Let's talk about $CAKE , many people have been asking me recently, because this hasn't really increased, a lot of people have started calling it a garbage coin.
The reason CAKE hasn't increased much is simple: BNB hasn't increased. CAKE is the number one altcoin in the BSC ecosystem and is currently basically at the bottom. As long as BNB rises, CAKE is sure to explode. Once it explodes, CAKE, being a low market cap coin, will directly double. This logic is similar to how when ETH rises, Ethereum-based altcoins such as ENS, ETHFI, and COW can surge as well. It's a simple principle. So instead of blaming CAKE, it would be better to criticize BNB, after all, debts should be settled with the right party 😂
Pancake Swap is the largest decentralized exchange on the BNB chain. Since the beginning of 2025, when BNB decided to vigorously develop on-chain memes, Pancake's protocol revenue has seen a significant increase, and a series of recent actions indicate that Pancake is shifting its focus towards development and profitability. DEX is currently the best on-chain business, with profitability comparable to CEX.
As long as CAKE's fundamentals and logic haven't changed, I personally will still hold it; it's just a matter of needing a bit more time and patience.