#CAKE Is it worth buying? Long term hold.
CAKE is worth buying and holding for the long term.
The platform has a major flaw which is "inflation".
And now this shortcoming has been overcome very well. The maximum total supply has been reduced from 750M to 450M.
The coin burning rate is also very good.
The ecosystem is outstanding, running 9 chains, leading the Binance smart chain.
The bottom price of $1.05 has grown well, reaching 400% from the bottom price, currently around $3 - $3.20, a nice price to hold.
Allocate holding capital only.
Target 80$-150$ $CAKE
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