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What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

CAKE has a good future because Binance are the exchange behind PancakeSwap. Many coins and tokens in DeFi ecosystem have prices above $100. Pancakeswap is a big DEX so price of $CAKE will rise.

Since the launch of PancakeSwap, and its operations so far, it does not have big technical problem. Therefore in my opinion, its quality and security are good enough, high quality in other words.

More than $1.17B (https://www.coingecko.com/en/exchanges/pancakeswap) in trading volume 24h.

That's a very good idea because now it's still very logical to own it and sell at a slightly higher price than the ATH that CAKE once achieved, because in general CAKE at this point is very good and good to have.

PancakeSwap is a good low fee exchange that many DeFi projects used so they will have a demand for them tokens.
Unfortunately, there are many other competing platforms, and the central platforms are better and there are many ways to trade currencies, and therefore the price of 40 dollars is considered an exaggeration and is not impossible when there is sufficient liquidity.
Perhaps if Bitcoin breaks the $100,000 barrier, that value will be higher than $50.

It is important to remember that the cryptocurrency market remains highly volatile, making it difficult to accurately predict what currency prices will be in a few hours, let alone provide accurate long-term forecasts. As a result, analysts and online forecasting sites can make their predictions wrong.
Advice for you to always do your own research and take into account the latest trends, news, technical and fundamental analysis and expert opinion before making any investment. And never invest more than you lose.

It's 50% down from ATH but we're still at that phase where BTC can surge to six digits so altcoins like CAKE could also go parabolic for the nth time. Pancake is currently the most used AMM and yield farming on BSC so demand remains high. The most important factor here is the movement of BTC.

I think that it is quite realistic considering the current big run in the market. The ATH level of CAKE is $44 which happened five months ago. Now the price is $20. I see this as a good opportunity to buy considering that. But always keep in mind one thing also that none of the cryptocurrencies in the market can guarantee you any profit. So, it is your choice in the end.

Apart from ATH which once touched $40, the Cake team has strong fundamentals by regularly burning Cake. Although burning has no effect at the moment, the lower the supply and the more DEX it uses, the more likely Cake will hit a new ATH at $50 in the future. however, to reach that price for now Cake is still not strong enough. unless there is a strong bullish trend as well. If the BTC trend is valid bullish, then it could be the end of this year $50 becomes the new ATH cake.

I do believe that 50 and even 100 is realistic for cake. Only thing keeping it right now is the fact that it is not getting the attention it deserves. It is a token that keeps on producing more and more for people who invest and the price is still standing strong. Normally people expected it to go down a lot because of how much rewards it was giving away, but turns out it is not really that bad, it is doing fine and I believe the same thing, it will keep on being strong.

The moment people realize that it will not be doing bad, then we will be doing fine, all we need is a little bit more attention towards it and it will go viral once again. In a world where you could make nearly 2x with staking, and the price is not falling that is just a dream come true. I hope that it will do better and I believe we will do better with it, I have a good chunk of it and I am staking it right now, so I could be a little biased might be shilling it, so maybe we should hear from someone who doesn't own any and why they do not own any.

yes for cake reaching a value of $ 50 is possible since pancakeswap is now one of the most famous defi of the bsc blockchain, now its value is about $ 19 but in the past it has also reached $ 43.96 so in my opinion $ 50 is not an impossible goal

oh yes quite realistic $50 maybe even more in the future ,I think dex swap exchanges are being loved by medium traders recently ATH in cake $40 isn't bad ,the increase in trading on the dex is also pretty good yeah ,centralized coin has been on the rise well since bnb appeared so maybe cake will get price in $50 up later in the future or either one year from now that's it

cake is a good coin defi with a relatively cheap network fee under BSC.
With the advent of cake with its innovation in the form of pancake swaps, there are currently many coins that make swaps similar to what pancakes do.
I think cake has the potential to match or even exceed their ATH. because currently, many new coins whose liquidity can only be done on pancakeswap before the new coin enters the exchange.
besides that cake also has farming and staking that can be done in pancake swap. many innovations and interesting projects offered by pancakes. so pancakes will always be in demand and will continue to grow and be very realistic to 50$

I agree that where BTC will go, so will all altcoins. Deposits at interest are much more profitable than bank deposits, but in bear market the main asset may fall, so the profit from the deposit will not cover losses - that's the only thing that stops me.

Pancakeswap is the most popular DEX on the Binance Smart Chain with many functions. We can do there not only stacking and trading, but also participate in lotteries and IFO and there is a NFT-marketplace. This platform is developing all the time and I also believe that its native token will cost twice or even more than now in the future.

Planning to hold and sell at $50 price which is good idea. Cake is a potential altcoin so I believe cake will reach $50 price or even more in the future so keep it hold. It's good that you staking it so you can still earning while you holding the Cake. I also hold mine and staking it, it's really good passive income.

The volume of pancakeswap has been growing significantly and there a are lot of new projects held their project token sale on there so i think CAKE is strong and worth to hold. Even there a lot of new projects that similiar to cake (defi and staking also) which also promising.
But if your target sales price is that high, which higher than it's all time high before, i don't think it will happen this year, you should see the next upcoming years and hoping there are no problems with pancakeswap with that time span.

https://www.forex.blog/prognoz-po-monete-cake-bezopasnaja-igra-na-trende-na-defi/
https://i.ibb.co/JKdQsrH/ddc9a615-d22d-4409-94c2-de4d3e7cf6ee.jpg (https://ibb.co/s2PHVsq)
DigitalCoin(C)
The market capitalization of PancakeSwap is now slightly less than $ 5 billion, the project has a chance to grow to a capitalization of $ 10-12 billion, as a result of which the token price could be $ 50-60.
This is the simplest analysis when looking at Uniswap.

I'm holding and staking CAKE right now so I will be a little bit bias about that :D.

After all, its ATH is around $40. $10 dollars lower than the price you projected and I believe that it will reach that price not this year but next year. It is the first DEX under Binance so I think that that itself might help CAKE to increase its price. Try and hold it if you want. Put it in Pool if you want to stake it and wait until it goes to $50. I think I have a target selling price right now @$50. :D

But now, the defi trend has started to fall. CAKE used to be called #1 DeFi. But that doesn't rule out the possibility that cakes can go up to $50. I've seen it be above $30 albeit with an unlimited supply. CAKE is great to invest in.

I think CAKE is a promising and future coin that can make you profitable because the wallet behind it is the trading behind Binance one of the top exchanges, in terms of daily transactions quite Large and widely used. In addition, there are many similar competing projects that have prevented the CAKE price from increasing and recovering to the old price of $ 40 and the CAKE team as far as I know they will have a plan to burn CAKE coins periodically. Will definitely increase the price in the near future.

DeFi start to fall, I don't see it. People use DeFi to swap tokens daily and DeFi marketplaces help to bring more liquidity for crypto market.

Because they are DEX exchange, projects now can get their tokens listed more easily and save listing fee. If you use Pancakeswap, swap fee is cheap and it is a gift for you to trade tokens that are compatible with BSC.

If $CAKE can break the temporary all time high, $50 can be achieve for $CAKE. $50 is not far from the current all time high.

I think if everything goes well, the price of CAKE will be 50$ plus in a few months. So if you can hold on to it for a few months, you can definitely sell CAKE at a price of 50$ mark. At the rate at which Pancakeswap is gaining popularity, I think the price of a cake could easily touch the 100$ mark in the near future.

Pancake swap can do more expansion. This will be also helping cake to growth and remember 1 billions binance fund to help the defi to growth. This will be affecting cake as well.

It's really worth right now. APR for cake was still big and you can earn good passive income from your cake. I have bought this one @$10 and im still getting good passive income from my cake with good APR.

That's a good idea and i consider cake already traded in so many major exchange sites. The chance for cake to grow like uniswap will always there.

based on the increasing use of the CAKE platform and having a positive response from large investors. then to be at the price of $50 I think it will be very possible to achieve in some time before the end of this year

Many predict that CAKE can break through $50 or even more. If you plan to buy it now then there is nothing wrong with your decision. CAKE is cryptocurrency from the Pancakeswap project which has good prospects because it is considered a safer and faster network for trading BEP-20 tokens.

there are still many things that can still be explored by this project. therefore I believe the potential of CAKE is very good in the future. if you think about the price, Cake might reach $100 in the next few years. Let's just say the need for DEX continues to increase and people believe in defi more and more. then Cake will benefit greatly from it. we know pancakeswap is one of the best dex right now. and supported by a friendly and inexpensive blockchain network. This makes it a distinct advantage to keep the distance from competitors. With the many positives this project has, it makes sense to invest in the long term.

It's all time high was 44$ but its only because they are new AMM exchange on BSC network and the competition is not tough compared today. And also some of the locked tokens of team and advisors is already unlocked today which means the supply is many compared before that's why it will be hard for cake to reach that level or even the ATH. Cake is a good investment but I don't expect huge profit above 70% on this token investment.

Much better to stake an LP of Cake-BNB to get a good APY from staking.

There must be new features to come. CAKE didn't FOMOed by the whales. It needs something big to let the machine to be heated and it will be starting to go to the moon. The train was not going anywhere. It's still stuck but $50 can still be considered as a reasonable price. It has a small gap when cake can break new ATH again. A bunch of BSC users was still actively using and trading on cake. So many users are also locking their cake in the farm to get LP token. The problem is if inflation caused by the reward from farming will be also preventing the price to go up. that's why you must be patient if you wanna see $50 for each cake.
It has a very good prospect. I have been staking in this swap service since last year. This defi token was good for staking and holding. You can hodl it at the same time earn passive income from staking your token. Staking your cake is very proftabile this days.

Supply shock will have its effects but if the team are working and focusing on their developments as well as if they believe that $CAKE have price higher than $20 or $40, they won't sell their coins.

I believe $CAKE will rise to $40 and even can make a new all time high. With the shill attempt from Binance, $CAKE can make a new all time high.

What new features do you know?

I agree that with the marketcap of less than $5B (https://coinmarketcap.com/currencies/pancakeswap/), $CAKE can rise more and can attract more investors. To assess a project, don't only look at its price, please consider its marketcap as well.

You can not judge that price at $5 is cheap if the marketcap is $100M. That project is big enough.
$CAKE has price about $20 but marketcap is less than $4.6B.

So far Cake is still looking very good and has not had any issues with it, so it certainly wouldn't be wrong if someone considers it an investment option, because I also think that Cake is very good and won't be bad as long as the pancake swap market is still operating very well.

well if you're planning to hold for long term probably its a good idea, indeed cake is one of the most interesting projects nowadays because of the history as well, and the features of the projects reasons it's getting more attention from some investors.. Especially at this point wherein the price is very low, for sure it will skyrocketed again in the near future to break new record like what other people predictions.

I think it is worth to hold Cake for long term because so far it has no problem and Pancakeswap is a DEX which have a higher demand nowadays. So, for sure Cake will increase more as the time goes by and also Cake is already listed in different crypto exchange including Binance.

If you see a good future for this coin, the timing is good to start investing.

The market is on the other side, perfect for buying and holding. If you can wait for much longer time, this coin probably will be able

to provide a good amount of profits. Timing and trust, if you have both Cake is one of those many projects that you choose for long-term investment.

Cake has a massive improvement on its price this year, I'm not sure how it plays next year and when the market is in bearish season. That is probably a test for them and to see how it is able to survive from the crisis is quite not to know yet.

Many people will say and predicting a multiplied price from what it has today ($20). I can't say it won't but the possibility still remains as long as the investors keep trusting the CAKE project.
https://walletinvestor.com/forecast/pancakeswap-prediction

I guess that's highly possible, Cake was a Defi Token on the worlds third-largest decentralized exchange DEX which is the PancakeSwap, and with the trend of ever-increasing migration into the BSC network due to the expensive transaction cost of Ethereum Network, I believe it will be a catalyst of growth to drive the cake token price at that level.

When we look at all the features of PancakeSwap, it's easy to see why it's so popular.
In the future, PancakeSwap will continue to experience increased adoption. IMO

But The opinion is opinion. Trust the fact. The previous chart is not guaranteed to happen the same as the future.

Everyone knows that the PancakeSwap ecosystem is powered by its native CAKE token. This BEP20-standard token has many use cases such as minting NFTs, adding liquidity, using in yield farms, voting on proposals and so on. I really like this DEX.

But I must admit that PancakeSwap is a copy of Uniswap V2. A half year ago, the developers have already deployed the Uniswap V3 decentralized exchange on the Ethereum network. In fact, PancakeSwap lacks new features that experienced traders need. I heard that Uniswap V3 technology is open source but patented, so no one can legally copy its code and just install such an automated market maker on other blockchains.

Thus, answering the topic, I think the CAKE token will be stable around $20 but won't reach $50 in the near future. This price seems unrealistic to me.

Because it gets support from Binance. It is a centralized DEX with manipulation from Binance. Some projects have hacks and hackers return coins after hacks. I don't think they are real hacks.

We don't know what the team are working to develop Pancakeswap but they will release their products and if we don't accumulate $CAKE now, it is too late if we see news of product release.

$50 is a high expectation but $40 is possible. I would choose $CAKE to invest with my expectation that it will increase 100% because Pancakeswap is big and it gives me a safer investment. I can choose other projects with smaller cap but they will give more risky investment that I don't prefer to do.

Cake is obviously good as long as Dex like Pancakeswap doesn't have any issues and is still very easy and convenient for everyone to use, so the potential for its price to continue to increase is definitely very likely in terms of odds.

I think $50 Cake token is realistic.  Binance have invested so much on it's  bsc and cake was very undervalued,  under estimated when it was started, now look at where cake is.  Cake has consistently chun out profit for the farmers and stakers and this reputations have also guarantees confidence and patronage from investors.  I think cake still has room for value appreciation!

It's very clear and I totally agree with you because Cake really deserves to get more value appreciation and a good response because there are many parties who want to support Cake to the fullest so that a very strong potential could happen in the near future at Cake

I just stake 1/4 of my investment with CAKE. 50usd is a realistic target for CAKE, in my own trading plan my target is $90 to $100usd. As long as Bitcoin doesnt hit $200 to $250 altcoin will continue to rise.

No one can advise you what exactly to do. CAKE at $50 is realistic, of course, depends on the trader's activity as that's where the pump will start. If you see that coin is worth holding, just do and follow your plan. You will never know the result until you try. Trading should always be associated with the guts of trying a certain strategy and that's what you need to do.

Of course it is common logic that if bitcoin increases it is certain that altcoins in the rankings or those that are still active in trading will certainly increase as well, so I agree that getting to $50 is not that hard.
but unfortunately until now the cake still has a difference of -55.0% more than their last ATH, so the cake management has to work hard so it doesn't fall too far.

because all of them are in the position of their last ATH below -25%, so have to work hard too so you don't lag far behind the others. there will always be an increase because the opportunity is always there just how to address it.

very likely $cake to $50 or more, currently only pancakes is the BSC swap platform highly recommended. maybe before this year ends we will see the $50 cake, prepare yourself.

Pancake is one of the best defi that I have ever seen. Have you seen something that could make your entire living with something that is basically as less volatile as Cake token? I mean you could put in few hundred k into cake and you could be doing yield farming on anything you want, you could diversify basically by putting it into 10 different things and you would be making a living from it without any problem at all.

I do not get how people are not investing more into cake, I am putting all the money I have into coins and tokens that I diversify but then I put them into staking or farming in cake because why not make some extra money from it. I do not care if Cake drops because my main money stays the same as well, so it is fine for me even if cake becomes 1 dollar. That is EXACTLY why the price doesn't drop either. So, it will be 50 bucks and even 500 bucks one day when people realize how awesome it’s.

hello my friend;

I got the impression that it is not a very stable crypto. Going up to $44 levels and falling to $10 did not seem very reliable. but if it rises from this level again, I think it will reach the $75 level. This is just my opinion and not for guidance.

What is the current marketcap right now I think you will find out that is really huge and then what will make the coin have massive growth like that I think maybe if their NFTs picks up then probably we might see price rise but Seriously It will take alot to 2X from here

Thats kinda hard because theres are a lot more cake in circulation than before too. The annual inflation rate is about 37%
Even matching the ATH price will be a new ATH for market cap
And the another factor is depends about how bitcoin goes, and this is very important, if bitcoin can keep rising and reach $100k, Cake could go to 50$ or even more.

You can take uniswap as comparison with cake https://coinmarketcap.com/currencies/uniswap/
Uniswap has 16 billions valuation while cake was less 5. I can call that if cake has a chance to go to the same like uniswap and it can also have the same marketcap like uni. cake has a good prospect for the future. tHIs is also supported by binance exchange site as well.



You must start to compare it with the swap platform that was superior to cake. $50 will still make the marketcap of cake less than uniswap and that makes sense to put it as the price to sold your cake.
so many people are expecting even bigger than you as they were aiming to sell their coins at $100 for each.

Actually there are several BSC exchange platforms that can be used by everyone at this time, but in general almost everyone uses Pancakeswap for the reason that it is easier and also more reliable when doing various jobs, so this is what makes Cake preferred by many people today.

I believe that pancake will keep being better and better because they do not have really a limit. There is a new thing that needs to be added? Then they will add that as well. They are really doing great and I believe that they are going to keep doing great in the long run as well, they can add anything they want.

Same happened with the NFT thing as well, NFT got famous and they put that in and they are doing NFT marketplace type of deal for themselves right now as well, sure people use opensea instead but there is at least that option. So, I believe that cake will keep on being great and it will keep on going not because it is good now, because what it is now will not be enough in the future but they can improve which is the main reason why I believe it will go up.

If the anticipated big altcoin season arrives, it should hit a new all-time high. After the Ath price, many innovations were made. Cake team works really well. With the opening of the NFT market, more transactions will begin. At the same time, cake inflation has almost halved. These are all positive for cake, but altcoins need to move now. One of the fastest responsive coins could be CAKE.

CAKE could very easily touch $50, why? because CAKE itself is one of the exchanges that has quite a lot of enthusiasts and traders who buy and sell tokens. $50 of course is very realistic, I think CAKE could reach $50 by the end of 2022.
for now, we just need to be patient and wait.

The normal price for Cake coins is $20, for ATH it goes up to $44. Indeed Cake is a good coin, to reach $50 is not something impossible. You just need to be patient when it comes to long-term investments. But to be more profitable, we can stake Cake coins on the Pancakeswap platform.

I wish it was like that. I also hold the coin now. Some of my funds are allocated to CAKE coins and I staking. Judging from the daily transaction volume, CAKE still occurs high trading volume.

OFC it very realistic. It depends on how high bnb goes, and bnb is dependent on how high BTC goes. But if bnb hits 1-1.2k then I can see a $100 cake. Even more hopeful with the recent emission changes

I bought a CAKE for $7 at the time I could not believe that it would cost $20, but time has shown that I was wrong. Do I understand correctly that the price of CAKE depends on the number of coins invested in the pool? This is the greed of people, all that brings from the deposit they again invest in their deposit. Will it ever end?

to me, this looks very realistic. even based on the information available to CMC, the ATH for the cake was reached 6 months ago, and the price was $44. it is very close to $50. however, currently the best DEX I'm currently using is Pancakeswap. I'm sure in the future it will develop, and push the price closer to $50.

https://coinmarketcap.com/currencies/pancakeswap/

Congratulations to you because now, you are making a lot of money, especially if you have some Cake. We can underestimate a coin and that is normal but after we see that the coin or token increases in the future, we will not feel underestimate and have a big hope that the coin or token can still increase. It will never end because as long as people can see a chance to make money from their side, they will use it and try to make more and more money.

Thank you! I didn't buy much, but it's still nice. But now is it worth it to buy more at $20 with the goal of selling at $50? The question is where the market will go, I understand that it is difficult. It's just that on the fundamental side, CAKE is an investment coin.

if you look at how the top 3 CMC cryptocurrencies have grown now, then I wouldn't be surprised if cake shows a new ATH, it has everything for this, so in the long-term perspective this is a good investment.

I would say that Cake is something that is literally as good as it gets and it could be 50 or even 100 or even 500 dollars in the future. Obviously not right away, but imagine a world where you buy Cake as much as you can afford without hurting your finances, then you stake it, and rest take with the profits, and then you keep doing that for 5 years.

Do you really believe that you may make a loss? It is obvious that you are going to make at least 10x profit, probably something like 50x if you are lucky. Obviously waiting 5 years in an investment is not something crypto people do that frequently, unfortunately people buy and get out of the tokens very quickly. However imagine buying ETH 5 years ago and still holding, can you imagine how much money you would have? This is exactly like that but on top of that you are making passive income with the passive income as well.

The target of $50 for me is quite realistic as it has already reached about $44 during its ATH this year. Though it is in the $20 level right now, the usage of pancakeswap is still increasing, so there's hope that it may reach the 50 range, maybe not this year, but in the years to come. As long as the exchange is actively used by traders. The target price is not a dream price but I can say, it is achievable. Besides, a lot of users are using this exchange and their services like farming pools and now, they have NFT market also.

Yes I can agree. Thanks, I set a goal, but the income from the deposit is just a bonus, and the goal is to sell. Of course the coin benefits people, and the exchange is so great among competitors.

And that they supposed to be going better in order to cope up and could compete others. I don't imagine that CAKE will be like BNB due to its different platform and market purposes but then, as if they wanted to survive and reach their goal, they should have to make something that could help for their project to grow. Investors have become certain to what project they give support and that something it caught their attention as this CAKE have gain such a trend.

$50k sounds realistic to me. We only just wait.

CAKE is indeed one of the potential projects and deserves to be bought, even though I haven't bought CAKE yet. but i will plan to buy it
in the near future. Because I also want to get profit from CAKE, the performance is also quite good this year. Even 6 months ago managed
to rise to the price of $ 44k, meaning that the target of $50 is very realistic to be achieved. The problem is that it is a little difficult to predict
when CAKE can reach the price of $50, I agree with you, probably not this year. Because this year there are only 2 months left, so it's too short
for CAKE to reach the price of $50. The results of the research and analysis that I did, predict that CAKE will be able to rise to the price of $50
in the middle of 2022. So just be patient for holding CAKE if you already have it, because to make a profit from crypto it takes patience.

The market is on fire again, and after Bitcoin finishes its bull run, we will see an altcoin season. $CAKE is one of big altcoins and one of biggest in DeFi. If you miss its coming bull run, to $50 or even higher than $50, you will have to wait for the winter season to buy $CAKE.

I don't know what price will $CAKE has in a winter season because it depends on its all time high for this bull run that we don't know at this moment.

Assume $CAKE can achieve $100 as its ATH in this bull run, you can wait $CAKE to drop to $20 to buy it. So price will be as same as what it is exchanged now.  ::)

People have realized that it is not possible to become a billionaire overnight, and they need to protect themselves from scams. Therefore, they buy coins based on the real performance of the assets on the exchange. And it's clear that CAKE has full potential in this space and patient trust always pays off.

Yeah I am pretty sure that PanCake (CAKE) will hit 50$ because when we observe it we got that Cake is one of the high trading Volume Decentralized Exchange on BinanceSmartChain . According to some enthusiast that PankCakeSwap is supported by Binance and we know that  if Binance is behind it then 50$ is small target for this it can easily hit 100+$ . so I also buy some cake for future.I think buying cake on 20$ will be golden opportunity for those who want big profit in future.

Cake is good for long term, I agree with you that point. But for it to hit $50 is very realistic and doesn't take into account of how the market works.

In general, Cake does seem to have everything in the crypto space, but believe me that Cake doesn't have nearly the same things as Binance, because Binance is able to rank third in CMC because of their own exchange which is more famous than their coins.

Bull run is a great thing and it is making many tokens go up right now, however we need to reach to a level where it is a lot higher and we need to reach to a level where not only bitcoin will need to go higher, but it will have to stop so that other smaller coins could have an altseason afterwards so that we could be making that kind of profit.

I am not saying that 50 bucks is not going to happen, it may still happen, but the only thing that we are looking into right now is the fact that we are not doing it a lot right now, we need to basically just wait a lot more and the current bull run so far is not enough to make it 50 bucks, we need something much bigger to reach that level.

Like I said, CAKE is a project that is highly recommended to buy, especially when the market is back on fire. We should immediately buy CAKE
which the current price is low enough to buy, if we delay too long, CAKE prices can indeed rise suddenly and we will miss a good time to buy CAKE.
If CAKE manages to rise to the price of $50 or even goes up to the price of $100, it is no longer recommended to buy CAKE, because the price is
too high to buy. The best way is to wait for the CAKE price to drop again, if we really want to buy CAKE. But I just got the money at the beginning of
next month, and I hope the price of CAKE hasn't gone up too high by the beginning of next month, so there is an opportunity for me to buy a CAKE.

When the altcoin season comes again, CAKE will potentially increase to $50 as that project seems good to compete with the other project.
But I think CAKE needs to wait for more without altcoin season, especially in this situation where the bitcoin price was already getting down.
If you consider buying CAKE now, you need to analyze to find the right time to buy because the price of CAKE is up and down so you need to analyze carefully.
If you want to use CAKE for a long-term investment, you do not have to worry about the downtrend because CAKE can increase after that.

Yes, I too am waiting for when I can buy a coin at a lower price, $15 is the best price for me. Despite the small yield, I continue to keep money in the pool.

For a price of $15 it is very unlikely that you will get it because Cake is a live coin and has been favored by traders in the short term, and also in the long term, because the Cake exchange itself has always run very smoothly in cryptocurrencies.

The correction of the entire cryptocurrency market can be deep, so $15 for CAKE is possible. And I also think it's a very good price to buy, as long as it's not the end of the bull run. If we stay in an uptrend, it is only a matter of time when CAKE reaches $50.

In my opinion it looks like you have nothing to lose holding Cake, because currently pancakeswap is the most used DEX on the BSC network so it will continue to be big when people make transactions there especially they always burn their token supply

I really think, cake could realistically hit over $100 at the peak of the bull market. It could easily double/triple the previous ATH buckle up every one the bullrun has still yet to begin but don't forget to take profits before the big crash.

With this much promise for the future, I believe it is very hard to find someone that could be not caring about cake at all or thinking it will fall. I personally believe that there is a good case to be made just out of the community situation. I believe that we are not even at the peak right now of the community support it has. Obviously there will be ton of people who will have some sort of disregard for it, but that doesn't change the fact that there is a huge population behind it. That is a very important thing for a crypto, if you have the public support and everyone talks kindly of you, then you will most likely end up with a great increase in long run.

I do not know what's wrong with CAKE, even with the launch of pancakeswap NFT marketplace and the run up of BNB, the token has rather remained stable like a stablecoin. The price has stabilized around $19 - $20 range.

I hope it picks up in coming days.

What corridor is CAKE now in according to technical analysis? I always trade and invest in the long term and don't understand anything about technical analysis for trading.

it seems , even though they have unlimited supply , somehow it doesn't matter , since they have token burn system , and also their token circulation is much lower than uniswap, for now.

Since CAKE reached the ATH price, the price has been slowly correcting, and now CAKE is at $19. This means that there is only a slight difference
until your purchase target is reached, hopefully early next month CAKE can drop to a price of $15. So I was able to buy CAKE at a price of
$ 15 too, because as you said the price of $ 15 is quite low if we want to buy CAKE. But if early next month CAKE fails to drop to $15, I'll still buy
CAKE if CAKE's price is still below $25. For me, as long as CAKE is still under $25, it's worth buying.

almost took that break last April  and it is the Highest ever recorded for CAKE All Time High Apr 30, 2021 (6 months ago ) = $44.18  but looking at the possible  outcome? yes 50$ is subjective i believe but never rush .
the year is still long and this may climb before December again though now it cannot even break the 20$ value again.

The value of the CAKE currency has risen sharply in the last two weeks, which has boosted investor interest. But don't rush towards the end of the year prices may rise further most decentralized defi projects are based on ethereum for operations, among the other features competing with ethereum for CAKE currency swaps are lower rates and faster transactions.

This is something you have to learn slowly even if you often invest for the long term because every useful thing in the cryptocurrency space should always be known by everyone who often works in cryptocurrency trading and investing, because you don't always have the ability to invest. in the long term

I think I can. Like Uniswab, Paancake swab is now much loved by investors. The volume is always stable, even experiencing an increase in the amount of volume. Trend tokens that can swab other tokens and pool features that are on the rise, Pancake swab is also already a lot of users, it is likely that an uptrend could occur.

CAKE does not have the volatility that other coins have. In recent weeks, it is stable and trades in the range of $18-21. I want to understand at what price I will be able to buy? I ask the advice of an expert in technical analysis of trading.

I can't find a basis for needing a price, so for now I decided to accumulate at the current price, but hopefully it will be $15. But I use MANUAL staking to sell my coins at $50 at the right time.

Nothing wrong, I also noticed that since the beginning of this month the price of CAKE tokens is in the range of $18 - $21 USD and these days it is getting smaller $19-$20 USD, Maybe the market is testing the holders and see how strong the CAKE token holds at this price, Maybe in the next few days there will be a hard pump for CAKE tokens, At least an uptrend will begin and $50 USD for CAKE tokens at the end of this year is still very possible.

The price will rise as soon as there is a good project on the IFO. After all, CAKE tokens are necessary for participation. This always moves the price up, look at when KALM project was listed.

It is 44$ to be precise the All Time High recorded of Cake, but aiming for 50$? I'm afraid this will come soon because PancakeSwap seemingly falling hard nowadays and there are no indication of making another hype these days.
I know that this coin has been trusted by manipulators back in April but look at it now , is this the chance of making another hype?
https://coinmarketcap.com/currencies/pancakeswap/
I'm afraid now lol.

Pancakes in the last few months have been flooded with a lot of new tokens, even useless tokens use them. Little by little the price of Cake rose even though it was still around 20$. I myself don't predict much more or less reaching 45$ in the future in the first quarter of 2022. More and more enthusiasts are using swaps from either metamask or others.

Cake is the next coin that will be very good in the future, but for now I am personally still more impressed to see Solana which is already priced at $240 and even almost touched $250 in one unit, so try to imagine for those who have bought Solana at a price of $ 120 with a very large capital ? obviously by this time had become very rich.

Obviously even don't be wonder if cake cross more than hundred dollar by its value. i'm planning to hold some cake for long term. cause i know, PancakeSwap has well security, users face less problem and the support of binance behind it, will make cake strong in future. pancakeSwap even provides easiest technology of trading that could draw traders concentration to bring them there

I like this analysis. I'm also trying to raise money to regularly buy $cake because I'm very confident about its future prospects. in the article it is predicted that the price of $cake in 2030 will be $150, I'm sure that will happen.

Cake is one of the altcoins that have very good potential and prospects, even though this coin has fallen very deep, but a now cake is improving, even providing the easiest trading technology that can attract traders, so that its growth is increasing day by day, I think $50 is very realistic to achieve, because cake once reached ATH $44 last year, of the course with the achievements that have been achieved, it is not impossible if cake will be able to reach its ATH someday.

Even if the prediction can happen in that year, but it is still very long to wait, so do you have enough patience in waiting for it to arrive ? although there is still the possibility for the opposite to happen, because the prediction is something that is still uncertain.

This is a very pessimistic forecast, I think that very soon the price will be 50, and if the bull market remains, 100 will be easy to reach.

Yeah I am agree that buying cake at 20$ is just like diamond hand buying because just like its Dex exchange working I expect that it will hugely perform in future and can expect around 50$ or may be above 50$ price of cake in upcoming months because its the coin of pancakeswap and we know that its a most usable dex exchange on BinanceSmartChain so keep eye on them and take position at better point

It looks like it has to be realistic to see what happens to cake, because when some altcoins reached ATH last month, cake wasn't able to make the moves that it made when it reached ATH $43.96 - Apr 30, 2021.
of course this is a separate problem experienced by cake can not make changes, there are still difficulties experienced by cake.

I hope that by the end of this year, where most of them will compete to improve, the cake must first be able to match the ATH that has been made. because the current price of $ 19.06 is still far from expectations to be able to catch it.

supporting this statement as Cake is just being silent now but there are big opportunity of this making another Hype sooner.

Local wallets in my Area had already added this coin to options in trading meaning there is a chance of this for future more adoption.

Cake to the moon lol.

It's still a long way to go to $50 because right now the price range is still at $19 - $20, so in general it will take a few more months for that achievement or at least until the end of next year, 2022 for Cake as long as the Dex is still operating very well.

Maybe your guess is right but if the conditions are not what you think I think it could take longer to reach $50,
so that it is clearer the better we continue to follow developments and hope the price can continue to grow

Cake is still struggling to reach 20$ https://coinmarketcap.com/currencies/pancakeswap/ so maybe there will be a hardship hitting 50$ this year .
but next year or the next why not?

Planning? while in your post already vouching for this coin? lol if you really trust this one then you should Invested already and not just a plan because this only proves how shitty your post are.

Cake came up to $44 before summer, we had a good rising season in altcoins, and cake rose nicely with other altcoins. It has been fighting at the $20 level for a long time and there is serious pressure on it because there are too many cakes being produced. Cake pool still produces 72% cake annually, which is too much. Of course, it is not easy to rise with such a supply.

Pancake is the most popular swap platform so that the performance of the Pancake coin namely CAKE also skyrocketed, I think the price of $50 is normal because the price is very much determined by supply and demand, even I believe the price of CAKE can pass $100 in 2022.

Token Cake is doing well with the swap platform they developed. Most of the tokens developed with the BSC blockchain are traded on the PancakeSwap platform. We estimate that the Cake token price will reach $100, because the number of tokens in circulation is not too much, and the locked or stake is also very large.

Maybe until institutional investors start investing in the project, the coin will still be trading at an average price of $10-$20

If i were you? i will not look that far because Pancake is still in process of developing meaning there are some areas that need to anticipate first before hitting that high.

I think 20$ is enough for this time and may climb more in the next halving season of bitcoin as mostly the market is making insignificant increase those days.

that is 9 years from now , Bitcoin halving will happen 3x till 2030 in which i believe that the market capitalization will increase 10x from now, in which if cake survived that long then from 20$ now this may increase to 200$ and more in 2030.

with good future plans from the dev and the increasing support from crypto community , swapping is going better and better nowadays and Pancake is the top in that area.

Cake went to $44 as an all time high,,, so just because of that I would say $50 is realistic, of course it is easier to say this today than when OP first asked the question.

The real question I pose to you guys here though is,,, have any of you ever USED Cake? As in, not just to swap or stake, but to use to mint NFTs for example? I ask because the last time I saw NFT minting the price was $200++ in CAKE just to mint. Another activity for rich guys :)

A currency like Cake is really something that we need to take a look for long term , their platform is most used from swapping and i think from the recent ATH this can easily break and climb a little to take that 50$.
today another denial happens as Bitcoin losses 10% and so as the other crypto in ranking position.

maybe this will take until December before finding its way to the top again.

Currently CAKE is experiencing a price drop of about 4% in 24 hours and 9% in a week. Maybe this happened because the Bitcoin price fell, so it affected
the CAKE price which also decreased, I hope the CAKE price decline is not too deep. Otherwise, it will make CAKE holders panic and cause CAKE prices
to go down. Regarding the target of $50, I think it's quite realistic that CAKE will achieve it, but maybe not this year, because CAKE has now dropped
60% from the ATH price that was achieved 7 months ago. CAKE takes time to recover, because CAKE is not a top altcoins, so the recovery process is
a little longer. So if we want to buy CAKE now is the right time, because the price of CAKE is very cheap now, but my advice do not buy CAKE in bulk
at once. Just in case the CAKE price drops even further, we buy CAKE gradually.

Your statement is very appropriate because Cake clearly needs development to the next level or something else in order to be better and also stronger in its position in the cryptocurrency space.

I also think so because the $20 price is a very decent price for a Cake coin, but if it could be more than that it would also be very good because considering the Dex it is very helpful for Cake's price in the market.

Very realistic, $50 in my opinion is an easy price for CAKE to achieve, now the price of CAKE is around $19, with daily transaction volume reaching more than $300 million, the opportunity to skyrocket will continue to occur, I'm sure when the market skyrockets again the CAKE price can pass $50.

Yes the market situation is alarming, but for me it is an opportunity to buy CAKE for $17
This is to insure the deposit, if the market grows, the coin will grow with it.

You mean PancakeSwap (https://coinmarketcap.com/currencies/pancakeswap/)?
If it is true that you mean CAKE (PancakeSwap) then the type is token, not coin. I think it's good to be willing to sell at $50. The current price of CAKE ($17.23) is down 7.19%. Holding on to one of the good decisions for now as the chance to hit $50 is still there.

may i know, how much did the other Cake cost when you bought it?, since Pancakeswap is a really good project,
and indeed a popular decentralized exchange, I still believe that Cake can still hit its new ATH again,
if you buy it at under $20 I think you can Hold and forget, but if you buy it above $25, I understand you lose,
but if you can hold I will also be sure your money will never lose, Cake is a new project, so there is still a long way to go , keep calm

I decided to buy in installments for now, the market is falling, I bought 30% at $16. I will make the next purchase at $15.

The price of $15 is a very decent price to buy some Cakes during a correction like now, but it would be even better if you can get them at a price below that again because the potential for Cake when the market starts to recover from the correction is still very large next year.

It has touched its ATH level once if i am not wrong .I have seen for many times its just surviving the 20$ area .We all know that it is great Defi exchange for the BNB(BSC) ecosystem .It has lots of thing from where we can earn like staking ,Farming .So i think the project is more potential than any other Defi project .So it has great chance to go over 50$ with the price but still i think its not possible in short time cause we have seen a huge drop recently .So lets see how market act with us .

Currently the decline in cake is indeed very deep but in my opinion this altcoin has very high potential, so it can get out of pressure, where the development team has made efforts to increase the price of cakes, namely by burning Cake regularly, increasing promotions to the public in detail, although this method has not had a big impact, but I'm sure the cake will rise again and will touch ATH in the next few years, I think the value of $50 is very realistic for a cake,

when they want something like this at least their development is better done because until now their development is still very stagnant and nothing has changed significantly in this coin.
they need at least something that will make them more recognizable. when something like that can be done $50 might be achievable. but for now maybe even a few years in the future things like this still can't be achieved when they are still sitting in place and not doing significant updates

If there is no growth of the coin, the interest of users may be reduced, yes they leaf new coins, but the ecochichetme is built around the CAKE token and the lack of growth along with the market makes adding liquidity in CAKE meaningless compared to just HOLD fast-growing coins.

at least the developers should try harder if they want to see the cake at $50. now they are very difficult to survive if they continue to maintain things like this.
because just now they are getting quite a big correction and when I see they are at $14.
still hoping for $50 without doing anything meaningful? maybe this is a naive act

Consequently as I would like to think, its quality and security are adequate, great as such. since as of now, many new coins whose liquidity must be done on pancakeswap before the new coin enters the trade. This stage is fostering constantly and I additionally accept that its local symbolic will cost twice or considerably more than now later on.

Although the current decline is too much in the cake coin but then if we see the whole market context, then all the alts are on the decline at this time. Since pancakeswap is a major decentralized platform for binance smart chain, i do see a lot of upside in this project. Maybe we need to give some time and price will be way higher than 50$.

The cake has been very popular for some time now and I can see that it is a little better now than before because the cake is a little higher now than it was before.

Yes, I'm pretty sure that PanCake (CAKE) will hit $50 because when we looked at it, we found that Cake is one of the high trading volume Decentralized Exchanges on BinanceSmartChain. According to some fans that PancakeSwap is backed by Binance and we know that if Binance is behind it then $50 is a small target for this it could easily reach 100+$. so I also bought a cake for the future. I think buying a cake for 20$ will be a golden opportunity for those who want big profits in the future.

I think its still a chance to buy PanCake because its still in a dip I think if cake is around 20$ then its in a dip because we know that cake will mustly pump to 50$ .because it doesn't show any positive progress in previous months so i am sure that it will show his rally so keep you on cake and don't miss a chance to take entry

Currently the price of cakes has fallen very deep, namely $15.63 from its highest price of $44.18, if you look at the daily transaction volume that reaches more than $300 million, I think the opportunity to grow is very high, because CAKE enthusiasts are increasing from year to year, I am very optimistic if CAKE can reach $50 and it's very realistic to happen.

Looks like the hype around cake is fading away. The reality is, PancaceSwap got many competitors lately and people are pushing their luck with less valued tokens for now even thou cake also offers great staking option.
I would say it has potential to reach 50 $ but right now i see many other coins who are safer bet to do x10 and are more worth investing in.

Either it will cross 50$ or remain below 40$, hitting same ATH is rare.

cake will surely hit the previous ATH but not in the near future because currently the popularity of defi tokens is being eclipsed by game-fi which ongoing popularity.  cake is a good investment for the long term.

Well, even though the rave reviews about PancakeSwap are disappearing due to the level of competition of interests is too great among decentralized exchanges, besides, the trend of decentralized exchanges has been replaced by other names, it is undeniable that the current environment is for NFT games but don't forget PancakeSwap is based on BSC standard then still has integrated project on binance exchange. Therefore, even if it is no longer a pioneering and innovative period, Cake still has a strong force to fight and ready to give them a new face in the future and that will help the value jump more than 50$ is normal

Consequently as I would like to think, its quality and security are adequate, top notch as such. Numerous other contending stages, and the focal stages are better and there are numerous ways of exchanging monetary forms, and subsequently the cost of many dollars is viewed as a distortion and isn't outlandish when there is adequate liquidity.

Hope you already got your answer why i said "I'm planning" to buy! Its not like if i trust any altcoin, i should have to purchase that instantly? After my analysis, i decided to delay & buy from dip! When i post on 4th nov, cake was upto $19 but now it dumped 25%-30% from its value & now its $14.80 per coin! Other reason was, that time i need to sold others altcoins to buy some cake. 

And now is your chance and everyone else to buy Cake at a time when the price is still not pumped to the actual price, because the potential to be pumped again is very large in Cake coins because considering the use of Dex pancake swaps is still very much at this time.

yes it is possible that the price of CAKE will increase in 2022, over time even CAKE will rise to $50 in 2022. Every new coin that comes out is often listed on the CAKE exchange so many people use CAKE coins to transact on the CAKE exchange.
The CAKE exchange is very useful for traders because the transaction fee is very low compared to other exchanges, this is what makes people want to use the CAKE exchange so the CAKE price is getting more expensive.

Don't forget that in the space where pancakeswap is operating, that the competition is fierce with new sites popping up very frequently and some of these newer sites are taken away some volume of pancakeswap. The fee on pancakeswap is similar to other DEX and some other players even offer lower fees so there, they don't make the difference.

As CAKE investor early and the guy who made good chunk of money at its first rally I don't think CAKE will rally up at 50 dollars anymore with current emission. Although main purpose of CAKE is to stabilize the price so you can stake and earn passive income.

With their NFTs roll out and so many things behind the scene I think is just a matter of time before we see that But it will depend on the btc market for now because most ecosystem in cryptocurrencies are yet to realize full potential and is going to take some time for that to happen but am very positive We will get there Once ecosystems start running on their own and maintaining their sector against major currencies I think we will be back up for sure

I'm thinking just about $20-$30 is possible.

But $50 is likely too much although we don't know what's with it in the next months to come. There could be a bullish form that it can show to us and will make it to those prices that I've mentioned.

And just as the others that are doubting $50, I'm also thinking the same for cake.

Pancakeswap is the largest exchange with a daily transaction volume of more than $3 billion, of course this is profitable for Pancake Token so that the price will continue to rise, and I think the price of $50 is still easy to achieve even I am optimistic that when the market skyrockets it can pass the price of $100.

I admittedly bought most of the tokens at $14.62. I could have waited until $12, but I couldn't believe it would drop to $12.

Yes, I agree, and I am disappointed. Cake is falling so hard. Early this year, it was 44$, but now it has dropped to 20$, where it has been for awhile, and now to 12$. It's pancakeswap's native token, so I figured it'd be a good buy now. The price is so low. Several blockchains are competing with each other, so all of the big whale funds have moved on. It is unlikely that cake will return any time soon.

I think that one of the major problems CAKE has right now is that it looks like if they stopped innovating really hard. New swapping and staking and farming platforms are popping up right, left and center. They are all willing to compete with CAKE, taking away market share. They need to more frequently upgrade and innovate further in the DeFi space.

I'm afraid that the price will not fall to $7. This price has already been and may be again. The market has been falling for a day in a row, everything is falling and so is CAKE.

7 months ago Cake(Pancakeswap) had recorded its ATH at 44$ https://coinmarketcap.com/currencies/pancakeswap/ having that said i don't think any moment this will turn back again because Swapping time had gone now and there are many platform that offers the same with more mature way.
so Nope 50$ is not reachable these days for CAKE.
lets see in the next couple of months or at least 2024 lol.

good that i have already released all my funds inside Pancakeswap last May , because week after the price fell down hardly and did not recovered from that time.

gaining 90% of my total investment is not bad for holding 3 months .

Now I am not sure if there is still a good thing to expect from CAKE , and know what? I Don't care lol.

Pancake is the second largest platform after Uniswap, but if we look at the data, the opportunity to become the largest could soon happen, this of course has a positive impact on CAKE because it is the most recommended token to buy, especially staking CAKE which will make users happy with APR up to 80%.

Yes, it's true that the current Defi trend has decreased even the price of the CAKE coin has also decreased and currently the price is at $11 after successfully touching ATH at the level of $42 last April, but even though the CAKE coin is currently in a decline stage but in my opinion the coin CAKE is good as a long-term investment because I believe that the coin will be valuable again in the future.

pancake swab is a platform that has a great partnership such as binance, although currently CAKE is falling too deep, however i think the opportunity to increase is very high, because the potential that CAKE has cannot be underestimated, the evidence is cake has been able to record its best value a few months ago at $44.18, I'm sure as time goes on CAKE will improve again because cake has hidden gems.

You have no idea what you are talking about obviously,,, just spamming threads I guess?

Pancakeswap is cool,,, I admit. But they need to start doing something about the stupid Scams and IDOs they are running every day. People losing money to rugpull IDOs,,, and people even losing more as fees participating in IDOs when the token returns are much less than what you can even buy+sell (due to small token amounts compared to fees paid).

I continue to buy CAKE tokens at market price . $11 is also a low price. The advantage of tokens with the strategy of selling at the right price is also token farming. Profitability of course is ridiculous, but it's just a bonus.

Not bad, a good passive benefits while waiting for the price to skyrocket.

Not far to happen since like what it was mentioned this asset got the usages where traders and investors always look before participating

and investing. Right now, collecting more CAKE is very likely a good pick, the market still in correction stage good timing to buy more

while the price still cheap.

Cake belongs to pancakeswap dex, which dex allows to convert/exchange bep20 tokens easily with taking bnb fees. Major part of good altcoins try to get listed on binance as well as most of bep20 tokens at first list on pancakeswap and provide liquidity enough and such things ould help cake fly higher.  Meanwhile i just decide to buy some cake token to hold for long cause good correction is seen currently. Cake ath was upto forty usdt, so i won't be wonder if cake break price of upto fifteen dollar

cake I think to be the altcoin of choice to invest safely. we see that the products are widely used and run well, especially in this era of BEP 20, so as long as we can be patient, we can get $50. maybe not this year, as long as we don't give up hope for it

This is the good thing about CAKE as you described it, it is already an integral part of a major ecosystem, if not the major ecosystem right now. There seems to be no limit to Binance's growth when you look at their investment endeavors and research and development expenditures. CAKE is part of that system and so will also benefit from any move that Binance does. However, there can be unlimited DEXes launched on BSC so they do have some competition already.

A good future lies with CAKE and the $50 price for CAKE I think is realistic in terms of usage. Pancakeswap is currently the most widely used swap site, although so far many others have appeared with the same function.

It's normal to race to make something of the same exchange to make a profit from every transaction made. the easier and cheaper transaction costs will make other people turn to cheaper ones. everyone wants easy things. But until now I still use Pancakeswap for transactions.

There is most likely a chance for cake coins to go up. I think Pancake Swap is the best Swap Exchange on the Binance Smart Chain network. In the long run, this coin is great for hold. In my opinion, it should not be sold when the price rises later. It is better to put it in the Pool only, taking profit from more profitable pool income.

with continues fall ?  https://coinmarketcap.com/currencies/pancakeswap/ here is your pancakeswap now and is this the way how a multiple bumping comes to happen? i don't think there will be a  major increase in CAKE this near future.
the swapping strategy had been decreasing now and the NFT and Metaverse season is now taking the position of the market.

there is a lot of swap competition even though binance always uses pakeswap but it doesn't guarantee that all of them will also direct swap there, because there are still many alternatives out there, so there is quite a lot of competition.

but we appreciate that ATH $43.96 - Apr 30, 2021 has been made by Cake and this is very fast because since its presence the increase has continued to move and never went down but after reaching ATH there was a correction, although not purely because of Cake but also because bitcoin was not well and all altcoins are indeed red.

to reach the price of $ 50 of course it could happen but it seems not for this year because everything is undergoing a correction besides there will be a surprise made by bitcoin

well it can but now this year or the next , just like you mentioned there are many swapping site popped up and gaining support from the community .
so cake has a large competition now.
but there are so many swapping now that most attract user than just cake that popularized only because of BEP20.

Someone told me cake is a sleeping giant, but you know in this space anyone can say anything it does not necessarily applies to reality, however, pancakeswap is the one of the most used dex currently with lots of users despite other competitors, i also heard that farming in pancakeswap is more profitable than other dex (i haven't farm there so i can't say for sure) but if this is hold for long term, it is achievable.

I think farming on PancakeSwap is the most profitable compared to others, I always make Pancake swaps for trading, staking, and farming, for staking I choose auto staking with a current APR of around 70%, for farming we can get APR of up to hundreds of percent, because of the number of users The big thing is that this makes CAKE stable when the market is down since December.

You are right brother. Defi projects trend is low now. Now, web 3.0 and meta verse projects are in trending. So, just follow the trend of market. So, you will earn good profit. Cake coin is good coin for long term. But now it is not in the list of trending coins. So, hold it for long term. When it pumps it will give good profit to their holders

$50 is a realistic CAKE price in the future in my opinion, but as I mentioned that currently Pancakeswap is not the only token swap place, there are other token swap places that are an option and I think that's a good thing. If the price exceeds $50, then it is no longer realistic.

It's reality then ;D competition is good as it will benefit all the users and investors this place of investment is more on knowledge and timing, buy Cake and hold till it hits the target, there will be a lot of sway and you need to work with your patience, once you set your goal try harder to wait or if you decide to change direction think twice before doing anything.

Each call that you made will reflect on your investment, not just to think twice but if indeed possible multiple or more before
doing your call.

a breakthrough I think would really make a great thing for cakes.  maybe the team is or will give surprises in the future, considering the coin cake is very large and the team is also very solid it might be a good price.  but the $50 price tag is really hard for cake to hit in the near future.  maybe in the year term can be achieved

It is good for you if you can hold it for a long time. Because CAKE will not able to reach $50 in 2022. Coz  now there are many more dex exchanges besides Pancakeswap providing swapping for BSC network so CAKE  will take a long time to reach $50

Yes the competition in the exchange space is constantly growing, but usually the project lead should have enough money to add new functionalities to Pancakeswap and also do research and innovation. Right now they are in a great position to extend the lead they have right now in the BSC network comported to other decentralized exchanges, but it seems right now as if they aren't putting in a lot of effort to improve their trading platform.

I think we cannot claim CAKE cannot pass $50 in 2022, of course it is possible. But it depends on how the market trend and how the interest of people to buy CAKE. It is also influenced by the reputation of Pancakeswap. Although many DEXs currently, but Pancakeswap is still the best I think. In addition, developers prefer to choose Pancakeswap for the early listing of their coins because it doesn't require strict requirements. While many investors often buy new coins in Pancakeswap since many new coins have their first listing there.

Frankly, it is not possible to say anything about the future value of the business for CAKE. It is known to be expected in the long term, but it would not be right to talk in the short term.

I just think that there is a lot of CAKE tokens that are left to be minted that would constitute additional supply that would be dumped onto the exchanges, for a $50 CAKE to be realistic.

It's not like you need CAKE to do swaps etc., so even though it is the native token on the pancakeswap platform, its utility is very limited to yield farming rewards.

I'd rather hold the underlying L1 coin, BNB, and use it to yield farm on Pancakeswap.

Currently, Cake is still under $13 and was close to $20 on ATH, so for $50 it's considered very high for a coin born on the DEX exchange and synonymous with BSC, in general it's very good, but for $50 it's too high mate.

Yes. The average person uses Pancakeswap for the purpose of swapping tokens, nothing more. Likewise with other swap places besides Pancakeswap. But the problem is realistic or not the price of Cake is $50, so I think $50 is realistic for Cake's price in the future.

I think this project should interest new investors with special conditions in order to overcome the $ 50 mark, but today it seems unrealistic.Today's values are already not stable and it is important to keep at least this price, this year the real value is 15-20, but definitely not 50.

cake is a platform that uses the binance network with very low gas costs, where the price has soared to $48.18, even though the current price of cake has fallen too deep at $11.15, I am very optimistic that one day CAKE will skyrocket again, I think the value of $50 is very realistic to achieve CAKE.

Many projects use Pancakeswap (CAKE) as a token swap place because of the low cost and the average project using Pancakeswap is a project that uses the Binance Smart Chain (BSC) network. Automatically Pancakeswap will be more popular and very realistic CAKE $50 price in the future.

I was always hopeful about Cake, but now I'm a little more cautious about it. Unsuccessful IFOs and the drop in apy rate create question marks in my mind. Apart from that, it is still a big advantage that it is the most used dex in the bsc network. Projects in the bsc network are still sharing their first contract on pancakeswap. There are still very high volumes, but when I look at it from this side, I am hopeful.

I think PanCakeSwap is one of the biggest and most useable decentralized exchange on Binance SmartChain which mean that binance is fully support the PanCakeSwap we can also say that binance is behind it and if binance is behind of any project it will never failed because Binance is one of the high trading volume Exchange in crypto space we can also say that he is the whale of market. so due to these reasons, I will select Cake coin and I know that it will follow that path of UniSwap and will bullish his price soon and will break the previous All-Time High and will make new All-Time High which will be around 50$ or 50$ plus.

cake once reached ATH $43.96 - Apr 30, 2021 and is now experiencing a very significant decrease with -73.2% from the last ATH obtained and certainly not a positive thing, even though everything is red at the moment, but now the cake is priced at $11.78.

you are right, cake is very lucky to be on the binance network which is often used, because the cost is very cheap compared to other networks.
but we must also know that the swap competition is very tough, because many alternatives are available and this makes the competition very tough.

so it is not surprising that the decline is quite significant and it is unlikely that it will be easy to reach $50. at least have to work hard from cake to continue to innovate, so that if you want it you can reach $50.

You are right that it is far further away from ATH than most other coins. Most coins are away from their ATH by 30% to 50% right now whereas Cake is 70%+ away from it. Is this bad for today? Of course it is, people have either realized or unrealized losses far greater than most other coins and you could be feeling upset about it. However, it is also great for the future, because what is bad today, means it has bigger potential for tomorrow.

We could see the price increasing way more than any other coin, if Cake breaks ATH and others do as well, it will mean Cake making a bigger increase. So this is why it is not a bad idea at all to get into Cake now, especially when they have auto restaking as well. Will it be 50+ dollars? I do not know, probably in a year or two it will reach there, I just don't think it will happen very soon, it will probably take a while.

dude it's really sad to see that this altcoin is now worth nothing literally, because you're with high losses imagine buying at 40$ and falling to 12$ or buying at 20$ and falling to 12$. well if you managed to sell at 40$ then consider yourself a very lucky guy because now you can buy few coins and make hodl in the hope that one day you will get back to 40,000$

https://coinmarketcap.com/currencies/pancakeswap/

unbelievable

So you have this thoughts just because you invested in this coin and you are using in staking but what if you are not an investor?
what if you did not even buy a single cake will you still have that belief?

Yes cake is a good currency and this project is what i am looking now to invest but asking to take 50$ value sooner?
i think this is over expectation instead try to invest  more time before this happens lol .

Cake is one of my favorite crypto in my portfolio. It is popular because people are much more well known to pancakeswap. It has great potential and promising too. Obviously it can hit $50 and it'll be rising for a big pump.

Cake is Great crypto in portfolio. I Think it’s already popular. It's a potential and promising because people are known to pancakeswap.Now Pancakeswap is one of the greatest and popular. Cake that price now $11-12$ around. I think that coin price will be more increase in future.I Think its long term term coin.you can buy and hold time i hope Cake price will be reach $50 in big pump in future.

Don't forget, they are famous because BSC tokens can be swapped there.
it will definitely happen but $50 without updating and moving from develop is the same as dreaming to be rich but no action in life.
I think there has to be something that makes them likable to be at that stage.
but when there is no meaningful update from develop i'm even sure they will touch it

I think there is still an opportunity to buy CAKE because it is still in decline. I think if CAKE is around $3.75 then it is on the decline because we know that CAKE will surely increase to $50. as it's not showing any positive progress in the previous months so I'm sure it will show its rally so keep your spirits up and don't miss the opportunity to get in.

While CAKE may have potential for growth, it's worth noting that the DeFi space is highly competitive, with many similar projects vying for attention and market share. It's hard to predict whether CAKE will reach the desired price point of $50, especially considering the volatility of cryptocurrency markets.

Buying $CAKE at $40 is bad and now is in serious loss but it is in a bear market. Things will change in a big bull market after next Bitcoin halving in 2024. Pancakeswap is a backbone of Binance Smart Chain and BSC tokens just like Uniswap for ERC-20 tokens.

I think with price under $4, it is good to accumulate $CAKE as part of your dollar cost averaging practice to reduce your average entry price and hold the toke patiently. If you can reduce your average price to about $10, it is very possible to have a draw and $20 in a next bull run is possible too. I am not too optimistic that $CAKE token will recover to $40 or make a new all time high but $10 and $18 or $20 is very realistic target price.

almost 2 years when you ask this question and also have seen how the market of cake flows, yes it reached 44 dollars in April same year you posted this, so maybe the answer is clear for now (maybe there is changes in the next Bull run but we knew nothing about that)
Cake is not going to reach 50$ today or even this year.
so maybe this thread is enough and nothing to go further.
but cake is still a good project as swapping comes good back in the days.

in the 2021 bullrun, CAKE can reach more than $ 40, and now it's indeed a bearish season that is sweeping the world of crypto currency,
so it's not surprising that the price of Cake drops sharply, but for $ 50 more it is possible that it can still be achieved,
especially now that the price of Cake is still very cheap, of course this is a great opportunity.

That is because it is easy to create tokens in this category as it is decentralized and less inspection or regulation is needed like in a normal crypto category but many of the projects can only come and go because they are pretty bad while this CAKE is one of the strong coins who are still holding despite of dropping a lot of its value.

CAKEs all-time high was 43 dollars so 50 dollars might be possible once we are back in the bull run again. Yes, cryptos are volatile but this was also one of the factors which can make the coin grow because people will buy once it dips and then hodl. They will keep on doing this, until the price gets stable and rise consistently up to their selling point.

It was possible when Bsc network start their massive journey. Bnb rise from 30$ to 400$ then this time all bsc network dapp token price also pumped hard. Pancakswap is rank 1 Dex in bsc network. i remembered that cake token price did many x and rised from 0.4$ to 30$.

Now many network has been launched and money which was only flown into cake for staking and liquidity purpose distributed among other chains dex too. Now  Aptos, Arb, optimism , matic, sol, avax and many other chains are available and all have own dex so its very hard to reach 50$ now.

many have said that defi category are highly competitive and I agree, everyone blockchain there gonna have more than five defi nowadays, it's highly competitive and i don't think the old platform will just retain their value like that. even though cake has gotten close with $50 marks judging from its former all time high, I doubt it could ever reach that high ever again.

I'm a fan of AMM tokens as long as the AMM is the major one on that chain. 2nd tier AMM tokens don't generally do well. I like CAKE, BOO, TRI, REF for example, all of those have real utility and revenue. If you farm, you can take those farming rewards and stake them and earn even more rewards. I'm also bullish on BNB privacy projects like 0xMR, which also has real world utility.

in 2021 CAKE reached $ 42 and almost touched $ 50, but this year the CAKE price really dumped and only reached $ 2,
but this is good news that currently the price of Cake is very cheap,
if you don't buy CAKE at $ 2 like now then I'm sure you will regret it if $50 is reached in 2024 or 2025.

too much dexes being released but at the same time majority sticks with the famous ones like cake, if their recent all time high was about $40 then isn't it obvious that they could always repeat the same massive increase if the market condition allows it, i think cake reaching $50 when bullrun comes is a piece of cake no pun intended.

Cake is a DEX and NFT project, so if these two categories are Hype again then Fomo to increase the price of CAKE could have exceeded the ATH and maybe $ 40 passed,
but we also have to see a number of things that history says altcoin season will arrive after the Bitcoin halving, and second, the price of Bitcoin reaches new ATH,
this is why I'm still very realistic for altcoins, Cake reaches $ 10, I feel happy, especially at $ 50  ;D.

i think nowaday investing in these swaps coin are just unrealistic, there are so many swaps platform out there no reason waiting cake to increase that much instead one could always invest in newer platform where they still got massive potential.
although cake is known for its fame, many are using uniswap and 1 inch even these are allowing their contract to be deployed in other blockchain.

CAKE coin has some interesting prospects. Considering it was at $40 before, there's potential for it to reach those heights again. But, you know, the crypto market is pretty volatile, so it's hard to predict with certainty.

If you're planning to hold and stake CAKE, it could be a good idea to aim for that $50 target. I mean, staking will give you some passive income as well, which is nice. But, just remember, nothing's guaranteed in the crypto world. So, it's essential to stay informed and keep an eye on market trends.

$50 is still realistic, because the price is not too far from the ATH price, so of course if there is the next altseason occurs, then for sure the price of CAKE will create a new ATH price, so of course it is very easy for the price to reach $50, but if I personally don't invest in CAKE, because I am more interested to investing in Bitcoin and Ethereum.

I don’t know how Cake price 50$ is still realistic to you, i see there are many DEX platform is launched in the market, and people’s wants to invest in new platform, today CAKE price is 2.11$ so even 50$ is unrealistic in the next bull run, i will never hold CAKE in the long term where i have opportunity to invest in new big project.

as long as you get profit then it's a good idea and in my opinion $50 is a fair price for CAKE, so of course the price of CAKE can definitely reach $50 according to your target, it's just that the market is currently in a bad condition, so CAKE prices are still difficult to increase, therefore you have to be patient and wait until the altseason comes to make CAKE prices reach $50.

How much you are patient to see the increase and if you can get through it maybe it's easy to see a good price later. Don't keep looking at prices that have only shifted slightly because everything needs a process to be better in the future. hope everyone nothing is ever bad.

it was realistic back then but I don't think it's realistic right now, there's just absolutely no reason why these swap platform coin gonna rise, all attention is stolen by meme coin and layer 2 coin, most investment flowing in infrastructure based coin, I don't think these coin like cake will ever reach that high ever again.

Yes, there's this tension in these swap platforms because the market isn't favoring them at all. Well, whenever we go into a bull run, that's when we'll know if the price for cake @ $50 is going to be realistic or not. Because that's where things happen and we'll see how much it'll go up when the bulls back. Right now, we don't see any optimistic moments on it as it's quite low so, the realistic thoughts of many is that it's far from that price and that's why let the market decide whenever we see it up again but maybe that's likely by next year or by 2025.

Of course it's a good idea, because many people use the platform from pancake, so that makes CAKE price will definitely continue to increase and $50 is an easy price for CAKE to achieve, because when the next bullrun comes, then I'm sure CAKE price can reach $50 or even more from that, therefore your choice to invest in CAKE is right.

By looking at the movement that continues to occur at this time, it is indeed the right choice to wait for prices to continue to be high going forward. I also have some of these coins to continue to maintain and see the improvement that will occur in the future.

very realistic, don't worry, Cake can reach new ATH and can even be more than $ 50, because the chart shows that during the 2021 bullish season,
Cake prices can increase from $ 0.3 to $ 40 and unfortunately that is the ATH, and currently the price of Cake is only $ 1.6,
so maybe the cake in 2024 or 2025 will reach $ 60 maybe or $ 100, so don't waste this opportunity.

Cake still has great potential when the altcoin season comes, especially Cake is one of the DEX projects which currently has many users,
you could even say Binance 2.0 but the DEX version, yes, I support Cake for $50 and I believe it can happen on Cake because Cake is an altcoin with good development.

Pancakeswap is World largest Decentralized Exchange. Cake token pancakeswap own token. Cake Coin All time high was 44$+. I hope cake Coin recover with BTC pump. You can hold  and stake your cake (DYOR).

impressive to see that you still think that Cake token will break ATH. cake token failed to maintain momentum and we are seeing any future pumping scene for this token. Time has been changed and now buyers looking for short term coins and the coins which have any big event near and cake have no such event nor good for short term profit.

I don’t want to compare cake with Binance. Because you know Binance is the number one centralized exchange right now, it’s fundamental is very strong than Cake. Also BNB is launched so many real use cases products where i don’t see in enough development in PancakeSwap. So many swap exchanges tokens in the market so i don’t think it’s a worth invest.

So far Pancakeswap only used for to get Funding and support scam coins/projects, Enough for me to particapate on swap coin with weird coin. Usually on Binance exchange i'm use P2P due to it's fee free and trusted with seller or buyer if compared with pancakeswap high tax buy and sell, especially use gas fee too :'(

yes, because I'm sure the price of CAKE can reach $50 in the future, especially if BSC is getting more popular and more people start using BSC, then of course it will have a good impact on CAKE too, because it will make more people will use CAKE too, so the price of CAKE can increase very high and reach at least $50 easily.

Cake has reached $ 40 in 2021, of course that's a good thing and can be used as a guideline that even $ 40 can be achieved, let alone $ 50?.
so with that investors will also believe that Cake is able to reach new ATH again,
but indeed there is no guarantee and all we have to do is hold and believe that it will happen in the bullish season.

Binance and Coinbase are in trouble with the SEC and it will be an opportunity for the DEX token to rise again,
and CAKE will be top 1 in being a DEX exchange because we know that pancakeswap has a great reputation being built on the BSC network,
and the second one is probably Uniswap, Of course, if this happens, Cake will easily reach $ 50 in the bullish season.

it will still need about 50 times of its current price though which proven difficult how the situation currently now, it might be realistic if we were in bullish but right now the market seems grim, so realistically such price will not be reached this year.

If $CAKE and $UNI can not recover to like half of their all time highs in 2024 and 2025 bull run market, it will be a very big lesson for investors who believe in top altcoins.

Uniswap and Pancakeswap are very big decentralized exchanges but their tokens fail to keep their prices in this bearish year. It is very big loss for any investor bought those tokens 2 years ago even with prices about half of all time highs.

having an continues fall? and the proof is this being rank 97 from top 10 early this year?

https://coinmarketcap.com/currencies/pancakeswap/

swapping time is ended , and yes specially now that there is a huge fee in swapping and also in withdrawing ?

I think Cake will never attaint that target , sorry for the supporters  .

Before the bullish came, Cake would find it difficult to reach new ATH, that applies to all altcoins,
because altcoins still follow the price of Bitcoin, but the good news is Cake is included in the DEX token,
where DEX could be in 2024 or 2025 there will be more and more users because CEX is getting bigger fear,
from the FTX case and now Coinbase and Binance being sued by the SEC.

The price of a cake reaching $ 50 is still realistic in my opinion,
because Cake actually reached $ 40 in 2021 when the bulls arrived, so 2024 or 2025 will be decisive for Cake,
whether Cake will join the altcoin season or not and in my opinion Cake will follow the Bullish season.

At this time? Sure not gonna happen. It almost impossible for CAKE price to reach $50. Especially if we looking into the market situation right now, the project really need to do something BIG if they want to reach that price in the future.

The market is currently very bearish and the selling pressure is also very high on Bitcoin and Altcoins,
Cake has also fallen -9% in a day according to Coinmarketcap, Cake may even fall deeper to $ 1 to $ 0.7,
because Cake's strongest support is at that level, but I believe it is the final Bottom if it occurs.

many altcoins during the bullrun of 2021 did not make new ATH, so I would say to be very careful as remember that 90% of traders will have to lose money, if you make profit with altcoins sell everything before whales, and do not be fooled by what social media tells you, they are often paid by those who have interests in making you wrong

there's nothing BIG that swap platform could do honestly, there's just rarely innovation nowadays, moreover added with the fact that most of these swap platform have reached their peak valuation, i doubt they could even grow significantly from here on honestly.

think about the time when the OP posted this thread, he mentioned cake was about 20 bucks at that time. and aiming for 50 bucks. wow, look at where we are now. cake is barely $1.5. and so the aim of 50 bucks is like a miracle mission right now.
that is true most of this type of trading platform have already reached their peak, and so rising up to where they are right now needs a life-changing move from their developers.

If you already have a lot of users like Pancakeswap, that's already a good achievement, but DEX development is just like that, nothing special,
but keep in mind if CEX is disappearing and DEX is increasingly being used then CAKE can make it possible to reach $ 50 or more.

there will always be two different sides in determining, but this is natural and very understandable. it's a matter of whether or not you can achieve it, it's clear that this opportunity could happen but if we look at when ATH was made by cake, not when the btc situation was high, but cake had reached it before ATH from btc, it can be concluded that cake didn't move because of btc's condition. .but indeed because of the movement of oneself.
Can this also be concluded as the colleague above said, that cake reached ATH because at that time the swap platform was really used and after that the swap platform began to be abandoned so the price of cake continued to be corrected and was unable to increase again. if that is indeed a problem then it is certain that cake will no longer be able to reach renewable ATH.

PancakeSwap is a DEX anyone can add liquidity even for SCAM coin it cannot be fault for the exchange, also UniSwap is a similar DEX in ETH network, but it’s true that there are many scam/shit coins in PancakeSwap. How you are comparing Binance exchange with PancakeSwap, both of different ecosystem. P2P isn’t like that Swap or convert any coin, it's implemented in every single exchange i think.

even then reaching $50 is a bit stretch, its just too far from current valuation not to mention that coin that already have quite high market capitalization aren't that easy in multiplying its own value.
so honestly I also a bit pessimistic in this regard honestly.

not only being pessimistic on this regard, but we need to be realistic here. that 50 bucks may have come into reality couple of years ago. but right now, there's too much things going on with the market and cake seemed to be stagnant. though it is still better than most projects but at the moment, you can only aim for this token to go up to 2 bucks. and you will be happy seeing it goes up, that is, if you are holding some of it.

maybe that is because there are already so many such platform generated everyday.
im not surprised seeing that these coin already going down ever since, considering everytime there is new blockchain, new swap platform created, and it's not only 1 to 3 platform but its sometimes more than 5 in which I think means that coin relating to these swap platform, aren't that important anymore, since it seemed deploying one is easy enough, when it comes to swap platform, i'd prefer investing in these swap platform that are multi blockchain.
I just think that nowadays, many also prefer such swap platform.

many have said that after ftx collapsing many would flock into these swaps, but turns out thats not really true, but I might be wrong since the price decrease of these swap coins in general didn't reflect the current state of the swap platform themselves.
since we all know very frequently that some coins are just made for decoration.
but then again, seeing the other swaps, we could deduct that they have generally have one thing in common that is downtrend, maybe the coin with their utility, aren't really that needed at the end of the day.