Post
Topic
Board Speculation (Altcoins)
Re: Why pancake performance is so terrible?
by
X-ray
on 31/01/2022, 23:53:42 UTC
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.
The percentage of token issued was more compared with what already burned. If you have invested heavily in this token and that means you have known this before. have you done a research before buying this token at the peak price. Even the inflation rate was not so big but this will be affecting the price for cake in long term. What you can do waiting for another pump to happen with this token.

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.  
Unlimited supply and yes. Bitcoin was adding more pressure to the cake and it's hard to believe if this token totally over valued at this moment. The same performance showed by another swap token as well but it seems like when bitcoin will be recovering soon and the price of this token will increase too.