Hey Guys
Do u think CAKE value will increase at new year
Do u think CAKE value will increase at new year
Indeed, it will increase in value if we see a large injection of money into the market and there is a great desire for investors to buy more of the cake that is currently listed on the best crypto platforms!!! At the present time, the market is starting to sink. I do not advise you to invest. You can wait for some time. The time factor is very important.
You're right guys right now almost all markets or big markets are experiencing drastic declines, so in order to maintain the safety of our funds, we better wait for the right time to buy these coins again.
What's more now that we are approaching the new year, maybe we will need more money for other things because if we make the decision to invest now it may take a long time to return our capital, especially to wait for the profits, of course it will take a long time until the market returns to improve.
Well, CAKE still is a top swap exchange on ETH so there is a high chance for its price to go up. They really need to add more use case for these types of tokens like the UNI and CAKE.
I once heard that UNI was to be the token for the transaction fees but it's not what is happening yet after years. I'm starting to think they are all waiting for another cycle before they are going to deploy scripts to implement this usecase.