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 at least that staying at 4 dollars is one good sign that Cake is still having its bright future not like NFT now in which experiencing a really bad losses.
But if there is further development that can bring CAKE better and experience mass adoption maybe $20 is a fair price.
In future why not?
maybe in the next 5-10 years?
Stay careful in investing and invest with money that you are willing to lose.
be aware of good project and not those shitcoins that will surely bring you losing streak .