Hey Guys
Do u think CAKE value will increase at new year

No one can tell you if this is about to happen or not.
CAKE holders have been surely optimist about it to increase after he increased few times this year, while others will give you just opinions about scenarios in which how the price would surge.
The key point here, or with any other altcoin, is to sell when get benefits compared to the initial budget you set as investment in it.
It may not be new year, but the future of cake is better than most tokens. Why? In my opinion, because pancakeswap platform is being used actively by a lot of traders, there's always a chance that their value will improve. They may even attain again their previous ATH. But targeting the very first day of next year, I don't think you will see a large jump in their price. The price is increasing if you look at the charts, but it doesn't mean you will expect a high rise when new year comes.