udayantha11 (OP)
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2023 would most likely be as bearish as 2022
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May 27, 2021, 03:30:32 AM |
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I have a big question that
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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JeffBrad12
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May 27, 2021, 03:54:41 AM |
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Don't you compare how much cake and bake was getting locked in the pool and the total supply? I think that there must be lots of calculations to know why it is happening. Did you see another coin like binance? So many binance token that still getting locked but the price can go down to the bottom as well. it's caused by when the bearish market was coming and people are starting to massively unlocking their token and send it to the exchange site or swap it.
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manggis97
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Merit: 10
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May 27, 2021, 04:57:15 AM |
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Many altcoin that have strong fundamental product, so that alot of investor buy and stake it, and there are some altcoin which 80% of the circulating supply staked but the price can not avoid by control of price action of Bitcoin. Bullish or bearish sentiment of BTC will effect to whole crypto market.
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Masyudhi
Sr. Member
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Merit: 250
SmartFi - EARN, LEND & TRADE
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May 27, 2021, 05:07:27 AM |
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Cake is pretty good, if you are a big investor with many assets, will you still think the assets you have will only be stable at the top? some people have their strategy of looking for profit when trading and investing. sometimes they throw away to get more. one of the ways to attract new investors to invest in the project is when the price is down. you can see, the project is doing well as well as their market. price drops are fair to all crypto assets.
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Orange89
Jr. Member
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I WANTED EVERYONE TO BE HAPPY IN LIFE
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May 27, 2021, 08:22:02 AM |
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Up and down is the part of the market recently we had seen that market had been crashed hugely and with it bake and cake also seen effect in their price both are good project and have their own swap and it will be again in top when market became green so please don't sell your token instead hold it for better result
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please be Happy 😊🪄😁🙂↔️😀😄😃😀😅😆😙😗😉😚
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inanilujimi
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May 27, 2021, 08:29:23 AM |
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because bake and pancake are included in the crypto market, most of which will always follow the movement of bitcoin, don't be confused about what happens this is purely a market reaction that will not always be bullish, there must be times when all altcoins will experience a decline which we usually call the market bear.
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KevinBakor
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May 27, 2021, 08:30:54 AM |
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Each currency will rise and fall, this is a normal market phenomenon.
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CryptoUltraman NFT https://cryptoultraman.com/
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v3liana
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May 27, 2021, 08:41:14 AM |
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It just matter of time the price of this coins bounce back to go up and if you see the news Binance NFT marketplace will release in early june, after this marketplace release it will give a huge impact for this both of coins.
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devollito
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May 27, 2021, 09:17:59 AM |
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I have a big question that
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
Bake and cake going low because both Dex is base on BSC, and BNB/BSC now half of its all time high. So the bakeswap and pancakeswap gain low fees too. Its happen to uniswap too when ethereum going low.
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GreatArkansas
Legendary
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Merit: 1358
BUY BITCOIN
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May 27, 2021, 09:21:43 AM |
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It seems the Binance Smart Chain era is already done, there is already a lot of alternative for Ethereum now, since before the common is Binance Smart Chain. Now, there are already a lot, especially Solana Ecosystem, and this new famous sidechain of Ethereum, which is Matic Network.
This could be the reason why BSC coins are starting to dump or if pumping, it is very low percentage.
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pealr12
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May 27, 2021, 10:00:55 AM |
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The market is down and every project is affected by the dip, although it seems some project have a faster recovery mode than some, project like sol already regain like 40% of the previous price they trade on before the bear market happen, others haven't recover that much, but that does not mean that bcs Chain already done, they will surely recover again.
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Ucy
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May 27, 2021, 10:02:32 AM |
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I assume there has to be increasing demand that outweigh supply to keep the price high than low. So, the easy way to get some idea what going on is to compare the total amount available for sell to the buyers.. . Are there enough buying compared to selling? I don't want to bore you with details... You can obtain the info then compare and contrast.
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cryptoknightt
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May 27, 2021, 12:13:41 PM |
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The total of tokens or coins locked is not a reason for coins to go up and down. All crypto markets follow the movement of bitcoin, so far that is the only reason I have observed. The same thing as burn tokens and coins.
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JeffBrad12
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May 27, 2021, 12:23:23 PM |
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The token locked in the platform can be unlocked anytime even when someone will be getting the sanction like its token will be decreased caused by the stakers or farmers must have paid the fees for that because they were breaking the rules. That means if those tokens are not locked permanently in the contract. In my understanding, if there are lots of passive holders and these holders are keeping their coins in their wallets instead of using them to get passive income in the market. That can also create another dump to the price even when you are seeing so many tokens locked in the platform.
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ice18
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May 27, 2021, 02:15:57 PM |
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Not only cake and bake most altcoins even bitcoin move downward in the last 2 weeks and many people are afraid this is the end of bull market so most weak hands got easily shaken and sell immediately wait in the next 2-3 weeks if the market recovers all altcoins will also follow and back on track again.
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kram31
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May 27, 2021, 02:26:47 PM |
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I have a big question that
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
Most of the holders nowadays are becoming more careful to their assets now, in terms of not selling it. Instead of their holdings will be sleep in the wallet or stuck, they applied staking options. And I think this is the right timing to do it while the market is in stage of bearish market. Moreover, I know it is one of the effective way as of the moment to get profit in the future. Therefore, if cake are down in the market that is because we do not know what the whales are planning for it now.
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Sterbens
Sr. Member
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Activity: 1848
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Duelbits.com
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May 27, 2021, 02:44:11 PM |
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when users are silent, because they know it's not the time in the market either for cake or bake to be locked and cause low scores in the portfolio. this is an opportunity for them to hedge the value which will later return at a recovered price. do not let you unlock and exchange it for another Token. even if it still manages to open the lock, then will you let the losses from the decline that is happening? Isn't it better than to exchange when the price drop?
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Rexler
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The Standard Protocol - Solving Inflation
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June 03, 2021, 06:51:20 PM |
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There is every probability that most of the hodlers who staked their cake and bake unstaked them during the market crash, there unstaked and sold their cake and bake token. We all know that the FUD which caused the market crash affected everything tradable in this crypto space, this shows that many people panicked and sold off their crypto asset. Well now prices has started retracing to the top which signifies that people actually bought during the deep and for sure in months to come we will start seeing a new all time high.
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btcltcdigger
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June 03, 2021, 06:59:58 PM |
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I have a big question that
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
Basically because they are pegged to BNB, and if BNB is going down, all other BSC shitcoins are going down aswell. That, plus the fact that the farming reward is BAKE and CAKE, which people immediately sell as soon as they farm something
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dhemasm
Full Member
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Merit: 134
Moderator
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June 03, 2021, 07:32:46 PM |
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I have a big question that
On pancakeswap and bakeryswap , most people are staking on that. as an example pancake swap $8,183,547,557 have Total value locked. This means most are holding are holding cakes to earn cakes or what ever the token or coin.
If most are holding why cake prices down when whole market crashing ? i mean they are holding still , are there any reasons?
There are tons of factor, Bitcoin Prive movement will affect every altcoin ou there including CAKE and you can see it now beside that it's about supply & demand, People won't hold it forever. There are tons of early adopters that buying cake on $1-$3 back then and they are unstaking it then sell it also some people sometimes sell their investment and then it invest on another profitable platform or investment option. There are too many factors to be honest but i think that was the most important factor.
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