When you can't stand it anymore, you will naturally cut. I don't know how much your cost is, but when making cakes, you must learn to trade in waves. This is the consensus of the cake group.

I see many people's comments, and it turns out that they don't know about the token situation, so they think that my statement about CAKE reaching 100 USD is too unrealistic. Let me briefly explain. There is too much data, so I will highlight some key figures. First is profit; currently, the stable monthly profit is between 30 to 80 million USD, with a recent all-time high monthly profit of 102 million. Of course, this does not account for the LP's share. Recently, its annual net income is around 190 million. The burn mechanism uses 40% of profits for buybacks, but there is also a block production mechanism, producing 1.8 CAKE every 3 seconds, which totals about 10 million a year. 36 million are burned, resulting in a net burn of about 26 million annually, with burn events occurring once a week. I know this data is insufficient to support a market value of 30 billion, but the dynamics of DEFI in a bull market change. After considering multiple factors, the conclusion is 100 USD. The first address is the black hole address, which has currently burned 84.9% of the tokens, amounting to $CAKE