Post
Topic
Board Speculation (Altcoins)
Re: Why pancake performance is so terrible?
by
CryptoYar
on 30/01/2022, 16:29:18 UTC
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  

Almost all Defi tokens are doing shit. And cake is also a defi token. Just look at sushi it is also down -79.6% from it's all-time high.
The price of DeFi tokens increases when centralized exchanges have regulatory issues. This is what I have observed yet. So just hodl your tokens don't panic sell