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.
I had lost a great fortune on this project. I could remember when I bought as $18 per Cake and suddenly it falls to $16, I was still patiently waiting for the price to go up until I saw $14, $13, then $12. I knew that something is wrong somewhere even when other projects were doing fine, Cake was just ranging. I sold it in loses. Now I saw $7.9 which shows that many Investors had dumped it. Maybe it might go up soon, who knows
As long as the platform is still doing good in the business, they still have the chance to recover.
There are still a lot of users of this exchange, so I am not losing hope that they will go up again.
For now, most are in losing stage. But if the site itself is active and still attracting users, then, for me, they have the chance to grow.
Among DEXs, pancake is still in top 3 position and they have very good trading volume.
So if you bought it above $10, better hold if you can hold because there's hope on this one in my opinion.