What do you think about CAKE? | Bitcointalksearch.org

jostorres

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Quote from: Joshapat on May 22, 2022, 05:55:02 AM

I think Cake has a good opportunity for us to make a long -term investment, pancakes that are now the second largest dex of course have a strong community, I once held and used cakes for staking but because of security issues on myetherwallet made me lose all cakes and until now I don't want to save or stake in dex again.

Mew is the reason why you lost your cakes. You should blame mew, not the dex or their staking feature. The best thing you can do is to move on to another more secure decentralized wallet. We have trustwallet and metamask. These two are also the most popular wallets right now. Mew seems a bit old so it's normal to expect some issues with them.

I also use mew and up until now my coins are still complete. Maybe you have done something which makes you lose your coin? But I find mew to be hassle. I still prefer trust wallet as its more faster and most important is it supports other chains. Cake coin on the other hand is a good coin either for staking or for long term hodling.

Jose Mourinho

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I think CAKE is one of the best coins to invest in the long term because cake has a very good potential, so it provides a great opportunity to make a profit for you, and I think now is the right time to buy and start investing with CAKE because the price is still very low at this time.

Smack That Ace

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Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

$20 Target for Cake I don't think it's too hard if bitcoin bounces back and hits $100k ATH, but if you mention this year I think it won't happen. Looking at the current market, it is very likely that the bear season will last until the end of this year or mid-2023 so given the situation we shouldn't expect too much from any coin. Set a target for the next bull season instead of a short-term goal for this year.

SUPERSAIAN

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I think it was very effective that they limited Cake's supply to 750 million pieces. In the long run, cakes will be valuable. I put the cakes I have in the pool with a term of 52 weeks, now I am waiting for the time to pass. I think limited supply and forward apy rates are good developments for cake. It was supposed to be higher than these prices but it is one of the best dexes that will perform well in the next bullish season.

saladin7000

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Quote from: Joshapat on May 22, 2022, 05:55:02 AM

I think Cake has a good opportunity for us to make a long -term investment, pancakes that are now the second largest dex of course have a strong community, I once held and used cakes for staking but because of security issues on myetherwallet made me lose all cakes and until now I don't want to save or stake in dex again.

yes you are right CAKE is one of the coins that has very good potential to be invested, but I think cake is very good for trading and staking considering the movement is very active up and down it provides a great opportunity to give you profit, but we you have to be observant in doing it, otherwise you will experience big losses later, it's different if you invest CAKE in the long term,

2tang

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Quote from: Joshapat on May 22, 2022, 05:55:02 AM

I think Cake has a good opportunity for us to make a long -term investment, pancakes that are now the second largest dex of course have a strong community, I once held and used cakes for staking but because of security issues on myetherwallet made me lose all cakes and until now I don't want to save or stake in dex again.

Cake is good for staking and also trading on a daily basis without having to keep it for too long because in terms of looking for profit it is not always seen how long you keep it, but how smart you are in taking advantage of the opportunities that exist in the market.

Joshapat

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I think Cake has a good opportunity for us to make a long -term investment, pancakes that are now the second largest dex of course have a strong community, I once held and used cakes for staking but because of security issues on myetherwallet made me lose all cakes and until now I don't want to save or stake in dex again.

doomloop

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Quote from: Reatim on May 18, 2022, 05:29:03 AM

Quote from: lombok on May 13, 2022, 10:15:07 AM

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 at least that staying at 4 dollars is one good sign that Cake is still having its bright future not like NFT now in which experiencing a really bad losses.

That is what you should aim at, the 5-10 year period. If a project could be something great in the next 5-10 year then why not invest into it right now? This is why I believe that we should be buying cake right now since it could make us rich in the future. If it could make us rich then it could be something much better.

This is of course nothing that could be guaranteed, then it could be doing something a bit more dangerous and not move at all or could go down. We need to remember that it could be going down and it is unlimited supply and that would be the thing that I am scared the most, the unlimited supply part. That is the dilemma, will it be good or not?

Reatim

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Quote from: lombok on May 13, 2022, 10:15:07 AM

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 at least that staying at 4 dollars is one good sign that Cake is still having its bright future not like NFT now in which experiencing a really bad losses.

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

In future why not?

maybe in the next 5-10 years?

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Stay careful in investing and invest with money that you are willing to lose.

be aware of good project and not those shitcoins that will surely bring you losing streak .

arifteguhr

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Quote from: spiker777 on May 17, 2022, 01:08:19 PM

Cake token depend on how much users use pancake swap and stake token. Currently Bsc network Usecase is high so I will say Cake token will again recover soon and we may see price above 10$ very soon
In two years we have not seen best Dex on Bsc network better than Pancakswap and hope it will always remain top and Cake token price will also go high.

Pancakeswap usecase is very useful for bsc network swap exchanges, currently new projects using bsc network are more dominant due to low gas costs so it is very likely that cake coins will be given higher support from the crypto community due to the use of pancakeswap exchanges.

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Quote from: MFahad on May 17, 2022, 09:21:18 PM

Love cake but not happy with the locked one. I have got biswap as well biswap is fixed cap tokens so maybe be better. The interest isn't great though. I don't mind locking it for higher returns but it's so bad at the moment and really messed up with the changes all of a sudden. 20$ is not possible in short term.

That is Annoying i think if the funds are locked while we are not tend for this action , but Indeed that Cake is also a good potentially project and we can see more uptrend from this team in the future.

but 20$ seems to be High to expect this soon , maybe there will come like this but in the coming years , not ASAP.

Quote from: spiker777 on May 17, 2022, 01:08:19 PM

Cake token depend on how much users use pancake swap and stake token. Currently Bsc network Usecase is high so I will say Cake token will again recover soon and we may see price above 10$ very soon
In two years we have not seen best Dex on Bsc network better than Pancakswap and hope it will always remain top and Cake token price will also go high.

but the trend of Swapping is still on so there might be? who knows ..

MFahad

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Love cake but not happy with the locked one. I have got biswap as well biswap is fixed cap tokens so maybe be better. The interest isn't great though. I don't mind locking it for higher returns but it's so bad at the moment and really messed up with the changes all of a sudden. 20$ is not possible in short term.

spiker777

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Cake token depend on how much users use pancake swap and stake token. Currently Bsc network Usecase is high so I will say Cake token will again recover soon and we may see price above 10$ very soon
In two years we have not seen best Dex on Bsc network better than Pancakswap and hope it will always remain top and Cake token price will also go high.

whiteblue

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Quote from: Bonenx14 on May 17, 2022, 10:59:33 AM

I also believe the price of cake will increase in the future because it has been a long time since the token has not received big news even though many people have taken advantage of the use of pancakswap exchanges, I believe the cake coin will grow higher like the increase in IDEX that is currently rising.

However, if investors are holding on to it when they will benefit from staking on binance, because cake coin staking is very high APY compared to other altcoins to wait for a bullish moment before reaching ATH, so there is always an option to hold the cake coin in the long term.

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Quote from: Super Protocol on May 17, 2022, 10:07:20 AM

In the future the price of cake will grow to incredible heights, because a lot of big players have invested in cake, so we just need to wait for the next cryptocurrency market pump and then cake will start grow again very fast.

I also believe the price of cake will increase in the future because it has been a long time since the token has not received big news even though many people have taken advantage of the use of pancakswap exchanges, I believe the cake coin will grow higher like the increase in IDEX that is currently rising.

Super Protocol

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Quote from: Chato1977 on May 13, 2022, 06:35:31 AM

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.

Quote from: Cryptoababe on May 10, 2022, 02:48:50 AM

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 .

In the future the price of cake will grow to incredible heights, because a lot of big players have invested in cake, so we just need to wait for the next cryptocurrency market pump and then cake will start grow again very fast.

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Quote from: tygeade on May 09, 2022, 03:01:18 AM

Quote from: southerngentuk on May 07, 2022, 05:10:00 AM

I'm still fairly bullish on some of the altcoins in this market but perhaps what I'm witnessing is a flurry of information and trend navigation that leaves many still unable to envision a future. good or bad future.
But honestly, this is also one of the coins that brought me big profits in 2021, so no matter how it turns out, I am very grateful for it. But 2022 probably no longer has too many good thoughts about this market, and everything needs to be carefully calculated. The goal of $20 is basically not too difficult to happen, but it balances the benefits between risks and profits, I think it's safer for me to sit and observe it.

It did made me a good amount of profit as well, I bought a good chunk of it for under $2 at some point, staked it, made a good return, and sold nearly half of all I owned just to get some other coins and spread my portfolio to a more diversified version.

if we are not sure about the coins we are entering then best to do the same , buy a chunk and stake for some good return ..

and wait for a pump then sell to convert to other currency in which more profitable and secure.

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Most of the coins that I bought with my Cake profits didn't provided the same level of profit at all, and it was a sad situation. In the end, Cake gets 100% trust from me and I will not leave it aside. When you face a coin that looks to be a thing that can go on for 10+ years, that matters a lot, most projects look like they will pump but eventually go down more and more and eventually be gone, whereas Cake looks like it will be here for 10+ years.

it will be here but the problem is would it be as good as it is now? or will be like other shitcoins that now dropping their value and support badly?

this is question that must take place if we wanted to really earn something .

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Quote from: fullhdpixel on May 07, 2022, 08:09:37 AM

Quote from: kotajikikox on May 06, 2022, 05:18:46 AM

Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

Why not?CAKE showed good performance last year and reached a revolutionary ATH , but there is also a negative side now as the market seemingly to have a Bearish trend for the next following months.
or maybe extend to another year , as the Mighty bitcoin will be the main to fall and will followed by altcoins.
if you have cake on your wallet then decide if you will Hold for long term ? or you will sell before the crash again.

I think that was normal because btc have also pumped last year as well as other cryptos. A bear market cant be called as a negative side of the coin but a negative side means if the coin has some issues or disadvantages over the other cryptos. No one is exempted in the bear market and even the best coins will also experience a decline once it occurs but there's no need to worry as good coins will always remain good no matter what is the status of the market.

Of course instead there are many cryptonians i knew that take this dumping as favorable and opportunity more than losing , because if the market climbed they sell, but when dumping ? they buy.

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We don't know if how long this bear will last because we have been in this situation for a long time so many are expecting that is ending soon but for some, they think it will continue since the market seems to love it.

even if this take at least 2 years from now? because Halving will come in 2024 and the effect will be at 2025 and with those times? expect the total recovery and never lose faith .

$anounimus$

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It's hard to predict the future I think CAKE will hit $20 at some point this year and the development team behind CAKE is also enthusiastic about these projects. and that it's worth reckoning with, of course, need process too. I think so far CAKE is in great demand by the public and attracts quite a number of users so it's time to make it feasible for them.

JollyGood

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What are your opinions about the allegations made against you? https://bitcointalksearch.org/topic/alt-possibilities-for-4-high-rank-accounts-5394026

What about the PMs you received asking you for your input to clear your name?

If you can post around to hit your targets to receive your signature campaign fee you should be able to post in the thread that has allegations against you.

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Quote from: ItsCrafty on May 13, 2022, 08:19:01 PM

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.

fullhdpixel

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Quote from: Wildwest on May 13, 2022, 09:19:16 AM

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.

doomloop

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Quote from: Wawa2013 on May 14, 2022, 04:52:15 AM

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.

bocyaj

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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.

$crypto$

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Quote from: Republikcoin.com on May 14, 2022, 07:01:47 AM

Quote from: ItsCrafty on May 13, 2022, 08:19:01 PM

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.

Republikcoin.com

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Quote from: ItsCrafty on May 13, 2022, 08:19:01 PM

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.

Wawa2013

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Quote from: lornadane on May 14, 2022, 02:00:09 AM

Quote from: ItsCrafty on May 13, 2022, 08:19:01 PM

Quote from: mrongoz_imut on May 13, 2022, 07:56:47 PM

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.

lornadane

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Quote from: ItsCrafty on May 13, 2022, 08:19:01 PM

Quote from: mrongoz_imut on May 13, 2022, 07:56:47 PM

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.

Kunnu

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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.

ItsCrafty

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Quote from: mrongoz_imut on May 13, 2022, 07:56:47 PM

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.

mrongoz_imut

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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.

roslinpl

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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.

sana54210

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Quote from: uelque on May 10, 2022, 09:03:02 AM

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.

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Quote from: Wildwest on May 13, 2022, 09:19:16 AM

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.

lombok

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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.

Wildwest

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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.

Chato1977

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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.

Quote from: Cryptoababe on May 10, 2022, 02:48:50 AM

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 .

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Quote from: uelque on May 10, 2022, 09:03:02 AM

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 .

uelque

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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.

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Quote from: markko7 on May 04, 2022, 07:01:30 PM

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.

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Quote from: Cryptoababe on May 10, 2022, 02:48:50 AM

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.

Quote from: andyou1234 on May 09, 2022, 01:28:07 PM

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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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.

crzy

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Quote from: usekevin on May 09, 2022, 03:00:13 PM

The cake price had reached maximum of 44$ and minimum of 5$.So by mean calculation the price of cake must be reached between 24.5$.So with my calculation and prediction.The price of cake will surely reach of 20$+ before this year end.Its better to inverse a good amount of cake at 5$.When the price is increase to 20$.You will get the profit of 300% from the current value.Only the few people will miss this goldern opportunity.

There’s a high possibility for this because of that ATH with CAKE, and right now is a good time to accumulate, though it is not guaranteed that it will rise in just a short period of time but at least you already have CAKEA that can pump again and continue to rise in the coming years, maybe the next bull trend CAKE will join that.

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Quote from: Balmain on May 09, 2022, 11:14:04 AM

Cake never saw its highest price ever again. From there it quickly dropped to twenty dollars, then ten dollars. Now, as the market has turned into a bear, there is a possibility of further decline. In fact, you can buy a piece of cake and put it in a long-term cake apy pool, it's very risky, ignore it.

We can literally say this for bitcoin itself. It was 68k, then dropped under 60k, then dropped under 50k, then dropped under 40k, and now stays under 35k. If we look at things as how they dropped individually then we will imagine them being horrible and it would not make any sense because they would look like they dropped so much that there must be something wrong with them in that case.

However, if you look at them as a market general comparison then you will see that it's not doing that bad, I mean Cake did drop, and dropped a lot for sure, but that doesn't change the fact that the whole market dropped so it shouldn't be of any concern for you.

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The cake price had reached maximum of 44$ and minimum of 5$.So by mean calculation the price of cake must be reached between 24.5$.So with my calculation and prediction.The price of cake will surely reach of 20$+ before this year end.Its better to inverse a good amount of cake at 5$.When the price is increase to 20$.You will get the profit of 300% from the current value.Only the few people will miss this goldern opportunity.

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I think cake is one of the coins that has very good potential, and is very good to invest in the long term, if you want to invest in cake then now is the right time to buy it because at this time the price has dropped very drastically which is around $5 where the price of the cake has reached its ath which is $44 in 2021 yesterday, I am very sure that in the next few years the price of cake will increase as the crypto market improves.

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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.

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Quote from: BuNga_cute on May 09, 2022, 05:25:58 AM

Quote from: tygeade on May 09, 2022, 04:21:08 AM

Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

Looking at how it is already 6.7 dollars, 20 dollars is not really that impossible. The current market is unfortunately not great and that could be a reason why people think that it will not reach that high, but at the same time we have to realize that the price is not doing that badly when the whole market goes up. So that means when the prices of coins go up, then cake will go up with it.

This means we need to reach a whole new level on bitcoin, ethereum, bnb and all the others. Doesn't mean that we can't or we will, it just means that I do not see Cake going to 20 dollars alone, only if things go up a lot then we can see the price go up a lot more.

The price of CAKE today is really down drastically compared to last year which managed to reach the price of $44. As you said CAKE is now at $6,
which means CAKE is down about 84% from ATH. Moreover, this year the market entered a bearish trend, which did not allow the CAKE price to rise
to a price of $20. CAKE is indeed a good project for investment, especially now that the price has dropped very low, so now is a good time to buy CAKE.
But in determining our target we must be realistic, because the target price of $20 is too difficult for CAKE to achieve this year. Moreover, the price of
Bitcoin, which continues to decline in price, has an effect on the majority of altcoins as well. Maybe if the market recovers and Bitcoin price can rise
again above $60k this year, the price CAKE might reach is around $10. I think the price of $10 can be achieved by CAKE this year, that's a pretty
reasonable price that CAKE can achieve this year.

I agree with what you said, Cake never saw its highest price ever again. From there it quickly dropped to twenty dollars, then ten dollars. Now, as the market has turned into a bear, there is a possibility of further decline. In fact, you can buy a piece of cake and put it in a long-term cake apy pool, it's very risky, ignore it.

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Quote from: tygeade on May 09, 2022, 04:21:08 AM

Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

Looking at how it is already 6.7 dollars, 20 dollars is not really that impossible. The current market is unfortunately not great and that could be a reason why people think that it will not reach that high, but at the same time we have to realize that the price is not doing that badly when the whole market goes up. So that means when the prices of coins go up, then cake will go up with it.

This means we need to reach a whole new level on bitcoin, ethereum, bnb and all the others. Doesn't mean that we can't or we will, it just means that I do not see Cake going to 20 dollars alone, only if things go up a lot then we can see the price go up a lot more.

The price of CAKE today is really down drastically compared to last year which managed to reach the price of $44. As you said CAKE is now at $6,
which means CAKE is down about 84% from ATH. Moreover, this year the market entered a bearish trend, which did not allow the CAKE price to rise
to a price of $20. CAKE is indeed a good project for investment, especially now that the price has dropped very low, so now is a good time to buy CAKE.
But in determining our target we must be realistic, because the target price of $20 is too difficult for CAKE to achieve this year. Moreover, the price of
Bitcoin, which continues to decline in price, has an effect on the majority of altcoins as well. Maybe if the market recovers and Bitcoin price can rise
again above $60k this year, the price CAKE might reach is around $10. I think the price of $10 can be achieved by CAKE this year, that's a pretty
reasonable price that CAKE can achieve this year.

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Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

We all hoping to see the market bullish but unfortunately, this year doesn't look good. Like to think that CAKE will push high this year, my answer is IMPOSSIBLE. Prices will just bounce high if Bitcoin will move high as well but for now, it was clear to see the declining sentiment which is expected to continue until the end of this year 2022.

If you were holding Cake tokens right, you'd just keep them and never think about selling. It is never to say it has huge potential but it already established market demand that could give a chance to recover as Bitcoin will bounce back.

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Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

Looking at how it is already 6.7 dollars, 20 dollars is not really that impossible. The current market is unfortunately not great and that could be a reason why people think that it will not reach that high, but at the same time we have to realize that the price is not doing that badly when the whole market goes up. So that means when the prices of coins go up, then cake will go up with it.

This means we need to reach a whole new level on bitcoin, ethereum, bnb and all the others. Doesn't mean that we can't or we will, it just means that I do not see Cake going to 20 dollars alone, only if things go up a lot then we can see the price go up a lot more.

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Quote from: southerngentuk on May 07, 2022, 05:10:00 AM

I'm still fairly bullish on some of the altcoins in this market but perhaps what I'm witnessing is a flurry of information and trend navigation that leaves many still unable to envision a future. good or bad future.
But honestly, this is also one of the coins that brought me big profits in 2021, so no matter how it turns out, I am very grateful for it. But 2022 probably no longer has too many good thoughts about this market, and everything needs to be carefully calculated. The goal of $20 is basically not too difficult to happen, but it balances the benefits between risks and profits, I think it's safer for me to sit and observe it.

It did made me a good amount of profit as well, I bought a good chunk of it for under $2 at some point, staked it, made a good return, and sold nearly half of all I owned just to get some other coins and spread my portfolio to a more diversified version.

Most of the coins that I bought with my Cake profits didn't provided the same level of profit at all, and it was a sad situation. In the end, Cake gets 100% trust from me and I will not leave it aside. When you face a coin that looks to be a thing that can go on for 10+ years, that matters a lot, most projects look like they will pump but eventually go down more and more and eventually be gone, whereas Cake looks like it will be here for 10+ years.

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This is good token for long term. The team keep delivering more and more good development but being too optimistic about the price for cake token was not so good. I just wanna try to remind you that when you must aware with the price of cake right now. It's straight going to the bottom like bitcoin and another cryptocurrency in the market. I will believe if cake will be quite stagnant at this moment to follow what will be doing by bitcoin and another tokens in the market

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Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

It is possible but I don't have high hopes. Btw, I found an interesting site that forcast and give prediction to CAKE price. See it here. I wonder how accurate this Pancakeswap 2022 price prediction.

Quote from: bitkanu on May 08, 2022, 11:33:18 AM

The crypto bearish trend is the main reason why investing in the cake token is worst decision right now.

Is it wiser to invest when CAKE price is surging? then sell when price is crashing?

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Long term may good but short term may bad. The crypto bearish trend is the main reason why investing in the cake token is worst decision right now. 20 dollars will be only achieved in your dream. There's no token that can go up during the bearish market except pump and dump token with weak fundamental. the whales can manipulate this kind of token but not for the major or big tokens that available in the market. The bearish market is destroying the mentality from the traders and newbies.

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Quote from: Rampagoe004 on May 08, 2022, 03:05:40 AM

Looking at the current state of the market, it takes time for CAKE to reach the value of $ 20 and this will definitely happen because cake coins have also reached the highest value and have passed the $20 mark, if later the price of bitcoin has increased again then I believe CAKE will pass the price of $ 20 as you ask at this time, then investing in CAKE is the right choice for now.

Of course, it will take time to reach the $20 price and that is likely to happen in the future. But it all depends on how the state of bitcoin and if bitcoin can move up, then it will affect the movement of bitcoin and CAKE can increase. If you want to invest in CAKE, you have to find the right time to buy CAKE because now could be a good time to try to buy CAKE.

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Quote from: Rampagoe004 on May 08, 2022, 03:05:40 AM

Looking at the current state of the market, it takes time for CAKE to reach the value of $ 20 and this will definitely happen because cake coins have also reached the highest value and have passed the $20 mark, if later the price of bitcoin has increased again then I believe CAKE will pass the price of $ 20 as you ask at this time, then investing in CAKE is the right choice for now.

If it's time to invest in Cake, it's definitely right for now, but it can only be done by people who have great patience because to reach another $20 price on Cake, it looks like it will take a very long time even though Bitcoin can gradually increase again this year. Because altcoins always move slowly when the market recovery occurs.

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Looking at the current state of the market, it takes time for CAKE to reach the value of $ 20 and this will definitely happen because cake coins have also reached the highest value and have passed the $20 mark, if later the price of bitcoin has increased again then I believe CAKE will pass the price of $ 20 as you ask at this time, then investing in CAKE is the right choice for now.

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This doesn't seem to be a good choice at this moment. Bitcoin dump, cake dump. No ATH for cake. No ATH for any crypto at this moment. Touching 20 seems to be another dream that yet to be achieved by cake token. It's too early to think that this can easily go to the 20 at the end of this year.
You must also aware with the condition of market right now. So many people are feeling frustate after they are seeing the market right now. Im not even skeptical about the future of cake token but again if you are seeing the performance of market recently and this will prevent cake to go to the moon and whole of alts just dumped so hard

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Quote from: Andam76 on May 07, 2022, 06:43:54 AM

We all probably know that projects running on Binance Smart Chain (BSC) can grow and develop rapidly because of the advantages of Binance Smart Chain (BSC) which implements low fees and can execute transactions faster than Ethereum (ETH). I personally hope that PancakeSwap (CAKE) can win the market battle and the price can go up to 500 percent in the long term

In the long term, it may still be possible to increase the price for Cake because Cake is a token that has started to live and is liked by many people at this time, including traders and investors who like Cake. So there is nothing impossible for Cake to improve as long as the market can be on a good track.

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Quote from: kotajikikox on May 06, 2022, 05:18:46 AM

Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

Why not?CAKE showed good performance last year and reached a revolutionary ATH , but there is also a negative side now as the market seemingly to have a Bearish trend for the next following months.
or maybe extend to another year , as the Mighty bitcoin will be the main to fall and will followed by altcoins.
if you have cake on your wallet then decide if you will Hold for long term ? or you will sell before the crash again.

I think that was normal because btc have also pumped last year as well as other cryptos. A bear market cant be called as a negative side of the coin but a negative side means if the coin has some issues or disadvantages over the other cryptos. No one is exempted in the bear market and even the best coins will also experience a decline once it occurs but there's no need to worry as good coins will always remain good no matter what is the status of the market.

We don't know if how long this bear will last because we have been in this situation for a long time so many are expecting that is ending soon but for some, they think it will continue since the market seems to love it.

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Quote from: Ararbermas on May 05, 2022, 12:17:31 AM

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.

Cake can't reach higher price again after last time hype was over and ever reach all time high above $40 before dumping right now under $8, I think Cake coin keep stable under this value and not any change will reach higher price. Better not all in your money with Cake coin investing and not recommended with long term investment on cake coin because you can loss much. Have several holder disappointed when buy Cake on higher price and until several months holding price keep going dump and never try reach above $20 although bitcoin have good chance with higher price.

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We all probably know that projects running on Binance Smart Chain (BSC) can grow and develop rapidly because of the advantages of Binance Smart Chain (BSC) which implements low fees and can execute transactions faster than Ethereum (ETH). I personally hope that PancakeSwap (CAKE) can win the market battle and the price can go up to 500 percent in the long term

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I'm still fairly bullish on some of the altcoins in this market but perhaps what I'm witnessing is a flurry of information and trend navigation that leaves many still unable to envision a future. good or bad future.
But honestly, this is also one of the coins that brought me big profits in 2021, so no matter how it turns out, I am very grateful for it. But 2022 probably no longer has too many good thoughts about this market, and everything needs to be carefully calculated. The goal of $20 is basically not too difficult to happen, but it balances the benefits between risks and profits, I think it's safer for me to sit and observe it.

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Quote from: ringgo96 on May 06, 2022, 11:15:32 PM

Everything can happen in the crypto world, so in this case we must be ready and on the project, KUE is one of the platforms that currently has many users and comfort has been seen even though it cannot reach up to 100% but it is very feasible for us to rely on, the more enthusiasts then the achievement of $ 20 is certainly a very easy thing for a platform to achieve, Moreover, in the last year they have reached a value of up to $ 40 then with the current price to reach $ 20 will also be easy to realize.

Everything will not easily happen in the market if all market conditions are not improved, because this is not only about the merits of a platform or the product of a platform, but also about how market conditions are very often influenced by big news for space crypto, so nothing easy can be achieved as long as other better support doesn't exist.

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Everything can happen in the crypto world, so in this case we must be ready and on the project, KUE is one of the platforms that currently has many users and comfort has been seen even though it cannot reach up to 100% but it is very feasible for us to rely on, the more enthusiasts then the achievement of $ 20 is certainly a very easy thing for a platform to achieve, Moreover, in the last year they have reached a value of up to $ 40 then with the current price to reach $ 20 will also be easy to realize.

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Quote from: ItsCrafty on May 06, 2022, 11:08:47 AM

Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

Cake is no matter best token but price depend upon market condition also. If market remain stable then there is chances that Usecase of Decentralized exchanges goes big and we may see increase in price also. If market remain bear than it's very hard to achieve $20 target.

An increase in price will only occur when the market is in good condition and that cannot be denied by everyone because in conditions like now almost all good coins are difficult to get a good price increase.

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It is hard to predict now because the whole market is still experiencing bad movement , and look at the cake performance for the last month

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

that shows how we cannot rely in this coin for now instead we must seek for better angle in which coin we must trust.
Buy Now as the bearish is completely covering the market, or wait for total dump before the climb End this year.

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A bit surprised to see that the pressure tot he cake token was not so big. Can i call cake is the stronger one here? The future looks good. That means cake can still stand on its position even during the bearish market. this is only getting down a little bit. I do know how useful cake for people to get the passive income from the market. I will believe cake will reach 20 when the pump is back again but no one know when. If you expect this to happen this yea and you are totally wrong about this.
We didn't know when the market will be bullish again.

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I don't even think your dream will come true. Cake may go even deeper from this time when bitcoin will continue to dump. Crypto market is not healthy anymore right now and so many people got liquidated. Im feeling skeptical about the future of crypto from this case. We may see another long term bearish trend again soon. you must prepare yourself. Even when this can recover again but the chart doesn't look good right now. You must be careful with any situation. it's better to have some patience waiting for the recovery to happen.

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Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

Cake is no matter best token but price depend upon market condition also. If market remain stable then there is chances that Usecase of Decentralized exchanges goes big and we may see increase in price also. If market remain bear than it's very hard to achieve $20 target.

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Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

Why not?CAKE showed good performance last year and reached a revolutionary ATH , but there is also a negative side now as the market seemingly to have a Bearish trend for the next following months.
or maybe extend to another year , as the Mighty bitcoin will be the main to fall and will followed by altcoins.
if you have cake on your wallet then decide if you will Hold for long term ? or you will sell before the crash again.

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Quote from: aprilnot on May 05, 2022, 07:47:19 AM

Quote from: markko7 on May 04, 2022, 07:01:30 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.

Targets that are always far clear will not be possible for CAKE to achieve in the near future because market conditions do not allow for that even though CAKE is not a bad thing for everyone to choose at a lower price, it just takes more patience to see CAKE at $20 again.

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I do believe that $20 will be achieved I just do not believe that it won't happen anytime soon, it will probably happen in the future though. Which means that if you end up buying cake and staking it, eventually you will end up profiting.

This is why you should start thinking about it right now, in order to profit from it. Doesn't mean that you will get rich today right away, but who could be hurt from getting an investment in the close future, like in 2023 for example? Maybe it won't even be 20 bucks, but more like 5-10 range, and if you stake for a year from now until it reaches that range, you will still double thanks to locking your money.

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Quote from: CryptoATM on May 05, 2022, 05:32:13 AM

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.

Currently the market has started to experience another sudden drop for all coins and tokens, I don't know why this happened suddenly because I didn't have time to read the news which caused this sudden dump of all coins.

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I don't think so. It's something like cake will be quite stable or doing sideway from here. glad to see that even when bitcoin gets a big dump and cake can still sustain its price and it's only going down a little bit. Going 20 is impossible for cake this year but defending its price from the current dump that is happening with bitcoin also becomes the best achievement for cake. This proves how strong cake token is. I do like the price action of cake right now. Become a stable token rather than a very volatile token like another token in the market. it seems people are aware that cake is also very useful. Your prediction will not come true as long as bitcoin is still int he same situation like this,

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Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

That's possible because CAKE has been a great platform and still a good DEX, many are still into new tokens and CAKE is been a platform for them.
It's still worth it to hold some CAKE because this platform can offer a lot more options and when do grow more, you can expect new ATH to be made in the future.
Cryptocurrency is down right now, and if you are going to invest you can consider CAKE as one of your option.

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It possible for it to reach 20$ aswell as its possible to reach 0.1$ nobody knows for sure with these coins.

Johnyz

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Merit: 193

Quote from: markko7 on May 04, 2022, 07:01:30 PM

Do you think it will reach $20 this year?

It’s possible if there’s a bull market, but with the situation that we are into right now maybe its it will not be easy for that price to achieve but don’t worry because CAKE is a great project and that price can be hit at the right time. The ATH with CAKE is around $40 and usually the cycle will happen and that price can be hit again, so if you’re a long term investor buying CAKE right now is a good decision.

maydna

hero member

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I'm just going to say anything can happen. After hitting an ATH high of $43 for some time, CAKE has fallen too deep, and it even looks like it's the deepest for CAKE. If we see the CAKE movement, there will still be a possibility for CAKE to increase again, and it will depend on how well the market moves. If the market is still like this year, I think it will be difficult for CAKE to start increasing unless there is support for the project so that the price can slowly increase. We'll see what happens with CAKE this time of year, and hopefully, the price can really go up again.

X-ray

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Leading Crypto Sports Betting & Casino Platform

I suggest you to take a look at the bitcoin chart and you can think by yourself whether that's possible or not for the cake to reach such value. 20 bucks will never happen once the market condition was in the bearish market like this time. I can't deny the fact that if everything totally pegged with the price of bitcoin right now. Cake was also dumped now due to the bitcoin dump.
So if you are thinking we can go up for this year and it may not happen soon.

Renampun

sr. member

Activity: 2044

Merit: 329

★Bitvest.io★ Play Plinko or Invest!

Quote from: markko7 on May 04, 2022, 07:01:30 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

full member

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Quote from: markko7 on May 04, 2022, 07:01:30 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

hero member

Activity: 2786

Merit: 578

Quote from: markko7 on May 04, 2022, 07:01:30 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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Eloncoin.org - Mars, here we come!

Quote from: markko7 on May 04, 2022, 07:01:30 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, 07:01:30 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, 05:55:21 AM

Quote from: markko7 on May 04, 2022, 07:01:30 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, 07:01:30 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: 1988

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

newbie

Activity: 13

Merit: 0

Do you think it will reach $20 this year?

Topic: What do you think about CAKE? (Read 541 times)