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

[LGD2Business]

CAKE is only just getting started, now trading over $36 which is still relatively low. People might buy this secret king otherwise will be crying once it will hit $100 They're planning to burn token regularly then the pump will happens as usual. CAKE is about ready to soar.

CAKE fair price should be 100$ already, I think it underperforms lately. It's no secret anymore though, everybody started using it.

[Noruka]

CAKE is only just getting started, now trading over $36 which is still relatively low. People might buy this secret king otherwise will be crying once it will hit $100 They're planning to burn token regularly then the pump will happens as usual. CAKE is about ready to soar.

Is Cake fully decentralized? Does the token burn automatically happen on the blockchain or is that decided by the team? Could the dev team get into trouble for providing the service like the guy from Forkdelta?

[Pierre 2]

It is not surprise to see very high valued cakes in circulation. As far as I remember team was talking about constant burn over time after every swap (please fix me if i am wrong).
This is not only reason. Binance Smart Chain is getting very big, Cake is the biggest DeFi project on it, and we all know DeFi projects are very profitable.

[jacafbiz]

Apart from BNB tokens, Pancake swap token (Cake) is another major winner on BSC, Binance has done well for the project and people are seeing the potentials in tokens listed on BSC chain, I don't know if the team can indeed innovate and cave a good niche for themselves long term but the team need to enjoy this period and their success

[leea-1334]

CAKE is only just getting started, now trading over $36 which is still relatively low. People might buy this secret king otherwise will be crying once it will hit $100 They're planning to burn token regularly then the pump will happens as usual. CAKE is about ready to soar.

I guess $50 now is just a matter of time and then if the rally continues we can easily see it go to $100. Pancake v2 is probably the root cause of it all,,, secret king indeed. But the true test comes after the rally. Can it hold on to $100 if it reaches that or it comes back down a lot? We can only wait and see. Token burning is problematic if it does not work:)

[Noruka]

CAKE is only just getting started, now trading over $36 which is still relatively low. People might buy this secret king otherwise will be crying once it will hit $100 They're planning to burn token regularly then the pump will happens as usual. CAKE is about ready to soar.

I guess $50 now is just a matter of time and then if the rally continues we can easily see it go to $100. Pancake v2 is probably the root cause of it all,,, secret king indeed. But the true test comes after the rally. Can it hold on to $100 if it reaches that or it comes back down a lot? We can only wait and see. Token burning is problematic if it does not work:)

What's the deal with Pancake swap v2? Some surprising new features or even cheaper? Certainly a great application that they created with Pancake swap.

[numanoid]

CAKE reached $40 now. Congratulations for all people who have bought with me, we already make 207% profit in less than 2 months. Congratulation too for all people who bought CAKE when it was only $1 or even less than that.

Those who didn't buy CAKE yet until now, feel free to regret. 

[M4nUnit]

Almost $45 for Cake now, glad to have them as my biggest holding! $100 seems to be realistic in mid term target in my opinion 

[Balmain]

 $ 44 the new ath. There is a lot of activity in the market today. This is an expected rise for pancake v2. the market looks very positive today. In the search for new summits in the Bnb, if bnb succeeds, cake will benefit from it.

[leea-1334]

What's the deal with Pancake swap v2? Some surprising new features or even cheaper? Certainly a great application that they created with Pancake swap.

You know what? I actually do not really know. From what I can tell it is not really new features as much as cheaper things for defi. For example instead of harvesting yield each time you can just auto compound it (instead of doing manual compound you just switch it to auto).

So basically yes,,, cheaper gas fees which makes defi people happier:)

[RbiggerG]

$ 44 the new ath. There is a lot of activity in the market today. This is an expected rise for pancake v2. the market looks very positive today. In the search for new summits in the Bnb, if bnb succeeds, cake will benefit from it.

Congratz to the OP as we can see he was right with everything he said and thought. Many here were convinced, but regrettably I was a little late. Now all of you guys say it is going up, and only up!

Everyone here bullish? What do you think is the limit? And while talking about the limit, what could be the floor in case it comes down? 

[Baothai0x]

Your prediction was correct. Did you pay attention to the MDX by the way, it's only 1/10 of CAKE. While its trading volume is at the top 1

[RbiggerG]

Yup, Cake just started pumping and the price below $50 I would consider it's less expensive. Cake is getting stronger everyday, better purchase when it's low. Some people bought cake at 1$ and sold it before pumps. You can except CAKE ATH if you hold it long haul.

What matters is data backing up Pancakeswaps strong development recently. Good volume, a lot of people talking about it and creating buzz, it's a hot one and I also think there is still some potential. Some gains left in the tank.

[leea-1334]

Congratz to the OP as we can see he was right with everything he said and thought. Many here were convinced, but regrettably I was a little late. Now all of you guys say it is going up, and only up!

Everyone here bullish? What do you think is the limit? And while talking about the limit, what could be the floor in case it comes down? 

I think it seems to have broken that even yesterday and right now I can see it is $43 so I guess the natural line to expect now is $50 and upwards. The big test as I said previously also for CAKE is to go to $100 and stay above there. I saw v2 now has a predictions thing going so maybe that is adding popularity to CAKE.

[RbiggerG]

Congratz to the OP as we can see he was right with everything he said and thought. Many here were convinced, but regrettably I was a little late. Now all of you guys say it is going up, and only up!

Everyone here bullish? What do you think is the limit? And while talking about the limit, what could be the floor in case it comes down?  

I think it seems to have broken that even yesterday and right now I can see it is $43 so I guess the natural line to expect now is $50 and upwards. The big test as I said previously also for CAKE is to go to $100 and stay above there. I saw v2 now has a predictions thing going so maybe that is adding popularity to CAKE.

It is also like a self-fulfilling prophecy. When investors see a project that is a lot in the green they also check it out and scrutinize potential investments. That's way Pancakswap could go up even much more than some might think now. It has strong business propositions and the user base is growing.

I like the exchanges that use an automatic market maker model a lot. You can check out the slippage, so easy use by connecting your wallet. Sometimes though liquidity is an issue. But 5 billion dollars market cap says it all for now.

[Noruka]

What's the deal with Pancake swap v2? Some surprising new features or even cheaper? Certainly a great application that they created with Pancake swap.

You know what? I actually do not really know. From what I can tell it is not really new features as much as cheaper things for defi. For example instead of harvesting yield each time you can just auto compound it (instead of doing manual compound you just switch it to auto).

So basically yes,,, cheaper gas fees which makes defi people happier:)

And what does cheaper mean? I still read reports that say it is too expensive. Ultimately it is an Ethereum application so how do they manage to reduce the fees if it's ultimately run in top of the ETH blockchain?

[LGD2Business]

What's the deal with Pancake swap v2? Some surprising new features or even cheaper? Certainly a great application that they created with Pancake swap.

You know what? I actually do not really know. From what I can tell it is not really new features as much as cheaper things for defi. For example instead of harvesting yield each time you can just auto compound it (instead of doing manual compound you just switch it to auto).

So basically yes,,, cheaper gas fees which makes defi people happier:)

And what does cheaper mean? I still read reports that say it is too expensive. Ultimately it is an Ethereum application so how do they manage to reduce the fees if it's ultimately run in top of the ETH blockchain?

Do you think 20-30 cents per transaction expensive? Try Ethereum blockchain, you have to pay 15$ just for approve contract and up to 100$ for a simple swap.
Pancakeswap is indispensable DeFi platform at this point. There is no competition for them.

[numanoid]

Pancakeswap is indispensable DeFi platform at this point. There is no competition for them.

Didn't know you are supporting Cake as well. While you were supported this shit analyzer guy

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.

"Your friend" who in same campaign with you also too dumb to believe him

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.

Now CAKE has shut up all of your negative thought about them 

[LGD2Business]

Pancakeswap is indispensable DeFi platform at this point. There is no competition for them.

Didn't know you are supporting Cake as well. While you were supported this shit analyzer guy

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.

"Your friend" who in same campaign with you also too dumb to believe him

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.

Now CAKE has shut up all of your negative thought about them 

LOLWUT? Do you even read messages? I'm an early adopter of CAKE and I already made six figures from it. I support CAKE since day 1 here, what are you talking about?
He is not my friend, I don't even know him. He had fair worries that every one of us share and I said I hope CAKE team will fix it, now they did. That's why we see this price increase. I suggest you to get some reading lessons dude.

[numanoid]

LOLWUT? Do you even read messages? I'm an early adopter of CAKE and I already made six figures from it. I support CAKE since day 1 here, what are you talking about?

You have made 6 figures from that and you still wearing that signature to get paid much lesser than you have made? Do you think that's make any sense?

Better to spam other thread, but not in my thread dude