PancakeSwap (CAKE) was once hyped to the sky, peaking at $43.96, but then it collapsed all the way down to $1.05, a staggering drop of 97.6%, which is basically a textbook operation for playing people for suckers; the so-called deflationary mechanism was supposed to be a tool for market stabilization, but instead it became a cover for rat trading, while shouting about long-term value, they secretly dumped; the Binance background did not provide protection, but rather seemed like a guise for large investors to safely exit, leaving retail investors with no place to seek justice; the transformation of CAKE from a DeFi star to a garbage token took less than two years, and the so-called "deflation" feels more like a noose suffocating the price, with only one real meaning—suckers are always the last liquidity. CAKE is not cake, it's a sickle. #CAKE PancakeSwap #DeFi DEX
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PancakeSwap (CAKE) was once hyped to the sky, peaking at $43.96, but then it collapsed all the way down to $1.05, a staggering drop of 97.6%, which is basically a textbook operation for playing people for suckers; the so-called deflationary mechanism was supposed to be a tool for market stabilization, but instead it became a cover for rat trading, while shouting about long-term value, they secretly dumped; the Binance background did not provide protection, but rather seemed like a guise for large investors to safely exit, leaving retail investors with no place to seek justice; the transformation of CAKE from a DeFi star to a garbage token took less than two years, and the so-called "deflation" feels more like a noose suffocating the price, with only one real meaning—suckers are always the last liquidity. CAKE is not cake, it's a sickle. #CAKE PancakeSwap #DeFi DEX