Bitcoin Forum

Now this coin got pumped to the moon after binance announced they will go for NFT on this June, and then, their own NFT platform, BAKE suddenly got pump because people will likely use that to buy and sell NFT on binance.

https://coinmarketcap.com/currencies/bakerytoken/

Currently BAKE is priced $7.63

Price seems too high? Then say it again after you hear this fact:

How about there are only 277million BAKE coin? While other NFT coin has more supply than BAKE has.

What if there will be any discount or advantanges by using BAKE to trade NFT on binance? You can't use other coin, just BAKE.

How does that sound? Still too high for you?

Local rule : i've my own right to remove or deleted any post which i think only contained with shitty analyze or something like that. You have been warned!

Not only these facts, bakeryswap is still having the highest NFT trading volumes compare to other platforms which is also a great fact for its bullish rally. But it's true that Binance NFT platform will be boost up bakeryswap as well as other platforms which are running on BSC. Also, Bakery Gallery is now hyping up the auction of 3D art and new ido is announced which will help bake to hit $10 soon, IMHO.

How in the world do US people even buy BAKE when i see its mainly on binance?

I don't think BAKE price increase mainly caused by NFT announcement. Binance will very likely use its own NFT project. I see it as mere speculation. But in my opinion BAKE already deserved increase as Binance Smart Chain's popularity raised a lot. I mean not only Bake raised, Pancake, 1inch, Venus etc all raised in price in this period.

Visit binance.us, that's binance but special only for those people who live in US.
https://decrypt.co/49838/binance-vs-binance-us-what-to-expect-for-us-users

Currently BAKE is $7.2 now, got dump as i expected. Will buy when it already between $5-$6

For a long time, bake made limited movements between 1-2 dollars. Meanwhile, I made good trades and I made a profit. When I didn't have Bake then it started to rise seriously. Clearly, I didn't expect such a price increase.

I think bake is not something to keep for long

Say that again when all artist have offered their NFT on bakery swap, let see what you will say again

Simplecryptoguide.com (http://Simplecryptoguide.com) has created an introductory guide to BakeryToken (BAKE) here: https://simplecryptoguide.com/how-to-buy-bakerytoken/
The guide will take you through the process of buying, selling, moving, and storing your crypto. In addition to providing an overview of the project itself. 

When the price of the CAKE dump returns to the price of around $ 5-$ 6 then that's where our opportunity to buy and collect CAKE back and I also agree to buy at a price of $ 5 or even down sometimes again.

i hope you didn't buy on that level or even below and you wait instead because it's now currently at $0.56 and showing green, wherein seems the start of bullish again base on its percentage.

For me this is the right time because obviously its very low and the structure is good, so surely people is starting accumulating right now.

If i remember it right , Bake had been very popular couple of years ago and I even tried to purchase this when in its Booming , But got to sell out earlier because of emergency needs and forgot to buy back again when i start re investing.

I'm so glad that there is still a good movement for this coin when i almost forgot about this that brings me Good profit back in the days.

There is only one reason for everyone who dares to buy Cake at a very low price, namely the potential for a much higher return through price increases that will definitely occur when market conditions begin to stabilize and recover as before.
So Cake is actually not wrong to choose, only if the decline is very low, it will take a very long time to see Cake at a high price again.