Creating a CAKE-BNB position for a family member today by cashing out a small % of their BTC. I think CAKE looks solid for a long term hold here. April emission-reduction vote is imminent and probably not priced in. BTC profits will get rotated in if it pops.
CAKE could continue to bleed out over next couple days creating even better entry opportunities but I am happy to bet on people rotating profits into the strongest yield farms, CAKE & CAKE-BNB. Revenue is king.
Pancakeswap & Pancakebunny TVL records. BNB calm before storm, it's chillin while BTC rumbles
CAKE and BNB look good vs. BTC and strong fundamentals where a temporary retracement vs. USD & BTC after a big pop a couple days ago is completely expected
CAKE could continue to bleed out over next couple days creating even better entry opportunities but I am happy to bet on people rotating profits into the strongest yield farms, CAKE & CAKE-BNB. Revenue is king.
Pancakeswap & Pancakebunny TVL records. BNB calm before storm, it's chillin while BTC rumbles
CAKE and BNB look good vs. BTC and strong fundamentals where a temporary retracement vs. USD & BTC after a big pop a couple days ago is completely expected