PANCAKE (CAKE) will reach $100. My own goal, NFA

[numanoid]

Some of you ever read about my thread before about BNB coin, if you haven't, you can check on here https://bitcointalk.org/index.php?topic=5316309.msg56318491#msg56318491

I will tell you a Big secret if CAKE coin right now and right here

Now, i'll talk about PANCAKESWAP or (CAKE) coin, now it's being traded around $13, with 130million CAKE coin as cicrculating supply and 213million CAKE coin as total supply.


Let's see the main competitor of PANCAKESWAP, yeah, it's UNISWAP, which currently being traded around $32 with 521million coin as circulating supply and 1 billion coin as max supply.


Do you guys realized something? YES! CAKE is much cheaper than UNI atm. While CAKE's supply even lower than UNI's, it's still being traded "lower price" than UNI. CAKE's marketcap also 15x lower than UNI, so CAKE's price must around 13x15 = $195/each CAKE to able same with UNI's marketcap.

Does it sound CAKE's price now too cheap?
I will tell you 1 other Big secret of CAKE, look at this thread https://bitcointalk.org/index.php?topic=5322775.0
Today, CAKE has beat UNI in last 24 hours for registred/used by people.

99% i believe CAKE's price will surpass UNI, which around $30 and it would goes to $50 or even $100 in longterm.

P.S i don't care whatever you will buy CAKE or not, it's your money and your decision

[1714906719]

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[1714906719]

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[Tytanowy Janusz]

Some of you ever read about my thread before about BNB coin, if you haven't, you can check on here https://bitcointalk.org/index.php?topic=5316309.msg56318491#msg56318491

Oh man ... I was 15 months before you with my, very similar, calculation I even calculated expected APY from lauchpads, lauchpools and other activities compared to nasdaq average dividend- https://bitcointalk.org/index.php?topic=5208144.msg53299809#msg53299809
But I like to see that I'm not the only one who calculate Pretty rare here in altcoin section, where alt is cheap when it has big community on telegram XD

Now lets take a look at CAKE.
1- The fact that cake compared to uni is undervalued does not mean that its price will grow. Both tokens can dump, but UNI can dump harder. DEFI is very hyped = overvaluated. Compare token marketcap vs volume for dexes and cexes and you will know what I'm talking about.
2- You should take a look at inflation. This year Cake inflation is like 300% - ~200% after burns!. Its crazy to invest in CAKE.

[hd49728]

Now lets take a look at CAKE.
1- The fact that cake compared to uni is undervalued does not mean that its price will grow. Both tokens can dump, but UNI can dump harder. DEFI is very hyped = overvaluated. Compare token marketcap vs volume for dexes and cexes and you will know what I'm talking about.
2- You should take a look at inflation. This year Cake inflation is like 300% - ~200% after burns!. Its crazy to invest in CAKE.

DeFi is the hype game and I believe I am not wrong if I say all DeFi tokens are overvalued. I am sorry with anyone if this opinion makes them angry.

I was in crypto market 4 years ago and I know what is potential projects. Bull market brings hope and over expectation on projects. Teams stay behind projects have enough marketing skills to help price of their coins or tokens move up and up.

But I don't conclude that UNI or CAKE price won't rise more. It is up to the bull market, not me. I agree with you that the risk is there with DeFi projects. Good or bad projects, risk is there with investors.

[numanoid]

Some of you ever read about my thread before about BNB coin, if you haven't, you can check on here https://bitcointalk.org/index.php?topic=5316309.msg56318491#msg56318491

Oh man ... I was 15 months before you with my, very similar, calculation I even calculated expected APY from lauchpads, lauchpools and other activities compared to nasdaq average dividend- https://bitcointalk.org/index.php?topic=5208144.msg53299809#msg53299809
But I like to see that I'm not the only one who calculate Pretty rare here in altcoin section, where alt is cheap when it has big community on telegram XD

Now lets take a look at CAKE.
1- The fact that cake compared to uni is undervalued does not mean that its price will grow. Both tokens can dump, but UNI can dump harder. DEFI is very hyped = overvaluated. Compare token marketcap vs volume for dexes and cexes and you will know what I'm talking about.
2- You should take a look at inflation. This year Cake inflation is like 300% - ~200% after burns!. Its crazy to invest in CAKE.

Well what an amazing calculation from what i read, didn't know there was an user who calculated just like i did.
What do you mean by cake inflation?

[Tytanowy Janusz]

Well what an amazing calculation from what i read, didn't know there was an user who calculated just like i did.
What do you mean by cake inflation?

Thanks

Now back to your question:

CAKE EMISSION MODEL
- 40 Cakes are generated per block ( in each 3 seconds )
From these 40 Cakes,
- 15 Cakes are going to be burned  (Burn pool)
- 15 Cakes goes for —> farmers and lottery
- 10 Cakes goes for —>  Main Cake Pool stakers

So they mine 15 cake each 3 sec just to ... burn it XD Just to make tweets like this one:
https://twitter.com/PancakeSwap/status/1356279604298727434
That's first strike.

We are left with 25 cake generated each 3 sec = 500 each 1 min = 30 000 each 1 h = 720k each 1 day = 262.8 M each 1 year.
Current circulating supply = 134,901,580 CAKE
So in 1 year from now supply will triple so will marketcap do if we will stay at the same price.
That's second strike.

Big dexes from ETH are expanding to other chains (like 1 inch is naw available on bsc and eth). Competition on BSC will only grow.
That's third strike.

Defi, in general, is overhyped
That's fourth strike.

I would rather avoid investing in cake.

[Kang TB]

Does it sound CAKE's price now too cheap?
I will tell you 1 other Big secret of CAKE, look at this thread https://bitcointalk.org/index.php?topic=5322775.0
Today, CAKE has beat UNI in last 24 hours for registred/used by people.

99% i believe CAKE's price will surpass UNI, which around $30 and it would goes to $50 or even $100 in longterm.

P.S i don't care whatever you will buy CAKE or not, it's your money and your decision

but there is an issue on pancakeswap now
https://twitter.com/PancakeSwap/status/1371471934999777281
i hope pancakeswap team will fix this issue as soon as possible mate

[LGD2Business]

So they mine 15 cake each 3 sec just to ... burn it XD Just to make tweets like this one:
https://twitter.com/PancakeSwap/status/1356279604298727434
That's first strike.

We are left with 25 cake generated each 3 sec = 500 each 1 min = 30 000 each 1 h = 720k each 1 day = 262.8 M each 1 year.
Current circulating supply = 134,901,580 CAKE
So in 1 year from now supply will triple so will marketcap do if we will stay at the same price.
That's second strike.

Big dexes from ETH are expanding to other chains (like 1 inch is naw available on bsc and eth). Competition on BSC will only grow.
That's third strike.

Defi, in general, is overhyped
That's fourth strike.

I would rather avoid investing in cake.

Those are fair worries but CAKE has some other burning methods as well.

First they have an active lottery, which is used by many people. Some portion of CAKE is burned there.

Second they have IFO's, which half of money collecting is burned directly.

Third they will open prediction market, which also burn CAKE when people use it.

[Tytanowy Janusz]

First they have an active lottery, which is used by many people. Some portion of CAKE is burned there.

So its even worse.

CAKE EMISSION MODEL
- 40 Cakes are generated per block ( in each 3 seconds )
From these 40 Cakes,
- 15 Cakes are going to be burned  (Burn pool)
- 15 Cakes goes for —> farmers and lottery
- 10 Cakes goes for —>  Main Cake Pool stakers

They mint 15 cakes for "farmers and lottery" and then burn coins during lottery... They mint just to burn. For second time. For me .. its cheating, fake boosting numbers to confuse investors/users.

~3000 cakes are being burned during lotteries on average - based on last 10 lotteries ... twice a day. 6000 cakes per day.

While 720k each 1 day is being minted. Its less than 1%

During last IFO they burned $1 500 000. ~100k cake. Its 13% but ...we don't see IFO each day...

Those burns lower >200% inflation to ~170-190%. Its still way too much.

[Flowzer]

First they have an active lottery, which is used by many people. Some portion of CAKE is burned there.

So its even worse.

CAKE EMISSION MODEL
- 40 Cakes are generated per block ( in each 3 seconds )
From these 40 Cakes,
- 15 Cakes are going to be burned  (Burn pool)
- 15 Cakes goes for —> farmers and lottery
- 10 Cakes goes for —>  Main Cake Pool stakers

They mint 15 cakes for "farmers and lottery" and then burn coins during lottery... They mint just to burn. For second time. For me .. its cheating, fake boosting numbers to confuse investors/users.

~3000 cakes are being burned during lotteries on average - based on last 10 lotteries ... twice a day. 6000 cakes per day.

While 720k each 1 day is being minted. Its less than 1%

During last IFO they burned $1 500 000. ~100k cake. Its 13% but ...we don't see IFO each day...

Those burns lower >200% inflation to ~170-190%. Its still way too much.

Agree, that burn activity such as odd thing, burn activity could be from community fund or developer fund which want to do that, not from fresh minted tokens.
Inflation rate will show their actual price in the future, becareful with our investment.

[Tytanowy Janusz]

Agree, that burn activity such as odd thing, burn activity could be from community fund or developer fund which want to do that, not from fresh minted tokens.
Inflation rate will show their actual price in the future, becareful with our investment.

In most cases those funds were minted during lauch with a view to burning it later to build a little hype around it.

Funds for burns should be taken from profit only. % of fees or % of annuall/quarter profit.

BTC. Pancake is thinking about reducing inflation:
https://pancakeswap.medium.com/emission-reductions-to-do-list-and-pancakeswap-v2-20a0f9b46464

It vill be done via "governance vote" - so majority of farmers will have to agreed to farm less. Will be hard.

[LGD2Business]

Tytanowy Janusz I understand your point and you are right. CAKE emission model is not ideal.

I hope they will change it for good. Pancakeswap is backed by CZ, they can use BNB's burning model.

[Tytanowy Janusz]

Tytanowy Janusz I understand your point and you are right. CAKE emission model is not ideal.

I hope they will change it for good. Pancakeswap is backed by CZ, they can use BNB's burning model.

BNB's burning model? Binance burns 20% of profit and has 0 new coins emission, is a market giant with an established position. Cake is a different story. Big part of cake liquidity comes from syrup pools that are feed by cake emission. I think they can't effort to give up on that and let liquidity flood to other dex with better ROI for liquidity providers. DEX market is very aggressive.

Its not the problem with burning model. Its the problem of whole tocenomics, defi overhype, aggressive fighting for the client that we see in DEFI. Cake mint that much coins to grab as big part of market as it is possible. The problem is that CAKE investors are paying for this.

[slaman29]

Totally agree with first person who responded here and that the CAKE inflation is totally over the top and would be very difficult for me to look at now. Also it is in a dip and yes so is crypto entirely while en route to bigger gains. So tough to understand how to move all this out and do APY calculations right now though.

[numanoid]

Well, even though CAKE's supply keep increasing (now in circulation supply is 224 millions compared when i made this thread , 213 millions), i still believe CAKE will be much higher than current price, as they are the biggest DEfi exchange from BSC

Tytanowy Janusz I understand your point and you are right. CAKE emission model is not ideal.

I hope they will change it for good. Pancakeswap is backed by CZ, they can use BNB's burning model.

BNB's burning model? Binance burns 20% of profit and has 0 new coins emission, is a market giant with an established position. Cake is a different story. Big part of cake liquidity comes from syrup pools that are feed by cake emission. I think they can't effort to give up on that and let liquidity flood to other dex with better ROI for liquidity providers. DEX market is very aggressive.

Its not the problem with burning model. Its the problem of whole tocenomics, defi overhype, aggressive fighting for the client that we see in DEFI. Cake mint that much coins to grab as big part of market as it is possible. The problem is that CAKE investors are paying for this.

Fyi, Binance don't burn based on % profit again, as CZ said he wants to speed up the burn process

[Tytanowy Janusz]

Fyi, Binance don't burn based on % profit again, as CZ said he wants to speed up the burn process

Yea. I've seen their announcement. Its still % of profit but now its not fixed 20% as it was before. But its still a fraction of profit generated by them. It does not change to "mine to burn" strategy that we see in CAKE.

I wonder how much they will burn now. They announced accelerated burn at price 45$ saying that BNB growed so much, that " it would take roughly 27 years to finish the burn". After acceleration, they said they are aiming to "5-8 years to finish the 100 million BNB.". The problem is ... price is now 270$ not 45$

They have 70 mln BNB more to burn. $19 billion to burn at current price. $2.3 billion annually (dividing by . $590 mln each quarter. 3.5 times more than last time. It will be very interesting to see if they will achieve that.

[sana54210]

Fyi, Binance don't burn based on % profit again, as CZ said he wants to speed up the burn process

Yea. I've seen their announcement. Its still % of profit but now its not fixed 20% as it was before. But its still a fraction of profit generated by them. It does not change to "mine to burn" strategy that we see in CAKE.

I wonder how much they will burn now. They announced accelerated burn at price 45$ saying that BNB growed so much, that " it would take roughly 27 years to finish the burn". After acceleration, they said they are aiming to "5-8 years to finish the 100 million BNB.". The problem is ... price is now 270$ not 45$

They have 70 mln BNB more to burn. $19 billion to burn at current price. $2.3 billion annually (dividing by . $590 mln each quarter. 3.5 times more than last time. It will be very interesting to see if they will achieve that.

I am not sure they plan to actually slow down at any time. I think they are planning on increasing yet again but I do not think that it is fair to expect them to burn that much this quickly, I would feel bad if I was CZ to burn that much money all together . But, I know that they are going to speed it up but not speed it up to the point where it would be like you said, it would be faster than this but slower than what you calculated.

These are all guesses of course but CZ keeps saying they want to make it faster and faster, if they can burn 100 million BNB today, and give CZ the button to do it, that dude would probably press it right away. I think it is not good to remove all of it that quickly, it helps when you burn but more frequent but smaller burns would be a lot better, make it quicker but smaller and you have yourself a better non-disruptive method.

[Review Master]

99% i believe CAKE's price will surpass UNI, which around $30 and it would goes to $50 or even $100 in longterm.

TBH, i won't be surprised if it surpasses UNI within the next few months as BSC hype is going on which might fuel up cake to pump. Though current DNS attack creates a bad impact , but it won't last long. Personally, i'm farming CAKE and hoping to farm until it's hit my desired price. 

[LGD2Business]

99% i believe CAKE's price will surpass UNI, which around $30 and it would goes to $50 or even $100 in longterm.

TBH, i won't be surprised if it surpasses UNI within the next few months as BSC hype is going on which might fuel up cake to pump. Though current DNS attack creates a bad impact , but it won't last long. Personally, i'm farming CAKE and hoping to farm until it's hit my desired price. 

Farming in low times is good. When it exposed to mainstream more people will stake and our yield will drop. Better go stable until we have enough CAKE. (it's never enough )

[Review Master]

~

Farming in low times is good. When it exposed to mainstream more people will stake and our yield will drop. Better go stable until we have enough CAKE. (it's never enough )

That's true, but we have auto-compounding DeFi platform to multiple our ROI and best part is that it won't effect on the yield unless anyone is a low fund hodlers to use that DeFi platform. Though most of those platforms are audited, but none knows what will happen next in DeFi space as everything is uncertain and DeFi is on the early stage.

Personally, i'm using auto-compounding platforms to farm more CAKE instead of using pancakeswap by taking risk what i can afford to lose. 

[slaman29]

That's true, but we have auto-compounding DeFi platform to multiple our ROI and best part is that it won't effect on the yield unless anyone is a low fund hodlers to use that DeFi platform. Though most of those platforms are audited, but none knows what will happen next in DeFi space as everything is uncertain and DeFi is on the early stage.

Personally, i'm using auto-compounding platforms to farm more CAKE instead of using pancakeswap by taking risk what i can afford to lose.  

I see now a lot of the core farms on Pancake have really crazy ROI but that's not in price, but in token numbers correct?

I really don't see how any of it is sustainable. Collective now is over 500% ROI in a year but I can't see how all these products have real utility other than all these yield farmers. I try to find more info but nothing is available, could you point me to resourceS?