Pancakeswap (CAKE) will ever hit $100 or not?

anthonypomppompliano
2022-10-21 06:42:32

Almost everyone knows about pancakeswap and it's really popular within the crypto community and also backed by Binance . Recently, there was a DNS attack on pancakeswap website when CAKE price was too low like $9 and everyone was worried about CAKE that it'll ever hit $20 again or not. In that meantime, almost every panic sellers sell off their CAKE tokens and leave the market. But real hodlers are always with CAKE and it's now trading at $33 while i'm writing this post as pancakeswap recently launch their V2 with much more development like team will add auto-compounding for syrup pool, prediction section and continuosly burning CAKE which is the best thing ,IMHO.

bellawilson
2022-10-21 06:49:12
That's right and even in the correction time, everyone's expecting to see another major correction of cake so that they could buy more. But, cake didn't take that much correction, perhaps it pumped a lot and made new ATH everyday with little correction from the high price. TBH, it's best to hodl 40% BNB in our portfolio as BNB isn't stopped yet from taking bullish rallly as more new ATH is on the way.