$CAKE ๐ฅ๐คWill PancakeSwap ($CAKE) Trigger a Bullish Price Surge?๐ฅ๐ค
๐ Mayโs milestone: PancakeSwap logged a staggering $165โฏbillion in trading volume in May 2025! ๐ Experts suggest this surge could fuel a ~6โฏ% price uptick in June, pushing CAKE toward $2.70โ2.90, before testing higher resistance levels.
๐ฎ Bullish case: Some analysts project a breakout to $4โ5, citing deflationary token burns and increasing DEX adoption as key drivers.
๐ค Cautious stance: Others expect a sideways carve-out in the $2.20โ2.40 zone if volume cools.
๐ Binance snapshot: CAKE currently sits at $2.61 USDT, shifting roughly +0.93โฏ% intraday on Binance.
๐ก Will June bring a breakout or consolidation plateau?