$CAKE
CAKEUSDT
Perp
1.301
-3.72%
Price: 1.292
$CAKE is one of the major DEX tokens on BNB Chain. The small gain indicates consolidation rather than aggressive buying. Compared to fan tokens, CAKE has stronger long-term utility within the ecosystem.
Short-term outlook:
Sideways to mildly bullish.
Risk level:
Medium