$CAKE
Honestly, I don’t know if people don’t understand this… or if they just lack financial leadership in DeFi. I keep seeing investors saying “ $CAKE is going back to $40” while the token is sitting at $2.39.
Bro… that’s mathematically impossible under the current tokenomics.
Let’s use real numbers:
Circulating Supply: 338.18M $CAKE
For CAKE to hit $40 again:
338,180,000 × $40 = $13.5 BILLION market cap.
Thirteen. Point. Five. Billion. For a DEX token that no longer dominates its own ecosystem and still has ongoing emissions.
And that’s the real issue… dilution.
$CAKE today is not CAKE from 2021.
The supply has exploded. Emissions continue. Every new token entering the market dilutes your position and pushes the price ceiling lower and lower.
People need to stop investing based on nostalgia and start investing based on data.
This isn’t hate. It’s math. It’s financial education in DeFi.
(I’m cake investor)
