#bnb
CAKE (PancakeSwap) — a token of the popular decentralized exchange on the BNB Chain.
What’s happening now:
Price ~ $1.89
There was a growth in March of over 40%, but it has deflated a bit now.
Technically — currently at a crossroads: it could shoot up or slide down a bit more.
What’s new:
They released Tokenomics 3.0:
Drastically reduced CAKE issuance (-44% inflation)
No more staking and voting
They aim to reduce the total number of tokens by 20% by 2030
Some in the community are complaining — saying it has become less decentralized.
Forecasts:
2025 — possibly $2–$2.5
After that — if all goes well, it could reach $10+ in a few years.
Thoughts: CAKE is trying to be “hype” with the new tokenomics. But it’s worth keeping an eye on, as not everything is straightforward. Invest — only with a cool head 😏
