Post
Topic
Board Speculation (Altcoins)
Re: price of CAKE $50 realistic?
by
wissy
on 20/11/2021, 19:37:00 UTC
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?

Looks like the hype around cake is fading away. The reality is, PancaceSwap got many competitors lately and people are pushing their luck with less valued tokens for now even thou cake also offers great staking option.
I would say it has potential to reach 50 $ but right now i see many other coins who are safer bet to do x10 and are more worth investing in.