Looking at how it is already 7.5 dollars, 20 dollars is not really that impossible. The current market is unfortunately not great and that could be a reason why people think that it will not reach that high, but at the same time we have to realize that the price is not doing that badly when the whole market goes up. So that means when the prices of coins go up, then cake will go up with it.

This means we need to reach a whole new level on bitcoin, ethereum, bnb and all the others. Doesn't mean that we can't or we will, it just means that I do not see Cake going to 20 dollars alone, only if things go up a lot then we can see the price go up a lot more.