Cake almost observed 93% rise in its price in just 7 days. vCake upgrade will take this month. vCake upgrade will give more governance power to Cake holders and it will help to control Cake emission.
Cake at current price is $2.39 still low. It had already achieved all time high worth of $44 in the past. It is still more than 90% down from its all time high worth.
Current rise in Cake worth improved ranking of Cake. Cake which was struggling to maintain in top 100 coins have already placed at 71th Place. Cake has a tendency to go further up.
Cake pump is indeed a sigh of relief for those who bought Cake at higher price. I bought Cake at higher price and my current investment is almost 85% down from initial investment. Huge setback but it happens in crypto world. Crypto investors frequently face such situation. I had learnt a lesson from Cake and Cubdefi investment is that never invest your equity in one or two projects. Always diversify your investment. So, if one project fail other bear it loss.
Although Cake observed a huge pump in price but future of Cake is still difficult to predict. Let's see the outcomes of vCake upgrade. What do you think about Cake price. Does Cake price again touch its all time high worth. I hope so. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.