Cake's recent revenue has surpassed pump fun

In the past 7 days, revenue exceeded 12 million US dollars

Pump fun is the largest meme launcher on the SOL chain

Currently, CAKE's market value is around 800 million US dollars, with a circulation rate of over 70%

CAKE has an annual deflation rate of 4%, with 20%-30% of transaction fees used for repurchasing and burning CAKE, so we can do the math. I think CAKE's current price is undervalued. Of course, in the short term, there will be a market shakeout, but I see no problem in reaching 5 in the medium term.