price of CAKE $50 realistic?

[awik p]

cake I think to be the altcoin of choice to invest safely. we see that the products are widely used and run well, especially in this era of BEP 20, so as long as we can be patient, we can get $50. maybe not this year, as long as we don't give up hope for it

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[Dump3er]

Cake belongs to pancakeswap dex, which dex allows to convert/exchange bep20 tokens easily with taking bnb fees. Major part of good altcoins try to get listed on binance as well as most of bep20 tokens at first list on pancakeswap and provide liquidity enough and such things ould help cake fly higher.  Meanwhile i just decide to buy some cake token to hold for long cause good correction is seen currently. Cake ath was upto forty usdt, so i won't be wonder if cake break price of upto fifteen dollar

This is the good thing about CAKE as you described it, it is already an integral part of a major ecosystem, if not the major ecosystem right now. There seems to be no limit to Binance's growth when you look at their investment endeavors and research and development expenditures. CAKE is part of that system and so will also benefit from any move that Binance does. However, there can be unlimited DEXes launched on BSC so they do have some competition already.

[aylabadia05]

A good future lies with CAKE and the $50 price for CAKE I think is realistic in terms of usage. Pancakeswap is currently the most widely used swap site, although so far many others have appeared with the same function.

[iphone5s]

A good future lies with CAKE and the $50 price for CAKE I think is realistic in terms of usage. Pancakeswap is currently the most widely used swap site, although so far many others have appeared with the same function.

It's normal to race to make something of the same exchange to make a profit from every transaction made. the easier and cheaper transaction costs will make other people turn to cheaper ones. everyone wants easy things. But until now I still use Pancakeswap for transactions.

[p.b.winry]

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?

There is most likely a chance for cake coins to go up. I think Pancake Swap is the best Swap Exchange on the Binance Smart Chain network. In the long run, this coin is great for hold. In my opinion, it should not be sold when the price rises later. It is better to put it in the Pool only, taking profit from more profitable pool income.

[Reatim]

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?

with continues fall ?  https://coinmarketcap.com/currencies/pancakeswap/ here is your pancakeswap now and is this the way how a multiple bumping comes to happen? i don't think there will be a  major increase in CAKE this near future.
the swapping strategy had been decreasing now and the NFT and Metaverse season is now taking the position of the market.

[lepbagong]

A good future lies with CAKE and the $50 price for CAKE I think is realistic in terms of usage. Pancakeswap is currently the most widely used swap site, although so far many others have appeared with the same function.

there is a lot of swap competition even though binance always uses pakeswap but it doesn't guarantee that all of them will also direct swap there, because there are still many alternatives out there, so there is quite a lot of competition.

but we appreciate that ATH $43.96 - Apr 30, 2021 has been made by Cake and this is very fast because since its presence the increase has continued to move and never went down but after reaching ATH there was a correction, although not purely because of Cake but also because bitcoin was not well and all altcoins are indeed red.

to reach the price of $ 50 of course it could happen but it seems not for this year because everything is undergoing a correction besides there will be a surprise made by bitcoin

[bitterguy28]

A good future lies with CAKE and the $50 price for CAKE I think is realistic in terms of usage. Pancakeswap is currently the most widely used swap site, although so far many others have appeared with the same function.

well it can but now this year or the next , just like you mentioned there are many swapping site popped up and gaining support from the community .
so cake has a large competition now.

cake I think to be the altcoin of choice to invest safely. we see that the products are widely used and run well, especially in this era of BEP 20, so as long as we can be patient, we can get $50. maybe not this year, as long as we don't give up hope for it

but there are so many swapping now that most attract user than just cake that popularized only because of BEP20.

[pealr12]

Someone told me cake is a sleeping giant, but you know in this space anyone can say anything it does not necessarily applies to reality, however, pancakeswap is the one of the most used dex currently with lots of users despite other competitors, i also heard that farming in pancakeswap is more profitable than other dex (i haven't farm there so i can't say for sure) but if this is hold for long term, it is achievable.

[Pejoh Asu]

Someone told me cake is a sleeping giant, but you know in this space anyone can say anything it does not necessarily applies to reality, however, pancakeswap is the one of the most used dex currently with lots of users despite other competitors, i also heard that farming in pancakeswap is more profitable than other dex (i haven't farm there so i can't say for sure) but if this is hold for long term, it is achievable.

I think farming on PancakeSwap is the most profitable compared to others, I always make Pancake swaps for trading, staking, and farming, for staking I choose auto staking with a current APR of around 70%, for farming we can get APR of up to hundreds of percent, because of the number of users The big thing is that this makes CAKE stable when the market is down since December.

[Rehan Zakir]

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?

Either it will cross 50$ or remain below 40$, hitting same ATH is rare.

cake will surely hit the previous ATH but not in the near future because currently the popularity of defi tokens is being eclipsed by game-fi which ongoing popularity.  cake is a good investment for the long term.

You are right brother. Defi projects trend is low now. Now, web 3.0 and meta verse projects are in trending. So, just follow the trend of market. So, you will earn good profit. Cake coin is good coin for long term. But now it is not in the list of trending coins. So, hold it for long term. When it pumps it will give good profit to their holders

[aylabadia05]

A good future lies with CAKE and the $50 price for CAKE I think is realistic in terms of usage. Pancakeswap is currently the most widely used swap site, although so far many others have appeared with the same function.

It's normal to race to make something of the same exchange to make a profit from every transaction made. the easier and cheaper transaction costs will make other people turn to cheaper ones. everyone wants easy things. But until now I still use Pancakeswap for transactions.

$50 is a realistic CAKE price in the future in my opinion, but as I mentioned that currently Pancakeswap is not the only token swap place, there are other token swap places that are an option and I think that's a good thing. If the price exceeds $50, then it is no longer realistic.

[Fredomago]

A good future lies with CAKE and the $50 price for CAKE I think is realistic in terms of usage. Pancakeswap is currently the most widely used swap site, although so far many others have appeared with the same function.

It's normal to race to make something of the same exchange to make a profit from every transaction made. the easier and cheaper transaction costs will make other people turn to cheaper ones. everyone wants easy things. But until now I still use Pancakeswap for transactions.

$50 is a realistic CAKE price in the future in my opinion, but as I mentioned that currently Pancakeswap is not the only token swap place, there are other token swap places that are an option and I think that's a good thing. If the price exceeds $50, then it is no longer realistic.

It's reality then competition is good as it will benefit all the users and investors this place of investment is more on knowledge and timing, buy Cake and hold till it hits the target, there will be a lot of sway and you need to work with your patience, once you set your goal try harder to wait or if you decide to change direction think twice before doing anything.

Each call that you made will reflect on your investment, not just to think twice but if indeed possible multiple or more before
doing your call.

[arditiyan]

$50 is a realistic CAKE price in the future in my opinion, but as I mentioned that currently Pancakeswap is not the only token swap place, there are other token swap places that are an option and I think that's a good thing. If the price exceeds $50, then it is no longer realistic.

For BSC network users, they mostly use Pancakeswap to complete their exchange or swap tokens, although most of these users only use Pancakeswap to that extent without seeing Cake coins so staying at $50 in the future will also be very difficult for Cake.

there needs to be a little breakthrough that will indeed be profitable for investors and developers when they want something like this.
$50 for now is very difficult to reach if the developer can't make something that can satisfy investors.
Besides that when talking about BSC I myself use this but still never think about cake and even I'm not the only one who does this

a breakthrough I think would really make a great thing for cakes.  maybe the team is or will give surprises in the future, considering the coin cake is very large and the team is also very solid it might be a good price.  but the $50 price tag is really hard for cake to hit in the near future.  maybe in the year term can be achieved

[smartaction]

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?

It is good for you if you can hold it for a long time. Because CAKE will not able to reach $50 in 2022. Coz  now there are many more dex exchanges besides Pancakeswap providing swapping for BSC network so CAKE  will take a long time to reach $50

[Dump3er]

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?

It is good for you if you can hold it for a long time. Because CAKE will not able to reach $50 in 2022. Coz  now there are many more dex exchanges besides Pancakeswap providing swapping for BSC network so CAKE  will take a long time to reach $50

Yes the competition in the exchange space is constantly growing, but usually the project lead should have enough money to add new functionalities to Pancakeswap and also do research and innovation. Right now they are in a great position to extend the lead they have right now in the BSC network comported to other decentralized exchanges, but it seems right now as if they aren't putting in a lot of effort to improve their trading platform.

[Luqman]

Because CAKE will not able to reach $50 in 2022. Coz  now there are many more dex exchanges besides Pancakeswap providing swapping for BSC network so CAKE  will take a long time to reach $50

I think we cannot claim CAKE cannot pass $50 in 2022, of course it is possible. But it depends on how the market trend and how the interest of people to buy CAKE. It is also influenced by the reputation of Pancakeswap. Although many DEXs currently, but Pancakeswap is still the best I think. In addition, developers prefer to choose Pancakeswap for the early listing of their coins because it doesn't require strict requirements. While many investors often buy new coins in Pancakeswap since many new coins have their first listing there.

[sonmezmstf1978]

Frankly, it is not possible to say anything about the future value of the business for CAKE. It is known to be expected in the long term, but it would not be right to talk in the short term.

[cafucafucafu]

I just think that there is a lot of CAKE tokens that are left to be minted that would constitute additional supply that would be dumped onto the exchanges, for a $50 CAKE to be realistic.

It's not like you need CAKE to do swaps etc., so even though it is the native token on the pancakeswap platform, its utility is very limited to yield farming rewards.

I'd rather hold the underlying L1 coin, BNB, and use it to yield farm on Pancakeswap.

[imamusma]

Pancakeswap is one of the good exchanges with low fees. But now there are so many exchanges like this and of course their presence will be a good competition. If you intend to withhold it, then what I have to say is worth considering. For me CAKE is good and it would be even better if you think twice about holding CAKE for $50.

Currently, Cake is still under $13 and was close to $20 on ATH, so for $50 it's considered very high for a coin born on the DEX exchange and synonymous with BSC, in general it's very good, but for $50 it's too high mate.