Recently Coin Alpha projects have been coming out frequently, and many of the new coins are deployed on the BSC chain and traded mainly through PancakeSwap. In other words, PancakeSwap has become the core hub for the flow of funds for these projects.
From this perspective, it is likely that a portion of the money earned by the project owner on Pancake will be indirectly funneled back to the platform's own token, $CAKE, through pledging, market making, or buying.
What this means: CAKE is rebinding the role of BSC heat and entry point for new money, with some medium to long term value backfill logic.
Consider a small rated cast CAKE, left side layout, gaming ecological activity picks up.
All-time high of 44, now 2.3 a piece, not much of a problem to double it
Comments (0)