the total supply of CAKE is only around 213 million and the ATH price is $43, so it's very possible for the price of CAKE to reach $100, so you don't need to hesitate for investing in CAKE and set a target of $100, because I'm sure if the market recovers and increases again, then of course the price of CAKE can increase at least $100 or even more.
Current price is 1.72$, so if it will hit to 100$ that's mean 98x from the current price, it’s pretty difficult to reach 100$ even in the next bull run, you know there are many swap exchanges launching in the market as like pancakeswap. So people’s will go with new project to get high profit in the short term. I don’t think it will hit 100$.
I also agree with you because it's not possible for PancakeSwap to reach $100. PancakeSwap is currently at $3.08 with a long way to go to reach $100. However, on 30/04/2021, the price reached a high of $44.1823, but currently the price has come down a lot. In my view, I would say it is doubtful whether PancakeSwap can recover its price. But let's see if PancakeSwap can recover its price during the bull season.
Thats the ATH but having its price now? who will believe that Pancake will reach 100 dollars any time soon? with 1 digit value now am not sure that even in the next bullrun this will attain 3 digits .
and also swapping nowadays have lost their momentum so there is a small chance this will get up to 10 dollars above again .
PancakeSwap is currently priced at $3.16. But when the bull season starts, it can go up to $10 or even more. I accept your prediction that reaching $10 will be possible for PancakeSwap. But I not believe in reaching $100 because there is still a long way to go to reach $100.
with all of that we both agree, it can easily reach 10 dollars as there are a bull coming and the market will mostly pushes top 50-100 coins to grow higher but yeah that 100 dollars seems to be impossible because pancake and other swapping porjects have lost their popularity years back .
PancakeSwap is popular but I think PancakeSwap price will not reach its previous ATH in next few years. There are a few reasons why PancakeSwap is unlikely to reach $100 First, it would imply a very high market cap, which may not be feasible given the project's current uptake and growth potential. Reaching such a high price would require a significant increase in demand and trading volume, which may be difficult to achieve. Overall, although PancakeSwap has growth potential, I don't think it's likely to reach $100.
not until there is a new update , indeed that we will never be seeing that growth to cake in our time now and even in future.