CAKE

exivor01

Just to heads up, i just sold all my holdings on 11th jun. Because i am waiting a big down trend. But here are the alts i am following; Chaingpt = “i heard rumors of them developing their own chain, consistent price range and nice dapps” Raydium = it’s a nice dex in solana. MINA = it’s dow quite a lot and it has a big investment pool KSM = always jumps to 30-40 usd range APT = i am expecting hype train just like solana. Might never come though. CAKE = dex on bsc, no brainer ICP = idk, i like it XMR = damn i missed the train. Best alt imo. Privacy.. and nice system

coinfeeds-bot

tldr; PancakeSwap is thriving in the DeFi space, dominating with a 66.9% trading share and $149 billion monthly volume, surpassing competitors like Uniswap. Technical advancements, including the Infinity upgrade and improved routing, have bolstered its performance and user confidence. However, its native token, CAKE, struggles, down 93.9% from its all-time high, puzzling investors despite some betting on its long-term potential. PancakeSwap's growth continues, but challenges remain for CAKE's recovery. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

HSuke

I always thought this was because CAKE was specifically designed as a utility and rewards token, not as a Store of Value token. It's given as rewards for using the platform and LPs, and as interest, so people sell them after earning them. So even if PancakeSwap the platform is super popular, its token isn't designed as an SoV.

regulators818

I know CAKE just had a big pump compared to the rest of the market but why has it been lagging? Is it because of TVL is lowering than other DEX?

CipherScarlatti

CAKE by the Ocean.

GreenStretch

CAKE begs to differ. [https://www.youtube.com/watch?v=f9rCUQjmkxU](https://www.youtube.com/watch?v=f9rCUQjmkxU)

KifDawg

Alot of the alts have a ton of dilution. Look at cardabo for example. In Sep 2021 it's ATH was 3.1 cents with a circulating supply of 32.07Billion ADA, with a marketcap of 99 billion Today the circulating 36 billion tokens. To achieve 3.1 you would need a marketcap of 111.6 billion. While it's not a massive increase, some other altcoins have a TON of dilution like CAKE etc, so it's tough

TheFlamingoPower

I like the selection... maybe I would add BNB, LiNK, OCEAN, EGLD, CAKE, SAROS, ACH, INJ... mostly, that's my long-term portfolio.

MarioWilson122

You might aswell continue your luck and pickup some CAKE short for PancakeSwap. This one was a good play last cycle i made good money on that one.

MrHmuriy

The main tokens I keep on my hardware wallet are USDT and USDC. When bitcoin falls by 1%, tokens like $CAKE fall much harder. So I convert stablecoins to tokens on the DEX exchange when the price drops to the bottom and then convert back to stablecoins when they have increased in value. Thus, gradually the value of my portfolio increases without waiting for a strategic increase in the price of any specific tokens (For example, on February 2 I bought $CAKE at $1.3, on February 13 I sold it at $3.01, on March 11 I bought it at $1.5, on March 18 I sold it at $2.65, etc.).

partymsl

1 ETH = 1 CAKE soon

GrapefruitOwn6261

Yeah I know but so what? Last run I did 35x with CAKE but that doesn’t mean I should expect the same again

coinfeeds-bot

tldr; Bitcoin is trading within the $82,000 to $84,000 range, currently at $83,300 with a market cap of $1.65 trillion, as it seeks a breakout. Ethereum (ETH) is priced around $1,900, aiming to surpass $2,000 amid resistance. Altcoins like XRP, SOL, ADA, and DOGE are struggling, while BNB has risen over 5% due to interest in its DeFi ecosystem. BNX and CAKE are top gainers, surging over 30%. The global crypto market cap stands at $2.73 trillion with a 24-hour trading volume of $69.96 billion. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

fan_of_hakiksexydays

What's going on with CAKE? It's really pumping.

Sweaty_Audience4354

Does this mean that we will see $CAKE soon on coinbase?

Khyrian_Storms

Feeble insecure sheep. Let them meet the wolf. And eat CAKE!!!

goldyluckinblokchain

HAPPY CAKE DAY !tip 0.69420

meeleen223

My CAKE and BAKE shitcoins holding up my portfolio like champs

Every_Hunt_160

What's up with the shitty CAKE, up almost 2x in just a day

FiatFree

What's up with CAKE? Up \~100% in the past week!

HoldCtrlW

Could've made 25% if you put it into $CAKE instead

meeleen223

As a not so proud holder of CAKE, im ready

humanfromearth321

CAKE is looking good, pancakeswap is a shitcoin casino on BSC, that means altseason.

humanfromearth321

my CAKE pumps 20% a day for the second day, BNB going back up as well, you guys have been played this week!

humanfromearth321

CAKE is up 10% today, here we go!

humanfromearth321

BTC back to $100k meanwhile my shitcoin CAKE acts like it's dead, market manipulation 😂

humanfromearth321

Damn CAKE reversed all the gains made since November, Trump and dump my arse

Aggravating-Tale1197

CAKE

TrapesTrapes

I also added more DOT to my bag, as well as CAKE and FET.

MusaRilban

ERGO, FIL, DOT, CAKE, SUSHI, COMP, ALGO, ADA. Maybe a little HOSKY for the lols. All charts look 💦. Solid tech, established DeFi, more solid tech and a single meme. Worked very well for me last time around, charts are losing me to believe it will happen again.

Sad_Principle_2531

Gonna be good for CAKE and SUSHI

Complex_Chemical_960

HEY! YOU! HAPPY CAKE DAY

Jaster-Mereel

Uniswap high of $40 last cycle. Same with CAKE. ADA, DOGE, AVAX…so many not even near their all time highs. I know shit about fuck, and I’m guessing many alts never reach their ATH again, but so many big name coins still haven’t taken off. I feel like this alt season is either going to be crap for many coins, or the face-melting gains are still yet to happen. Again, I know nothing. What do you think?

PlatinumRaptor95

CAKE and SUSHI has been doing well for me

humanfromearth321

CAKE

ripbum

Hold my beer: I sold CAKE last week at 1.88.

Gmailbrother

Happy CAKE day

SocietyAccording4283

I am in a similar situation, except I invested the most in LTC, ATOM and used to hype CAKE with their stellar APY. I didn't have much spare cash for the past 3 years to add to it so most of my crypto portfolio is from back then. Fortunately I got rid of CAKE when after a year of staking my value didn't go up at all, however I kept holding on others. Despite bitcoin being about the fifth coin that I invested in (volume-wise), it's now my most valuable asset of my crypto portfolio and I'm currently ALMOST at break even lol. People who started investing recently don't understand how I haven't profited more on crypto. I just wish I waited with investing to crypto for a little longer and didn't start buying most of it in the peak...

humanfromearth321

CAKE is doing fine, they are burning more than printing, when alt season hits it's gonna shine again. HIVE is a web3 coin powers one of the best trading card game Splinterlands, which has its own token on the BSC called SPS, it has a hard cap , gets burned all the time, distribution has been going on for three years and is coming to an end in a year or so.

GrapefruitOwn6261

The price of the token tanked and I didn’t sell so the tokens became worthless. Take CAKE for example I had 20,000 of them which at ath was around 800,000. It’s now 2usd so if I had held till today because the rewards seem good, the same amount would be 40k. Watching that sort of drop is soul destroying. It important to not be too greedy.

advias

Its 2024 now, so getting an entry that's generational on any tokens you mentioned is improbable. Sure CAKE or SUSHI when they first launched, but like I said, generational entries are in tokens that are new and unknown. They still exist, just not ones that millions of people already know exist or have VCs

RatherCynical

What's wrong with a high conviction 10x? Let's suppose you start with $10,000.00 You turn it into $100,000.00 with PEPE or something. The cycle is over, you buy puts on RIOT for another 50%. You're at $150,000.00 You get another cycle with Bitcoin at the bottom. You buy some STX, RENDER, KAS, and so on. You can 3-5x easily. You're at $450,000.00 At bull market mania, swap to something like SUSHI, CAKE, etc. That's at least another 10x. You'd be at $4.5million. And so on. There is no reason to need to chase a 1000x cryptocurrency. Having conviction and knowing your entries and exits matter more. Knowing when Bitcoin collapses matter more. Knowing when Bitcoin bottoms matter more. Chasing a 1000x is more likely to make you go bust. And a thousand times zero is still zero.

RatherCynical

Generational entries on DeFi, DeXs, and a lot of L1s that didn't run yet still exist. DOT, KSM, ONE, MOVR, etc. haven't run much if at all. SUSHI, CAKE, BAKE, JOE, SSWP, etc, all remain extremely cheap.

Severe-Blueberry9780

I’m feeling that way about CAKE. I was so hopeful, but it’s so far underwater that I’m just I’m it for boom or bust at this point.

SkanderbegDeWitte

CAKE.. not sure if its worth to still wait

RatherCynical

KAS has been on a very long boring period. You can make decent money from that. When alt season finally arrives, everything makes good money. CAKE, BAKE, SUSHI, JOE, RAY, SSWP, etc. Every single thing makes good money

GrapefruitOwn6261

Pancake bunny was my favourite. I was farming that using CAKE and getting BUNNY in return. Bunny went from 8 usd to 450 usd when I was in it. The farming returns were 800% too. Amazing times

lankymanx

yah its heart breaking, especially when u are not really from a well off family or single parent no home the whole schpeel, some guys are okay they may have backup, fck anyways. Do you know of any reliable Defi projects like CAKE? I used CAKE and it WAS decent until they dropped the returns then it was just horrible and not worth it.

GrapefruitOwn6261

You can still make it. There is always opportunities. 2021 I did around 35x on CAKE. We just need another bull run

GrapefruitOwn6261

I think it’s probably worth holding some cash to see. Last time I jumped into CAKE at around 3 usd and sold at 35 which was really over a few months or so.l and by this time my alts that I had been trading for a year had already pumped.

DidiEdd

Thanks, but I've tried this before and when I go on there after creating an account, I don't see CAKE as an option anymore for adding funds, and furthermore, it seems to mean that I would have to do multiple conversions. I've also been on pancakeswap before and the minimum conversions are really high if I remember correctly... making it not worth it because it's almost as much as I'm trying to swap in the first place

DaRunningdead

u can also STAKE ur CAKE

Every_Hunt_160

Men's favourite dessert: CAKE

Antonycrypto

$CAKE Rewards are banging

forgotmypassword4714

Nice, some of my favorites made the top tiers (BTC, SOL, LTC and AVAX). What tier would you put these ones in: CAKE, KSM, ATOM, VET?

Joe-M-4

Thanks, Jack Who Smiles, and HAPPY CAKE DAY!

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Dazzling_Marzipan474

I thought OP meant dex coins like UNI, CAKE, QUICK, etc..

Xylber

LTC or SOL And Monero if you need privacy. Not as good option: something in Binance SMart Chain, BNB or CAKE.

TheFlamingoPower

I like DeFi and Oracle, as far as quality is concerned, DYOR first, leave the investment for later, no rush. Look at BTC, INJ, FLM, CAKE, DIA, UNI, LINK... Research what they are doing, when you understand you will understand what I am talking about...

nice-username-69

Buy a CAKE token to celebrate :D

Appropriate_Bid2771

You're welcome, and thank you so much. I stay as optimistic as possible, but it's really out of our hands. Just as you said though, this experience; as stressful as it's been has really brought us all that much closer. Sometimes we forget how fragile things can be. P.s. HAPPY CAKE DAY

Sheeple9001

Staking CAKE sucks, what should I convert them to?

Crafty_Geologist_546

Aerodrome Finance is a decentralized exchange, designed to serve as the Base network central liquidity hub so users can swap tokens easily and not have to use a centralized exchange. Honestly think that it will be able to pull off a CAKE this run… maybe even higher. Was able to get in at .21 cents so even $5 would be amazing.

deez_treez

CAKE

Crafty_Geologist_546

Truly blows my mind how a gem like AERO, which could potentially pop off like CAKE, barely gets mentioned in here. Then again, I’m not surprised.. I must be early for once 😬

Tiny-Dick-Respect

Low risk low reward: like 3-4x ADA DOT LINK Medium : AXS C98 SUSHI BAKE CAKE PERP High : DOGGIE PEPE.... All small caps

Prestospin

Bought it around 40 cents. I think AERO is the CAKE of this bullrun. It's current mcap is close to traderjoe, while it's not listed anywhere but Coinbase.

T-roy94

Falling for a few rug pulls, buying Bitcoin back at 50k and selling, moving my $CAKE to Bitcoin after I staked it and was in a GREAT position before the bull run😒 I need to stop and just STACK.

tinypecker2021

CAKE has pumped a lot, I thought it was dead?🤷

crypto_dood

I bought some CAKE at 2.60 just in case aiming for 5.50 at least. for some reason i believe that usage has zero to do with the price finding in the crypto realm.

crypto_dood

What's with CAKE? Wasn't it the DEX favorite in the recent years? I think it's got another 70% potential, just to keep up with the rest of coins.

Capital-Physics4042

Which other popular projects in the last bull market are not showing any signs of life? I spot 2: LRC and CAKE

GreyTooFast

Move all my CAKE staking to it. Fingers crossed!

lulujaune

Sounds like it could HAPPY CAKE DAY

GreyTooFast

CAKE unlocked so looking for some shilled low-mid cap alts that are listed on pancakeswap. Suggestions?

TheWerewolf5

I have a few coins from the last bull run that I hoped would go up again, but now I can see they are vastly underperforming. Any of these worth keeping? ONE, LRC, ALGO, FTM, FIL, CAKE

Elegant_Bad4995

I painfully waited from 26ish$ to the actual buy of an average of 4.5$ per DOT. I didn't FOMO this time. Staked it until i reached 1k DOT, after that I put the rewards for buying HydraDX. So far the best decision I ever made in a bear market. The idea behind it is what I've learned in the past (since 2017), you have to bet on the narrative and after that invest in the DEX of that narrative. That's why I'm in DOT (I'm betting on the next narrative to be scalability and interoperability aka internet of blockcahin) and HydraDX (biggest exchange on DOT with innovative AMM). More or less what happend to BNB and CAKE if you want to take a reference from last bullrun.

crypto_dood

SOL's bull run is over for now, look at ALGO, CAKE, CHZ, XRP instead.

RatherCynical

I'm not discussing shitcoins. I'm discussing something like SUSHI or CAKE because it's a decentralised exchange. If anyone wants to buy a crypto not listed on a centralised exchange, they're forced to buy it from a decentralised one. These protocols charge fees, usually 0.3%/transaction. These fees are used to buy itself and to distribute its own tokens at a reward to holders. There are a very limited number of highly popular decentralised exchanges that act like a funnel for the space. It's like betting on Visa or Mastercard when you know the Fed has been giving out stimulus. You're taking the bet that people will use an ecosystem more, not a random ass noname project.

Market_O

>Mid risk - CAKE (pancake swap DEX, native token) (praying for a 10x) "Praying". Is the most r/ cc technique out there.

Remote-Annual-676

Omi HAPPY CAKE DAY!

AdamFitri2005

What's the SUSHI or CAKE equivalent for solana

Daily101Cyber

HappY CAKE Day

MollyPooper

lmao just buy alts instead. Why would you go through the trouble of living on the streets just to buy some bitcoin when you could make far more profit with less than $1000 of alts? Just accept the fact you have missed your train on bitcoin. It’s not gonna give you any ridiculous returns like 50x or 100x anymore. That age is over. Just buy some alts like SUSHI, CAKE, 1INCH, CRV, SOL, DOGE, etc. At least that way you stand a chance to gain at least 10x-20x and even 50-100x if you bought the very bottom. I literally only have bought $200 of alts each like $20-30 in value simply because I live in a country where I could barely make $4k a year and all I have is $200 to invest. I stand more chance to gain with alts than bitcoin. Don’t be an NPC and follow your friends lol

Django_McFly

There's no rule that you must sell some of your BTC and get into alts. I wouldn't sell any of it. At most, maybe get some WBTC and borrow against it and buy some stuff if you're really dying to. I hope you got out of that CAKE position early. It's still 90% off the highs.

twopeopleonahorse

I'd just buy all CAKE

Superb_Wolverine8275

Defi Tokens like CAKE are there to pay "yields" out of creating tokens out of nothing. They are designed to drop and go down in value since the start of them. They suck REAL value out of stakers and pay them useless tokens. Thats the game. Invest in Tokens that do have a. Hype and b. good tokenomics. And not 30% inflation or more.

HSuke

This is completely legit. It's because CAKE is now deflationary with token burns per block and ultrasound (like ETH) following Tokenomics v2.5, which greatly reduced their minting per block. * May 2022: 14.25 CAKE/block * May 2023: 4.67 CAKE/block * Sep 2023: 0.71 CAKE/block * Now: Deflationary I remember hating their tokenomics back in 2021 because it was so unsustainable. They did a complete reversal.

HSuke

Cool article. It seems like Cake is already Ultrasound like ETH Recent inflation history for CAKE * May 2022: 14.25 CAKE/block * May 2023: 4.67 CAKE/block * Sep 2023: 0.71 CAKE/block * Now: Deflationary This all happened after [Tokenomics v2.5](https://pancakeswap.finance/voting/proposal/0x707643dd2c2b941c7274f26a0362922198912e8549050ae9f2d1d9d71ada04bb) brought about aggressive reduction in inflation

Mountain-Resort-6103

Buy MOOT/WBNB on CAKE🐵🙈🙉🙊

piggleii

A weeks later, CAKE will probably be lower and you would’ve deleted this post. NFA

pinkohondo

Binance Launchpool, but CAKE's definitely been on the rise, too.

illcrx

I love your approach! Usually its already here, just have to find the theme. So far I think that its going to be decentralized exchanges, I have seen good moves in names like CAKE and LINK, which provide data for dex's. But thats just what I am noticing now. I'm always on the lookout for a theme, great thread!

bibimbap0607

Some people say that gaming and DeFi is going to result in big gains in a few years. It’s not my opinion, just heard it. For gaming coins there are IMX and ILV. For DeFi you can go with AAVE, UNI and CAKE. This is not a full list. Please do your own research.

panduh9228

Translation: GO SELL/SHORT CAKE cuz it's late to the fire

verysillyman

Entire market pulling back, and CAKE is still pumping lol

tika_dengu

RAY taking over from CAKE and UNI

--leockl--

Hey guys, what’s going on with once popular CAKE?

OGVainz

CAKE