I saw Cake at 0.5 and thought that was overrated, after all, a financial project called "Pancake" with a token called "Cake" couldn't be serious. I followed it for 1 month and when I saw it, it shot to 8 dollars, so I waited for it to fall and bought the 6. It was one of the best moves I made, but still, I ended up missing the timing, because it reached 40 dollars and I ended up selling it at 15, in that insane fall
If you knew the technical aspects of what they are planning to do, then you would not hesitate to invest. Pancakeswap is created as a DEX for BEP 20 tokens while Uniswap is created for ERC 20 tokens and once the transaction fees for ERC 20 tokens started to rise, you should expect more projects to use BEP 20 and thereby it will boost Cake and that is what happened. You should have held on to the coins much longer and i see them easily crossing $50 by the end of this year.