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PancaceSwap (CAKE) near 40$
Upfront Info: I am a Hodler in PancakeSwap (CAKE), even when CAKE fell down into the high single digits-area back in March 2021. As long as CAKE stays above 30$ I guess, I will keep on "HODLING". Please also check the nice comparison...
...between the Total Value Locked and the price of CAKE during the last 3 months in following graph:
DeFi (Dezentralized Finance) and PancakeSwap still look very hot to me, especially PancaceSwap since they managed to upgrade their Platform to Version2 during the last weekend!
But of course there is some Risk out there. Please also see my chart above where I marked a potential Risk-Zone where I would personally become a little bit cautious about more volatility, maybe even to the downside. Crypto is high risk, but that's how it is. We do our homework and still hope for Mass Adoption in the long run :-)
Disclaimer/Disclosure: Ralph Gollner hereby discloses that he directly owns PancakeSwap (CAKE) and some other digital assets/currencies like Binance coin (BNB), Bitcoin (BTC), Ethereum (ETH) and other as per 29th April 2021.
Disclaimer/Hinweis nach §34 WPHG zur Begründung möglicher Interessenkonflikte:
PancakeSwap (CAKE), Binance coin (BNB), Bitcoin (BTC), Ethereum (ETH), und Andere "coins/tokens" befinden sich aktuell im "Echt-Depot" von Mag. Ralph Gollner - per 29. April 2021
