Pancake Bunny is dying

[PercT4b]

Apparently the "famous" recovery plan didn't work as expected, the price never recovered from the attack and is stable at around 4-6 dollars and the market cap reached the pre-bull run level.


I'm still not giving up with this coin, if a new bull run occurs, then it should experience a price rise given by the new investors (so a hypothetical turnover) that could substitute the old ones that suffered the massive loss.


What do you think about this idea?....looks acceptable?

[Sparrow96]

In my opinion, they will never rise again. You know, there are different trends in the crypto space. Now, in this trend, Pancake Bunny-type projects are rising. If it didn't rise after the recovery plan. I guess it will never attract new investors again.

[distr@yopmail.com]

what's really more special about the bunny? what makes it different from CAKE?
As a beginner, I'm sure I'll be more interested in CAKE than a bunny. it is related to existing platforms and offerings. and I guess pancakes are of course better.
in terms of price, you have your own analysis. but the downtrend will likely bring the bunny deeper. because even though the market looks in improvement. but there really isn't a pretty good gain in bitcoin. still very range for altcoins to correct again.

[DeathAngel]

It’s a real shitcoin, this is what happens with scammy alts. You need to do much more research & only invest in somewhat reputable coins/tokens. Something called Pancake Bunny is always going to end up one way.

[DarkDays]

Apparently the "famous" recovery plan didn't work as expected, the price never recovered from the attack and is stable at around 4-6 dollars and the market cap reached the pre-bull run level.


I'm still not giving up with this coin, if a new bull run occurs, then it should experience a price rise given by the new investors (so a hypothetical turnover) that could substitute the old ones that suffered the massive loss.


What do you think about this idea?....looks acceptable?

I understand your idea of holding to the coin but if the second bull run comes do you think this coin is going to go as hard as others? I doubt it as there's always a feature that spring with a bull run old ideas have not really come back. Just keep that in mind.

[Mahanton]

Apparently the "famous" recovery plan didn't work as expected, the price never recovered from the attack and is stable at around 4-6 dollars and the market cap reached the pre-bull run level.
I'm still not giving up with this coin, if a new bull run occurs, then it should experience a price rise given by the new investors (so a hypothetical turnover) that could substitute the old ones that suffered the massive loss.
What do you think about this idea?....looks acceptable?

Your choice since its your money to be spent or invest on such project.Im not really aware of this project though but this is just the same on most projects where they do really dump out and there would be always
a 50-50 chance in talking about recovery because this is something that cant really be predicted or known on because there are projects which does have potential but eventually didnt able to pull off on having
some recovery after such dump or price decrease.You cant really say its dying as long its still listed but once liquidity drops down then its safe to presume.

[blockman]

Not every coin that comes from hack recovers and even if there's a bull run. I've seen those altcoins that despite the bull run, well, this run is better than the others, still they didn't managed to get up after they've been dumped hardly.
That's why that's the possibility that you should think of and as usual, if it recovers, I think that you should be planning of selling it and even without a margin so that you at least recover.

[PercT4b]

Ok I have to make some clarification (my bad, should have given more info).

First, I DO NOT own the coin, I was only looking for a buying opportunity.

Second, (specially dedicated to the guy who assumed that the coin capitalizing almost 300 million dollars is "scammy" just because its name is "BUNNY"), the price dropped because of a flash loan attack, many many coins flowing into the market, causing a massive and sudden price drop and then an understandable panic-sell that definitely killed the coin.


By the way, thanks for all the answers, I really appreciate that, I will try to wait and understand if it's really worth it.

[makishart]

What do you think about this idea?....looks acceptable?

People were feeling worry to put their money on the pancake bunny after the attack. It was giving a very big impact to the reputation of pancake bunny. I personally will never comeback to the platform that ever got hacked. that's like putting my money into the whole that can make it disappear anytime.
There are bunch of defi platforms that can keep their platforms more secure than it and why do we need to put our money into the risk by putting it into the platforms that's got hacked in the past?
TBH that's a bad idea to keep yourself being stuck on this coin. For me it's not acceptable. I would prefer to move this to the another coin that has better potential than this coin. There's no future for the pancake bunny.
The whales can pump this but the time should be random. You're betting on the pump that may happen anytime.

[wheelz1200]

Apparently the "famous" recovery plan didn't work as expected, the price never recovered from the attack and is stable at around 4-6 dollars and the market cap reached the pre-bull run level.


I'm still not giving up with this coin, if a new bull run occurs, then it should experience a price rise given by the new investors (so a hypothetical turnover) that could substitute the old ones that suffered the massive loss.


What do you think about this idea?....looks acceptable?

Sorry but just taking a look at the title name and thinking something called pancake bunny could be something sustainable is rediculius.  Kinda made me laugh just reading the subject.  When does this nonsense end with stupid names.

[faithupgrade]

People are moving away from Pancake bunny and has the fear of getting exploited from flash loan attack. This is a very sad news to hear from a Defi. Hope other Defi sites like Pancakeswap will do something to prevent this. This method is even posted in Youtube accounts teaching people how to exploit and get advantage from DEFI exchanges.

Apparently the "famous" recovery plan didn't work as expected, the price never recovered from the attack and is stable at around 4-6 dollars and the market cap reached the pre-bull run level.


I'm still not giving up with this coin, if a new bull run occurs, then it should experience a price rise given by the new investors (so a hypothetical turnover) that could substitute the old ones that suffered the massive loss.


What do you think about this idea?....looks acceptable?

[yazher]

In my opinion, they will never rise again. You know, there are different trends in the crypto space. Now, in this trend, Pancake Bunny-type projects are rising. If it didn't rise after the recovery plan. I guess it will never attract new investors again.

The competition in their kinds of the platform is tight and hard to get to the top especially if they just developed something that already exists in some project that is already common to the investors. They wouldn't waste any moment trying new products since they already have tried their best and are more secure. Nevertheless, the recovery process could take long but I think right now they need to consider closing this one and go for another trending project.

[irsada]

Opportunities don't come a second time, if the first one fails then investors will leave it and won't believe in  pancake bunny anymore. I wonder why you are still holding on to an investment in something that was hacked as the transition progressed.

[cabron]

Its ATH is $553, you just can see how volatile crypto is when you have been holding a shitcoin. It does happen all the time when the market shifts from bull to bear. The drop is more than 90%, that's a terrible way of impressing investors to buy your token.

The number of exchanges adding the token and its volume is good too, give it time and you can make a profit from it when the team pumps their own coin.

[bitterguy28]

Ok I have to make some clarification (my bad, should have given more info).

First, I DO NOT own the coin, I was only looking for a buying opportunity.

What? are you seriously saying this? or are you stupidly making fool people here?


this is clearly what you mentioned.

I'm still not giving up with this coin, if a new bull run occurs, then it should experience a price rise given by the new investors (so a hypothetical turnover) that could substitute the old ones that suffered the massive loss.

you are not holding any of this coin yet you are not giving up? that is a purely delivered contradicting lol.

What do you think about this idea?....looks acceptable?

what i think? you are only promoting this shitcoin but this wont help growing because shitcoin has no place to stay long .

[nira09]

I tried looking at the BUNNY token on Coinmarketcap, I think it's pretty good at $4-$5 USD. But after I looked at the complete chart, the highest price of the BUNNY token was $553 USD. The current price is -99%. How sad people who buy at the highest price. It will be very difficult for BUNNY to return to its highest price, even though the token supply is small, but it requires 100x the price increase.

[20kevin20]

It’s a real shitcoin, this is what happens with scammy alts. You need to do much more research & only invest in somewhat reputable coins/tokens. Something called Pancake Bunny is always going to end up one way.

It's not like "Pancake" sounds too legit & impressive either, lol. It's all about how the coin actually changes or comes up with new stuff in the crypto ecosystem, and apparently even shitty-sounding coins can come up with something quite great..

[Bazley]

Pancake Bunny is not dying, she is already dead. No flow in, just wait to die. The hyped capital has left, and the next bull market must find new hot spots, not old things.

[RussianEnglishTranslation]

There are no flashloan attacks on NEAR protocol and Cardano, maybe try using Ref Finance or another DApp. The issue even before the hack for Bunny is that they had a cute logo but never explained clearly to the crypto community what their project actually does.

[wissy]

Its ATH is $553, you just can see how volatile crypto is when you have been holding a shitcoin. It does happen all the time when the market shifts from bull to bear. The drop is more than 90%, that's a terrible way of impressing investors to buy your token.

The number of exchanges adding the token and its volume is good too, give it time and you can make a profit from it when the team pumps their own coin.

Judging by how much price dropped after the attack, i dont see how people will trust their exchange again. Afterall, its just one of many copies of Pancakeswap and has numerous alternatives for users to visit. I think after Binance regulation problems in the last few weeks, we might see a new blockchain gaining popularity, so anyone who will offer exchange there first, will be this bull run winner.