What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?
For me its a good idea, i see many Cake users would compound its reward to make its a better APY, 50$ is a reasonal price for the grows of its DeFi Platform, but make sure you take profit some if its on resistance, so you have power to buy more if its going to dip.