So i wouldn't be surprised if Cake will improve more in the future along with trusted platform in the space IMO.

markko7

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Do you think it will reach $20 this year?

Topic: What do you think about CAKE? - page 5. (Read 581 times)