@DayumCryptos In the last year $CAKE price was following $BNB price. This until the end of September 2021, from where BNB doubled its price, while CAKE lost 20%.
If CAKE would have followed BNB now, it should be about 40$.
Is it CAKE undervalued or there is a reason for this?
In the last year $CAKE price was following $BNB price. This until the end of September 2021, from where BNB doubled its price, while CAKE lost 20%.
If CAKE would have followed BNB now, it should be about 40$.
Is it CAKE undervalued or there is a reason for this?