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I am trying to figure out why CAKE price has

continually declined since May and especially since the launch of NFT marketplace

I wish there was some sort of onchain analytics to verify 2 things:-

1. The stakers earning CAKEs, what do they do with the earned CAKEs? Do they sell their CAKEs to stablecoin or compound it?

2. People who buy NFT’s on PancakeSwap, did they sell CAKE in the previous 3 transaction to buy BNB to purchase NFT’s and do majority of CAKE holders buy NFT’s on PancakeSwap or non CAKE holders?

The answers to both questions will reveal the truth behind the decline instead of Chefs labelling any criticisms as FUD.

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It’s Christmas Day. Can’t you have a day off?

AntiBot
I don’t celebrate Xmas

Do yourself a favour. Search back through all 205 of your messages. Just see how disrespectful and negative you are. Of course if you aren’t happy about something You are 100% entitled to say that but need to turn it down a bit and maintain respect. Some of your comments will eventually lead to you being removed if you aren’t careful.

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