Can't go wrong with LINK. CAKE is a gamble because it depends on the success of Binance and who knows how long they are going to be around. A safer bet would be new projects launching in 2023 like Shardeum and Q Blockchain.
Yeah especially cake is backing with BNB chain which is SEC Lawsuit already targeting some coin such category defi due to is Securities. LINK have opportunity to created new ATH as well in the next bullrun if we compared with circulating supply they have, i belive it will going above $15