Your idea about Cake token | Bitcointalksearch.org

meanwords

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Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

Cake didn't recover as much as Bitcoin recovered in percentage so I'm pretty negative about cake pumping. Although, I'd prefer it staying at a stable price because of it's profitable staking system. Even if cake don't pump, the staking reward is still attractive to many.

cabron

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Quote from: Ulven on December 19, 2021, 03:17:31 PM

Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

Indeed, it will increase in value if we see a large injection of money into the market and there is a great desire for investors to buy more of the cake that is currently listed on the best crypto platforms!!! At the present time, the market is starting to sink. I do not advise you to invest. You can wait for some time. The time factor is very important. Cool

You're right guys right now almost all markets or big markets are experiencing drastic declines, so in order to maintain the safety of our funds, we better wait for the right time to buy these coins again.
What's more now that we are approaching the new year, maybe we will need more money for other things because if we make the decision to invest now it may take a long time to return our capital, especially to wait for the profits, of course it will take a long time until the market returns to improve.

Well, CAKE still is a top swap exchange on ETH so there is a high chance for its price to go up. They really need to add more use case for these types of tokens like the UNI and CAKE.

I once heard that UNI was to be the token for the transaction fees but it's not what is happening yet after years. I'm starting to think they are all waiting for another cycle before they are going to deploy scripts to implement this usecase.

josephdd1

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Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

I know that Cake is a token of a reliable defi-project, so it will surely survive in the long-term, so I continue holding it. Its price is influenced by Bitcoin's price, so when there will be a new bull run, cake will also definitely grow. I invest in differen pool on Pancake swap and I get good APYs for that nevertheless, there are corrections of almost all altcoins now.

Coin_trader

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Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

Yes! Pancakeswap is the biggest exchange on Binance Smart Chain. Its value is highly dependent to its profit due to its deflationary token supply. They have a lot of new feature like trading competition, prediction, lottery and NFT marketplace which is very famous and lots of income generated in there for token burning. It will take time to see the effect but they will be successful in the long run just like Binance Exchange.

izsara

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I think they will remain the same and nothing will change significantly, even though they are indeed on one of the well-known exchanges in BSC but that doesn't mean they will rise significantly.
as long as their project is mediocre, it will be very difficult to make a significant spike in these coins.
although it will definitely go up but it won't be too high I think

shinratensei_

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Quote from: SUPERSAIAN on December 19, 2021, 03:05:02 PM

Quote from: shinratensei_ on December 19, 2021, 02:21:33 PM

Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

I don't even think if it will increase in a new year and this totally depends on bitcoin. Bitcoin is still looking for sideway and i think cake will be following the bitcoin pattern. I have been staying away from buying altcoins at this moment as per the bitcoin trend is still unpredictable. It may increase or go even deeper than this time. The value of cake may increase but when bitcoin goes deeper and it will be dumped even deeper as well.You must be careful with this.

I totally agree bitcoin needs to set direction first. Altcoins are being crushed right now, I don't expect it to rise in this scenario. If we examine Cake basically. Investors seem satisfied with the latest IFO change. I can say that the annual apy is still attractive. If bitcoin re-enters its uptrend, CAKE could react quickly. And investors want to trade with Cake in the NFT market. They have to vote for this, it will be an event that will trigger the rise.

Yeah, basically all of the altcoins are only following bitcoin. Even good news will not give any impact on the price of altcoins when the price of bitcoin gets dumped. So many times market has proven this if the bitcoin effect was even stronger compared with the fundamental impact from the good news that comes to the market. The only problem is bitcoin trend.
I have a token in my portfolios with very good fundamentals but it can't resist from the bitcoin dump although it has good news released on its twitter. Even the listing news would become useless as people are getting scared to put their money into the altcoins. They are waiting for bitcoin to be stabilize.

poodle63

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Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

None knows about this, The price of cake can be affected by various things started from bitcoin, news, rumour and many more. There's no guarantee if the price will increase at a new year that will come soon.
The price of cake can increase anytime but im not even seeing any good reason to pump cake token. This token is still undervalued but it's lack of good news. So many believers of cake is also feeling confuse about that.
Just because we will face a new year and it doesn't mean if that will be pushing the price of cake. You must see the news that came for cake and maybe there was another good reason why the price of cake needs to increase at a new year that will come very soon from now. If you're not able to see that and then cake will noe increase at that time.

CaVO32

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Quote from: Kavelj22 on December 19, 2021, 05:55:40 PM

Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

No one can tell you if this is about to happen or not.

CAKE holders have been surely optimist about it to increase after he increased few times this year, while others will give you just opinions about scenarios in which how the price would surge.

The key point here, or with any other altcoin, is to sell when get benefits compared to the initial budget you set as investment in it.

It may not be new year, but the future of cake is better than most tokens. Why? In my opinion, because pancakeswap platform is being used actively by a lot of traders, there's always a chance that their value will improve. They may even attain again their previous ATH. But targeting the very first day of next year, I don't think you will see a large jump in their price. The price is increasing if you look at the charts, but it doesn't mean you will expect a high rise when new year comes.

Yogee

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Do you really mean Jan. 1 2022? What's so important on that date that could trigger a price increase? Change the question if you mean the whole of next year.

It's all speculation and waiting game at this point.

Kavelj22

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Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

No one can tell you if this is about to happen or not.

CAKE holders have been surely optimist about it to increase after he increased few times this year, while others will give you just opinions about scenarios in which how the price would surge.

The key point here, or with any other altcoin, is to sell when get benefits compared to the initial budget you set as investment in it.

Bollexz1

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I can't give to you the specific time it'd surge in price but I'm most likely sure it certainly will increase in value in this new year to come. So bagging some now will certain give some profits if you can wait through the valleys.

crzy

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Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

It will increase in value but not on the exact date of new year, it will take more time as the whole market is still down and of course it will still depend on CAKE updates if its worth to pump or not. CAKE is a great platform for BSC network, I still see this as a good project so there’s a high chance for a good value in the future.

Ulven

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Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

Indeed, it will increase in value if we see a large injection of money into the market and there is a great desire for investors to buy more of the cake that is currently listed on the best crypto platforms!!! At the present time, the market is starting to sink. I do not advise you to invest. You can wait for some time. The time factor is very important. Cool

SUPERSAIAN

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Quote from: shinratensei_ on December 19, 2021, 02:21:33 PM

Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

I don't even think if it will increase in a new year and this totally depends on bitcoin. Bitcoin is still looking for sideway and i think cake will be following the bitcoin pattern. I have been staying away from buying altcoins at this moment as per the bitcoin trend is still unpredictable. It may increase or go even deeper than this time. The value of cake may increase but when bitcoin goes deeper and it will be dumped even deeper as well.You must be careful with this.

I totally agree bitcoin needs to set direction first. Altcoins are being crushed right now, I don't expect it to rise in this scenario. If we examine Cake basically. Investors seem satisfied with the latest IFO change. I can say that the annual apy is still attractive. If bitcoin re-enters its uptrend, CAKE could react quickly. And investors want to trade with Cake in the NFT market. They have to vote for this, it will be an event that will trigger the rise.

shinratensei_

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Quote from: flyx on December 19, 2021, 03:52:56 AM

Hey Guys
Do u think CAKE value will increase at new year Huh

I don't even think if it will increase in a new year and this totally depends on bitcoin. Bitcoin is still looking for sideway and i think cake will be following the bitcoin pattern. I have been staying away from buying altcoins at this moment as per the bitcoin trend is still unpredictable. It may increase or go even deeper than this time. The value of cake may increase but when bitcoin goes deeper and it will be dumped even deeper as well.You must be careful with this.

flyx

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Hey Guys
Do u think CAKE value will increase at new year Huh

Topic: Your idea about Cake token (Read 116 times)