Bitgolder

CAKE WAS FUN BUT NOW ITS DONE! Multi Year Correction Incoming

Short
Bitgolder Updated   
KUCOIN:CAKEUSDT   PancakeSwap Token / Tether
PancakeSwap CAKE/USD is showing some real weakness. The selling pressure is astronomical and its going to consolidate for a while maybe a few years if it sticks around. These types of projects will more than likely be weeded out by new regulation over the years. Unless Cake can move with the regulation coming then its more than likely going to tank. It had a nice run but many of these new crypto's and other crap coins/project are going to fizzle away in the next few years. This is not trading or financial advice just my opinion. Comment and like if you appreciate this content. Follow me for more frequent updates. Thank you
Trade active:
This chart aged well!
Comment:
Went much lower than even I expected.
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