/biz/ - Business & Finance

I just recovered a 1.5 year old shitcoin wallet and unstaked $2000 of CAKE from an old pool.
Not what do I do with it, do I sell? Has this thing bottomed out or will it slowly go to zero?

I am forgotten

>burns 1 trijillion of CAKE
>price doesn't move 1 inch
how do they do it?

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

2016 OG here so listen up: Pancake swap is the movest obvious move.

- MCAP is 5-10% of uniswap
- Volume is 60-80% of uniswap
- This is before 99% of the blue chips are tradable.

What i think is going to happen:
- Everyday you are hearing about 5-10 projects on ERC20 transitioning. Last 2 hour. i heard about FalconSwap and Aleph. These are the projects bringing volume on uniswap.
- Over the next 2-3 months, almost all major big players will be tradable on BSC. Where is the ONLY place you can trade them? Pancake.
- Cake becomes top 30 coins, as the biggest DEX
- They are expanding their pools, NFTs, IFO launch pads.
- Billions of DEFI will flow into Cake
- Marketing and accessibilty 10/10 thanks to CZ and Binance exchange.


I sold everything and went all in. Next 3-4 months, CAKE will go on a parabolic run. Now youtube fags and CTs are starting to talk about it. WE ARE EXTREMELY early.

We need to have a serious discussion around CAKE. The market cap of CAKE is 1/8 of UniSwap. The volume of CAKE is 60% of Uniswap. CAKE is launching IFOs (launch pads) every week, along with a ton of other initiatives. CZ and Binance shilling CAKE non-stop. Every day, 10 or so major project announce transitioning to BSC (binance smart chain). The volume that you are seeing on Pancake is maybe 1/50 of the potential volume while all major guys are moving over like AAVE, SNX, etc.

Every 5-6 months, we see a trend, we identify it, and benefit from it. If you ask me, over the next 3-4 months, CAKE is going to become 'the DEX' in crypto and reach a minimum value of $20-50.

Please do not sleep on this opportunity.