Bitcoin Forum

Almost all the altcoins are recovering these days but Pancake Bunny Token is in a deep dip. From the high around $442, it is now sitting at $12. Can anyone explain why it is dipping so hard? Investors of this project are at a huge loss right now. Will it recover in the future or it's a Game over for this token?

If the decline is that big, then the direction is more to game over at the end of this year because everyone is also taking advantage of more favorable market conditions than having to lose with coins that are not that old.

Not all altcoins recover yet. Their prices go up one by one, so it will definitely be time for the Pancake Bunny Token shortly. I am not sure if the price will recover completely, because it is a very big drop, but investors will have a chance to regain at least a part of their investment for sure. However, of course, I wish everyone to get back the whole money and even earn on it.

I think this is what happens to the pancake bunny.

https://investorplace.com/2021/05/pancake-bunny-bunny-crypto-what-to-know-about-bunny-right-now/amp/

It's sad to see that greedy people are taking advantage to almost everything if we talk about money/profit.
They never care who are their victims as long as they get the money then that's it leave everything behind but I doubt they won't be ever coming back. I'm sure they were still present in the crypto market planning to make an exploit or taking advantage to more investors then disappear again. :-\

Lot of people lose their faith with pancake bunny. When it first got flash loan attack, BUNNY fallen to $30 from $400. Then it got second flash loan attack with their beta system on Polygon chain, which made Polybunny fallen to $2 from $20.
Now people already don't trust pancake bunny and prefer to dump this coin instead HODL it

In fact no one can say for sure how much this token will go up in the future because it has gone down so much that the chances of it going up are very low. This is why investors are afraid to invest I think you can choose Ethereum or BNB from Pancake for investment these are very good and trustworthy to every investor.

This is what happens if we support and investing in shit projects with shit team lol not because it is connected in Pancake House meaning this will have a good future also look at it now, isn't it nearing a dead coin ? accept that reality that you are already lose this one and move on. find other coins that will bring you fortune and next time once the project reached the top best not to be greedy expecting more, surely that you aim for 1000$ value? now see what happened lol.

the hard fall was made around month of may in my view base on the chart through coinmarketcap if you will check pancake bunny token.  As of now its green mate wherein probably now is the right time for them to make improvement as its showing good percentage along with ethereum and other alts.. If it will break out for sure there's a huge jump again. But for now i suggest that must wait for more results.. Because i have doubts it's showing potential only because of the situation of ethereum at this moment in the market.. Make TA instead mate if you want to obtain more information.

it's a good time to accumulate bunny token bro coz it's already at the dip, btw what do you mean it's dipping right now? Coz i don't see any changes after the massive decline and what i see is it's making progress atm. Maybe you're basing the history.. No bro you should focus what is the current situation.. Its now at the veey dip so expect it will keep climbing this time if it didn't show a false break out after all.. Imagine the percentage is almost the same with ethereum.. So you better buy while it's not late.

The difference between the ATH and current price is very huge and I can only feel for those who bought at the top, although a lot of other projects are in such conditions, but while some will recover fast based on what the team are working on, others will find it hard. Also, before knowing if a project will  recover after falling from such price, it is better to know if there is any kind of problem the team are facing, any exploits and so on, this will help the investors know if the project will still survive or not. Lastly, the market has a role to play as well, the more it gets better with the market, the more some of these projects will start picking up, but even at that the team ought to be working as hard as possible to retain their values and investors.

whether it can recover or not is a difficult question to answer, mainly because nobody knows for sure and it's just pure speculation at this point. some will say they'll recover, some won't. just like what happen with company in a risky scenario. this is the time to make your bet. if you believe they can recover because the team is great, then buy some, if not then don't.

that being said, a flash attack shows that their platform is not secure enough, so it might be hard to gain the community trust. only time will tell.

Even though it dipped a lot, it doesn't make Pancake Bunny a good project... You should much better focus on other, more reliable projects than this one. I would not invest in Bunny, neither I would want to hold any coin on there (too much risk).

Just because the price falls hard meaning this is a good investment because there are no even good views for this project aside from the popularity of the name BUNNY .
but all in all this has no good roadmap to expect or look at.

your best interest is to withdraw now and try finding any other cake connected project than this one.
you deserve to profit in Cakes mate and not in this bunny project.

Those people that have sold when it's on $400+ are the luckiest people. They know that such coin is just literally a pump and dump token. There's still somehow a volume out of it but I don't think it will recover with the looks that it has on its chart.

This coin is going to die soon  ;D and Op cannot do anything but to cry because of his desperation holding still the coin even that this is an obvious Pumping and dumping currency that played by whales.
not he has nothing to expect but to ask here finding some good response but it seems that there are none ..
checking the position of this coin ? sad that there are no even good opportunity for this to grow any time soon .
though i want to discourage you to stop patronizing this coin and acept that  you failed here.

I don't know why they torture a dead horse in the hope that the project will survive? Are there projects that have recovered after the hack, but I think there are no such projects.

that is the effect of flash loan attack. approximately 200 million worth (bunny and bnb tokens) lost pancake bunny team. last few months some massive hacking attacks in defi projects (binance smart chain) just yesterday in polygon have been attacked over 600 million.

sad to remember that who's investors buy at high price. clash 400$+ to 12$ i do not think recover the big gaps in future.

There are some like ETC which suffer 51% hack but manage to recover. I believe this is only possible because they are already established but for startup project like this pancake bunny and poly network, Recovering after this huge loss is almost impossible, the team already loss funds for development and no VC will gonna lend again for this project for the second time considering the risk of losing again.

If you were able to book the profit when the price was at its peak then you could have made a good profit. I am not sure which project is that and whether it will rally again to its all time high valuation from $12. If you are following the project you would know why the project went down drastically from its peak and i am sure the developers made a fortune. If the project is not having any fundamentals never hold for a long time, get out when you can and look for another one.

That's the reality for such coins, there's nothing to expect for good feed back if mostly didn't invest on it. But he has to be open for those words since he's asked that.
Knowing that he owns the coin and mostly aren't into it and we can classify with the coins that we buy, only the good coins we buy. Well, it's on him how long he's going to expect good returns on this coin.

It seems to me that these are different, there is a big difference between the attack and the theft of all funds, plus the project has significant influence and smart people.

Based on data from www.coingecko.com, today's Pancake Bunny price is US$11.43 with a 24-hour trading volume of US$4,628,139. BUNNY prices are up 12.8% in the last 24 hours. There is a supply of 510K coins in circulation and a maximum supply of 10.8 Million coins. PancakeSwap (v2) is currently the most actively traded market. so, I think there will be movement that recovers, will not go down.

honestly I would be very far from this project, when a project increases a lot in price and investors are very optimistic and then there is a hacker attack and the project goes down a lot the way this project fell in price, investors do not put money back into that project and the project is on a "black list" for many people who have lost money and with that the project does not have a high price again


increased only because the price of bitcoin has increased a lot and there is no guarantee that it will rise a lot

Pancake bunny can actually running away when the flash loan attack happened and also the second attack on polygon chain. But they prefered to stay and even gave compensation to those who affected during the attack. They keep find a way to keep market stable, and i think that's enough to call them trustworthy. There are lot of projects on there, but only few which will keep operating instead run away.

Even then, if it can be achieved in 5 years, if not? then it is certain that the coin will die because no one is interested in buying it in the future, because considering the very painful thing, namely the free fall from the ATH price to the price of $ 11, the pain is bloodless.