Re: price of CAKE $50 realistic?

What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

Cake still has great potential when the altcoin season comes, especially Cake is one of the DEX projects which currently has many users,
you could even say Binance 2.0 but the DEX version, yes, I support Cake for $50 and I believe it can happen on Cake because Cake is an altcoin with good development.

I don’t want to compare cake with Binance. Because you know Binance is the number one centralized exchange right now, it’s fundamental is very strong than Cake. Also BNB is launched so many real use cases products where i don’t see in enough development in PancakeSwap. So many swap exchanges tokens in the market so i don’t think it’s a worth invest.

So far Pancakeswap only used for to get Funding and support scam coins/projects, Enough for me to particapate on swap coin with weird coin. Usually on Binance exchange i'm use P2P due to it's fee free and trusted with seller or buyer if compared with pancakeswap high tax buy and sell, especially use gas fee too Cry

PancakeSwap is a DEX anyone can add liquidity even for SCAM coin it cannot be fault for the exchange, also UniSwap is a similar DEX in ETH network, but it’s true that there are many scam/shit coins in PancakeSwap. How you are comparing Binance exchange with PancakeSwap, both of different ecosystem. P2P isn’t like that Swap or convert any coin, we are using P2P for USDT specially.