It seems the Binance Smart Chain era is already done, there is already a lot of alternative for Ethereum now, since before the common is Binance Smart Chain.
Now, there are already a lot, especially Solana Ecosystem, and this new famous sidechain of Ethereum, which is Matic Network.
This could be the reason why BSC coins are starting to dump or if pumping, it is very low percentage.
Topic: Why bake and Cake going low? - page 2. (Read 177 times)
I have a big question that
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
Bake and cake going low because both Dex is base on BSC, and BNB/BSC now half of its all time high. So the bakeswap and pancakeswap gain low fees too. Its happen to uniswap too when ethereum going low.
It just matter of time the price of this coins bounce back to go up and if you see the news Binance NFT marketplace will release in early june, after this marketplace release it will give a huge impact for this both of coins.
Each currency will rise and fall, this is a normal market phenomenon.
because bake and pancake are included in the crypto market, most of which will always follow the movement of bitcoin, don't be confused about what happens this is purely a market reaction that will not always be bullish, there must be times when all altcoins will experience a decline which we usually call the market bear.
Up and down is the part of the market recently we had seen that market had been crashed hugely and with it bake and cake also seen effect in their price both are good project and have their own swap and it will be again in top when market became green so please don't sell your token instead hold it for better result
Cake is pretty good, if you are a big investor with many assets, will you still think the assets you have will only be stable at the top? some people have their strategy of looking for profit when trading and investing. sometimes they throw away to get more. one of the ways to attract new investors to invest in the project is when the price is down.
you can see, the project is doing well as well as their market. price drops are fair to all crypto assets.
you can see, the project is doing well as well as their market. price drops are fair to all crypto assets.
Many altcoin that have strong fundamental product, so that alot of investor buy and stake it, and there are some altcoin which 80% of the circulating supply staked but the price can not avoid by control of price action of Bitcoin. Bullish or bearish sentiment of BTC will effect to whole crypto market.
Don't you compare how much cake and bake was getting locked in the pool and the total supply? I think that there must be lots of calculations to know why it is happening.
Did you see another coin like binance? So many binance token that still getting locked but the price can go down to the bottom as well. it's caused by when the bearish market was coming and people are starting to massively unlocking their token and send it to the exchange site or swap it.
Did you see another coin like binance? So many binance token that still getting locked but the price can go down to the bottom as well. it's caused by when the bearish market was coming and people are starting to massively unlocking their token and send it to the exchange site or swap it.
I have a big question that
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
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