price of CAKE $50 realistic?

[coinzzzpro]

https://www.forex.blog/prognoz-po-monete-cake-bezopasnaja-igra-na-trende-na-defi/

DigitalCoin(C)
The market capitalization of PancakeSwap is now slightly less than $ 5 billion, the project has a chance to grow to a capitalization of $ 10-12 billion, as a result of which the token price could be $ 50-60.
This is the simplest analysis when looking at Uniswap.

I like this analysis. I'm also trying to raise money to regularly buy $cake because I'm very confident about its future prospects. in the article it is predicted that the price of $cake in 2030 will be $150, I'm sure that will happen.

This is a very pessimistic forecast, I think that very soon the price will be 50, and if the bull market remains, 100 will be easy to reach.

[ZAINmalik75]

Yeah I am agree that buying cake at 20$ is just like diamond hand buying because just like its Dex exchange working I expect that it will hugely perform in future and can expect around 50$ or may be above 50$ price of cake in upcoming months because its the coin of pancakeswap and we know that its a most usable dex exchange on BinanceSmartChain so keep eye on them and take position at better point

[yohananaomi]

It looks like it has to be realistic to see what happens to cake, because when some altcoins reached ATH last month, cake wasn't able to make the moves that it made when it reached ATH $43.96 - Apr 30, 2021.
of course this is a separate problem experienced by cake can not make changes, there are still difficulties experienced by cake.

I hope that by the end of this year, where most of them will compete to improve, the cake must first be able to match the ATH that has been made. because the current price of $ 19.06 is still far from expectations to be able to catch it.

[rodskee]

Yeah I am agree that buying cake at 20$ is just like diamond hand buying because just like its Dex exchange working I expect that it will hugely perform in future and can expect around 50$ or may be above 50$ price of cake in upcoming months because its the coin of pancakeswap and we know that its a most usable dex exchange on BinanceSmartChain so keep eye on them and take position at better point

supporting this statement as Cake is just being silent now but there are big opportunity of this making another Hype sooner.

Local wallets in my Area had already added this coin to options in trading meaning there is a chance of this for future more adoption.

Cake to the moon lol.

[bahagia93]

Yeah I am agree that buying cake at 20$ is just like diamond hand buying because just like its Dex exchange working I expect that it will hugely perform in future and can expect around 50$ or may be above 50$ price of cake in upcoming months because its the coin of pancakeswap and we know that its a most usable dex exchange on BinanceSmartChain so keep eye on them and take position at better point

It's still a long way to go to $50 because right now the price range is still at $19 - $20, so in general it will take a few more months for that achievement or at least until the end of next year, 2022 for Cake as long as the Dex is still operating very well.

[kapalmabur]

Yeah I am agree that buying cake at 20$ is just like diamond hand buying because just like its Dex exchange working I expect that it will hugely perform in future and can expect around 50$ or may be above 50$ price of cake in upcoming months because its the coin of pancakeswap and we know that its a most usable dex exchange on BinanceSmartChain so keep eye on them and take position at better point

It's still a long way to go to $50 because right now the price range is still at $19 - $20, so in general it will take a few more months for that achievement or at least until the end of next year, 2022 for Cake as long as the Dex is still operating very well.

Maybe your guess is right but if the conditions are not what you think I think it could take longer to reach $50,
so that it is clearer the better we continue to follow developments and hope the price can continue to grow

[peter0425]

Yeah I am agree that buying cake at 20$ is just like diamond hand buying because just like its Dex exchange working I expect that it will hugely perform in future and can expect around 50$ or may be above 50$ price of cake in upcoming months because its the coin of pancakeswap and we know that its a most usable dex exchange on BinanceSmartChain so keep eye on them and take position at better point

It's still a long way to go to $50 because right now the price range is still at $19 - $20, so in general it will take a few more months for that achievement or at least until the end of next year, 2022 for Cake as long as the Dex is still operating very well.

Maybe your guess is right but if the conditions are not what you think I think it could take longer to reach $50,
so that it is clearer the better we continue to follow developments and hope the price can continue to grow

Cake is still struggling to reach 20$ https://coinmarketcap.com/currencies/pancakeswap/ so maybe there will be a hardship hitting 50$ this year .
but next year or the next why not?

Obviously even don't be wonder if cake cross more than hundred dollar by its value. i'm planning to hold some cake for long term. cause i know, PancakeSwap has well security, users face less problem and the support of binance behind it, will make cake strong in future. pancakeSwap even provides easiest technology of trading that could draw traders concentration to bring them there

Planning? while in your post already vouching for this coin? lol if you really trust this one then you should Invested already and not just a plan because this only proves how shitty your post are.

[Balmain]

Cake came up to $44 before summer, we had a good rising season in altcoins, and cake rose nicely with other altcoins. It has been fighting at the $20 level for a long time and there is serious pressure on it because there are too many cakes being produced. Cake pool still produces 72% cake annually, which is too much. Of course, it is not easy to rise with such a supply.

[19Nov16]

Pancake is the most popular swap platform so that the performance of the Pancake coin namely CAKE also skyrocketed, I think the price of $50 is normal because the price is very much determined by supply and demand, even I believe the price of CAKE can pass $100 in 2022.

[Anonymous100]

What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

Token Cake is doing well with the swap platform they developed. Most of the tokens developed with the BSC blockchain are traded on the PancakeSwap platform. We estimate that the Cake token price will reach $100, because the number of tokens in circulation is not too much, and the locked or stake is also very large.

[coinzzzpro]

Maybe until institutional investors start investing in the project, the coin will still be trading at an average price of $10-$20

[Chato1977]

What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

If i were you? i will not look that far because Pancake is still in process of developing meaning there are some areas that need to anticipate first before hitting that high.

I think 20$ is enough for this time and may climb more in the next halving season of bitcoin as mostly the market is making insignificant increase those days.

[btc78]

I like this analysis. I'm also trying to raise money to regularly buy $cake because I'm very confident about its future prospects. in the article it is predicted that the price of $cake in 2030 will be $150, I'm sure that will happen.

Even if the prediction can happen in that year, but it is still very long to wait, so do you have enough patience in waiting for it to arrive ? although there is still the possibility for the opposite to happen, because the prediction is something that is still uncertain.

that is 9 years from now , Bitcoin halving will happen 3x till 2030 in which i believe that the market capitalization will increase 10x from now, in which if cake survived that long then from 20$ now this may increase to 200$ and more in 2030.

with good future plans from the dev and the increasing support from crypto community , swapping is going better and better nowadays and Pancake is the top in that area.

[leea-1334]

Cake went to $44 as an all time high,,, so just because of that I would say $50 is realistic, of course it is easier to say this today than when OP first asked the question.

The real question I pose to you guys here though is,,, have any of you ever USED Cake? As in, not just to swap or stake, but to use to mint NFTs for example? I ask because the last time I saw NFT minting the price was $200++ in CAKE just to mint. Another activity for rich guys

[bitterguy28]

A currency like Cake is really something that we need to take a look for long term , their platform is most used from swapping and i think from the recent ATH this can easily break and climb a little to take that 50$.

Maybe until institutional investors start investing in the project, the coin will still be trading at an average price of $10-$20

Now everything has gone downhill and will have to wait for the next pump, as this is the effect of the downturn in Bitcoin that drags all Altcoins into the red around 5% - 10% more in the market.

today another denial happens as Bitcoin losses 10% and so as the other crypto in ranking position.

maybe this will take until December before finding its way to the top again.

[Shasha80]

Maybe until institutional investors start investing in the project, the coin will still be trading at an average price of $10-$20

Now everything has gone downhill and will have to wait for the next pump, as this is the effect of the downturn in Bitcoin that drags all Altcoins into the red around 5% - 10% more in the market.

Currently CAKE is experiencing a price drop of about 4% in 24 hours and 9% in a week. Maybe this happened because the Bitcoin price fell, so it affected
the CAKE price which also decreased, I hope the CAKE price decline is not too deep. Otherwise, it will make CAKE holders panic and cause CAKE prices
to go down. Regarding the target of $50, I think it's quite realistic that CAKE will achieve it, but maybe not this year, because CAKE has now dropped
60% from the ATH price that was achieved 7 months ago. CAKE takes time to recover, because CAKE is not a top altcoins, so the recovery process is
a little longer. So if we want to buy CAKE now is the right time, because the price of CAKE is very cheap now, but my advice do not buy CAKE in bulk
at once. Just in case the CAKE price drops even further, we buy CAKE gradually.

[Davian144]

If i were you? i will not look that far because Pancake is still in process of developing meaning there are some areas that need to anticipate first before hitting that high.

Your statement is very appropriate because Cake clearly needs development to the next level or something else in order to be better and also stronger in its position in the cryptocurrency space.

I think 20$ is enough for this time and may climb more in the next halving season of bitcoin as mostly the market is making insignificant increase those days.

I also think so because the $20 price is a very decent price for a Cake coin, but if it could be more than that it would also be very good because considering the Dex it is very helpful for Cake's price in the market.

[Ngewex Yuk]

Very realistic, $50 in my opinion is an easy price for CAKE to achieve, now the price of CAKE is around $19, with daily transaction volume reaching more than $300 million, the opportunity to skyrocket will continue to occur, I'm sure when the market skyrockets again the CAKE price can pass $50.

[coinzzzpro]

Maybe until institutional investors start investing in the project, the coin will still be trading at an average price of $10-$20

Now everything has gone downhill and will have to wait for the next pump, as this is the effect of the downturn in Bitcoin that drags all Altcoins into the red around 5% - 10% more in the market.

Yes the market situation is alarming, but for me it is an opportunity to buy CAKE for $17
This is to insure the deposit, if the market grows, the coin will grow with it.

[indah rezqi]

What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?

You mean PancakeSwap?
If it is true that you mean CAKE (PancakeSwap) then the type is token, not coin. I think it's good to be willing to sell at $50. The current price of CAKE ($17.23) is down 7.19%. Holding on to one of the good decisions for now as the chance to hit $50 is still there.