CAKE recently made big news! In 7 days, it earned 12 million dollars, directly taking down the hottest meme launcher on the SOL chain, Pump Fun!

Now CAKE has a market value of 800 million dollars, with a circulation rate of over 70%, this configuration is quite impressive! The key is that their deflationary mechanism is very powerful:

Every year, 4% is automatically destroyed, and 20%-30% of each transaction fee is used for buybacks and destruction, this is simply a combination of a money printing machine and a destruction machine!

Although there might be some short-term consolidation (it would be strange if the operators didn't consolidate), the medium-term target of 5 dollars is absolutely stable! At this price level, it’s worth considering a small investment, and once the consolidation ends, it will be time for takeoff!

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Want to double your account, want to enjoy big gains, want to successfully break even

Stay close to @飞哥聊趋势 and position yourself in the main wave of the bull market in advance!