$CAKE
PancakeSwap (referred to as CAKE) is a "dessert" in the decentralized exchange (DEX) space of the crypto world, built on BSC (Binance Smart Chain), attracting many users with low fees and high efficiency. CAKE is its governance token, which can be used for mining, participating in voting, and earning dividends.
However, don't let the sweet name make you complacent! The price of CAKE is highly volatile, and as a DeFi project, it relies on market activity and ecosystem development, so the risks are naturally not low. Friends investing in CAKE should remember: use spare money, don't chase the price, and set reasonable take-profit and stop-loss levels. Desserts are good, but don't eat too much; moderation is key to health!