$CAKE is clearly undervalued. I did some calculations on the 2025 PancakeSwap PE ratio.
By 2025, PancakeSwap's total trading volume is projected to hit 2.36 trillion, and with a 0.05% trading fee, the team's revenue would be around $1.179 billion. After deducting marketing and R&D expenses of $179 million, we’re looking at a $1 billion profit.
Currently, the PE ratio for $CAKE stands at 1.57 * 333 million / 1 billion = 0.522, which indicates it's severely undervalued (a PE ratio between 0 and 13 is considered low).
Even though I can't figure out why the price has been suppressed lately, I predict that $CAKE is gearing up for a massive rally!!!
CAKEUSDT
Perpetuu
1.5594
+0.40%
BNBUSDT
Perpetuu
682.05
+2.77%