PancakeSwap ($CAKE
): 29 Months of Token Burns—The Sleeping Giant Awakes 🥞🔥
Analysis:
The "DeFi is dead" narrative has pushed $CAKE down to the $1.30 range. But while the price consolidated, the protocol became a deflationary machine. PancakeSwap recently cut its max supply to 400 million, and the CAKE.PAD launch is bringing high-quality IDOs back to the BNB Chain. Whale wallets are quietly accumulating the $1.20–$1.30 demand band.
The Bear Trap: "High inflation" (False—it's now net-deflationary).
Real-Life Potential: $$CAKE s the liquidity king of the BNB Chain, which still dominates daily active users globally.
Entry: $1.25 – $1.40
Target: $3.20 | $15.00 (DeFi Summer 2.0)
CTA: 29 consecutive months of burns. At what point do you stop ignoring the math? #PancakeSwap #Cake #defi