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

[Dinda mayasi]

This morning the price of Cake is $ 18.33, the price has been stable since a few weeks ago.If my prediction is until 2022 after ATH later, Cake will increase to double the current price, around 36-45$. if you want to go up to 100$ maybe 3 or 4 years from where there are more and more fans

[otreza]

My expectations of CAKE did not come true, I went to more volatile coins on which I can earn fast, then I will definitely return my deposit in CAKE I like it. I used to like CREAM but a bad thing happened to it. I hope all will be well with CAKE.

[perfect999]

My expectations of CAKE did not come true, I went to more volatile coins on which I can earn fast, then I will definitely return my deposit in CAKE I like it. I used to like CREAM but a bad thing happened to it. I hope all will be well with CAKE.

I was also big fane of this CAKE but in last few weeks it's not moving and having not positive trend just because of this now I am turning out this few peoples still believe in this project, but now I have no faith because recently we have some better projects which have much better prospect than this CAKE so investing in them is much better and profitable.

Target of $100 is too high right now even I am having feeling it's not going to touch this figure in long run so better moving with some other better projects much better and fruitful for all investors.

[coinzzzpro]

My expectations of CAKE did not come true, I went to more volatile coins on which I can earn fast, then I will definitely return my deposit in CAKE I like it. I used to like CREAM but a bad thing happened to it. I hope all will be well with CAKE.

I was also big fane of this CAKE but in last few weeks it's not moving and having not positive trend just because of this now I am turning out this few peoples still believe in this project, but now I have no faith because recently we have some better projects which have much better prospect than this CAKE so investing in them is much better and profitable.

Target of $100 is too high right now even I am having feeling it's not going to touch this figure in long run so better moving with some other better projects much better and fruitful for all investors.

I am now in the short term buying CAKE =$18 to sell for $30. While the managers of the CAKE market apparently are not interested in a sharp jump in price.

[superman184]

Pancakes have great appeal, but I fear innovation will rival them. Apeswap will convert the crosslinks to Polygons, it's time for me to do it. Ape community continues to grow, Ape can compete strongly with polyzap, Quickswap, then Ape can reach $100. The main challenge is change, Pancake does not find a way and accepts the simplicity of Dex (Defi) in BSC.

[coinzzzpro]

Today, CAKE grows one of the few in the correction. Maybe together with BNB will give more up today. But so far not significant growth and far to ATH.

[romero121]

Pancake reaching $100 could happen relative to the growth of the market. The bullish market transition from the bear trend needs to be more stronger to reach this. Last year pancake have recorded it's all time high value. By that time price of bitcoin was found above $50k, and pancake touched $44. If this is the case, to reach $100 the bullish move needs to extend and price of bitcoin need to go above $100k.

[Reatim]

Pancake reaching $100 could happen relative to the growth of the market. The bullish market transition from the bear trend needs to be more stronger to reach this. Last year pancake have recorded it's all time high value. By that time price of bitcoin was found above $50k, and pancake touched $44. If this is the case, to reach $100 the bullish move needs to extend and price of bitcoin need to go above $100k.

But those days Swapping is really on the top like when NFT runs the market , but  the problem is nowadays that Swapping is not the a big deal now , there are even  attacks against swap so maybe even if bitcoin breaks 200k next halving , PAncake will not touch that 100$? it may be early to tell but still i don't see any big reason for this thing to happen .

Today, CAKE grows one of the few in the correction. Maybe together with BNB will give more up today. But so far not significant growth and far to ATH.

Half Year after?  Cake and BNB are in the lowest they can get .

[hd49728]

Pancake reaching $100 could happen relative to the growth of the market. The bullish market transition from the bear trend needs to be more stronger to reach this. Last year pancake have recorded it's all time high value. By that time price of bitcoin was found above $50k, and pancake touched $44. If this is the case, to reach $100 the bullish move needs to extend and price of bitcoin need to go above $100k.

Especially if we consider the attempt to reduce inflation from Pancakeswap team and community. Buy back and burn mechanism is already in place. In addition, they have vote to reduce emissions from CAKE farming. Farming less but contribute to reduce emission and lower supply. It will support price in long time.

The next bull market will be crazy for CAKE as it is one of strongest AMM platforms.  $100 for this token is exciting. I hold hundreds of this token too.

[Tytanowy Janusz]

Especially if we consider the attempt to reduce inflation from Pancakeswap team and community. Buy back and burn mechanism is already in place. In addition, they have vote to reduce emissions from CAKE farming. Farming less but contribute to reduce emission and lower supply. It will support price in long time.

The next bull market will be crazy for CAKE as it is one of strongest AMM platforms.  $100 for this token is exciting. I hold hundreds of this token too.

Did you made any calculations how effectively this mechanisms reduce inflation? When I was active in this thread, more than 1 year ago, it was above 200%. How it looks now?

I agree that pancake will be a big thing during next bubble as long as no one will deliver better product since than and pancake business model will work during bear market.

Lowering emissions "they have vote to reduce emissions from CAKE farming" can reduce incentive to farm and lower user base. Pancake created big userbase thanks to big inflation and market bubble so that LP had great returns and traders had great liquidity at an expense of long term investors who were sponsors of this party buying at 10-40$ range. Time will show how this business model will work during bear market.

OP picked great coin ... but in the worse possible moment. At the top of x100 bubble.

[hd49728]

Did you made any calculations how effectively this mechanisms reduce inflation? When I was active in this thread, more than 1 year ago, it was above 200%. How it looks now?

I agree that pancake will be a big thing during next bubble as long as no one will deliver better product since than and pancake business model will work during bear market.

Lowering emissions "they have vote to reduce emissions from CAKE farming" can reduce incentive to farm and lower user base. Pancake created big userbase thanks to big inflation and market bubble so that LP had great returns and traders had great liquidity at an expense of long term investors who were sponsors of this party buying at 10-40$ range. Time will show how this business model will work during bear market.

OP picked great coin ... but in the worse possible moment. At the top of x100 bubble.

Because they build a great product, it will work in this bear market. How will it shine in next bull market, I don't know. I know what can not kill us will make us stronger. If bear market can not kill Pancakeswap, it will be stronger during the bear market and will shine in next bull market. How will it shine? We have to wait next 2 years.

Bear market can kill investors, speculators, gamblers but they can not kill good exchanges. Pancakeswap is a good one.

[rodskee]

My expectations of CAKE did not come true, I went to more volatile coins on which I can earn fast, then I will definitely return my deposit in CAKE I like it. I used to like CREAM but a bad thing happened to it. I hope all will be well with CAKE.

Remember that in crypto expectation is not indeed to happen most of the time and we are nearly to experience behind our expectations.
and also when you buy think that the amount is soon to fall than to earn so when it climbed then you are in Bonus .
CAKE is a good project but nowadays that market is in bad position better not to make it short term instead long term holding.

[Tytanowy Janusz]

Because they build a great product, it will work in this bear market. How will it shine in next bull market, I don't know. I know what can not kill us will make us stronger. If bear market can not kill Pancakeswap, it will be stronger during the bear market and will shine in next bull market. How will it shine? We have to wait next 2 years.

Bear market can kill investors, speculators, gamblers but they can not kill good exchanges. Pancakeswap is a good one.

Back to the inflation. i'll try to estimate it by myself. Total supply equals 307 426 131 CAKE. Based on coinmarketcap hystorical data snapshot 2 months ago 24th of April CAKE Total supply was 288 117 757, so we are talking about 6.7% in 2 months = ~45% annually. If fact its much better than 1 year ago (200%), but it also means that with current traffic on pancake in 2 years bear market supply will double and if we are about to enter 2 year bear market i doubt that traffic wont dump so as burns. You can compensate it with long term Locked staking which yell decent roi now. It doesn't look bad at current price.

[Smitty Werben Man Jensen]

we will know the answer in the future, especially in the year when Bitcoin will Halving, yes! 2024,
my prediction is 2024 will be a Bullish year like 2021, and if CAKE still has a good development,
then I also believe CAKE will reach new ATH, it all depends on Bitcoin, Bitcoin Bullish then Altcoins will also go to the moon!

[Balmain]

The $100 estimate for the cake is now tentatively certain to no longer come true. Until then, until the next bitcoin halving. If the Cake team realizes good solutions, I think it can reach this target level. It is one of the best amm platforms in the market. It has too many users. They are constantly voting for the problem of inflation and I think it is a good job that they put their investors to vote in this way.

[monineklutak]

The $100 estimate for the cake is now tentatively certain to no longer come true. Until then, until the next bitcoin halving. If the Cake team realizes good solutions, I think it can reach this target level. It is one of the best amm platforms in the market. It has too many users. They are constantly voting for the problem of inflation and I think it is a good job that they put their investors to vote in this way.

Can go back to the price of $ 20 Cake is already very good, instead of thinking about $100 for the price of Cake,
it's better to focus on recovery, we know Bitcoin can still experience another dump, because many experts say we are in the capitulation phase,
which means it's not safe, and Cake can also be to $1, so we have to think carefully and correctly

[cvasy]

we will know the answer in the future, especially in the year when Bitcoin will Halving, yes! 2024,
my prediction is 2024 will be a Bullish year like 2021, and if CAKE still has a good development,
then I also believe CAKE will reach new ATH, it all depends on Bitcoin, Bitcoin Bullish then Altcoins will also go to the moon!

In the flow that has happened in the past year or the past, this is the case, but will in 2024 there will be no more changes in the market and people only imagine about the increase in the price of Bitcoin and altcoins due to halving reasons? Because I believe in it too, but will it be like what has happened in the past with all altcoins including Cake ?

[barhavsky]

that is my goal too, because I believe that Pancake will become a very popular exchange (swap) and of course many people will use Pancake Swap in the future, so that will make the price of CAKE can increase very high and continue to create a new ATH price, so of course I'm sure in the future the price of CAKE will be very easy to reach $100 or more than that, especially when the next altseason occurs.

[DOH!]

Pancake will hit $100 only if bitcoin goes into bull season in upcoming cycles. Maybe 1 - 2 or more halvings. Just to admit, bitcoin price appreciation is a necessary condition and cake has to develop and adapt well to situations in line with market demand - a sufficient condition. The altcoin space is competitive and the market is constantly evolving, the capital trajectories of decentralized ecosystems can change at any time. So that's a built in goal for each person.

[SquallLeonhart]

that is my goal too, because I believe that Pancake will become a very popular exchange (swap) and of course many people will use Pancake Swap in the future, so that will make the price of CAKE can increase very high and continue to create a new ATH price, so of course I'm sure in the future the price of CAKE will be very easy to reach $100 or more than that, especially when the next altseason occurs.

I am not strictly following the coin like what I am doing with BTC so I am not totally updated with it's price but maybe the coin did experience some increases last time compared to its price shown in the first post. Pancakeswap is already popular and I think it's currently second if not the first in the decentralized exchange category.

Lots of DEX's have already been created but pancakeswap is still standing strong. If this continues then CAKE's value can still grow. The altcoin season or the bull run can also make things faster. Don't stop believing peeps. Just keep on buying and holding. This is a better hobby than investing in new/hype coins.