Nov. 23 at 2:39 PM
Why I'm feeling Bullish about
$CAKE.X
🔥 PancakeSwap boasts one of crypto's most aggressive burn programs. This relentless deflationary pressure is a significant long-term value driver for
$CAKE.
📈
$CAKE has achieved an impressive 20 consecutive months of total supply reduction.
💰 On-chain data confirms a weekly deflationary burn of 1.28 million
$CAKE tokens, reducing the total supply to 359 million. Emissions are actively being outpaced by burns, pointing to increasing scarcity.