Post
Topic
Board Speculation (Altcoins)
Re: price of CAKE $50 realistic?
by
lepbagong
on 14/12/2021, 04:13:23 UTC
A good future lies with CAKE and the $50 price for CAKE I think is realistic in terms of usage. Pancakeswap is currently the most widely used swap site, although so far many others have appeared with the same function.
there is a lot of swap competition even though binance always uses pakeswap but it doesn't guarantee that all of them will also direct swap there, because there are still many alternatives out there, so there is quite a lot of competition.

but we appreciate that ATH $43.96 - Apr 30, 2021 has been made by Cake and this is very fast because since its presence the increase has continued to move and never went down but after reaching ATH there was a correction, although not purely because of Cake but also because bitcoin was not well and all altcoins are indeed red.

to reach the price of $ 50 of course it could happen but it seems not for this year because everything is undergoing a correction besides there will be a surprise made by bitcoin