CAKE

mensageirodaluz

CAKE

BriBumer

ADA, Optimism (OP), CKB, CAKE

Killertimme

ETH, BTC, ADA, CAKE (got burned on that), UNI, ALGO, DOT, CRO, LTO Way too many. I was a noob. Still am

kirtash93

Here are the some of the best undervalued cryptocurrencies. Chainlink (LINK) Tezos (XTZ) Theta (THETA) Polygon (MATIC) Filecoin (FIL) Hedera (HBAR) Klaytn (KLAY) PancakeSwap (CAKE) Quant (QNT) Algorand (ALGO)

liveaskings

Here are the some of the best undervalued cryptocurrencies. Chainlink (LINK) Tezos (XTZ) Theta (THETA) Polygon (MATIC) Filecoin (FIL) Hedera (HBAR) Klaytn (KLAY) PancakeSwap (CAKE) Quant (QNT) Algorand (ALGO)

jasomniax

The article states: _The following trading pairs were officially removed from the crypto exchange as of Jan. 6, 2023: - APE/GBP - BLZ/ETH - CAKE/GBP - ICX/ETH - SHIB/GBP - ZEN/BNB_ Never reading anything crypto related on Forbes again.

Every_Hunt_160

As a 'Lottery style ticket' for prizes Pancakeswap has this 'scratchcard' lottery where people can buy 'tickets' using CAKE to win a big prize. The CAKE that gets spent is then burnt. Combining gambling with crypto, the degen's absolute favourite!

KryptoSC

True. Those are valid points. Currently, I don't think it has big incentives, but I believe (hope) it's a matter of time, before the Uniswap team looks at Binance's successful model of how they capitalized on BNB and will follow accordingly. Maybe they're waiting to have a bigger base of user??? When/if that happens, the price of UNI will move and I want to be in, early. Also, when I look at other DEXs, I'm not that convinced to grab their coins like, CAKE, SUSHI, MKR, COMP, CRV, etc. Idk, maybe someone here on this sub can make a good business case on why to hop on a particular DEX coin.

Loloooo1

Might buy some CAKE to celebrate

ElegantShelter7947

Top 5 cryptos? Easy take a look at the market cap. I would do it like: - BTC / ETH (2 biggest ones) - DOGE / SHIB (Memecoins - hype) - USDC / BUSD (Stabelcoins) - UNI / CAKE (DEX'S) - some web 3.0 coin

Alfnixpy

DOT +21%, XTZ +15% CAKE +11% Feels great that some of my small bag of alts are finally waking from hibernation

Slayerrrrrrrr

45% ETH and run nodes 45% BTC in cold storage 10% in CAKE staked for 52 weeks

Hasage

The sins of our pasts shall not be hidden. But your past does not dictate your present. Here at r/cc, we do forgive, but we do not forget. Every day is a CAKE day, for you, from this day until your last.

BrowsingCoins

how can I get rid of the "cake" under my username. I understand it's from participating in that subreddit, but I haven't owned or participated in the CAKE community in over a year at this point

R4ndyM4r5h420

Ohhh you too HAPPY CAKE DAY BEAUTIFUL 🎂 🎉 🎶 🚀 🎑 ✨ 😁

R4ndyM4r5h420

Congrats, welcome back to the fold and HAPPY CAKE DAY BEAUTIFUL 🎂 🎉 🎶 🚀 🎑 ✨ 😁

R4ndyM4r5h420

Deep. Cake day deep. HAPPY CAKE DAY BEAUTIFUL 🎂 🎉 🎶 🚀 🎑 ✨ 😁

gsnurr3

If you looking for a high risk vs high reward pla for your portfolio, take a look into Safemoon. It’s my major gamble for the winter. Of course, can’t ever stack enough sats. Some other interest of mine are CRO, CAKE, UNI, and BTC miners. Trying to get a big bag of ALGO sometime too. Definitely buying season. I know I am.

CryptoScamee42069

Me (holding $CAKE): *And I took that personally *

Conchobhar-

He holds CAKE and BAKE etc

Chillychil1

Insane APY is usually just paid out with a very inflationary token. Like CAKE back in the day had an APY of 100% but the token had an inflation even higher than that. Then there are tokens that use the same principle but pay an APY of +1000%. A rugpull is easier to pull off with these tokenomics, but it's not always the case.

OddAd283

NEO, EOS, ADA. They survived the last bear market. They'll survive this. My personal choices are UNI, SUSHI and CAKE. Yes, I really like dexes and I'm VERY pro descentralization

Alfnixpy

CAKE kinda sorta has that. Guess what, it doesn’t help

Schmiegefp

So are you trying to show pointer at OKB to be the next exchange token like we've seen in the past with the likes of BNB, UNI, CAKE, etc or I should just continue to focus with those alts utilizing web 3 technology as seen with the crypto payment gateway service provider.

Alfnixpy

CAKE? Must be some kind of glitch

immibis

Not true. Pancakeswap does not require you to hold CAKE to make trades (as a consequence CAKE is a shitcoin). Uniswap doesn't require you to hold UNI.

GreyTooFast

Binance owns PancakeSwap no? I staked my CAKE for 6 months and it’s locked in :( hope binance doesn’t go tits up

NEO_R1CH

Stake through DeFi with no lock ups. Try out Flamingo.finance, you can stake NEO FLM BTC ETH BNB CAKE ONT SWTH WING GM and others

ArtyHobo

9-18 months HAPPY CAKE DAY BEAUTIFUL 🎂 🎉 🎶 🚀 🎑 ✨ 😁

NorbeeNorbee

The thing i absolutely hate is that every coin practically need its own wallet. I try to focus on BTC and ETH, but i like to dip my feet in AVAX,MATIC,DOT,ADA,CAKE and few more. Having a separate wallet for each is an absolute pain. For example especially when you want to restake. You have to log in the MM, very often you get the "error loading your tokens" so you hav eto wait for it to refresh. Connect to the correct site, everything needs validation so you need a coin to pay fee with. Its so much hassle compared to a few simple clicks on you cex app in you phone. So i fully understand ppl who dont want to bother with all this and just stay on cex. I use binance as an onramp and they have some good locled staking %, which doeant really help to motivate ppl to move the coins. But ofc theres the risk of not having the crypto in your wallet. I personally try to move everything out, except for those extra long lock period deals. They are usually very limited in the amount you can stake, but have crazy apys, like - 100pcs of ADA - 120days stake - 11%apy

economist_kinda

For example, when you interact with a dApp to swap BUSD to CAKE, you give permission to the dApp to get BUSD from your wallet and give you equivalent CAKE. Usually, the instruction we sign is that "I allow this smart contract unlimited access to my BUSD". But when you revoke permission, you remove the access. There are a number of Apps that you can use to revoke permission. The most trusted are DeBank, Beefy Finance, etc

immibis

If you've ever seen binance launchpool, it's like that but with smart contracts. Someone launches a new token and to launch it more fairly they give it out to whoever stakes CAKE.

54sTAtEs

I accidentally invested in $CAKE on Pancake swap when the fucking screen kept loading and moving because I’m too impatient to wait for it to load completely (satellite internet in rural area) so I still got the shit just to see what happens. Fuck it.

immibis

as far as I can tell the purpose of CAKE is specifically: 1) you can vote (non-binding) on pancakeswap proposals 2) you can stake it to get portions of new coins that are launched on pancakeswap 3) you can lose it in silly gambling games to compensate for the fact that it gets created but never deleted Only point (2) is actually worth anything

meeleen223

My parents at my age: Had me, a car, home and nice careers Me: Investing into $CAKE after reading an article on crypto potato

StarScreamer

Invites him in for Sesame cake? It's all an elaborate plan to [say this. ](STOP EATING MY SESAME CAKE https://imgur.com/gallery/wB4x7k6)

RattlesnakeGR

I have more than 1000 XRP,ADA,MATIC,CAKE. Medium amounts of BTC and ETH. But besides owning crypto, I own also a Glock 17.

ComprehensiveCrab50

The thing is people don't buy the token exactly when they'll use it, they can leave it on a wallet. DOT for example requires you to leave 1 DOT in a wallet to keep it active. If 1% of the world uses your coin (80M) people, and each one has $10 in the wallet to cover transactions rather than buying every time, that's already a $800M market cap. Then with people having to buy the coin frequently, you generate demand by market makers on exchanges and LPs on Defi. This becomes especially relevant if DeFi projects are quoted against the L1 currency. For example, even if PancakeSwap out-earned BNB chain, its main LP is with BNB, so if CAKE rises the amount of BNB "locked" there increases. Upon the last point, if the project becomes solid now it can have value as collateral for loans. If I can use stSOL as collateral to get my loans or trade on leverage, it incentivizes me to hold SOL even if I don't think it's going up. At least I know won't have significant monetary inflation like fiat, for example, and maybe I think it has more use or upside potential than the alternatives. Most coins have some sort of utility beyond transactions, such as Parachains for DOT. Also in a long enough time, I'd bet that for many chains the "deflation" from people losing their keys, forgetting wallets with small balances, sending coins to wrong addresses, or dying without telling heirs about their crypto wallets becomes significant. Maybe significant enough to make the chain de facto deflationary. Also, you can have a very overvalued coin that gets in line with the market without needing a "bigger fool". It'd just need a period of stagnation until the "real value" closes the gap on the valuation. Just like countries can have a "lost decade" on indexes after a time of particularly good stock performance despite production increasing. Then, of course, there's speculation, there's betting on the coin. Which are very valid things to do as long as you're not betting more than you can lose. Personally, I don't believe in holding USD because the macroeconomic conditions are not looking great for the US, they have tons of Debt and an easy way out is devaluation. But in the meantime they can raise their interests and drag stock prices down. There are not many good investments out there. So picking something with real usage, upside potential, Defi integration, and controlled monetary inflation doesn't sound bad.

ArtyHobo

Open a ticket. Probably congestion. HAPPY CAKE DAY BEAUTIFUL 🎂 🎉 🎶 🚀 🎑 ✨ 😁

ArtyHobo

Very possible, happens all the time in manufacturing. P.S. HAPPY CAKE DAY BEAUTIFUL \^\_\^

callunquirka

*Buys CAKE But yea, I trust my gut.

DecadedD13

Holy moly! Just checked my Crypto portfolio since May and here's how things are going: \- BTC (-60%) \- ETH (-42%) \- VET (-88%) \- CRO (-87%) \- ONE (-95%) \- CAKE (-73%) \- FET (-25%) \- ADA (-85%) \- RSR (-94%) Overall, down 65%. Outside of BTC & ETH (combined for 70% of my portfolio), I'm considering the remaining 30% as good as dead. Tough lessons, I'm kind of relieved that the amount I have invested is a months pay check.

puckmugger

We can all confirm one thing from all of this... Even with MILLENIALS at the helm.... CENTRALIZATION DOES NOT WORK! 3AC CIRCLE VOYAGER FTX GENESIS BLOCKFI CAKE SUSHI CURVE UNISWAP DYDX Do you see the pattern here? #facts #notyokeysnotyonachos

therealdivs1210

You have your CAKE, but can't eat it. You're just like the rest of us plebs.

z6xgy7u6

Personally I would convert CAKE and BNB to BUSD while on BSC and then send BUSD to Binance and convert it to BTC by placing a market order in the trade interface so I pay only a 0.10% trading fee. Then withdraw BTC to private wallet and pay the 0.0002 BTC fee. I haven't used Binance in a long time so I don't know if those numbers are accurate.

MostlyPseudonymous

For example, avoiding CAKE which is a hyperinflationary non-investment.

KilzzoneXD

Agreed. HAPPY CAKE DAY!

circleuranus

Oh yeah? Which CEX do you plan on shithousing next so you can prop up the vast array of shitcoins on your chain? Maybe go after Crypto.com so you can prop up the value of CAKE and start offering "Rewards Visas" All of these Crypto billionaires are utter dickheads in the end it seems.

MostlyPseudonymous

No, CAKE is highly inflationary and the rewards are an illusion. It's a value death spiral.

Kagevinken

CAKE. Stake it and close my eyes

economist_kinda

I reckon most of these are both on ERC20 as well as BEP20: QNT, APE, SAND, MANA, AAVE, AXS, CAKE.

WhiskeyTangoTrotfox

Oh, well in this case, my dude: let’s shill away. REFI GFI RBN CAKE ALPACA

xangchi

My favourite ERC 20 tokens are ETH, MATIC and OCEAN. ETH is popular for smart contracts and DeFi, MATIC for scaling Ethereum, and OCEAN for data exchange. The only Bep20 tokens I have are BNB and CAKE.

nzubemush

Lol, you don't actually leave things on a DEX. You connect to it and use the exchange, but your coins/tokens always remain with you. This is just the case with everything that is truly decentralized. The only thing that looks like giving up custody is Staking/farming. But it's transparent and on-chain so you can see where the tokens are. For everything I stake on-chain, there is a CEX staking alternative that I duly ignored. ATOM, DOT, NGM, CAKE can all be staked on exchanges like Binance and AscendEx but I dare not try leaving my funds there.

DerWaldbub

I have BNB and CAKE. If CZ makes me money instead of costing me money, he can by my ruthless piece of shit price everyday of the week. I want money and financial freedom, everything else is secondary for me.

bullishonthebit

Did they buy enough CAKE before they got married?

economist_kinda

I thought it would really get into the top 10 or something like that. Now I don't hold any at all. I still like it though. It was my first introduction to crypto. I made some money with ETN, then decided to diversify into BTC, ETH, LINK, CAKE.

MostlyPseudonymous

It's nothing like CAKE. The staking rewards are a net positive after inflation of around 7%, and there's no minimum you need for staking to make sense. However there is a minimum for airdrops which would improve your rewards, which varies but is probably around 50 ATOM. But that's optional (though highly recommended).

WhiteDogBE

Something old (BTC), Something new (DASH), Something borrowed (CAKE), Something blue (LRC) Only big green dildos allowed on wedding night !

The_SilentSoul

CAKE is pancakeswap ig. And idk man, mine has ALGO in it lol

Yolo2005p

Tokenomics is obviously very important most defi projects are notoriously known for high inflation like CAKE

KAX1107

the 0.0001% is CAKE?

marsangelo

Not a big fan of CAKE as part of a retirement portfolio

ArtyHobo

Nope,, sounds like a scam, too good to be true. HAPPY CAKE DAY BEAUTIFUL 🎂 🎉 🎶 🚀 🎑 ✨

HODL-THE-LINE

Coinmarketcap tells me this: ETH: 32.80 % BTC: 28,69 % BNB: 14,26 % BUSD: 5,40 % MATIC: 5,34 % ATOM: 4,94 % SOL: 3,30 % ADA: 2,30 % CAKE: 1,82 % And rest

alixces

Lost faith for none of them, but I'm worried for my ADA and CAKE

nzubemush

I'm doing both. The beautiful thing is that these old alts don't have to go back to ATH for you to make profit. If you DCA into the deep properly and take advantage of the current defi opportunities, you're good to go. Many alts will go 10x from here and not break ATH, but you've made 10x. It will be crazy to think that MATIC, ATOM, OCEAN, ALGO, CAKE to mention just a few, won't do well if a bull market comes. With all the development they've kept at. New boys will probably have their sweetest run as usual, and I'll be looking out for them. Don't care if they're meme-like.

triflingmagoo

Agreed. I suppose I should have said, “understand the difference between staking and lending…” For example, I have some CAKE staked with one of their CAKE auto pools, and outside of figuring out how to stake, approve contracts, etc, I’m not really sure why I’m staking it and what chose me to lock it up for 52 weeks. Probably FOMO. At this point, I’m waiting for it to unlock so I can get tf out of CAKE and put it in Bitcoin and call it a day.

StConvolute

Correct correction HAPPY CAKE DAY!

xdebex

DOT, I don't invest that much and I want higher reward so I am taking the higher risk. I also have some ALGO, FTM, CAKE, KAVA.

CryptoScamee42069

I’m glad to see CAKE made the list. I was huge on it when I first joined crypto but seems to have been a passing craze (sad lol)

nzubemush

Day one Anon holder here, minted two back then, sold both then bought another I've been eyeing. Also minted a few Anon Army and sold all, so I'm left with my one OG Anon. I got NFTs in about 6 other chains but Anon is my most valuable. Good diversification for me. I really like Cosmos ecosystem, it really feels different and refreshing, some of my favorite projects reside there currently: ATOM, SCRT, NGM. I liked Polkadot ecosystem too but it was a bit too complicated for me, still got OCEAN from in there anyway, unarguably one of the most solid projects in the space. No one who gets in-depth into it ever has bad words. I don't know what's happening in Smartchain recently, but CAKE remains a solid pick.

Pandelein

Considering the shitty climate over the last year or so, I feel like CAKE is doing _surprisingly_ well. Sure it’s still ~75-90% down from its ATHs, but so is most stuff. What’s remarkable to me is that it stopped going down months ago, and has even recovered a dollar- all the while keeping interest on Pancakeswap consistently above 60%. I’d have expected either the price or the staking apy to have taken a much bigger hit by now, compared to many other similar projects. Feeling good about that stuff I locked up ~6 months ago.

Missmilster

So many downvotes on the comments. I’m also a CAKE holder, hodling with impressive losses. I’m just gonna keep my cake locked and earning interest and hope next run I can break even, then I’ll never fk with CAKE or high inflation token ever again.

babesugarbunny

Maybe strange for some. But CAKE, CannaCoin and BNB are my three bets I feel confident with.

JoeChip87

USA = a lot of rich people who needn’t care that a load of bread has gone up in price by 30% in a year. We can all just eat CAKE for all they care. They got plenty of fiat.

PathologicalUpvoter

If i recall, CAKE has high inflation due to the staking rewards, basically you’re losing money if you’re not staking your cake

DannyPanic333

Currently a CRO rebate on Spotify which ticks over each month. BNB/CAKE pool which generates cake, which I then funnel into a farm with compounding APY. Save whatever money I can from my fiat farm and rotate between stablecoin and then a strong alternative. That's about it, a layman's guide to crypto.

tstrikers

Majority of my holdings are CAKE, SAITO & ILV. I'm also stacking some BTC, can't forget the OG

djmixturess7h

Number of Binance users is still growing nicely, so I don't doubt it will be used. Regarding CAKE coin... I wouldn't be a buyer. Just cause the main hype is over. I'd look for new prospects with some safe bets.

xyzzs

What are peoples thoughts on the future of CAKE?

HalfGreekPenguin

I swear loads are deflationary and post token burns to get people to buy more of the dwindling supply. CAKE is one that comes to mind

jnc23

CAKE. Got in when it was about 50 cents end of 2020, and sold everything between $40->$20 by August 21. I got into yield farming on BSC super early and the apr on pancakeswap then was like 800%. Between the interest and the price appreciation, I think I probably did 100x on my principal in about eight months. Sold back to bitcoin and fiat and locked in profits before the crash. HOWEVER, I want to point out that I’ve been in crypto since 2017 and this is my ONLY massive altcoin win. I’m usually quite conservative and pretty much only buy btc and eth, plus a few small moonbags. None of my previous alts amounted to much. If you’re new to crypto you probably think it’s just a case of throwing $1000 at the next SHIB or SOL, getting a few 100x wins then retiring… that can happen, but it’s very unlikely. I finally got my rocket, but it took five years and two cycles.

Fragmented_Logik

Where's my CAKE gang at?!