price of CAKE $50 realistic?

[bittick]

many have said that defi category are highly competitive and I agree, everyone blockchain there gonna have more than five defi nowadays, it's highly competitive and i don't think the old platform will just retain their value like that. even though cake has gotten close with $50 marks judging from its former all time high, I doubt it could ever reach that high ever again.

[RussianEnglishTranslation]

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?

I'm a fan of AMM tokens as long as the AMM is the major one on that chain. 2nd tier AMM tokens don't generally do well. I like CAKE, BOO, TRI, REF for example, all of those have real utility and revenue. If you farm, you can take those farming rewards and stake them and earn even more rewards. I'm also bullish on BNB privacy projects like 0xMR, which also has real world utility.

[GelatikKembar]

in 2021 CAKE reached $ 42 and almost touched $ 50, but this year the CAKE price really dumped and only reached $ 2,
but this is good news that currently the price of Cake is very cheap,
if you don't buy CAKE at $ 2 like now then I'm sure you will regret it if $50 is reached in 2024 or 2025.

[Psynthax]

too much dexes being released but at the same time majority sticks with the famous ones like cake, if their recent all time high was about $40 then isn't it obvious that they could always repeat the same massive increase if the market condition allows it, i think cake reaching $50 when bullrun comes is a piece of cake no pun intended.

[globalpain]

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?

Cake is a DEX and NFT project, so if these two categories are Hype again then Fomo to increase the price of CAKE could have exceeded the ATH and maybe $ 40 passed,
but we also have to see a number of things that history says altcoin season will arrive after the Bitcoin halving, and second, the price of Bitcoin reaches new ATH,
this is why I'm still very realistic for altcoins, Cake reaches $ 10, I feel happy, especially at $ 50  .

[lobo13hf]

i think nowaday investing in these swaps coin are just unrealistic, there are so many swaps platform out there no reason waiting cake to increase that much instead one could always invest in newer platform where they still got massive potential.
although cake is known for its fame, many are using uniswap and 1 inch even these are allowing their contract to be deployed in other blockchain.

[merekamo]

CAKE coin has some interesting prospects. Considering it was at $40 before, there's potential for it to reach those heights again. But, you know, the crypto market is pretty volatile, so it's hard to predict with certainty.

If you're planning to hold and stake CAKE, it could be a good idea to aim for that $50 target. I mean, staking will give you some passive income as well, which is nice. But, just remember, nothing's guaranteed in the crypto world. So, it's essential to stay informed and keep an eye on market trends.

[Boomber]

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?

$50 is still realistic, because the price is not too far from the ATH price, so of course if there is the next altseason occurs, then for sure the price of CAKE will create a new ATH price, so of course it is very easy for the price to reach $50, but if I personally don't invest in CAKE, because I am more interested to investing in Bitcoin and Ethereum.

[mdzahed134]

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?

$50 is still realistic, because the price is not too far from the ATH price, so of course if there is the next altseason occurs, then for sure the price of CAKE will create a new ATH price, so of course it is very easy for the price to reach $50, but if I personally don't invest in CAKE, because I am more interested to investing in Bitcoin and Ethereum.

I don’t know how Cake price 50$ is still realistic to you, i see there are many DEX platform is launched in the market, and people’s wants to invest in new platform, today CAKE price is 2.11$ so even 50$ is unrealistic in the next bull run, i will never hold CAKE in the long term where i have opportunity to invest in new big project.

[kevinzxz]

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?

as long as you get profit then it's a good idea and in my opinion $50 is a fair price for CAKE, so of course the price of CAKE can definitely reach $50 according to your target, it's just that the market is currently in a bad condition, so CAKE prices are still difficult to increase, therefore you have to be patient and wait until the altseason comes to make CAKE prices reach $50.

[pantek talacuik]

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?

as long as you get profit then it's a good idea and in my opinion $50 is a fair price for CAKE, so of course the price of CAKE can definitely reach $50 according to your target, it's just that the market is currently in a bad condition, so CAKE prices are still difficult to increase, therefore you have to be patient and wait until the altseason comes to make CAKE prices reach $50.

How much you are patient to see the increase and if you can get through it maybe it's easy to see a good price later. Don't keep looking at prices that have only shifted slightly because everything needs a process to be better in the future. hope everyone nothing is ever bad.

[lobo13hf]

it was realistic back then but I don't think it's realistic right now, there's just absolutely no reason why these swap platform coin gonna rise, all attention is stolen by meme coin and layer 2 coin, most investment flowing in infrastructure based coin, I don't think these coin like cake will ever reach that high ever again.

[blockman]

it was realistic back then but I don't think it's realistic right now, there's just absolutely no reason why these swap platform coin gonna rise, all attention is stolen by meme coin and layer 2 coin, most investment flowing in infrastructure based coin, I don't think these coin like cake will ever reach that high ever again.

Yes, there's this tension in these swap platforms because the market isn't favoring them at all. Well, whenever we go into a bull run, that's when we'll know if the price for cake @ $50 is going to be realistic or not. Because that's where things happen and we'll see how much it'll go up when the bulls back. Right now, we don't see any optimistic moments on it as it's quite low so, the realistic thoughts of many is that it's far from that price and that's why let the market decide whenever we see it up again but maybe that's likely by next year or by 2025.

[barhavsky]

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?

Of course it's a good idea, because many people use the platform from pancake, so that makes CAKE price will definitely continue to increase and $50 is an easy price for CAKE to achieve, because when the next bullrun comes, then I'm sure CAKE price can reach $50 or even more from that, therefore your choice to invest in CAKE is right.

[pantek talacuik]

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?

Of course it's a good idea, because many people use the platform from pancake, so that makes CAKE price will definitely continue to increase and $50 is an easy price for CAKE to achieve, because when the next bullrun comes, then I'm sure CAKE price can reach $50 or even more from that, therefore your choice to invest in CAKE is right.

By looking at the movement that continues to occur at this time, it is indeed the right choice to wait for prices to continue to be high going forward. I also have some of these coins to continue to maintain and see the improvement that will occur in the future.

[Moshi Moshi]

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?

very realistic, don't worry, Cake can reach new ATH and can even be more than $ 50, because the chart shows that during the 2021 bullish season,
Cake prices can increase from $ 0.3 to $ 40 and unfortunately that is the ATH, and currently the price of Cake is only $ 1.6,
so maybe the cake in 2024 or 2025 will reach $ 60 maybe or $ 100, so don't waste this opportunity.

[judaspriest]

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?

Cake still has great potential when the altcoin season comes, especially Cake is one of the DEX projects which currently has many users,
you could even say Binance 2.0 but the DEX version, yes, I support Cake for $50 and I believe it can happen on Cake because Cake is an altcoin with good development.

[Bounty Inspectors]

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?

Pancakeswap is World largest Decentralized Exchange. Cake token pancakeswap own token. Cake Coin All time high was 44$+. I hope cake Coin recover with BTC pump. You can hold  and stake your cake (DYOR).

[TheSpiral]

Pancakeswap is World largest Decentralized Exchange. Cake token pancakeswap own token. Cake Coin All time high was 44$+. I hope cake Coin recover with BTC pump. You can hold  and stake your cake (DYOR).

impressive to see that you still think that Cake token will break ATH. cake token failed to maintain momentum and we are seeing any future pumping scene for this token. Time has been changed and now buyers looking for short term coins and the coins which have any big event near and cake have no such event nor good for short term profit.

[mdzahed134]

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?

Cake still has great potential when the altcoin season comes, especially Cake is one of the DEX projects which currently has many users,
you could even say Binance 2.0 but the DEX version, yes, I support Cake for $50 and I believe it can happen on Cake because Cake is an altcoin with good development.

I don’t want to compare cake with Binance. Because you know Binance is the number one centralized exchange right now, it’s fundamental is very strong than Cake. Also BNB is launched so many real use cases products where i don’t see in enough development in PancakeSwap. So many swap exchanges tokens in the market so i don’t think it’s a worth invest.