I admittedly bought most of the tokens at $14.62. I could have waited until $12, but I couldn't believe it would drop to $12.
Yes, I agree, and I am disappointed. Cake is falling so hard. Early this year, it was 44$, but now it has dropped to 20$, where it has been for awhile, and now to 12$. It's pancakeswap's native token, so I figured it'd be a good buy now. The price is so low. Several blockchains are competing with each other, so all of the big whale funds have moved on. It is unlikely that cake will return any time soon.
I'm afraid that the price will not fall to $7. This price has already been and may be again. The market has been falling for a day in a row, everything is falling and so is CAKE.