What do you think about CAKE?

[tygeade]

Do you think it will reach $20 this year?

Looking at how it is already 6.7 dollars, 20 dollars is not really that impossible. The current market is unfortunately not great and that could be a reason why people think that it will not reach that high, but at the same time we have to realize that the price is not doing that badly when the whole market goes up. So that means when the prices of coins go up, then cake will go up with it.

This means we need to reach a whole new level on bitcoin, ethereum, bnb and all the others. Doesn't mean that we can't or we will, it just means that I do not see Cake going to 20 dollars alone, only if things go up a lot then we can see the price go up a lot more.

[1715279925]

1715279925

[1715279925]

1715279925

[1715279925]

1715279925

[Yamifoud]

Do you think it will reach $20 this year?

We all hoping to see the market bullish but unfortunately, this year doesn't look good. Like to think that CAKE will push high this year, my answer is IMPOSSIBLE. Prices will just bounce high if Bitcoin will move high as well but for now, it was clear to see the declining sentiment which is expected to continue until the end of this year 2022.

If you were holding Cake tokens right, you'd just keep them and never think about selling. It is never to say it has huge potential but it already established market demand that could give a chance to recover as Bitcoin will bounce back.

[BuNga_cute]

Do you think it will reach $20 this year?

Looking at how it is already 6.7 dollars, 20 dollars is not really that impossible. The current market is unfortunately not great and that could be a reason why people think that it will not reach that high, but at the same time we have to realize that the price is not doing that badly when the whole market goes up. So that means when the prices of coins go up, then cake will go up with it.

This means we need to reach a whole new level on bitcoin, ethereum, bnb and all the others. Doesn't mean that we can't or we will, it just means that I do not see Cake going to 20 dollars alone, only if things go up a lot then we can see the price go up a lot more.

The price of CAKE today is really down drastically compared to last year which managed to reach the price of $44. As you said CAKE is now at $6,
which means CAKE is down about 84% from ATH. Moreover, this year the market entered a bearish trend, which did not allow the CAKE price to rise
to a price of $20. CAKE is indeed a good project for investment, especially now that the price has dropped very low, so now is a good time to buy CAKE.
But in determining our target we must be realistic, because the target price of $20 is too difficult for CAKE to achieve this year. Moreover, the price of
Bitcoin, which continues to decline in price, has an effect on the majority of altcoins as well. Maybe if the market recovers and Bitcoin price can rise
again above $60k this year, the price CAKE might reach is around $10. I think the price of $10 can be achieved by CAKE this year, that's a pretty
reasonable price that CAKE can achieve this year.

[Balmain]

Do you think it will reach $20 this year?

Looking at how it is already 6.7 dollars, 20 dollars is not really that impossible. The current market is unfortunately not great and that could be a reason why people think that it will not reach that high, but at the same time we have to realize that the price is not doing that badly when the whole market goes up. So that means when the prices of coins go up, then cake will go up with it.

This means we need to reach a whole new level on bitcoin, ethereum, bnb and all the others. Doesn't mean that we can't or we will, it just means that I do not see Cake going to 20 dollars alone, only if things go up a lot then we can see the price go up a lot more.

The price of CAKE today is really down drastically compared to last year which managed to reach the price of $44. As you said CAKE is now at $6,
which means CAKE is down about 84% from ATH. Moreover, this year the market entered a bearish trend, which did not allow the CAKE price to rise
to a price of $20. CAKE is indeed a good project for investment, especially now that the price has dropped very low, so now is a good time to buy CAKE.
But in determining our target we must be realistic, because the target price of $20 is too difficult for CAKE to achieve this year. Moreover, the price of
Bitcoin, which continues to decline in price, has an effect on the majority of altcoins as well. Maybe if the market recovers and Bitcoin price can rise
again above $60k this year, the price CAKE might reach is around $10. I think the price of $10 can be achieved by CAKE this year, that's a pretty
reasonable price that CAKE can achieve this year.

I agree with what you said, Cake never saw its highest price ever again. From there it quickly dropped to twenty dollars, then ten dollars. Now, as the market has turned into a bear, there is a possibility of further decline. In fact, you can buy a piece of cake and put it in a long-term cake apy pool, it's very risky, ignore it.

[andyou1234]

I think CAKE is one of the coins that has a very prominent privacy in crypto, where the price of cake once reached its highest price last year, which was $44, but because the crypto market experienced a prolonged bearish period CAKE also experienced a very in of $5.86 but I am very optimistic if the crypto market recovers and enters the bullrun season, the CAKE price will increase again.

[Samurai trieng]

I think cake is one of the coins that has very good potential, and is very good to invest in the long term, if you want to invest in cake then now is the right time to buy it because at this time the price has dropped very drastically which is around $5 where the price of the cake has reached its ath which is $44 in 2021 yesterday, I am very sure that in the next few years the price of cake will increase as the crypto market improves.

[usekevin]

The cake price had reached maximum of 44$ and minimum of 5$.So by mean calculation the price of cake must be reached between 24.5$.So with my calculation and prediction.The price of cake will surely reach of 20$+ before this year end.Its better to inverse a good amount of cake at 5$.When the price is increase to 20$.You will get the profit of 300% from the current value.Only the few people will miss this goldern opportunity.

[SirLancelot]

Cake never saw its highest price ever again. From there it quickly dropped to twenty dollars, then ten dollars. Now, as the market has turned into a bear, there is a possibility of further decline. In fact, you can buy a piece of cake and put it in a long-term cake apy pool, it's very risky, ignore it.

We can literally say this for bitcoin itself. It was 68k, then dropped under 60k, then dropped under 50k, then dropped under 40k, and now stays under 35k. If we look at things as how they dropped individually then we will imagine them being horrible and it would not make any sense because they would look like they dropped so much that there must be something wrong with them in that case.

However, if you look at them as a market general comparison then you will see that it's not doing that bad, I mean Cake did drop, and dropped a lot for sure, but that doesn't change the fact that the whole market dropped so it shouldn't be of any concern for you.

[crzy]

The cake price had reached maximum of 44$ and minimum of 5$.So by mean calculation the price of cake must be reached between 24.5$.So with my calculation and prediction.The price of cake will surely reach of 20$+ before this year end.Its better to inverse a good amount of cake at 5$.When the price is increase to 20$.You will get the profit of 300% from the current value.Only the few people will miss this goldern opportunity.

There’s a high possibility for this because of that ATH with CAKE, and right now is a good time to accumulate, though it is not guaranteed that it will rise in just a short period of time but at least you already have CAKEA that can pump again and continue to rise in the coming years, maybe the next bull trend CAKE will join that.

[Cryptoababe]

Cake can reach any price as every crypto assets are speculative assets like Bitcoin. The price cant be predicted perfectly but with more development on CAKE platform, The coin can reach any price at any time. Moreover, its currently in a correction mode so the next thing should be pump.

[Reatim]

Cake can reach any price as every crypto assets are speculative assets like Bitcoin. The price cant be predicted perfectly but with more development on CAKE platform, The coin can reach any price at any time. Moreover, its currently in a correction mode so the next thing should be pump.

can reach price at any time? I'm afraid it will be coming there as that mate ..  because though CAKE is a good project but lets look at the support and  this shows there are no speed coming for this project.

I think CAKE is one of the coins that has a very prominent privacy in crypto, where the price of cake once reached its highest price last year, which was $44, but because the crypto market experienced a prolonged bearish period CAKE also experienced a very in of $5.86 but I am very optimistic if the crypto market recovers and enters the bullrun season, the CAKE price will increase again.

I Know that this is one of the best but of course there are something that we should look for waiting and not too fast .

[bitterguy28]

Do you think it will reach $20 this year?

I don't think it will reach 20$ this year but in the next 3-4 years? sure this will because CAKE is one of the most competitive Project that exist now and may get top 10 position in those years .
so If you are willing to take this into another level? then best to keep your cake on hold for this year and the coming 3 years from now.
but if you are not sure of having this for long term then best to sell now as the market will continue dropping till 3rd quarter.

[uelque]

Cake reaching 20$ this year? If we would look in the current situation of the market, I doubt that it will reach 20$ this year. But still, crypto sometimes is unpredictable so it is still possible. No can really ever tell, whatever coin it is, whether it will reach a certin price or not. It's really hard to make predictions in crypto that's all I can say.

But it doesn't actually matter whether it will reach that 20$ this year or next year what actually matter is that cake is a good project, and a lot of people are still into it, just keep on holding your investment and soon you might see the return in your investment, just be patient.

[btc78]

Cake reaching 20$ this year? If we would look in the current situation of the market, I doubt that it will reach 20$ this year. But still, crypto sometimes is unpredictable so it is still possible. No can really ever tell, whatever coin it is, whether it will reach a certin price or not. It's really hard to make predictions in crypto that's all I can say.

Cake would be in that position if there is a best update from the truth ,  look at the movement now? is there any of the function is in the mood now?

but Indeed that there is no chance for this coin to even reach 10$ lol.

But it doesn't actually matter whether it will reach that 20$ this year or next year what actually matter is that cake is a good project, and a lot of people are still into it, just keep on holding your investment and soon you might see the return in your investment, just be patient.

what is the sense of good project if it is not supported by majority? you know what we are looking here and that is the growth of every coin we are supporting .

[Chato1977]

staying at 4$ now even the market dumped more than 10-40% and this is something very bad for a recovering market this quarter. but of course we will see another dump and pump in the coming days.

Cake can reach any price as every crypto assets are speculative assets like Bitcoin. The price cant be predicted perfectly but with more development on CAKE platform, The coin can reach any price at any time. Moreover, its currently in a correction mode so the next thing should be pump.

it takes time mate ,everything comes to time but not in what we expect instead in mostly we are not paying attention .

[Wildwest]

Seeing the current market situation of the achievement of 20$ is difficult to happen this year, but in the future if the price of bitcoin increases again and the market situation will return to normal then the achievement of 20$ for KUE is very easy to happen, because we can see the development of KUE in the last year the achievement of the highest price of up to 40$ then to return to the highest value takes a process and will not happen this year.

[lombok]

For this year where Bitcoin is still in a bearish mood it seems unlikely. CAKE staying in the $4 range is a good thing, where later when BTC and crypto are in bullrun mode, CAKE is even able to reach their latest ATH.

But if there is further development that can bring CAKE better and experience mass adoption maybe $20 is a fair price.

Stay careful in investing and invest with money that you are willing to lose.

[manok jepang]

Seeing the current market situation of the achievement of 20$ is difficult to happen this year, but in the future if the price of bitcoin increases again and the market situation will return to normal then the achievement of 20$ for KUE is very easy to happen, because we can see the development of KUE in the last year the achievement of the highest price of up to 40$ then to return to the highest value takes a process and will not happen this year.

I agree with you that CAKE has a great opportunity to grow even higher in the future, because CAKE is one of the tokens that has very good potential so far, but because the market is experiencing a prolonged bearish period, the price of cake has fallen very deeply, I very optimistic that if the crypto market recovers, the CAKE price will slowly rise again.

[sana54210]

Cake reaching 20$ this year? If we would look in the current situation of the market, I doubt that it will reach 20$ this year. But still, crypto sometimes is unpredictable so it is still possible. No can really ever tell, whatever coin it is, whether it will reach a certin price or not. It's really hard to make predictions in crypto that's all I can say.

But it doesn't actually matter whether it will reach that 20$ this year or next year what actually matter is that cake is a good project, and a lot of people are still into it, just keep on holding your investment and soon you might see the return in your investment, just be patient.

It is clear from the current look that it will not reach 20 bucks, the market is crashing like crazy and everything is down right now, there is a good chance that it will not reach that level. However, I could at least see it reach to a good level if the market reverses.

I mean think about it, we dropped so low that I can see the market saying "that's enough" and whales and retail investors everyone gets together and starts buying crypto like crazy and there is another hype like 2021 period. Would that be impossible? I do not think that it is impossible, I can see it happening and that happens then maybe 20 bucks could be possible, if not more.

[roslinpl]

Cake was treated as a good coin and the good altcoin. Many new coming coin was traded in the pancake swap. So huge transaction will happen on this. When the cake team had involved in huge marketing, the price of cake will cross the needed one. Mostly people think, the price of the Cake will cross the 20 dollars before this year. Kindly wait for the profit from cake.