worth 0.05bnb, now 0.028bnb. Whats really going on here....?
!status
Even I was wondering the same. The cake community is active and the team is brilliant. Inspite of that cake keeps going down. There is a cake burn on Monday. That should help a little.
There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics
You know what they say it’s always darkest before the dawn it’s always good to zoom out from graphs
I trust cake and I also don't want cake to have a parabolic in few days, cuz people would dump that to take profit. I want it to grow gradually. There by creating strong supports at each level.
Though it has delayed a lot to do a move comparing to BNB which is much heavier and is doing fine.
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