Cake hits $6 dollars ; 10 dollars now in its sight

about 3 years ago

Cake continues to shock many with its growth. At the moment, it's unclear when the Cake price will stop raising, and for now, no one seems to have an answer to that. The cake price started at $4.10 on Tuesday at exactly midnight and it broke through the $6 mark just before nightfall.

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Cake Tokens value seems to be increasing at a fast-paced rate and it's would be really hard to place a concrete value on the value which the price might start dipping.

Note: CAKE 🥞 is the native token of the Pancakeswap finance exchange.

One of the many use cases of CAKE remains to stake to earn other cryptocurrencies. CAKE was built on the Binance Smart Chain network and that has worked in its favor.

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It should be recalled that CAKE was still valued at below 3 dollars on the 3rd of February and factor that could be pointed out to have influenced the Coin value rise are;