Pancake Bunny Price

[MishaSER]

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

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

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

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[meves99]

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

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

[Slow death]

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

so, I think there will be movement that recovers, will not go down.

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

[janggernaut]

Agree with bitterguy28. You invest in a token with a name like that and see it go to $440++ and there are no alarm bells for you?

I don't think defi is sustainable at all but at least CAKE also has an NFT market coming, so maaaaybe you could get some utility for the gambling (lottery+ prediction) and NFT in addition to defi, making CAKE a lot more valuable than all the hundreds of useless defi-only tokens on BSC.

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

[$anounimus$]

ATH Pancake Bunny reached $553 on Apr 27. If we look at the current price around $11. This is what makes investors big losses. And I think the developers are just looking for a momentary profit, and taking advantage of the crypto trend. If we wait for the next ATH, it will probably take the next 5 years.

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