Quote from: xzone on August 29, 2021, 06:47:15 AM

Quote from: Handsome Boy on August 28, 2021, 08:10:06 PM

I agree with you, because CAKE is indeed a very good and useful project, so it is only natural that the price of CAKE can increase very high and reach $100, moreover CAKE is one of the projects from BSC and currently BSC is very popular, so it will make easier for the price of CAKE to increase very high, so I'm very sure that the price of CAKE will definitely reach $100 or more when the next altseason occurs.

Without Cake, the BSC network wouldn't be so popular. Cake is a coin where both new investors and old investors meet. The APY rate is still very good and anyone interested in staking has this coin, which makes it stronger. Most of the staked coins are not reliable, but cake is quite reliable.
But I don't know if it can be $100 this year. The bull may not last that long

The point is not even the most bullish cycle of the market, but the fact that Cake's tokenomics are still inflationary, but the PCS team promised a later transition to deflationary tokenomics. Also, the price of Cake is influenced by the price of BNB and news regarding Binance itself. So I think in the current cycle, $ 100 per Cake is just a dream.