You bought at very high price.i entered this coin when it was 2$ and made good profit. I sold at 7$ and then never bought again. If again Decentralization trend start then I believe that Cake token will be boom again above 10$. All crypto market is now in bear trend but hope when bull start Cake token will also recover fast.
Cake will recover slowly and not quickly if the Bullish market can come again this year because in general Cake is a token that already has the trust of investors and also from traders so it is likely to recover during a bullish trend if it can come again this year, considering that the market is still in a bearish trend that is still ongoing and has not yet been completed.
There is still potential for CAKE coins in the future, the price has fallen because the bear market for all coins is experiencing the same thing, including UNI coins, which are currently almost the same as CAKE.
Investors will be stronger and believe in this DEX coin, they will have a very good function going forward if there is more capital then slowly buy it from now on and then target to sell it at a price of $10. This is possible if it happens when the bulls come but we have to prepare at CAKE coins that are already in hand.