After comparing various aspects, I chose to buy $CAKE
1 Binance needs to vigorously develop DEX, even putting DEX tokens directly on the Binance app for direct trading (this is a huge benefit for Cake, but it hasn't reflected in the token price, not sure why)
2 The burn mechanism has been upgraded; previously it was community DAO, now Binance has taken back power through means. If it wasn't for the intention to vigorously develop DEX, there would be no need for 3-week K to continuously release massive volume. The weekly level triangle oscillation is nearing its end. If it chooses to break upwards, the increase will be quite considerable.
3 Explosive profits, TVL in tens of billions, Uni's TVL seems to be over 30 billion, corresponding to the current 600 million market cap seems a bit unreasonable. Overall, it relies on big players, ranking in the top 3 in performance within the same field, but has the lowest market cap, even 10 times lower than Uni, leading to severe undervaluation. I hope after Binance regains control, they can vigorously develop it, which will reflect in the token price.
I have swapped all my BSC meme coins to CAKE, even if BSC has a market later, CAKE will not be absent.
1 Binance needs to vigorously develop DEX, even putting DEX tokens directly on the Binance app for direct trading (this is a huge benefit for Cake, but it hasn't reflected in the token price, not sure why)
2 The burn mechanism has been upgraded; previously it was community DAO, now Binance has taken back power through means. If it wasn't for the intention to vigorously develop DEX, there would be no need for 3-week K to continuously release massive volume. The weekly level triangle oscillation is nearing its end. If it chooses to break upwards, the increase will be quite considerable.
3 Explosive profits, TVL in tens of billions, Uni's TVL seems to be over 30 billion, corresponding to the current 600 million market cap seems a bit unreasonable. Overall, it relies on big players, ranking in the top 3 in performance within the same field, but has the lowest market cap, even 10 times lower than Uni, leading to severe undervaluation. I hope after Binance regains control, they can vigorously develop it, which will reflect in the token price.
I have swapped all my BSC meme coins to CAKE, even if BSC has a market later, CAKE will not be absent.