CAKE is worth following recently. The continuous Burn Mechanism combined with the depth binding of the BNB ecosystem has long surpassed the positioning of traditional DEX.



In simple terms, PancakeSwap has become the liquidity hub on the BNB chain. New projects cold start, asset cross-chain, and large fund inflows and outflows basically all need to go through this platform for the first round of liquidity aggregation. Anyone who has played in the BNB ecosystem understands how important this position is.

It's not unreasonable to compare it with UNI in an arm-wrestling match. UNI is the king of liquidity on Ethereum, while CAKE is its counterpart on the BNB chain. However, at this stage, the spot layout of CAKE is even more worth pursuing. Why? In terms of ecological activity, burn mechanism progress, and token scarcity, CAKE is strengthening in all these dimensions.

In terms of price, 1.7 is a good position right now. If you can grasp the rhythm well, you might consider building a long position here. The target should be around 1.92 without any issues.
CAKE-3.56%
BNB0.19%
UNI-1.84%
ETH0.34%
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GateUser-e87b21eevip
· 3h ago
I've already entered a position, now I just wait for the burn rate to continue increasing, the liquidity advantage is indeed obvious.
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AirDropMissedvip
· 3h ago
1.7 This position is indeed interesting, but the reliability of the Burn Mechanism depends on subsequent execution. Comparing CAKE and UNI? That's a bit too much, the ecological Depth is not even on the same level. Building a Position now? I need to take a closer look at the overall trend of the BNB chain; looking at CAKE alone is a bit risky. This target of 1.92... is too optimistic, a more conservative estimate of a 0.2x rise would be good. PancakeSwap is indeed the hub of the BNB chain, but that doesn't mean the CAKE Token will definitely soar, don't confuse the two. Continuous burning sounds nice, but it's hard to say how much value growth it can really drive; I've seen too many stories of being Played for Suckers. This kind of analysis seems to be trying to mobilize people to enter the market; I will still wait and see.
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GateUser-9ad11037vip
· 3h ago
1.7 is indeed attractive, no one can stop the central position of liquidity in the BNB ecosystem. Wait, is the burn mechanism really that powerful, or is it just another PPT promise? CAKE seems to be a bit lacking compared to UNI, but the spot layout this time can indeed be a gamble. 1.92? Let's see if it can break 2 first, don't be too optimistic. PancakeSwap is indeed the lifeblood of the BNB chain, there's no argument about that, the question is how much soup CAKE can share. High ecosystem activity doesn't necessarily mean a rise in coin prices, sometimes it's actually a signal of fully priced-in good news. Building a position at 1.7 feels okay, but I'm more concerned about how long this burn mechanism can be sustained.
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GasWastervip
· 3h ago
I've already entered a position, now let's see if the burn speed can keep up with expectations. What UNI has on the BNB chain is a dimensionality reduction strike, CAKE's current position is indeed good. The price of 1.7 is really not expensive, I actually want it to be a bit cheaper. PancakeSwap's moat is really strong, no one can bypass it. The target of 1.92 is too conservative, it should be more aggressive. You're right, laying out CAKE now is more stable than chasing the price of other coins. I like the concept of a liquidity hub, this is the real moat. I'm a bit tempted to increase the position, but I still want to see the trend later. Is the burn mechanism reliable? Is there a possibility of big players quietly making money? If CAKE can break 2, I'll go all in directly. It would be a real pity not to take advantage of this wave of ecological dividends.
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